John and Freda Cole Memorial Trust Fund
Private foundation · Vancouver, British Columbia · BN 863529954RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($77,008) as filed with the CRA.
John and Freda Cole Memorial Trust Fund 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 $47K in revenue and $77K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 24% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $55K in 2024, the largest being $28K to Children's Health Foundation of Vancouver Island. Its filed list of directors and trustees shows 1 name.
In its own words
To distribute 50% income to easter seal society and 50% income to queen alexandra centre for children's health (formerly known as arbutus society for children)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $47K | $77K | — | — | $55K | $659K |
| 2023 | $42K | $56K | — | — | $34K | $690K |
| 2022 | $68K | $21K | — | — | — | $704K |
| 2021 | $42K | $60K | — | — | $38K | $657K |
| 2020 | $44K | $60K | — | — | $3,900 | $674K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$33,051
- Other income$523
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 $55K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
The Canada Trust Company (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from John and Freda Cole Memorial Trust Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 863529954RR0001), or read how we compute the receipt.