University of Victoria Foundation
Publicly funded institution · Victoria, British Columbia · BN 123060022RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($22,707,769) as filed with the CRA.
University of Victoria Foundation is a charitable organization based in Victoria, British Columbia, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $33.6M in revenue and $22.7M in expenditures.
Its funding that year was roughly 18% from other charities. In 2024, 7 other registered charities reported granting it a combined $340K.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 21% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 1 qualified donee totalling $17.3M in 2024, the largest being $17.3M to University of Victoria. Its filed list of directors and trustees shows 6 names.
In its own words
To receive endowment funds directly and indirectly through the University of Victoria to maintain the endowment funds and invest these funds to provide income to support the University and its students.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $33.6M | $22.7M | — | — | $17.3M | $580.9M |
| 2023 | $17M | $22.3M | — | — | $18.8M | $525.5M |
| 2022 | $55.5M | $21.2M | — | — | $17.6M | $523.2M |
| 2021 | $11.7M | $19.2M | — | — | $15.8M | $525.4M |
| 2020 | $34.8M | $19M | — | — | $15.9M | $446.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $17.3M to 1 qualified donee:
- University of Victoria$17.3M
Received $340K from 7 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jane Potentier (president); Kevin Hall (voting ex-officio); Kristi Simpson (voting ex-officio); Barbara Eccles (secretary); Chrissy Drew (assistant secretary); Raymond Aoki (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from University of Victoria Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 123060022RR0001), or read how we compute the receipt.