Charis Good News Foundation
Private foundation · Burnaby, British Columbia · BN 828678292RR0001 · Foundations
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($94,696) as filed with the CRA.
Charis Good News Foundation is a private foundation based in Burnaby, British Columbia, classified by the CRA under foundations. In its fiscal year ending September 30, 2024, it reported $284K in revenue and $95K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 70% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $91K in 2024, the largest being $50K to Regent College. Its filed list of directors and trustees shows 3 names.
In its own words
To fund charitable organizations in canada
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $284K | $95K | — | — | $91K | $915K |
| 2023 | $75K | $88K | — | — | $85K | $726K |
| 2022 | -$14K | $107K | — | — | $100K | $739K |
| 2021 | -$165K | $164K | — | — | $162K | $859K |
| 2020 | $374K | $145K | — | — | $143K | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, September 30, 2024
- Other income$306,026
- Receipted donations$10,750
- Investment income$661
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 $91K to 8 qualified donees:
- Regent College$50K
- Ambrose University$10K
- Vancouver Korean Presbyterian Church$10K
- Canadahelps Canadon$5,000
- Canadahelps Canadon$5,000
- Institute for Marketplace Transformation$5,000
- Every Nation Vancouver$5,000
- Cadence Cares Foundation$1,096
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Dave Sayson (director); Barry Jung (director); Sandy Kim (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Charis Good News Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 828678292RR0001), or read how we compute the receipt.