Chartered Professional Accountants' Education Foundation of British Columbia
Public foundation · Vancouver, British Columbia · BN 121932396RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($277,895) as filed with the CRA.
Chartered Professional Accountants' Education Foundation of British Columbia is a public foundation based in Vancouver, British Columbia, classified by the CRA under support of schools and education. In its fiscal year ending March 31, 2024, it reported $768K in revenue and $278K in expenditures.
Its funding that year was roughly 7% from donations. In 2024, 2 other registered charities reported granting it a combined $27K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 12 qualified donees totalling $103K in 2024, the largest being $23K to The University of British Columbia.
In its own words
To enhance the quality and quantity of students entering the cpa profession sponsoring relevant and practical research and stimulating the ongoing educational experience of members and students of the chartered professional accountants of british columbia.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $768K | $278K | $61K | — | $103K | $7.2M |
| 2023 | $3M | $234K | $99K | — | $62K | $6.7M |
| 2022 | $242K | $191K | $71K | — | $90K | $3.9M |
| 2021 | $1M | $192K | $92K | — | $75K | $3.9M |
| 2020 | -$169K | $288K | $172K | — | $89K | $3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, March 31, 2024
- Investment income$690,668
- Receipted donations$47,221
- From other charities$26,604
- Other gifts$3,840
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 $103K to 12 qualified donees:
- The University of British Columbia$23K
- Simon Fraser University$19K
- Langara College Foundation$15K
- Thompson Rivers University Foundation$9,500
- British Columbia Institute of Technology Foundation$8,000
- Kwantlen Polytechnic University Foundation$7,500
- University of Northern British Columbia$6,000
- Camosun College Foundation$4,000
- University of the Fraser Valley Foundation$4,000
- Douglas College Foundation$2,500
- Okanagan College Foundation$2,500
- Vancouver Island University Foundation$2,000
Received $27K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Chartered Professional Accountants' Education Foundation of British Columbia’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 121932396RR0001), or read how we compute the receipt.