The Colin B Glassco Charitable Foundation for Children
Public foundation · Calgary, Alberta · BN 899290241RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,431,049) as filed with the CRA.
The Colin B Glassco Charitable Foundation for Children is a public foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $763K in revenue and $1.4M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 47% from donations, 40% from other charities. In 2024, 27 other registered charities reported granting it a combined $477K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 65% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $41K in 2024, the largest being $20K to Canuck Place Children's Hospice. Revenue has grown substantially over its filings on record here, from $221K in 2020 to $763K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation identifies financially supports and participates in medical and educational projects in canada and overseas
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $763K | $1.4M | $1.3M | — | $41K | $1.2M |
| 2023 | $736K | $2.1M | $2M | — | $36K | $1.8M |
| 2021 | $1.6M | $1.3M | $943K | — | $334K | $4.4M |
| 2020 | $221K | $1M | $906K | — | $97K | $4.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Receipted donations$358,725
- From other charities$302,940
- Other income$47,888
- Investment income$46,001
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $41K to 3 qualified donees:
Received $477K from 27 charities:
- Canadahelps Canadon$81K
- Canadahelps Canadon$81K
- Hamilton Community Foundation$80K
- The Calgary Foundation$53K
- Burlington Community Foundation$32K
- Carthy Foundation$28K
- Canada Gives$20K
- The Donald F. Hunter Charitable Foundation$20K
- Bonnie & Daryl Howard Charitable Foundation$12K
- United Way of Calgary and Area$11K
- Aqueduct Foundation$10K
- The Anderson Brenner Foundation$10K
- The Stone Creek Charitable Foundation$10K
- Toronto Foundation$6,500
- Charitable Gift Funds Canada Foundation$5,000
- CHIMP: Charitable Impact Foundation (Canada)$3,000
- The Lang Family Foundation$2,500
- The Derick Brenninkmeyer Charitable Foundation$2,500
- BenefAction Foundation$2,000
- Lillian and Leroy Page Foundation$1,826
- The Winnipeg Foundation$1,500
- Canadian Online Giving Foundation$1,129
- The Anderson Family Foundation$1,000
- Diane And Daryl Howard Charitable Foundation$500
- United Way Maritimes/Centraide des Maritimes$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Colin B. Glassco (director); Debbie Norman (director); Russell McKinnon (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Colin B Glassco Charitable Foundation for Children’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899290241RR0001), or read how we compute the receipt.