Klassen Foundation
Private foundation · Abbotsford, British Columbia · BN 839857232RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($94,282) as filed with the CRA.
Klassen Foundation is a private foundation based in Abbotsford, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $100K in revenue and $94K in expenditures.
Its funding that year was roughly 31% 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 15% of peers. Its fundraising cost per donated dollar was higher than 82% of that peer group.
As a grantmaker, it reported gifts to 3 qualified donees totalling $31K in 2024, the largest being $15K to Sara for Women Society. Revenue has grown substantially over its filings on record here, from $67K in 2020 to $100K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Donations to charities klassen foundation annual golf classic
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $100K | $94K | $24K | $37K | $31K | $21K |
| 2023 | $89K | $68K | $58K | — | $7,500 | $15K |
| 2022 | $79K | $85K | $64K | — | $19K | -$6,358 |
| 2021 | — | $17K | — | — | $17K | — |
| 2020 | $67K | $66K | $24K | — | $40K | -$101 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$30,981
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 $31K to 3 qualified donees:
- Sara for Women Society$15K
- Run for Water Foundation$15K
- Mennonite Educational Institute Society$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lando Klassen (director); Russell Klassen (director); Steve Klassen (co-chair); Gennifer Loewen (secretary); Erin Parkes (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Klassen Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 839857232RR0001), or read how we compute the receipt.