The River Foundation
Private foundation · Vancouver, British Columbia · BN 847508611RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,622,827) as filed with the CRA.
The River Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.7M in revenue and $1.6M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 42% of peers.
As a grantmaker, it reported gifts to 21 qualified donees totalling $1.4M in 2024, the largest being $220K to University of Saskatchewan. Revenue has grown substantially over its filings on record here, from $680K in 2020 to $1.7M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Evaluate and identify qualified donees for purposes of making gifts whose programs include the relief of poverty. Education and benefit for children.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $1.6M | — | — | $1.4M | $23.1M |
| 2023 | $583K | $1.6M | — | — | $1.4M | $23M |
| 2022 | $1.6M | $1.3M | — | — | $1M | $24.1M |
| 2021 | $1.2M | $1.2M | — | — | $920K | $23.8M |
| 2020 | $680K | $1.1M | — | — | $811K | $23.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.4M to 21 qualified donees:
- University of Saskatchewan$220K
- British Columbia's Children's Hospital Foundation$220K
- Canuck Place Children's Hospice$190K
- Family Services of the North Shore$190K
- British Columbia Guide Dog Services$104K
- British Columbia Society for the Prevention of Cruelty to Animals$100K
- BabyGoRound Helping Families Society$50K
- British Columbia Professional Fire Fighters' Burn Fund$35K
- The Arts Club of Vancouver Theatre Society$30K
- Lions Gate Hospital Foundation$30K
- Vancouver Symphony Society$28K
- Vancouver Rape Relief Society$25K
- Big Sisters of B.C. Lower Mainland$24K
- VGH & Ubc Hospital Foundation$22K
- Parkinson Society British Columbia$15K
- Alzheimer Society of B.C.$15K
- Boys and Girls Clubs Foundation of South Coast BC$15K
- The Happy Herd Farm Sanctuary Society$12K
- Union Gospel Mission$12K
- Oceanside Stroke Recovery Society$10K
- Paws for Hope Animal Foundation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lance Tracey (chairman); Shelagh Tracey (secretary); Fabio Banducci (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The River Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 847508611RR0001), or read how we compute the receipt.