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THE ESPIRITU FOUNDATION

Private foundationFoundations·240 - 4977 TRENANT ST · DELTA, BC · V4K 2K5·BN 726337306RR0001

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

In 2024 the foundation focused on supporting individuals and families experiencing financial hardship by providing funding to various charities that provide essential services that address critical areas of well-being. This included assistance with mental health services (such as counseling or therapy) medical care and physical shelter and food programs. These supports were distributed through targeted need-based programs aligned with our charitable purpose and all funds disbursed during the fiscal year were made to organizations that met the definition of qualified donees under the Inco Show more

In 2024 the foundation focused on supporting individuals and families experiencing financial hardship by providing funding to various charities that provide essential services that address critical areas of well-being. This included assistance with mental health services (such as counseling or therapy) medical care and physical shelter and food programs. These supports were distributed through targeted need-based programs aligned with our charitable purpose and all funds disbursed during the fiscal year were made to organizations that met the definition of qualified donees under the Income Tax Act.

New programs

NOT APPLICABLE FOR 2024

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)

94%

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)

0%

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)

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)

$1.9M

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

97%

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, 20222024.

Period endRevenueCents to causeOverheadReserves
2022-12-31$1.3M
2023-12-31$394K0%
2024-12-31$1.9M0%
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

3 directors reported · 1 of 3at arm's length

  • Elliott, David BDIRECTORnot at arm's length
  • ELLIOTT, WENDOLYN JDIRECTORnot at arm's length
  • ABRAHAM, BRIANDIRCTORarm'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 ↗

THE ESPIRITU FOUNDATION: CRA filing and financial data · Charity Compass