Charity BreakdownCanadian charity filings, itemized

Smith Family Foundation

Private foundation · Edmonton, Alberta · BN 759803299RR0001 · Foundations

Every $100 spentSmith Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$80
Management & admin$19
Other$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($773,506) as filed with the CRA.

Smith Family Foundation is a private foundation based in Edmonton, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $967K in revenue and $774K in expenditures.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers.

As a grantmaker, it reported gifts to 72 qualified donees totalling $618K in 2024, the largest being $100K to St.Joseph's - Hospice of London. Revenue has declined over its filings on record here, from $2.5M in 2020 to $967K in 2024. Its filed list of directors and trustees shows 3 names.

In its own words

The charity receives and maintains funds and applies all or part of the principal and interest thereof from time to time to charitable organizations that are also registered charities under the income tax act (canada).

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$967K$774K$618K$7.7M
2023$505K$640K$513K$7.5M
2022$688K$1.1M$966K$7.6M
2021$926K$1.3M$1.1M$8.1M
2020$2.5M$824K$712K$8.4M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$7.7M$7,671,790 in total assets
Given away$618Kto 72 charities
That is8.1%of what it holds
Where the money came from
  • Investment income$154,508

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Michael Smith (director); David Smith (director); Lynne Cram.

As listed on its 2024 return.

Check the source

Every figure on this page is from Smith Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 759803299RR0001), or read how we compute the receipt.