LETHBRIDGE COMMUNITY FOUNDATION
Public foundationFoundations·50 - 1202 2 AVE S · LETHBRIDGE, AB · T1J 0E3·BN 119018349RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
What it does — in its own words
Ongoing programs
THE COMMUNITY FOUNDATION MANAGES CHARITABLE GIFTS FROM DONORS IN PERMANENT INCOME-EARNING ENDOWMENT FUNDS AND DISTRIBUTES THE INVESTMENT INCOME EARNED AS GRANTS TO REGISTERED CHARITIES THROUGHOUT THE REGION OF SOUTHWESTERN ALBERTA.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Disbursed to qualified donees
T1 · computed (open data)71%
Per its F2024 T3010, this share of total spending went to other registered charities.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)71%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)243.8 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$7.1M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)19%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-12-31 | $4.9M | 31¢ | 69% | 219 yr |
| 2020-12-31 | $5.3M | 32¢ | 68% | 240.7 yr |
| 2021-12-31 | $5.2M | 26¢ | 74% | 302.4 yr |
| 2022-12-31 | $-1277K | 46¢ | 54% | 142.3 yr |
| 2023-12-31 | $8.8M | 26¢ | 74% | 247.1 yr |
| 2024-12-31 | $7.1M | 29¢ | 71% | 243.8 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
13 directors reported · 13 of 13at arm's length
- MCNAB, TRACYPRESIDENTarm's length
- CASSON, RICHARDVICE-PRESIDENTarm's length
- AUDET, CHRISTYSECOND VICE-PRESIDENTarm's length
- VORNBROCK, DEVINTREASURERarm's length
- HOFMAN, GENEVIEVEDIRECTORarm's length
- KASKO, RYANDIRECTORarm's length
- PARKINSON, ARLENEDIRECTORarm's length
- PALUSTEINER, KAYLADIRECTORarm's length
- ROSSITER, DORYDIRECTORarm's length
- STEEL, CARMELLEDIRECTORarm's length
Show all 13 directors
- STEVICK, ANNEDIRECTORarm's length
- STILSON, TANIADIRECTORarm's length
- WILSON, JOHNDIRECTORarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗