Fernwood Foundation
Private foundation · Vancouver, British Columbia · BN 855883583RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($408,250) as filed with the CRA.
Fernwood 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 $224K in revenue and $408K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 26% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 6% of peers.
As a grantmaker, it reported gifts to 17 qualified donees totalling $144K in 2024, the largest being $50K to British Columbia's Children's Hospital Foundation. Revenue has grown substantially over its filings on record here, from $69K in 2020 to $224K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The fernwood foundation is a charitable foundation established for the purpose of disbursing funds and property to qualified donees. During the year the foundation provided funding to a number of charitable organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $224K | $408K | — | — | $144K | $3.4M |
| 2023 | $1.1M | $5.5M | — | — | $5.4M | $3.3M |
| 2022 | $11M | $4.8M | — | — | $4.6M | $7.7M |
| 2021 | $443K | $782K | — | — | $668K | $1.5M |
| 2020 | $69K | $790K | — | — | $652K | $1.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $144K to 17 qualified donees:
- British Columbia's Children's Hospital Foundation$50K
- Canadian Cancer Society$15K
- BC Cancer Foundation$13K
- Huntsville District Memorial Hospital Foundation$12K
- Lions Gate Hospital Foundation$11K
- The Fraser Institute$10K
- Canadahelps Canadon$5,195
- The Princess Margaret Cancer Foundation$5,100
- Big Sisters of B.C. Lower Mainland$5,000
- Coast Mental Health Foundation$5,000
- Family Services of the North Shore$4,000
- Lake of Bays Marine Museum & Navigation Society$3,000
- Telefilm Canada$2,500
- Hockey Helps the Homeless/hockey Aide les Sans-Abri$2,060
- Sunnybrook Health Sciences Centre Foundation$1,000
- Canuck Place Children's Hospice$500
- North York General Hospital Foundation$250
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Nancy Burke (director); Burke Telfer (director); Bradley Telfer (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fernwood Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 855883583RR0001), or read how we compute the receipt.