Thomas Foundation
Public foundation · Kelowna, British Columbia · BN 888156668RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($391,276) as filed with the CRA.
Thomas Foundation is a public foundation based in Kelowna, British Columbia, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $41K in revenue and $391K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 60% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $378K in 2024, the largest being $200K to Thomas GSEA Foundation. Revenue has declined over its filings on record here, from $146K in 2020 to $41K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
The foundation does not carry out charitable activities directly but distributes funds to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $41K | $391K | — | — | $378K | $1.3M |
| 2023 | $14K | $245K | — | — | $222K | $1M |
| 2022 | $10K | $339K | — | — | $210K | $1.2M |
| 2021 | $942K | $258K | — | — | $240K | $1.6M |
| 2020 | $146K | $43K | — | — | $35K | $887K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, November 30, 2024
- Investment income$31,703
- Other income$8,960
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $378K to 8 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Peter Thomas (chair); Rita Thomas (director); Mary Power (director); Jill Marshall (director); Deanna Delyea (secretary/treasurer); Erin Holm (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Thomas Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888156668RR0001), or read how we compute the receipt.