The Alvin and Mona Libin Foundation
Private foundation · Calgary, Alberta · BN 130009467RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,460,592) as filed with the CRA.
The Alvin and Mona Libin Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $18.6M in revenue and $3.5M in expenditures.
Its funding that year was roughly 27% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% of peers.
As a grantmaker, it reported gifts to 19 qualified donees totalling $3.3M in 2024, the largest being $2M to The Governors of The University of Calgary. Revenue has grown substantially over its filings on record here, from $1.3M in 2020 to $18.6M in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
1. Support programs related to medical research. 2. Support other Calgary/Alberta social cultural and religious organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $18.6M | $3.5M | — | — | $3.3M | $78.8M |
| 2023 | $8.8M | $3M | — | — | $2.9M | $63.7M |
| 2022 | -$4.2M | $2M | — | — | $1.9M | $57.9M |
| 2021 | $10M | $1.8M | — | — | $1.7M | $64M |
| 2020 | $1.3M | $1.7M | — | — | $1.6M | $55.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.3M to 19 qualified donees:
- The Governors of The University of Calgary$2M
- United Way of Calgary and Area$325K
- Calgary Jewish Federation$250K
- Calgary Health Foundation$150K
- The Impact Society for Children & Families in Turmoil$150K
- I Can for Kids Foundation$150K
- The Canadian National Institute For The Blind$100K
- Hazelden Betty Ford Society of Canada$50K
- Canadian Magen David Adom for Israel/Magen David Adom Canadien pour Israel$48K
- Junior Achievement of Southern Alberta$20K
- Dystonia Medical Research Foundation Canada$10K
- Canadian Institute for Advanced Research$10K
- Israel Magen Fund of Canada$10K
- Calgary Beth Tzedec Congregation Society$8,250
- MS Canada SP Canada$5,000
- Calgary Jewish Community Campus Corporation$5,000
- Alberta Children's Hospital Foundation$5,000
- Temple B'Nai Tikvah$1,100
- Project Warmth Society of Alberta$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alvin Libin (chairman and director); Robert Libin (president and director); Eda Libin (vice president and director); Bruce Libin (director); Eldon Smith (director); Nora Lee (director); Louis Libin (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Alvin and Mona Libin Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 130009467RR0001), or read how we compute the receipt.