Lily Street Foundation
Private foundation · Calgary, Alberta · BN 868096744RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($5,414,654) as filed with the CRA.
Lily Street Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $14.2M in revenue and $5.4M in expenditures.
Its funding that year was roughly 28% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 95% of peers.
As a grantmaker, it reported gifts to 64 qualified donees totalling $5.4M in 2024, the largest being $2M to University of Saskatchewan. Revenue has grown substantially over its filings on record here, from $9.2M in 2020 to $14.2M in 2024.
In its own words
To disburse funds and property to qualified donees as defined under the income tax act and/or to advance education through th provision of scholarships.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $14.2M | $5.4M | — | — | $5.4M | $58.4M |
| 2023 | $9.2M | $5.3M | — | — | $5.3M | $49.5M |
| 2022 | $1.7M | $7M | — | — | $7M | $45.6M |
| 2021 | $13.2M | $9.1M | — | — | $9.1M | $50.9M |
| 2020 | $9.2M | $6.2M | — | — | $6.2M | $46.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $5.4M to 64 qualified donees — largest 25 shown:
- University of Saskatchewan$2M
- Saskatchewan Polytechnic$500K
- Mayo Clinic$277K
- YWCA Saskatoon Inc.$250K
- United Way of Regina$250K
- United Way of Saskatoon and Area$250K
- United Way of Calgary and Area$250K
- Saskatchewan Polytechnic$250K
- Globe Theatre Society$120K
- University of Saskatchewan$100K
- The Governing Council of the Salvation Army in Canada/conseil de Direction de l'Armée du Salut du Canada$100K
- Saskatoon Food Bank Incorporated$100K
- Regina & District Food Bank Inc.$100K
- Daily Bread Food Bank$100K
- Faith Food Bank Society$100K
- Saskatchewan Polytechnic$75K
- The Waskesiu Foundation Inc.$50K
- The Calgary Between Friends Club-Fun and Fellowship for Disabled Youth$50K
- Saskatoon Food Bank Incorporated$50K
- Kids Cancer CARE Foundation of Alberta$50K
- Hospitals of Regina Foundation Inc.$50K
- Cancer Foundation of Saskatchewan Inc.$50K
- British Columbia's Children's Hospital Foundation$50K
- National Arts Centre Foundation/fondation Centre National des Arts$25K
- City of Prince Albert - E.a Rawlinson Centre for the Arts$25K
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Lily Street Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 868096744RR0001), or read how we compute the receipt.