McAdams Foundation
Private foundation · Victoria, British Columbia · BN 898016787RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($72,582) as filed with the CRA.
McAdams Foundation is a private foundation based in Victoria, British Columbia, classified by the CRA under organizations relieving poverty. In its fiscal year ending November 30, 2024, it reported $105K in revenue and $73K in expenditures.
Compared with 2,470 poverty-relief 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 10 qualified donees totalling $56K in 2024, the largest being $10K to Help Fill a Dream Foundation of Canada.
In its own words
Purchase of medical equipments supplies and program for children undergoing medical treatment or suffering from disabilities. Donation to other charities serving children with disabilities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $105K | $73K | — | — | $71K | $1.5M |
| 2023 | $83K | $70K | — | — | $69K | $1.5M |
| 2022 | $83K | $62K | — | — | $61K | $1.5M |
| 2021 | $107K | $55K | — | — | $54K | $1.5M |
| 2020 | $82K | $35K | — | — | $34K | $1.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Investment income$104,703
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 $56K to 10 qualified donees:
- Help Fill a Dream Foundation of Canada$10K
- Victoria Community Living Foundation$7,500
- Victoria Therapeutic Riding Association$5,000
- Victoria Hospitals Foundation$5,000
- Take a Hike Youth Mental Health Foundation$5,000
- Island Kids Cancer Association$5,000
- University of Victoria$5,000
- Arthritis Society Canada$5,000
- Zajac Ranch Society$4,000
- Power to Be Adventure Therapy Society$4,000
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from McAdams Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 898016787RR0001), or read how we compute the receipt.