The Gordon and Jean Steele Family Foundation
Private foundation · Vernon, British Columbia · BN 827651100RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($40,009) as filed with the CRA.
The Gordon and Jean Steele Family Foundation is a private foundation based in Vernon, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $37K in revenue and $40K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $40K in 2024, the largest being $7,000 to North Okanagan Neurological Association. Revenue has declined over its filings on record here, from $67K in 2020 to $37K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The purpose of the charity is to gift funds earned through investments held by the charity to qualified donees as defined in subsection 149.1(1) of the income tax act. This charity has 6 ongoing charitable 'programs' where the charity makes qualifying disbursements totaling $40 000 for the fiscal year 2024.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $37K | $40K | — | — | $40K | $951K |
| 2023 | -$7,749 | $35K | — | — | $35K | $954K |
| 2022 | $97K | $35K | — | — | $35K | $997K |
| 2021 | -$73K | $40K | — | — | $40K | $935K |
| 2020 | $67K | $32K | — | — | $32K | $1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$30,329
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 $40K to 6 qualified donees:
- North Okanagan Neurological Association$7,000
- Canadian Mental Health Association Vernon and District Branch$7,000
- North Okanagan Youth and Family Services Society$7,000
- People Place Society$7,000
- Kidsport Greater Vernon$7,000
- Kalamalka Starfish Society$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Gordon Steele (trustee); Frances Steele (trustee); Martin Steele (trustee); Keri Steele (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Gordon and Jean Steele Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827651100RR0001), or read how we compute the receipt.