Cpa Education Foundation
Public foundation · Edmonton, Alberta · BN 119211134RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($2,090,910) as filed with the CRA.
Cpa Education Foundation is a public foundation based in Edmonton, Alberta, classified by the CRA under foundations advancing education. In its fiscal year ending March 31, 2024, it reported $2.3M in revenue and $2.1M in expenditures.
Its funding that year was roughly 7% from other charities. In 2024, 7 other registered charities reported granting it a combined $293K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 34% of peers.
As a grantmaker, it reported gifts to 14 qualified donees totalling $1.2M in 2024, the largest being $332K to The Governors of The University of Calgary. Its filed list of directors and trustees shows 12 names.
In its own words
Provide grants to post secondary institutions to support faculty recruitment & retention support innovations in accounting education and research. - sponsor networking events for post secondary accounting students to learn about the accounting profession develop job leads and hear from other cpas about the benefits of a designation. - grant student and teaching awards.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $2.1M | $433K | — | $1.2M | $8.6M |
| 2023 | $4M | $2M | $327K | — | $1.3M | $8.3M |
| 2022 | $2M | $2.1M | $356K | — | $1.4M | $6.3M |
| 2021 | $2.3M | $1.8M | $668K | — | $1.1M | $6.5M |
| 2020 | $1.7M | $1.9M | $821K | — | $989K | $6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.2M to 14 qualified donees:
- The Governors of The University of Calgary$332K
- The Governors of the University of Alberta$227K
- The University of Lethbridge$141K
- Athabasca University$96K
- Mount Royal University$81K
- Board of Governors of the Southern Alberta Institute of Technology$81K
- Northern Alberta Institute of Technology$81K
- The Board of Governors of Grant MacEwan University$80K
- The Norquest College Foundation$20K
- Medicine Hat College$20K
- Keyano College$19K
- Lethbridge Polytechnic$18K
- University of Saskatchewan$3,250
- Mount Royal University Foundation$2,500
Received $293K from 7 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Burnyeat (chair); Curtis Palichuk (vice chair); Leonard Samletzki (secretary-treasurer); David Amona (governor); Robyn Eeson (governor); Ryan Gubic (governor); Joshua Letendre (governor); Janine Rogan (governor); Sophia Shaikh (governor); Shan Tariq (governor); Chioma Ufodike (governor); Rachel Miller (executive director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Cpa Education Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119211134RR0001), or read how we compute the receipt.