H B Gordon Education Foundation
Private foundation · Edmonton, Alberta · BN 816213821RR0001 · Foundations
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($65,000) as filed with the CRA.
H B Gordon Education Foundation is a private foundation based in Edmonton, Alberta, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $38K in revenue and $65K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 67% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $65K in 2024, the largest being $50K to SVP Waterloo Region. Its filed list of directors and trustees shows 3 names.
In its own words
To solicit and receive gifts bequests trusts funds and property and beneficially or as a trustee or agent to hold invest develop mange accumulate and administer funds and property for the purpose of distributing funds and property exclusively to regsitered charities and 'qualified donees' under the provisions of the income tax act and to undertake activities ancillary and incidental to the attainment of the aforementioned charitable purposes
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $38K | $65K | — | — | $65K | $1.2M |
| 2023 | $20K | $60K | — | — | $60K | $1.2M |
| 2022 | $87K | $48K | — | — | $48K | $1.2M |
| 2021 | $28K | $48K | — | — | $48K | $1.3M |
| 2020 | $39K | $46K | — | — | $46K | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, February 28, 2024
- Receipted donations$25,000
- Investment income$12,555
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 $65K to 4 qualified donees:
- SVP Waterloo Region$50K
- ST Mary's General Hospital Foundation Kitchener-Waterloo$5,000
- The Foodbank of Waterloo Region$5,000
- Kitchener Waterloo Community Foundation$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bruce Gordon (director); Hobert Tennant (director); Brian Cryer (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from H B Gordon Education Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 816213821RR0001), or read how we compute the receipt.