Essential Needs foundation
Private foundation · Vancouver, British Columbia · BN 803575067RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($50,737) as filed with the CRA.
Essential Needs foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $32K in revenue and $51K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 33% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $42K in 2024, the largest being $14K to Veterans Transition Network. Its filed list of directors and trustees shows 4 names.
In its own words
Recieve bequests legacies donations gifts funds and property from all sources and to hold invest administer and distribute such funds and property to such other organizations as are 'qualified donees' under the provisions of the income tax act recieve poverty by providing basic amenities including food clothing and shelter to improverished individuals in bc.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $32K | $51K | — | — | $42K | $918K |
| 2023 | $321K | — | — | — | $52K | $939K |
| 2022 | $42K | $40K | — | — | $34K | $680K |
| 2021 | $150K | $40K | $300 | — | $35K | $675K |
| 2020 | $38K | $38K | $1,000 | — | $31K | $569K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, March 31, 2024
- Investment income$13,774
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 $42K to 9 qualified donees:
- Veterans Transition Network$14K
- Greater Vancouver Food Bank Society$5,000
- The Board of Education of School District No. 39 (Vancouver)$5,000
- Covenant House Vancouver$5,000
- Christ Church Parish Vancouver B.C.$5,000
- Union Gospel Mission$2,000
- Vancouver Public Library Foundation$2,000
- W.i.n.g.s. Fellowship Ministries$2,000
- The Canadian Red Cross Society$1,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Terrance Salman (director/chair); Christine Salman (director/secretary); Tasha Salaman (director); Krista Mackay (director/treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Essential Needs foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 803575067RR0001), or read how we compute the receipt.