The Foundation for Seniors' CARE-Hearts of Excellence
Private foundation · Calgary, Alberta · BN 872875703RR0001 · Supportive Health Care
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($16,154) as filed with the CRA.
The Foundation for Seniors' CARE-Hearts of Excellence is a private foundation based in Calgary, Alberta, classified by the CRA under supportive health care. In its fiscal year ending March 31, 2024, it reported $1,086 in revenue and $16K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 55% from donations.
Compared with 1,620 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $16K in 2024, the largest being $6,000 to Mount Royal University Foundation. Revenue has declined over its filings on record here, from $14K in 2020 to $1,086 in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To support programs and other initiatives that benefit senior citizens individuals receiving hospice/palliative care and individuals with disabilities within calgary and its surrounding communities including but not limited to programs service and other initiatives such as: scholarships and bursaries for students to effectively serve and assist seniors individuals receiving hospice/palliative hospice care and/or individuals with disabilities; development of specialized curriculum and training for students and healthcare workers related to hospice/palliative and seniors care who in need…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1,086 | $16K | — | — | $16K | — |
| 2023 | $2,465 | $5,250 | — | — | $5,250 | $15K |
| 2022 | $450 | $16K | — | — | $16K | $18K |
| 2021 | $2,097 | $15K | — | — | $15K | $33K |
| 2020 | $14K | $22K | — | — | $22K | $46K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $16K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Laurie Paul (director); Monique Vanderveen (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Foundation for Seniors' CARE-Hearts of Excellence’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 872875703RR0001), or read how we compute the receipt.