Vancouver Foundation
Public foundation · Vancouver, British Columbia · BN 119281640RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($162,740,190) as filed with the CRA.
Vancouver Foundation is a public foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $288.5M in revenue and $162.7M in expenditures.
Its funding that year was roughly 15% from donations, 8% from other charities. In 2024, 61 other registered charities reported granting it a combined $19.7M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% of peers. Its fundraising cost per donated dollar was lower than 76% of that peer group. Its highest-paid position fell in the $350,000 and over range. The charity reported 83 permanent full-time positions.
As a grantmaker, it reported gifts to 1,919 qualified donees totalling $124.3M in 2024, the largest being $21.3M to Community Foundations of Canada.
In its own words
Vancouver Foundation leverages the generosity of donors towards projects initiatives and organizations working to create meaningful and lasting impact on our communities. We continued delivering a number of grant programs and initiatives such as the LEVEL Youth Policy Program Neighbourhood Small Grants Thriving Indigenous Systems Grants Participatory Action Research Grants and LEVEL BIPOC Grants as well as granting through donor advised funds and agency endowment funds to support this mission.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $288.5M | $162.7M | $8.8M | $4.1M | $131.2M | $1.8B |
| 2023 | $310.6M | $145M | $4.6M | $4.1M | $119.8M | $1.6B |
| 2022 | $4.1M | $109.1M | $3.4M | $2.8M | $87.6M | $1.4B |
| 2021 | $257M | $125.8M | $2.8M | $2.6M | $106.4M | $1.5B |
| 2020 | $195.9M | $101.4M | $2.9M | $2.8M | $80.5M | $1.4B |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Investment income$213,553,801
- Receipted donations$31,432,818
- From other charities$23,741,247
- Other gifts$13,022,271
- Other income$172,328
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 $124.3M to 1,919 qualified donees — largest 25 shown:
- Community Foundations of Canada$21.3M
- The University of British Columbia$3.7M
- Cortes Island Community Foundation$3.6M
- Association of Neighbourhood Houses of British Columbia$3.3M
- New Relationship Trust$3M
- United Way British Columbia$2.3M
- Comox Valley Community Foundation$2.2M
- VGH & Ubc Hospital Foundation$1.7M
- BC Cancer Foundation$1.5M
- The United Church of Canada$1.5M
- Nanaimo & District Hospital Foundation$1.3M
- British Columbia's Children's Hospital Foundation$1.3M
- Brock House Society$1.2M
- ST. Paul's Foundation of Vancouver$1.2M
- Simon Fraser University$1.2M
- Family Services of the North Shore Foundation$1.2M
- Douglas College Foundation$1.1M
- The Downtown Eastside Women's Centre Association$912K
- Union Gospel Mission$788K
- The Canadian National Institute For The Blind$708K
- The Justice Institute of B.C. Foundation$695K
- Dogwood Heritage Society of B.C.$686K
- The Vancouver Art Gallery Association$632K
- Vancouver Art Gallery Foundation$630K
- University of Victoria$615K
Received $19.7M from 61 charities:
- Outdoor Recreation Council of British Columbia$10M
- Community Foundations of Canada$3.8M
- Bridges Family Memorial Foundation$1.4M
- Charitable Gift Funds Canada Foundation$1M
- Blenheim Foundation$500K
- Dragon Fire Charitable Foundation$460K
- WCPD Foundation$350K
- Squamish Community Foundation$255K
- Bowen Island Conservancy$250K
- Osprey Community Foundation$247K
- Community Foundation of the Kootenay Rockies$230K
- Bowen Island Community Foundation$171K
- United Way British Columbia$150K
- Burgundy Legacy Foundation$98K
- Huscroft Family Charitable Trust$91K
- CHIMP: Charitable Impact Foundation (Canada)$89K
- ZLC Foundation$79K
- The Vancouver International Writers Festival Society$75K
- Canadian Online Giving Foundation$55K
- Oyster River Enhancement Society$51K
- District of North Vancouver Firefighters Charitable Society Local 1183 I.A.F.F.$40K
- Canadahelps Canadon$35K
- Canadahelps Canadon$35K
- R. Howard Webster Foundation$30K
- The Connor Clark & Lunn Foundation$29K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $250,000–299,9992 positions
- $200,000–249,9992 positions
- $160,000–199,9995 positions
- Permanent full-time positions83
- Total compensation, all staff$10.2M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from Vancouver Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119281640RR0001), or read how we compute the receipt.