North Island College Foundation Trust Fund
Public foundation · Courtenay, British Columbia · BN 890505043RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,028,629) as filed with the CRA.
North Island College Foundation Trust Fund is a public foundation based in Courtenay, British Columbia, classified by the CRA under support of schools and education. In its fiscal year ending March 31, 2024, it reported $1.7M in revenue and $1M in expenditures.
Its funding that year was roughly 53% from donations. In 2024, 12 other registered charities reported granting it a combined $246K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 82% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $994K in 2024, the largest being $994K to North Island College. Its filed list of directors and trustees shows 11 names.
In its own words
Through the foundation individuals and organizations are encouraged to provide financial gifts to enhance north island college's programs and services by increasing scholarship and bursary funds and imrpoving quality of classrooms labs libraries and other facilities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $1M | $815K | — | $179K | $7.4M |
| 2023 | $762K | $855K | — | — | $822K | $6.8M |
| 2022 | $1.6M | $856K | — | — | $818K | $6.9M |
| 2021 | $1.3M | $900K | — | — | $771K | $6.1M |
| 2020 | $1.2M | $1.6M | — | — | $1.6M | $5.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $994K to 1 qualified donee:
- North Island College$994K
Received $246K from 12 charities:
- Comox Valley Community Foundation$77K
- Vancouver Foundation$58K
- The Jarislowsky Foundation/la Fondation Jarislowsky$50K
- Doane Grant Thornton Foundation$20K
- Canadahelps Canadon$13K
- The Victoria Foundation$9,695
- North Island College$6,530
- Aqueduct Foundation$6,500
- The Hamber Foundation$1,825
- The North West Ceramic Foundation$1,000
- Credit Union Foundation of British Columbia$1,000
- The Alberni Valley Community Foundation$896
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Sandra Harrison (chair); Colleen Sawyer (vice chair); Donna Cloutier (treasurer); Dianne Hawkins (director); Nicole Deters (director); Shannon Baikie (secretary); Mary Ruth Snyder (director); Helena Friesen (director); Colin Fowler (nic representative); Shane Landreville (director); Christine Dickinson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from North Island College Foundation Trust Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890505043RR0001), or read how we compute the receipt.