Loyalty Foundation
Private foundation · West Vancouver, British Columbia · BN 899172803RR0001 · Foundations
Source: T3010 return, FPE 2022-05-12. Split of total expenditures ($681,493) as filed with the CRA.
Loyalty Foundation is a private foundation based in West Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending May 12, 2022, it reported $576K in revenue and $681K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,460 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 82% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 5 qualified donees totalling $675K in 2022, the largest being $225K to Hope and Health For Life Society. Revenue has declined over its filings on record here, from $2.3M in 2020 to $576K in 2022. Its filed list of directors and trustees shows 1 name.
The ledger, 2020–2022
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2022 | $576K | $681K | — | — | $675K | $57.1M |
| 2021 | $1.2M | $870K | — | — | $860K | $57.2M |
| 2020 | $2.3M | $3M | — | — | $3M | $56.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Granted $675K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2022)
Greg Kerfoot (director).
As listed on its 2022 return.
Check the source
Every figure on this page is from Loyalty Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899172803RR0001), or read how we compute the receipt.