James B. Wallace Foundation
Private foundation · Surrey, British Columbia · BN 886474592RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($92,373) as filed with the CRA.
James B. Wallace Foundation is a private foundation based in Surrey, British Columbia, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $98K in revenue and $92K 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 18% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $60K in 2024, the largest being $15K to Wounded Warriors Canada. Revenue has grown substantially over its filings on record here, from $63K in 2020 to $98K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Disbursement of funds 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 | $98K | $92K | — | — | $60K | $1M |
| 2023 | $97K | $91K | — | — | $65K | $1M |
| 2022 | $52K | $71K | — | — | $45K | $1M |
| 2021 | $77K | $74K | — | — | $48K | $1M |
| 2020 | $63K | $53K | — | — | $37K | $1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $60K to 4 qualified donees:
- Wounded Warriors Canada$15K
- Sources Community Resources Foundation$15K
- Covenant House Vancouver$15K
- Peace Arch Hospital and Community Health Foundation$15K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Susan Loken (director); Kevin Loken (director); Sarah Loken (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from James B. Wallace Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886474592RR0001), or read how we compute the receipt.