Trico Charitable Foundation
Private foundation · Calgary, Alberta · BN 815391354RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,436,678) as filed with the CRA.
Trico Charitable Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.2M in revenue and $1.4M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 27% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 34% of peers. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 3 permanent full-time positions.
As a grantmaker, it reported gifts to 7 qualified donees totalling $917K in 2024, the largest being $500K to The Governors of The University of Calgary. Revenue has grown substantially over its filings on record here, from $503K in 2020 to $1.2M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The purpose of the foundation is to make donations to qualified donees within the meaning of the income tax act ( canada) and in doing so to donate all of the reserves to the relief of poverty the advancement of education and other purposes of a charitable nature beneficial to any community as a whole. In addition the enterprising non-profits program provides funding and educational opportunities for alberta -based not for profit organizations to evaluate and enhance their social enterprises. The social enterprise program is an award program to recognize canadian leaders and not for profit…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.4M | $228K | — | $917K | $10.7M |
| 2023 | $1.2M | $1.4M | $222K | — | $939K | $11M |
| 2022 | $283K | $1.4M | $376K | — | $597K | $11.2M |
| 2021 | $1.6M | $2M | $584K | — | $678K | $12.3M |
| 2020 | $503K | $1.4M | $546K | — | $850K | $12.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $917K to 7 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $40,000–79,9992 positions
- Permanent full-time positions3
- Total compensation, all staff$317K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Eleanor Chiu (secretary); Wayne Chiu (chairman of the board); Chris Hopfner (director); Daniel Overall (executive director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trico Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815391354RR0001), or read how we compute the receipt.