The Belmont Foundation
Private foundation · Vancouver, British Columbia · BN 853706356RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($130,759) as filed with the CRA.
The Belmont Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $9,062 in revenue and $131K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 24% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $95K in 2024, the largest being $50K to Lions Gate Hospital Foundation. Revenue has declined over its filings on record here, from $1.4M in 2020 to $9,062 in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The objectives of the foundation are to raise funds invest such funds and use the income therefrom including capital gains to make disbursements to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9,062 | $131K | — | — | $95K | $2.2M |
| 2023 | -$917K | $171K | — | — | $135K | $2.4M |
| 2022 | -$1.1M | $198K | — | — | $164K | $3.8M |
| 2021 | $315K | $187K | — | — | $153K | $4.7M |
| 2020 | $1.4M | $114K | — | — | $101K | $4.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $95K to 8 qualified donees:
- Lions Gate Hospital Foundation$50K
- Project Literacy Central Okanagan Society$10K
- Athletics for Kids Financial Assistance (b.c.) Society$10K
- Amyotrophic Lateral Sclerosis Society of British Columbia$10K
- Kay Meek Arts Society$5,000
- Covenant House Vancouver$5,000
- Sarah McLachlan School of Music Society$5,000
- Vancouver Poppy Fund Committee$100
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$15K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Maureen Macneill (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Belmont Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 853706356RR0001), or read how we compute the receipt.