Aqueduct Foundation
Public foundation · Vancouver, British Columbia · BN 866087034RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($126,058,719) as filed with the CRA.
Aqueduct Foundation is a public foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $206.1M in revenue and $126.1M in expenditures.
Its funding that year was roughly 55% from donations, 5% from other charities. In 2024, 13 other registered charities reported granting it a combined $7.7M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 54% of peers.
As a grantmaker, it reported gifts to 2,223 qualified donees totalling $113M in 2024, the largest being $10M to The University of British Columbia. Revenue has grown substantially over its filings on record here, from $104.2M in 2020 to $206.1M in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Aqueduct Foundation is an independent cause-neutral foundation with donor advised legacy and charity funds. The Foundation's mission is to facilitate personal philanthropy which it carries out by making grants to Canadian qualified donees non-qualified donees and through a variety of charitable programs such as community based scholarships and ownership of charitable purpose property. The Foundation makes grants and engages in charitable programs across Canada. All Aqueduct funds are subject to a minimum annual disbursement requirement. Aqueduct does not accept unsolicited grant appli…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $206.1M | $126.1M | $84K | — | $112.6M | $1.1B |
| 2023 | $195.4M | $116M | $19K | — | $103.3M | $1B |
| 2022 | $152M | $111.8M | $4,924 | — | $100M | $929.9M |
| 2021 | $371.7M | $79.5M | — | — | $68.8M | $889.7M |
| 2020 | $104.2M | $65.2M | — | — | $56.1M | $597.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $113M to 2,223 qualified donees — largest 25 shown:
- The University of British Columbia$10M
- Cornell University$6.4M
- The Water School$2.9M
- RBJ Schlegel Family Foundation$2.7M
- VGH & Ubc Hospital Foundation$2.3M
- The Governors of ST. Francis Xavier University$2.2M
- BC Cancer Foundation$1.9M
- Lennox and Addington County General Hositpal Foundation$1.9M
- Concordia University-Universite Concordia$1.5M
- Simon Fraser University$1.4M
- BC Parks Foundation$1.3M
- Charitable Gift Funds Canada Foundation$1.2M
- Campfire Circle Autour du Feu$1.2M
- ST. Paul's Foundation of Vancouver$1.1M
- Sinai Health Foundation$1.1M
- Hope Blooms Youth Social Entrepreneurial Ventures Inc.$1.1M
- University of Northern British Columbia$1.1M
- YMCA of Greater Toronto$1M
- The Guthrie Stewart Family Foundation$1M
- University of King's College$1M
- Burnaby Hospital and Community Foundation$1M
- Aciac$955K
- Royal Columbian Hospital Foundation$913K
- Fiera Capital Foundation$821K
- University of Victoria$742K
Received $7.7M from 13 charities:
- The Veritas Foundation/La Fondation Veritas$2.7M
- Hummingbird Foundation$2.5M
- The Guthrie Stewart Family Foundation$1.1M
- The Wilson Foundation la Fondation Wilson$400K
- John Campbell Armstrong Educational Foundation$289K
- Canadahelps Canadon$219K
- Canadahelps Canadon$219K
- Aim for Seva.$100K
- Charitable Gift Funds Canada Foundation$76K
- The Great Potential Foundation$75K
- Destination Church$36K
- Larry And Judy Tanenbaum Family Foundation$15K
- Strategic Charitable Giving Foundation$950
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Terri-Lynn Brown (chair); Lee-Lynn Gan (treasurer); Clifford Lachmansingh (director); Wendy Lai (director); Ian Worland (secretary); Yuko Girard (director); Margaret Mason (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Aqueduct Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 866087034RR0001), or read how we compute the receipt.