The Community Opportunity Foundation of Alberta
Public foundation · Calgary, Alberta · BN 886614122RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($98,404) as filed with the CRA.
The Community Opportunity Foundation of Alberta is a public foundation based in Calgary, Alberta, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $239K in revenue and $98K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 39% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 9 qualified donees totalling $76K in 2024, the largest being $10K to Looking at the Stars Foundation. Revenue has grown substantially over its filings on record here, from $20K in 2020 to $239K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The community opportunity foundation of alberta 'the 'foundation') was established to undertake activities to advance education and religion in canada with a particular focus on health wellness spiritual growth and awareness as well as undertaking activities to relieve poverty in community through the provision of donations to appropriate charities and educational institutions.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $239K | $98K | — | — | $76K | $1.7M |
| 2023 | $117K | $862K | — | — | $100K | $1.5M |
| 2022 | $87K | $285K | — | — | $89K | $2.3M |
| 2021 | $386K | $135K | — | — | $112K | $2.5M |
| 2020 | $20K | $67K | — | — | $52K | $2.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Other income$172,327
- Investment income$66,514
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 $76K to 9 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Robert Hagerman (secretary); Eric Hobson (vice president); Robert McKenzie (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Community Opportunity Foundation of Alberta’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886614122RR0001), or read how we compute the receipt.