The Mustard Seed Foundation
Public foundation · Calgary, Alberta · BN 874532518RR0001 · Foundations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($35,378,541) as filed with the CRA.
The Mustard Seed Foundation is a public foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $34.8M in revenue and $35.4M in expenditures.
Its funding that year was roughly 50% from donations, 11% from government, 21% from other charities. In 2024, 195 other registered charities reported granting it a combined $3.7M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $27.5M in 2024, the largest being $27.5M to The Mustard Seed Society. Revenue has grown substantially over its filings on record here, from $22.2M in 2020 to $34.8M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
TMS Foundation is a Christian humanitarian organization that responds compassionately to the needs of the city's less fortunate through mobilizing and working with the church and the community. The Foundation also provides housing for the homeless and/or less fortunate through the subsidized rental units on a rent geared to income basis.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $34.8M | $35.4M | $7.3M | — | $27.5M | $20.9M |
| 2023 | $31.7M | $33.4M | $6.5M | — | $25.7M | $21.5M |
| 2022 | $29.3M | $25.7M | $2.9M | $376K | $19.2M | $23.2M |
| 2021 | $29.3M | $21.5M | $2.5M | $2.4M | $13.4M | $19.6M |
| 2020 | $22.2M | $23.7M | $1.7M | $36K | $18.6M | $11.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $27.5M to 1 qualified donee:
- The Mustard Seed Society$27.5M
Received $3.7M from 195 charities:
- Charitable Gift Funds Canada Foundation$761K
- Canadian Online Giving Foundation$376K
- David and Penny Wilson Family Foundation$325K
- Aqueduct Foundation$287K
- Cidel Foundation$200K
- Blue Sea Philanthropy Inc.$102K
- Cal Wenzel Family Foundation$100K
- Abundance Canada$95K
- The Calgary Foundation$93K
- Canadahelps Canadon$89K
- Canadahelps Canadon$89K
- The Edmonton Community Foundation Priv Act$76K
- Calgary CO-Op Community Foundation$69K
- Henry Gusse Foundation$60K
- RBC Foundation$50K
- BenefAction Foundation$45K
- Raymond James Canada Foundation$44K
- Canadian National Christian Foundation$44K
- The Prosser Charitable Foundation$37K
- United Way of Calgary and Area$30K
- Deo Gratias Foundation$30K
- Sherwood Park Alliance Church Society$29K
- The Foundation Office.ca$28K
- CHIMP: Charitable Impact Foundation (Canada)$27K
- The Leder Charitable Foundation$25K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jeremy Thiessen (chair); Richard Lange (secretary); Jason Krueger (director); Carolyn Scheil (director); Gregg Becker (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Mustard Seed Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 874532518RR0001), or read how we compute the receipt.