David Spencer Endowment Encouragement Fund (2013)
Public foundation · Vancouver, British Columbia · BN 807873047RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,212,473) as filed with the CRA.
David Spencer Endowment Encouragement Fund (2013) is a public foundation based in Vancouver, British Columbia, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $3.3M in revenue and $1.2M in expenditures.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 66% 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 5 qualified donees totalling $1.1M in 2024, the largest being $301K to The University of British Columbia. Revenue has grown substantially over its filings on record here, from $646K in 2020 to $3.3M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
The david spencer endowment encouragement fund (dseef) is committed to providing capital endowments to qualified donees with a focus on providing on- going financial support to promote the development of the musical arts and individuals. Dseef has a special interest in opera and the development of voice.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.3M | $1.2M | — | — | $1.1M | $26M |
| 2023 | $1.5M | $1.2M | — | — | $1.1M | $23.1M |
| 2022 | $907K | $822K | — | — | $715K | $21.5M |
| 2021 | $1M | $767K | — | — | $650K | $23.4M |
| 2020 | $646K | $692K | — | — | $600K | $19.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.1M to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
John Horning (trustee); Lynn Waterman (trustee); Margaret Mason (trustee); Michael Schaab (trustee); Xenia Kritsos (trustee); Trudy Chalmers (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from David Spencer Endowment Encouragement Fund (2013)’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 807873047RR0001), or read how we compute the receipt.