Shell and Kay Maude Charitable Foundation
Private foundation · Cochrane, Alberta · BN 770666725RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($90,368) as filed with the CRA.
Shell and Kay Maude Charitable Foundation is a private foundation based in Cochrane, Alberta, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $45K in revenue and $90K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 50% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 97% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $33K in 2023, the largest being $10K to Families for Addiction Recovery. Revenue has declined over its filings on record here, from $135K in 2020 to $45K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
To accumulate funds through endowment gifts to be able to provide a future legacy in support of gifts to qualified donees relieving poverty advancing education and to educate and increase the publics understanding and appreciation of the arts. The only distributions from the foundation will be to other registered charities in support for the above purposes.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $45K | $90K | $44K | — | $88K | $920K |
| 2023 | $18K | $33K | $33K | — | $33K | $916K |
| 2022 | $34K | $38K | $37K | — | $37K | $928K |
| 2021 | $91K | $47K | $46K | — | $46K | $929K |
| 2020 | $135K | $52K | $50K | — | $50K | $880K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $33K to 8 qualified donees:
- Families for Addiction Recovery$10K
- Board of Governors of the Southern Alberta Institute of Technology$9,789
- Cochrane Women's Emergency Shelter Society$5,000
- Cochrane Food Bank Society$5,000
- Rolling Water Foundation$1,000
- The Town of Cochrane Library Board$1,000
- Operation Smile Canada Foundation$500
- Nanaimo-Ladysmith Schools Foundation$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
James Maude (secretary); Kathryn Maude (chair); Brian Maude (director); Jolene Maude (director).
As listed on its 2023 return.
Check the source
Every figure on this page is from Shell and Kay Maude Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 770666725RR0001), or read how we compute the receipt.