Central Okanagan Bursary and Scholarship Society
Public foundation · Kelowna, British Columbia · BN 890604846RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($681,505) as filed with the CRA.
Central Okanagan Bursary and Scholarship Society is a public foundation based in Kelowna, British Columbia, classified by the CRA under support of schools and education. In its fiscal year ending October 31, 2024, it reported $679K in revenue and $682K in expenditures.
Its funding that year was roughly 70% from donations, 16% from other charities. In 2024, 11 other registered charities reported granting it a combined $167K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 66% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group.
As a grantmaker, it reported gifts to 33 qualified donees totalling $512K in 2024, the largest being $236K to The University of British Columbia. Its filed list of directors and trustees shows 7 names.
In its own words
The central okanagan bursary and scholarship society is a nonprofit group of volunteers school counsellors and parents from each school in sd #23. We were incorporated under the bc society act in 1984 as the central okanagan bursary and scholarship society able to hold funds in trust and perpetuity and to issue tax receipts. We accept and administer money from donors such as community or school groups businesses and individuals and each year act as a central body through which graduating grade 12 students can apply for over 583 bursaries and scholarships. Criteria for these awards are set …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $679K | $682K | $0 | $0 | $615K | $1.5M |
| 2023 | $709K | $619K | $51K | — | $492K | $1.5M |
| 2022 | $648K | $598K | $57K | $5,689 | $490K | $1.4M |
| 2021 | $602K | $655K | $75K | $205 | $531K | $1.3M |
| 2020 | $616K | $487K | $63K | $390 | $379K | $1.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $512K to 33 qualified donees — largest 25 shown:
- The University of British Columbia$236K
- Okanagan College$116K
- University of Victoria$40K
- The Governors of the University of Alberta$22K
- The Governors of The University of Calgary$16K
- Queen's University at Kingston$8,850
- The Governing Council of the University of Toronto$8,350
- Capilano University$8,100
- Toronto Metropolitan University$5,250
- University of Guelph$5,200
- Thompson Rivers University$4,537
- Vancouver Island University Foundation$4,425
- Simon Fraser University$4,300
- The University of Western Ontario$4,000
- Mount Royal University$3,000
- Emily Carr University of Art and Design Trust Fund$3,000
- British Columbia Institute of Technology Foundation$2,500
- University of Waterloo$2,000
- Board of Governors of the Southern Alberta Institute of Technology$2,000
- Royal Institution for the Advancement of Learning$2,000
- Brock University$2,000
- Acadia University$2,000
- Selkirk College Foundation$1,500
- Corpus Christi College$1,500
- Memorial University of Newfoundland$1,500
Received $167K from 11 charities:
- Central Okanagan Foundation$106K
- The Calgary Foundation$19K
- Kelowna General Hospital Foundation$18K
- Canadian Online Giving Foundation$6,175
- Nicola Wealth Private Giving Foundation$6,075
- Grace Lutheran Church of West Bank$3,660
- Courage Foundation$3,050
- Peachland Community Arts Council$2,100
- Central Okanagan United Church$2,050
- Strategic Charitable Giving Foundation$860
- Okanagan Mission Community Hall Association$525
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions0
- Total compensation, all staff$37K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Anne Pisatawka (past president); Rick Davidson (director); Debbie Da Silva (treasurer); Lorraine Miller (president); John Logel (director); Tina Pomponio (secretary); Colleen Cowman (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Central Okanagan Bursary and Scholarship Society’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890604846RR0001), or read how we compute the receipt.