The Cressman Foundation
Private foundation · Abbotsford, British Columbia · BN 838611978RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($459,217) as filed with the CRA.
The Cressman Foundation is a private foundation based in Abbotsford, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $453K in revenue and $459K in expenditures.
Its funding that year was roughly 88% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 83% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $455K in 2024, the largest being $400K to Cure International Canada. Its filed list of directors and trustees shows 4 names.
In its own words
GRANTS GIVEN TO CURE INTERNATIONAL CANADA Global Disciples Multiply HIWOT and Hope of Life
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $453K | $459K | — | — | $455K | $537K |
| 2023 | — | $227K | — | — | $227K | $544K |
| 2022 | $442K | $229K | — | — | $216K | $716K |
| 2021 | $608K | $112K | — | — | $110K | $503K |
| 2020 | $0 | $23K | $171 | — | $23K | $7,570 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$400,000
- Investment income$52,702
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 $455K to 5 qualified donees:
- Cure International Canada$400K
- Global Disciples Canada$20K
- Multiply$12K
- Raymond James Canada Foundation$12K
- Hiwot Mentorship Society$11K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
John Weibe (director); Barbara Wiebe (director); Lori Cressman (secretary/director); Duane Cressman (director/president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Cressman Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 838611978RR0001), or read how we compute the receipt.