IDEA Family Foundation
Private foundation · Vancouver, British Columbia · BN 837464064RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($35,167) as filed with the CRA.
IDEA Family Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $71K in revenue and $35K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $20K in 2024, the largest being $10K to Jewish Family Services Agency of Vancouver. Its filed list of directors and trustees shows 5 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $71K | $35K | — | — | $20K | $1M |
| 2023 | $30K | $41K | — | — | $28K | $989K |
| 2022 | $34K | $78K | — | — | $64K | $999K |
| 2021 | $158K | $70K | — | — | $56K | $1M |
| 2020 | -$13K | $68K | — | — | $47K | $954K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $20K to 8 qualified donees:
- Jewish Family Services Agency of Vancouver$10K
- Red Fox Healthy Living Society$2,000
- The Downtown Eastside Women's Centre Association$2,000
- The Singh Foundation$2,000
- Yvr Art Foundation$1,000
- Aunt Leah's Independent Lifeskills Society$1,000
- M.O.S.A.I.C. Multi-Lingual Orientation Service Association for Immigrant Communities$1,000
- Senior Animals in Need Today Society$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ian Penn (director); Sandra Penn (director); Daniel Penn (director); Elisa Penn (director); Isaac Penn (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from IDEA Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 837464064RR0001), or read how we compute the receipt.