Russell-Cowie Family Foundation
Private foundation · Calgary, Alberta · BN 746227917RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($41,006) as filed with the CRA.
Russell-Cowie Family 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 $164K in revenue and $41K in expenditures.
Its funding that year was roughly 77% 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 40% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $34K in 2024, the largest being $16K to Tumaini Children's Foundation. Revenue has grown substantially over its filings on record here, from $107K in 2020 to $164K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Giftiing funds to various qualified donees
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $164K | $41K | — | — | $34K | $794K |
| 2023 | $137K | $32K | — | — | $26K | $671K |
| 2022 | $163K | $23K | — | — | $18K | $566K |
| 2021 | $161K | $18K | — | — | $14K | $426K |
| 2020 | $107K | $14K | — | — | $10K | $282K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$126,652
- Investment income$19,377
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $34K to 3 qualified donees:
- Tumaini Children's Foundation$16K
- Mamas for Mamas$13K
- Kidsport Canada$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Donald Cowie (trustee); Varina Russell (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Russell-Cowie Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 746227917RR0001), or read how we compute the receipt.