The London Drugs Foundation
Public foundation · Richmond, British Columbia · BN 890276926RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,210,735) as filed with the CRA.
The London Drugs Foundation is a public foundation based in Richmond, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $4M in revenue and $2.2M in expenditures.
Its funding that year was roughly 13% from donations. In 2024, 1 other registered charity reported granting it a combined $686.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 4% of peers. Its fundraising cost per donated dollar was higher than 95% of that peer group.
As a grantmaker, it reported gifts to 69 qualified donees totalling $763K in 2024, the largest being $75K to Vancouver Recital Society. Revenue has grown substantially over its filings on record here, from $693K in 2020 to $4M in 2024. Its filed list of directors and trustees shows 4 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4M | $2.2M | — | $1.4M | $763K | $10.9M |
| 2023 | $3.1M | $2.1M | — | $1.4M | $713K | $9.1M |
| 2022 | $2M | $1.9M | — | $1.3M | $561K | $8.1M |
| 2021 | $3.2M | $123K | — | — | $122K | $8.1M |
| 2020 | $693K | $109K | — | — | $108K | $5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $763K to 69 qualified donees — largest 25 shown:
- Vancouver Recital Society$75K
- Duke University$62K
- The University of British Columbia$55K
- VDC Dance Centre Society$50K
- Vancouver Symphony Society$40K
- PCC Prostate Cancer Centre$40K
- Fraser Institute Foundation$33K
- The Gairdner Foundation$30K
- Thompson Rivers University Foundation$25K
- Royal Roads University$25K
- Emily Carr University of Art and Design Foundation$25K
- Chinese Canadian Museum Society of British Columbia$25K
- Bard on the Beach Theatre Society$25K
- Vancouver Foundation$20K
- Junior Achievement of British Columbia$20K
- Vancouver Police Foundation$20K
- Covenant House Vancouver$18K
- Veterans Transition Network$15K
- Langara College Foundation$15K
- BC Foster Parents Association$15K
- Vancouver Chinatown Foundation for Community Revitalization$11K
- Vancouver Chamber Choir$10K
- Simon Fraser University$10K
- Saanich Community Legacy Foundation$10K
- British Columbia Guide Dog Services$10K
Received $686 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Brandt Louie (chair); Norman Hoff (director); David Bain (director); Clint Mahlman (secretary/tresurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The London Drugs Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890276926RR0001), or read how we compute the receipt.