Krogseth Foundation
Private foundation · New Westminster, British Columbia · BN 723644092RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,433,296) as filed with the CRA.
Krogseth Foundation is a private foundation based in New Westminster, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2.6M in revenue and $1.4M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 53% of peers.
As a grantmaker, it reported gifts to 23 qualified donees totalling $1.3M in 2024, the largest being $120K to Lions Gate Hospital Foundation. Revenue has declined over its filings on record here, from $16M in 2020 to $2.6M in 2024. Its filed list of directors and trustees shows 5 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.6M | $1.4M | — | — | $1.3M | $24M |
| 2023 | $5.1M | $1.2M | — | — | $1.1M | $22.9M |
| 2022 | $1.5M | $948K | — | — | $810K | $19M |
| 2021 | $1.8M | $1M | — | — | $865K | $18.5M |
| 2020 | $16M | $673K | — | — | $535K | $17.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.3M to 23 qualified donees:
- Lions Gate Hospital Foundation$120K
- Pacific Salmon Foundation/fondation du Saumon du Pacifique$100K
- YWCA British Columbia$100K
- The Nature Trust of British Columbia$100K
- First United Church Community Ministry Society$100K
- Working Gear Clothing Society$95K
- Change the World Foundation$80K
- Family Services of the North Shore$75K
- Community First Foundation$75K
- Outward Bound Canada$50K
- Ocean Wise Conservation Association$50K
- Northern Lights Wildlife Society$50K
- Greater Vancouver Food Bank Society$50K
- Covenant House Vancouver$50K
- British Columbia's Children's Hospital Foundation$25K
- Union Gospel Mission$25K
- Kamloops Hospice Association$25K
- Four Paws Food Bank Foundation$25K
- Charlford House Society for Women$15K
- A Better Life Foundation$15K
- Marmot Recovery Foundation$10K
- Crisis Prevention Intervention and Information Centre for Northern BC$10K
- Ask Wellness Society$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jeryll Krogseth (director); Jon Krogseth (director); Steven Krogseth (director); Nancy Matheson (director); Lisa Krogseth (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Krogseth Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 723644092RR0001), or read how we compute the receipt.