Clifford and Louise Lougheed Scholarship Foundation
Private foundation · Nanton, Alberta · BN 886267798RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($36,280) as filed with the CRA.
Clifford and Louise Lougheed Scholarship Foundation is a private foundation based in Nanton, Alberta, classified by the CRA under support of schools and education. In its fiscal year ending September 30, 2024, it reported $32K in revenue and $36K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 16% from donations.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 54% of peers.
Revenue has grown substantially over its filings on record here, from $20K in 2020 to $32K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Approval and payment of scholarships to deserving people in nanton ab and surrounding area.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $32K | $36K | $34K | — | — | $792K |
| 2023 | $27K | $43K | $41K | — | — | $796K |
| 2022 | $12K | $44K | $42K | — | — | $813K |
| 2021 | $5,928 | $34K | $32K | — | — | $845K |
| 2020 | $20K | $34K | $31K | — | — | $869K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Tricia Waddell (director); Brenda Southgate (secretary); Amy Gillespie (president); Rachel Herbert (director); Clayton Gillespie (treasurer); Brad Wickett (director); Shannon Sheldon (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Clifford and Louise Lougheed Scholarship Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886267798RR0001), or read how we compute the receipt.