Reed Charitable Foundation
Private foundation · North Vancouver, British Columbia · BN 807699723RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($490,133) as filed with the CRA.
Reed Charitable Foundation is a private foundation based in North Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $717K in revenue and $490K in expenditures.
Its funding that year was roughly 24% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 89% of peers.
As a grantmaker, it reported gifts to 18 qualified donees totalling $490K in 2024, the largest being $223K to PayPal Giving Fund Canada. Revenue has grown substantially over its filings on record here, from $199K in 2020 to $717K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The Foundation made gifts to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $717K | $490K | — | — | $490K | $4.6M |
| 2023 | $608K | $547K | — | — | $546K | $4.3M |
| 2022 | $592K | $562K | — | — | $547K | $4.3M |
| 2021 | $476K | $522K | — | — | $506K | $4.2M |
| 2020 | $199K | $388K | — | — | $372K | $4.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $490K to 18 qualified donees:
- PayPal Giving Fund Canada$223K
- Union Gospel Mission$74K
- Young Life of Canada$50K
- MULTIPLY Network$26K
- Greater Vancouver Youth for Christ$24K
- The Cardus Institute$24K
- Briercrest College and Seminary$24K
- Crossroads Christian Communications Incorporated$18K
- Opportunity International Canada/opportunité Internationale Canada$12K
- Waterloo Mennonite Brethren Church$5,970
- The Great Commission Foundation$3,000
- MSC Canada$2,000
- Camp Crossroads$1,000
- Music Education Charity of Canada$700
- BC Cancer Foundation$500
- Canadahelps Canadon$103
- United Way of Greater Toronto$100
- The Terry Fox Foundation$25
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Geoff Reed (director); Karen Reed (director); Luke Reed (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Reed Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 807699723RR0001), or read how we compute the receipt.