Nicola Family Foundation
Private foundation · Vancouver, British Columbia · BN 734118896RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,111,101) as filed with the CRA.
Nicola Family Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $4.9M in revenue and $2.1M in expenditures.
Its funding that year was roughly 52% from donations. In 2024, 1 other registered charity reported granting it a combined $150K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 71% of peers.
As a grantmaker, it reported gifts to 22 qualified donees totalling $2M in 2024, the largest being $600K to Covenant House Vancouver. Revenue has grown substantially over its filings on record here, from $1.9M in 2020 to $4.9M in 2024.
In its own words
Nicola family foundation supported registered canadian charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.9M | $2.1M | — | — | $2M | $26.3M |
| 2023 | $8.6M | $2.2M | — | — | $2.1M | $23.6M |
| 2022 | $5.5M | $2.2M | — | — | $2.1M | $17.3M |
| 2021 | $4.2M | $1.6M | — | — | $1.5M | $13.9M |
| 2020 | $1.9M | $1.6M | — | — | $1.5M | $11.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2M to 22 qualified donees:
- Covenant House Vancouver$600K
- Nicola Wealth Private Giving Foundation$250K
- Take a Hike Youth Mental Health Foundation$200K
- VGH & Ubc Hospital Foundation$150K
- Canuck Place Children's Hospice$115K
- Sarah McLachlan School of Music Society$100K
- Union Gospel Mission$100K
- International Justice Mission Canada / Mission Internationale de Justice-Canada$100K
- ST. Paul's Foundation of Vancouver$100K
- Arts Umbrella Foundation$46K
- Movember Canada$33K
- Bard on the Beach Theatre Society$25K
- Learning Disabilities Society of Greater Vancouver$25K
- Junior Achievement of British Columbia$25K
- DR. Peter Aids Foundation$25K
- B.C. Social Venture Partners Foundation$25K
- The Board of Education of School District No. 39 (Vancouver)$20K
- Vancouver Police Foundation$15K
- Britannia Support Society$10K
- British Columbia's Children's Hospital Foundation$10K
- Stigma-Free Mental Health Society$10K
- Opportunity International Canada/opportunité Internationale Canada$10K
Received $150K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Nicola Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 734118896RR0001), or read how we compute the receipt.