Figment Foundation
Public foundation · Richmond, British Columbia · BN 893038968RR0001 · Foundations
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($323,019) as filed with the CRA.
Figment Foundation is a public foundation based in Richmond, British Columbia, classified by the CRA under foundations. In its fiscal year ending August 31, 2024, it reported $341K in revenue and $323K in expenditures.
Its funding that year was roughly 50% 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 65% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $305K in 2024, the largest being $255K to The Uganda Partnership Association for Sustainable Development Through Participatory Research. Revenue has grown substantially over its filings on record here, from $127K in 2020 to $341K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To fund educational programs that benefit the community as a whole.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $341K | $323K | — | — | $305K | $1.6M |
| 2023 | $299K | $166K | — | — | $156K | $1.6M |
| 2022 | $423K | $180K | $11K | — | $170K | $1.5M |
| 2021 | $154K | $109K | — | — | $109K | $1.2M |
| 2020 | $127K | $82K | — | — | $82K | $1.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, August 31, 2024
- Investment income$171,128
- Receipted donations$170,264
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 $305K to 3 qualified donees:
- The Uganda Partnership Association for Sustainable Development Through Participatory Research$255K
- The Parish of ST. Anne's-Steveston$30K
- The University of Auckland$20K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Merle McKee (treasurer); James Greatbanks (president); Lester Braaten (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Figment Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 893038968RR0001), or read how we compute the receipt.