Charity BreakdownCanadian charity filings, itemized

Somerset Foundation

Private foundation · Vancouver, British Columbia · BN 871151718RR0001 · Foundations

Your $100, itemizedSomerset FoundationFiscal year ended October 31, 2024
Gifts to other charities$76
Management & admin$24
TOTAL$100
Registered

Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($321,127) as filed with the CRA.

Somerset Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending October 31, 2024, it reported $928K in revenue and $321K 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 31% of peers.

As a grantmaker, it reported gifts to 23 qualified donees totalling $245K in 2024, the largest being $30K to Myriad Canada Foundation. Its filed list of directors and trustees shows 3 names.

In its own words

No specific quantifiable programs - worked towards general objectives of the foundation

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$928K$321K$245K$6.8M
2023$677K$311K$228K$6.2M
2022$461K$392K$320K$5.8M
2021$581K$337K$278K$5.8M
2020-$1.4M$486K$428K$5.5M

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

Money between charities, 2024

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

Directors & trustees (2024)

Peter Mortifee (director); Ann Mortifee (director); Nancy Mortifee (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Somerset Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 871151718RR0001), or read how we compute the receipt.