Liber Ero Foundation
Private foundation · Vancouver, British Columbia · BN 798890299RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,007,686) as filed with the CRA.
Liber Ero Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $4.4M in revenue and $5M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 88% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $4.9M in 2024, the largest being $4M to The Nature Trust of British Columbia. Its filed list of directors and trustees shows 3 names.
In its own words
Private foundation established to advance education by providing two-year post-doctoral fellowships along with financial assistance to qualified scholars in conservation biology. The foundation receives administers and distributed funds and property to qualified donees as defined by the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.4M | $5M | — | — | $4.9M | $22.4M |
| 2023 | $1.1M | $1.1M | — | — | $1.1M | $23M |
| 2022 | $5.2M | $683K | — | — | $624K | $23M |
| 2021 | $2.4M | $703K | — | — | $653K | $18.5M |
| 2020 | $3.4M | $733K | — | — | $740K | $16.8M |
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$1,978,548
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 $4.9M to 9 qualified donees:
- The Nature Trust of British Columbia$4M
- The University of British Columbia$305K
- University of Toronto Schools$163K
- Carleton University$120K
- ST Lawrence River Institute of Environmental Sciences/l'institut des Sciences Environmentales du Fleuve Saint-Laurent$105K
- University of Victoria$105K
- University of Guelph$90K
- Dalhousie University$43K
- The Governors of The University of Calgary$15K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Richard Bradshaw (director); Valerie Bradshaw (director); Sarah Otto (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Liber Ero Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 798890299RR0001), or read how we compute the receipt.