Spence Family Foundation
Private foundation · Surrey, British Columbia · BN 852510668RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($445,749) as filed with the CRA.
Spence Family Foundation is a private foundation based in Surrey, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $344K in revenue and $446K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 76% 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 61% of peers.
As a grantmaker, it reported gifts to 17 qualified donees totalling $413K in 2024, the largest being $220K to Surrey Fire Fighters Charitable Society. Revenue has declined over its filings on record here, from $1.1M in 2020 to $344K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The foundation makes donations to qualified registered charities as defined by canada revenue agency. The foundation's focus is to make donations to charities that serve children and are not one of the 'bi' registered charities with the exception of the surrey hospital foundation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $344K | $446K | — | — | $413K | $2.6M |
| 2023 | $832K | $335K | — | — | $316K | $2.7M |
| 2022 | $431K | $231K | — | — | $213K | $2.2M |
| 2021 | $461K | $493K | — | — | $477K | $2M |
| 2020 | $1.1M | $457K | — | — | $445K | $2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $413K to 17 qualified donees:
- Surrey Fire Fighters Charitable Society$220K
- Peace Arch Hospital and Community Health Foundation$105K
- Summerland Rotary Charitable Trust Fund$25K
- Abraham's Lodge and CARE Society$15K
- The Cmolik Foundation$14K
- The Dugout Drop-In Centre Society$5,000
- Nanaimo Travellers Lodge Society$5,000
- Alzheimer Society of B.C.$4,000
- African Canadian Continuing Education Society$4,000
- Union Gospel Mission$3,000
- Surrey Food Bank Society$3,000
- Looking Glass Foundation for Eating Disorders$3,000
- Surrey-North Delta Meals on Wheels$2,000
- Knowledge Network Corporation$2,000
- South Okanagan Women in Need Society$1,000
- South Surrey Independent School Society$1,000
- Nanaimo Community Foundation$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Dennis Spence (director); Barry Spence (director); Andrew Young (director); Bill Wong (director); Susan Balzer.
As listed on its 2024 return.
Check the source
Every figure on this page is from Spence Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 852510668RR0001), or read how we compute the receipt.