Lundin Global Initiatives Foundation
Public foundation · Vancouver, British Columbia · BN 810625947RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,149,246) as filed with the CRA.
Lundin Global Initiatives Foundation is a public foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $17K in revenue and $1.1M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 2% of peers.
Revenue has declined over its filings on record here, from $847K in 2020 to $17K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Provide financing and makes equity investments to businesses and entrepreneurs with innovative solutions to pressing social and environmental challenges to relieve poverty in developing nations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $17K | $1.1M | $34K | — | — | $3.9M |
| 2023 | $103K | $258K | $18K | — | — | $5.1M |
| 2022 | $1M | $291K | $229K | — | — | $5.2M |
| 2021 | $2.9M | $1.3M | $996K | — | — | $4.7M |
| 2020 | $847K | $1.4M | $694K | — | — | $3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
- Total compensation, all staff$174K
Schedule 3 of its 2021 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Paul Conibear (director); Erin Johnston (director); Adam Lundin (director); Ron Hochstein (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lundin Global Initiatives Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 810625947RR0001), or read how we compute the receipt.