The Victoria Foundation
Public foundation · Victoria, British Columbia · BN 130650898RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($41,226,570) as filed with the CRA.
The Victoria Foundation is a public foundation based in Victoria, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $69.5M in revenue and $41.2M in expenditures.
Its funding that year was roughly 35% from donations, 9% from government, 8% from other charities. In 2024, 29 other registered charities reported granting it a combined $4.3M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 61% of peers. Its fundraising cost per donated dollar was lower than 82% of that peer group. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 30 permanent full-time positions.
As a grantmaker, it reported gifts to 712 qualified donees totalling $33.1M in 2024, the largest being $4.9M to Kwadacha First Nation. Its filed list of directors and trustees shows 9 names.
In its own words
The victoria foundation connects people who care with causes that matter. Established in 1936 the victoria foundation is canada's second oldest community foundation and the sixth largest of nearly 200 nation-wide. The victoria foundation manages charitable gifts from donors whose generosity allows them to create permanent income-earning funds. The proceeds from these funds are then distributed as grants for charitable or educational purposes. To date the victoria foundation has invested over 375 million in people projects and non-profit organizations that strengthen communities in bc an…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $69.5M | $41.2M | $4.7M | $1.4M | $33.1M | $521M |
| 2023 | $89.5M | $34.3M | $3.8M | $1.2M | $27.6M | $453.9M |
| 2022 | $34.8M | $31.1M | $3.2M | $1M | $25.4M | $376.9M |
| 2021 | $64.6M | $25.5M | $3.1M | $868K | $20.2M | $413.5M |
| 2020 | $59.7M | $28.9M | $1.9M | $631K | $25.4M | $347.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $33.1M to 712 qualified donees — largest 25 shown:
- Kwadacha First Nation$4.9M
- Tsay Keh Dene First Nation$3.2M
- Victoria Conservatory of Music$899K
- Our Place Society$737K
- Pacific Opera Victoria Association$674K
- University of Victoria$631K
- Victoria Hospice and Palliative CARE Foundation$503K
- Victoria Symphony Society$483K
- Saanich Peninsula Hospital and Healthcare Foundation$452K
- The Governing Council of the Salvation Army in Canada/conseil de Direction de l'Armée du Salut du Canada$378K
- British Columbia Society for the Prevention of Cruelty to Animals$296K
- Threshold Housing Society$289K
- Victoria Women's Transition House Society$278K
- BC Cancer Foundation$276K
- The Canadian National Institute For The Blind$264K
- Camosun College Foundation$260K
- Children's Health Foundation of Vancouver Island$255K
- Victoria Humane Society$247K
- Victoria Community Food Hub Society$243K
- Victoria Hospitals Foundation$227K
- Victoria Hospice Society$190K
- Anglican Synod of the Diocese of British Columbia$186K
- Art Gallery of Greater Victoria$177K
- The Victoria Cool Aid Society$167K
- Canadian Centre for Policy Alternatives / Centre Canadien de Politiques Alternatives$153K
Received $4.3M from 29 charities:
- Community Foundations of Canada$2M
- TLC the Land Conservancy of British Columbia$804K
- Vancouver Foundation$524K
- Canadahelps Canadon$215K
- Canadahelps Canadon$215K
- CHIMP: Charitable Impact Foundation (Canada)$190K
- Saanich Community Legacy Foundation$69K
- Charitable Gift Funds Canada Foundation$53K
- Iain Harris Family Foundation$30K
- Nicola Wealth Private Giving Foundation$30K
- Sheldon Gilmour Foundation$25K
- Times Colonist Christmas Fund Society$20K
- Canadian Online Giving Foundation$16K
- Holy Cross Catholic Church$13K
- Saanich Neighbourhood Place$13K
- The Charitable Foundation of the Ontario Grocery Industry$10K
- Victoria Summer Music Festival Society$10K
- Aqueduct Foundation$10K
- The Discovery School Society$7,500
- Power to Give Foundation$5,195
- Conam Charitable Foundation$5,000
- Robert & Devi Jawl Foundation$5,000
- British Columbia Railway Historical Association$2,500
- Goward House Society$2,500
- Peninsula Streams Society$2,500
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $120,000–159,9996 positions
- $80,000–119,9993 positions
- Permanent full-time positions30
- Total compensation, all staff$3.6M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Karen Cameron (treasurer); Marilyn Sing (director); Brad Clark (director); Raijiv Gandhi (board of directors); Rob Gareau (chair board of directors); Tamara Napolean (chair board of directors); Hannes Blum (director); Teresa Lin (director); Ruth Young (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Victoria Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 130650898RR0001), or read how we compute the receipt.