Power of One Foundation
Private foundation · Calgary, Alberta · BN 816056477RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($366,901) as filed with the CRA.
Power of One Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $278K in revenue and $367K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 51% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $323K in 2024, the largest being $100K to Plan International Canada Inc.. Its filed list of directors and trustees shows 3 names.
In its own words
1the purpose of the trust is to pay out use and apply all or any part of the trust fund from time to time exclusively to organizations which are qualified donees under the income tax act canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $278K | $367K | — | — | $323K | $5.1M |
| 2023 | $156K | $391K | — | — | $347K | $4.7M |
| 2022 | $244K | $291K | — | — | $247K | $4.5M |
| 2021 | $258K | $296K | — | — | $251K | $5.6M |
| 2020 | $312K | $284K | — | — | $241K | $5.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $323K to 7 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Gregory West (trustee); Kathy West (trustee); Gordon Frank West (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Power of One Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 816056477RR0001), or read how we compute the receipt.