Charity BreakdownCanadian charity filings, itemized

Art Gallery of Greater Victoria Foundation

Public foundation · Victoria, British Columbia · BN 888940392RR0001 · Foundations Advancing Education

Your $100, itemizedArt Gallery of Greater Victoria FoundationFiscal year ended March 31, 2024
Gifts to other charities$98
Other$2
TOTAL$100
Registered

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($568,003) as filed with the CRA.

Art Gallery of Greater Victoria Foundation is a public foundation based in Victoria, British Columbia, classified by the CRA under foundations advancing education. In its fiscal year ending March 31, 2024, it reported $2.3M in revenue and $568K in expenditures.

Its funding that year was roughly 42% from donations. In 2024, 2 other registered charities reported granting it a combined $17K.

Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 87% of peers.

As a grantmaker, it reported gifts to 1 qualified donee totalling $558K in 2024, the largest being $558K to Art Gallery of Greater Victoria. Its filed list of directors and trustees shows 8 names.

In its own words

To hold contributed and donated funds for support of the art gallery of greater victoria. To advance the purposes of the art gallery of greater victoria by the provision of funds for the purchase of works of art and other assets and for their operations and maintenance.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$2.3M$568K$558K$9.3M
2023-$122K$501K$492K$7.6M
2022$621K$278K$265K$8.2M
2021$1.6M$273K$264K$7.7M
2020-$236K$345K$336K$6.3M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Public foundation — endowment and payout, March 31, 2024

Held at year end$9.9M$9,891,067 in total assets
Given away$558Kto 1 charity
That is5.6%of what it holds
Where the money came from
  • Investment income$1,308,466
  • Receipted donations$957,316
  • From other charities$13,078
  • Other gifts$2,880

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 $558K to 1 qualified donee:

Received $17K from 2 charities:

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Rick Sousa (vice president); Chuck Burkett (president); Greg Pedersen (treasurer); Chrisopher Lawless (secretary); Gary Leibel (director); Nancy Noble (director); Carol Anne Harper (director); Samir Dhrolia (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Art Gallery of Greater Victoria Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888940392RR0001), or read how we compute the receipt.