Timothy Foundation
Public foundation · Vancouver, British Columbia · BN 832200463RR0001 · Foundations
Source: T3010 return, FPE 2022-09-08. Split of total expenditures ($10,945) as filed with the CRA.
Timothy Foundation is a public foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending September 8, 2022, it reported $712K in revenue and $11K in expenditures.
Its funding that year was roughly 92% from other charities.
Compared with 2,460 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 60% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2022, the largest being $10K to Harmony Foundation. Revenue has grown substantially over its filings on record here, from $17K in 2020 to $712K in 2022. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2022
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2022 | $712K | $11K | — | — | $10K | $890K |
| 2021 | $57K | $238K | — | — | $230K | $189K |
| 2020 | $17K | $888K | — | — | $887K | $370K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, September 8, 2022
- From other charities$655,000
- Other income$55,000
- Investment income$2,470
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, 2022
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2022)
Victoria Nalugwa (director); Sheila Britton (director); Leslie Brandlmayr (director).
As listed on its 2022 return.
Check the source
Every figure on this page is from Timothy Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 832200463RR0001), or read how we compute the receipt.