Jean IP Foundation
Public foundation · Richmond, British Columbia · BN 771509718RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($435,774) as filed with the CRA.
Jean IP Foundation is a public foundation based in Richmond, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $265K in revenue and $436K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 12% 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 38% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $135K in 2024, the largest being $60K to The Board of Education of School District No. 39 (Vancouver). Revenue has grown substantially over its filings on record here, from $125K in 2020 to $265K in 2024.
In its own words
To relieve povertyby providing food and other basic necessities of life to individuals and families who are in need. To advance education by providing publicly available scholarships bursaries and other forms of financial assistance to individuals for post-seconadary education. To receive gifts bequests funds and property and to hold invest administer and distribute funds and property to such other organizations that are 'qualified donees' under the provisions of the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $265K | $436K | $214K | — | $135K | $5M |
| 2023 | $227K | $174K | $78K | — | $22K | $5.2M |
| 2022 | $199K | $315K | $72K | — | $175K | $5.1M |
| 2021 | $237K | $164K | $26K | — | $70K | $5.2M |
| 2020 | $125K | $201K | $63K | — | $68K | $5.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Receipted donations$32,700
- Investment income$15,986
- Other income$4,847
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 $135K to 6 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$15K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from Jean IP Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 771509718RR0001), or read how we compute the receipt.