Charity BreakdownCanadian charity filings, itemized

Educationmatters

Public foundation · Calgary, Alberta · BN 898887005RR0001 · Foundations Advancing Education · website

Your $100, itemizedEducationmattersFiscal year ended December 31, 2024
Gifts to other charities$66
Charitable programs$17
Management & admin$12
Fundraising$5
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,979,082) as filed with the CRA.

Educationmatters is a public foundation based in Calgary, Alberta, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $5.1M in revenue and $3M in expenditures.

Its funding that year was roughly 39% from donations, 30% from other charities. In 2024, 28 other registered charities reported granting it a combined $2.5M.

Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 99% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 3 permanent full-time positions.

As a grantmaker, it reported gifts to 28 qualified donees totalling $3M in 2024, the largest being $2.2M to Calgary Board of Education. Revenue has grown substantially over its filings on record here, from $3.2M in 2020 to $5.1M in 2024.

In its own words

Advance and enhance public education in the city of calgary by providing grants to qualified donees involved in public education. The principal donee is the calgary board of education

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$5.1M$3M$780K$225K$3M$12.7M
2023$4.9M$1.8M$813K$243K$1.8M$11.3M
2022$2.6M$3.3M$837K$245K$2.5M$9.1M
2021$3.3M$2.1M$72K$169K$1.2M$9.8M
2020$3.2M$2.3M$89K$146K$1.5M$8.6M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Public foundation — endowment and payout, December 31, 2024

Held at year end$13M$13,031,450 in total assets
Given away$3Mto 28 charities
That is22.9%of what it holds
Where the money came from
  • Receipted donations$1,889,725
  • From other charities$1,534,271
  • Investment income$1,049,739
  • Other income$510,000
  • Other gifts$84,697

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 $3M to 28 qualified donees — largest 25 shown:

Full grant ledger — all 28 grants

Received $2.5M from 28 charities:

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

Its ten highest-paid positions, by band:

  • $80,000–119,9991 position
  • $40,000–79,9992 positions
  • Permanent full-time positions3
  • Total compensation, all staff$512K

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Check the source

Every figure on this page is from Educationmatters’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 898887005RR0001), or read how we compute the receipt.