Falcon Foundation
Private foundation · Kelowna, British Columbia · BN 821254547RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($7,333,220) as filed with the CRA.
Falcon Foundation is a private foundation based in Kelowna, British Columbia, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $6.7M in revenue and $7.3M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 71% of peers.
As a grantmaker, it reported gifts to 85 qualified donees totalling $4.9M in 2022, the largest being $429K to Canucks Autism Network Society. Its filed list of directors and trustees shows 3 names.
In its own words
To receive gifts bequests funds and property and to hold invest administer and disribute funds and property for the purposes of the foundation for such other organizations as are 'qualified donees' under the provisions of the income tax act and for such other purposes and activities as are authorized for registered charities under the provisions of the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $6.7M | $7.3M | — | — | $7M | $94.6M |
| 2023 | $6.5M | $5.3M | — | — | $5M | $95.3M |
| 2022 | $6M | $4.8M | — | — | $4.5M | $94.1M |
| 2021 | $5.6M | $3.4M | — | — | $3.1M | $92.9M |
| 2020 | $5.8M | $3.1M | — | — | $2.8M | $90.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Granted $4.9M to 85 qualified donees — largest 25 shown:
- Canucks Autism Network Society$429K
- Young Life of Canada$400K
- YMCA of Southern Interior BC Association$374K
- Okanagan Boys and Girls Clubs$305K
- The University of British Columbia$285K
- British Columbia's Children's Hospital Foundation$285K
- Kelowna General Hospital Foundation$205K
- Karis Support Society$120K
- The Terry Fox Foundation$105K
- Okanagan College Foundation$103K
- VGH & Ubc Hospital Foundation$100K
- New Opportunities for Women (now) Canada Society$100K
- Mary's Meals Canada$100K
- Central Okanagan Search & Rescue Society$83K
- Mamas for Mamas$83K
- The Bridge Youth & Family Services Society$78K
- Alder Foundation$77K
- Kelowna Trinity Baptist Church$75K
- Kids Help Phone / Jeunesse J' Ecoute$75K
- Hope International Development Agency$75K
- Thompson Rivers University$70K
- Patrons of the Arts for the Vatican Museums Inc.$70K
- Central Okanagan Community Foodbank Society$70K
- The British Columbia Lions Society for Children with Disabilites$66K
- Community Recreational Initiatives Society$63K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Mark Stober (director); Kenneth Stober (director); Carolyn Stober (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Falcon Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 821254547RR0001), or read how we compute the receipt.