Baric Foundation
Private foundation · Coquitlam, British Columbia · BN 827894262RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($112,299) as filed with the CRA.
Baric Foundation is a private foundation based in Coquitlam, British Columbia, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $150K in revenue and $112K in expenditures.
Its funding that year was roughly 23% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $112K in 2024, the largest being $52K to New West Community Baptist Church. Revenue has grown substantially over its filings on record here, from $93K in 2020 to $150K in 2024.
In its own words
To solicit and receive gifts bequests trusts funds and property to hold invest manage and administer funds/property for the purpose of disbursing funds/property in accordance with the provisions of the ita.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $150K | $112K | $124 | — | $112K | $2.7M |
| 2023 | $303K | $99K | $123 | — | $99K | $2.6M |
| 2022 | $171K | $99K | $129 | — | $99K | $2.4M |
| 2021 | $168K | $71K | $286 | — | $71K | $2.4M |
| 2020 | $93K | $66K | $125 | — | $66K | $2.3M |
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$115,912
- Receipted donations$34,040
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 $112K to 8 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Baric Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827894262RR0001), or read how we compute the receipt.