April 1 Foundation
Private foundation · Vancouver, British Columbia · BN 740996293RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($4,932,424) as filed with the CRA.
April 1 Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $1.8M in revenue and $4.9M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 69% of peers.
As a grantmaker, it reported gifts to 28 qualified donees totalling $4.6M in 2024, the largest being $1.1M to Bard on the Beach Theatre Society. Its filed list of directors and trustees shows 3 names.
In its own words
The april 1 foundation will apply for and recieve grants gifts legacies devises and bequests and will raise funds through appropriate fund-raising activities and will hold administer and invest the funds so received. The foundation will distribute or deal with the funds so received and raised in furtherance of the purposes of the society and for such organizations as are qualified donees under the provisions of the income tax act (canada) and for such other purposes and activities which are authorized for registered charities under the provisions of the income tax act (canada) includi…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $4.9M | — | — | $4.6M | $19.4M |
| 2023 | $219K | $3.7M | — | — | $3.6M | $20M |
| 2022 | $4.7M | $4M | — | — | $3.9M | $23.5M |
| 2021 | $15.2M | $2.7M | — | — | $2.6M | $27.1M |
| 2020 | $1.6M | $1.8M | — | — | $1.8M | $13.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Investment income$486,866
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $4.6M to 28 qualified donees — largest 25 shown:
- Bard on the Beach Theatre Society$1.1M
- Arts Umbrella Association$752K
- YWCA British Columbia$571K
- The Vancouver Art Gallery Association$450K
- University of Saskatchewan$316K
- VGH & Ubc Hospital Foundation$250K
- Pacific Ballet British Columbia Society$185K
- Global Civic Policy Society$175K
- The Board of Education of School District No. 64 (Gulf Islands)$165K
- Covenant House Vancouver$150K
- Rick Hansen Foundation$105K
- The Pace Child and Family Society$104K
- Boys and Girls Clubs Foundation of South Coast BC$100K
- British Columbia Centre for Ability Foundation$30K
- British Columbia Sports Hall of Fame and Museum$30K
- Young Adult Cancer Canada Inc.$25K
- Vancouver Sun Children's Fund Society$25K
- Plunge for the Cure Foundation$25K
- The University of British Columbia$10K
- Simon Fraser University$10K
- Jewish Community Centre of Greater Vancouver$10K
- British Columbia Institute of Technology Foundation$10K
- Lady Minto Hospital Foundation$9,300
- University of Massachusetts Amherst$7,018
- Michigan State University$6,963
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jefferson Mooney (president); Suzanne Bolton (secretary); Andrew Mindell (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from April 1 Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 740996293RR0001), or read how we compute the receipt.