Korle-Bu Foundation
Public foundation · Langley, British Columbia · BN 859246837RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($603,326) as filed with the CRA.
Korle-Bu Foundation is a public foundation based in Langley, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $541K in revenue and $603K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 77% from donations, 23% from other charities. In 2024, 11 other registered charities reported granting it a combined $837K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 67% of peers. Its fundraising cost per donated dollar was lower than 90% of that peer group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $553K in 2024, the largest being $553K to Excellence in Africa Neuroscience and Health - Canada. Revenue has grown substantially over its filings on record here, from $218K in 2020 to $541K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Fundraising to build awareness about the status of neuroscience health care in ghana and west africa to support educational and medical activities and shipping of donated medical equipment and supplies by canadian volunteers.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $541K | $603K | $19K | $6,798 | $553K | $34K |
| 2023 | $530K | $559K | $24K | $6,178 | $494K | $97K |
| 2022 | $444K | $401K | $18K | $6,322 | $349K | $125K |
| 2021 | $375K | $337K | $50K | $27K | $237K | $51K |
| 2020 | $218K | $204K | $49K | $3,621 | $141K | $13K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $553K to 1 qualified donee:
Received $837K from 11 charities:
- Health Partners International of Canada$522K
- Nicola Wealth Private Giving Foundation$106K
- CHIMP: Charitable Impact Foundation (Canada)$102K
- Rick's Heart Foundation$34K
- Charitable Gift Funds Canada Foundation$30K
- BenefAction Foundation$17K
- Lutheran Church - Canada Financial Ministries$14K
- The John Volken Foundation$10K
- Canadahelps Canadon$1,499
- PayPal Giving Fund Canada$515
- Canadian Online Giving Foundation$50
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Aaron Fedora (director); Jocelyne Lapointe (secretary); Arthur Daniel Moe (director); Marjorie Ratel (president); Amanda Huizing (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Korle-Bu Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 859246837RR0001), or read how we compute the receipt.