Coast Foundation Society (1974)
Publicly funded institution · Vancouver, British Columbia · BN 118866524RR0001 · Community Resource Organizations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($57,756,850) as filed with the CRA.
Coast Foundation Society (1974) is a charitable organization based in Vancouver, British Columbia, classified by the CRA under community resource organizations. 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 March 31, 2024, it reported $64.5M in revenue and $57.8M in expenditures.
Its funding that year was roughly 87% from government, 5% from other charities. Government funding is the majority of its budget. In 2024, 4 other registered charities reported granting it a combined $3.7M.
Compared with 115 community-service institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 48% of peers. Its fundraising cost per donated dollar was higher than 98% of that peer group. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 414 permanent full-time positions.
Its filed list of directors and trustees shows 1 name.
In its own words
Coast foundation society (1974) provides a variety of community support programs: a. Initiates develops and provides programs/housing and services which promote recovery of mental illness; b. Provides through aquisition conversion and or construction and or managed housing facilities which directly or indirectly benefit people with a mental illness within the province of british columbia; c. Provides housing recreational cultural & employment programs to assist in the rehabilitation of people with a mental illness; d. Co-operate with other organizations having/similar/same objectives of t…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $64.5M | $57.8M | $52M | $1.3M | — | $23.5M |
| 2023 | $53.6M | $51.8M | $46.7M | $1.2M | — | $20.9M |
| 2022 | $47M | $47M | $42.7M | $1.1M | — | $21M |
| 2021 | $46.4M | $44.7M | $40.3M | $1M | — | $20.4M |
| 2020 | $43.1M | $43.5M | $39.4M | $940K | — | $19.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $3.7M from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $200,000–249,9994 positions
- $160,000–199,9995 positions
- Permanent full-time positions414
- Total compensation, all staff$42M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Anil Singh (chair).
As listed on its 2024 return.
Check the source
Every figure on this page is from Coast Foundation Society (1974)’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118866524RR0001), or read how we compute the receipt.