Bow Valley College
Publicly funded institution · Calgary, Alberta · BN 878431683RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($144,737,883) as filed with the CRA.
Bow Valley College is a charitable organization based in Calgary, Alberta, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending June 30, 2024, it reported $149M in revenue and $144.7M in expenditures.
Its funding that year was roughly 46% from government. In 2024, 21 other registered charities reported granting it a combined $878K.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 31% of peers. Its fundraising cost per donated dollar was higher than 77% of that peer group. Its highest-paid positions fell in the $200,000–249,999 range (5 positions in that band). The charity reported 677 permanent full-time positions.
Its filed list of directors and trustees shows 1 name.
In its own words
Conduct educational programs including academic upgrading english language learning aboriginal upgrading & career programs international education certificate and diploma programs in business administration health justice human services and technologies. Conduct applied research provide essential skills testing and career development services. Provide financial support for students via business bursaries and scholarships.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $149M | $144.7M | $120.6M | $1.3M | — | $205.6M |
| 2023 | $132.8M | $125.8M | $104.7M | $1.1M | — | $195.1M |
| 2022 | $122M | $111.9M | $96.4M | $795K | — | $181.4M |
| 2021 | $116.9M | $10.3M | $88.4M | $824K | — | $187.8M |
| 2020 | $125.1M | $121.3M | $106.5M | $790K | — | $171.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $878K from 21 charities:
- Trico Charitable Foundation$333K
- RBC Foundation$125K
- Fredrickson-McGregor Education Foundation for Licensed Practical Nurses$100K
- United Way of Calgary and Area$69K
- The Calgary Foundation$59K
- Cal Wenzel Family Foundation$50K
- Canadian Online Giving Foundation$27K
- Canada Gives$25K
- The Edmonton Community Foundation Priv Act$25K
- The AIMCo Foundation for Financial Education$15K
- United Way of Calgary and Area$13K
- The Rotary Club of Calgary - Community Service Fund$11K
- Developmental Disabilities Resource Foundation (ddrf)$10K
- Aqueduct Foundation$5,000
- CHIMP: Charitable Impact Foundation (Canada)$3,505
- Jewish Community Foundation of Calgary$2,200
- Harry and Martha Cohen Foundation$2,000
- Na'Amat Canada Inc.$1,000
- Charitable Gift Funds Canada Foundation$1,000
- Abc Benefits Corporation Foundation$1,000
- Canadahelps Canadon$447
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9995 positions
- $160,000–199,9995 positions
- Permanent full-time positions677
- Total compensation, all staff$88.3M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Misheck Mwaba (president and ceo).
As listed on its 2024 return.
Check the source
Every figure on this page is from Bow Valley College’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 878431683RR0001), or read how we compute the receipt.