Kyle Stuart Memorial Foundation
Charitable organization · Okotoks, Alberta · BN 853213742RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($221,274) as filed with the CRA.
Kyle Stuart Memorial Foundation is a charitable organization based in Okotoks, Alberta, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $213K in revenue and $221K in expenditures.
Its funding that year was roughly 5% from donations.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers. Its fundraising cost per donated dollar was higher than 79% of that peer group.
It reported gifts to 2 qualified donees totalling $89K in 2024, the largest being $48K to Ladd Foundation. Revenue has grown substantially over its filings on record here, from $35K in 2020 to $213K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The foundation was established in 2004 to advance education by providing scholarships and bursaries to student athletes of limited means. Training athletes may apply for funding to further their education or to pursue career objectives related to athletic advancement. Donations will also be given to organizations which provide scholarships and bursaries with similar criteria as well as organizations which deliver programs to advance athletic achievement.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $213K | $221K | $123K | $9,567 | $89K | $107K |
| 2023 | $30K | $61K | — | — | $41K | $115K |
| 2022 | $31K | $61K | $16K | — | $41K | $147K |
| 2021 | $23K | $65K | — | — | $41K | $176K |
| 2020 | $35K | $66K | — | — | $41K | $218K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $89K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bruce Stuart (director/pres/secretary/treas); Steven Duckett (director); Shawn Stuart (director/vice president); Brendon Hull (director); Brandon Fagerheim (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kyle Stuart Memorial Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 853213742RR0001), or read how we compute the receipt.