Mountain Terrace Ministries
Private foundation · Maple Ridge, British Columbia · BN 887555860RR0001 · Foundations Advancing Religion · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,218,995) as filed with the CRA.
Mountain Terrace Ministries is a private foundation based in Maple Ridge, British Columbia, classified by the CRA under foundations advancing religion. In its fiscal year ending December 31, 2024, it reported $168K in revenue and $1.2M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
In 2022, 1 other registered charity reported granting it a combined $1.5M.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 72% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2022, the largest being $10K to The Pastorate Ministries Canada. Revenue has grown substantially over its filings on record here, from $10K in 2020 to $168K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
We continue to work with architects and the fraser valley regional district on developing a master site plan for our proposed retreat centre. We are also renovating the existing house on the property.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $168K | $1.2M | $1.2M | — | — | $4.7M |
| 2023 | $144K | $64K | — | — | — | $5.7M |
| 2022 | $401K | $353K | $343K | — | $10K | $3.9M |
| 2021 | $300K | — | — | — | — | $3M |
| 2020 | $10K | $20K | $20K | — | — | $1.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Granted $10K to 1 qualified donee:
Received $1.5M from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jeremy King (director); Kalie Watt (director); Randy Watson (director); Kenneth McAllister (chair); David King (treasurer); Patricia King (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Mountain Terrace Ministries’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 887555860RR0001), or read how we compute the receipt.