True Directions Charitable Foundation
Private foundation · Surrey, British Columbia · BN 892307216RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,589,762) as filed with the CRA.
True Directions Charitable Foundation is a private foundation based in Surrey, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $821K in revenue and $3.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 35% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $2.8M in 2024, the largest being $2.3M to Young Life of Canada. Revenue has declined over its filings on record here, from $22.3M in 2020 to $821K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The intention of the foundation is to benefit qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $821K | $3.6M | — | — | $2.8M | $29.1M |
| 2023 | $1.8M | $1.2M | — | — | $885K | $31.9M |
| 2022 | $4.8M | $2.4M | — | — | $2M | $31.2M |
| 2021 | $1.2M | $2.1M | — | — | $1.7M | $32.3M |
| 2020 | $22.3M | $573K | — | — | $340K | $33.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2.8M to 8 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ron Stevenson (president); Sharon Stevenson (vice president); Harry Minhas (secretary/treasurer); Carey Hulshof (director); Kathryn Olson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from True Directions Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892307216RR0001), or read how we compute the receipt.