The Venema Foundation
Private foundation · Abbotsford, British Columbia · BN 824476634RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($12,613) as filed with the CRA.
The Venema Foundation is a private foundation based in Abbotsford, British Columbia, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $4,040 in revenue and $13K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $13K in 2024, the largest being $9,000 to Greater Vancouver Youth for Christ. Revenue has grown substantially over its filings on record here, from $625 in 2020 to $4,040 in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Accumulated new capital from family and continued granting.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4,040 | $13K | — | — | $13K | $299K |
| 2023 | $15K | $14K | — | — | $14K | $273K |
| 2022 | $300K | $40 | $0 | — | $0 | $278K |
| 2021 | $4,040 | $40 | $0 | — | $0 | $17K |
| 2020 | $625 | $10K | $0 | — | $10K | $1,119 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $13K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Nikolas Venema (president and treasurer); Marnie Venema (vice president and secretary); Anton Venema (director); Ivor Venema (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Venema Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 824476634RR0001), or read how we compute the receipt.