Gordon Lee Gray Foundation
Public foundation · Calgary, Alberta · BN 792848939RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($219,862) as filed with the CRA.
Gordon Lee Gray Foundation is a public foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $146K in revenue and $220K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 25% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $157K in 2024, the largest being $84K to Nepali Children's Education Project. Its filed list of directors and trustees shows 1 name.
In its own words
The purpose of the foundation is to provide gifts to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $146K | $220K | — | — | $157K | $3.5M |
| 2023 | $213K | $106K | — | — | $63K | $3.5M |
| 2022 | $3.3M | $29K | — | — | $2,269 | $3.4M |
| 2021 | $130K | $3,500 | — | — | — | $126K |
| 2020 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Investment income$81,868
- Other income$3,162
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 $157K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bmo Trust Company (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Gordon Lee Gray Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 792848939RR0001), or read how we compute the receipt.