The 625 Powell Street Foundation
Private foundation · Burnaby, British Columbia · BN 830626016RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($29,579,366) as filed with the CRA.
The 625 Powell Street Foundation is a private foundation based in Burnaby, British Columbia, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $11.8M in revenue and $29.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 68% of peers.
As a grantmaker, it reported gifts to 14 qualified donees totalling $27.8M in 2024, the largest being $8M to Union Gospel Mission. Revenue has declined over its filings on record here, from $88.7M in 2020 to $11.8M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To provide grants and other financial support to 'qualified donees' (as defined in income tax act (canada)) including those that are engaged in the research and prevention of hiv/aids
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11.8M | $29.6M | $4,845 | — | $27.8M | $264.7M |
| 2023 | $12.5M | $12.9M | $7,686 | — | $11.3M | $282.4M |
| 2022 | $37.8M | $15.5M | $4,940 | — | $13.5M | $282.8M |
| 2021 | $179.2M | $10.6M | $11K | — | $10M | $260.5M |
| 2020 | $88.7M | $4.9M | $16K | — | $4.7M | $91.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $27.8M to 14 qualified donees:
- Union Gospel Mission$8M
- ST. Paul's Foundation of Vancouver$5.1M
- YWCA British Columbia$3.9M
- Delancey Street Vancouver Association$3.4M
- First United Church Community Ministry Society$2.5M
- Big Brothers of Greater Vancouver Foundation$1.8M
- West Coast Railway Association$1.2M
- Lady Minto Hospital Foundation$1M
- Covenant House Vancouver$500K
- Gabriola Housing Society$210K
- The Kettle Friendship Society$128K
- Dudes Club Society$110K
- The Bloom Group Community Services Society$48K
- Kilala Lelum Health and Wellness Cooperative$40K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Stanley Chan (director); Margaret Hope (director); Donald Mackenzie (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The 625 Powell Street Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 830626016RR0001), or read how we compute the receipt.