OLYMPIA CHARITABLE FOUNDATION
Private foundationFoundations·4000 - 520 3 AVE SW · CALGARY, AB · T2P 0R3·BN 835162405RR0001
Last reported: F2024 filing · period ending 2024-03-31
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 primary focus and main program area of Olympia Charitable Foundation is to support registered Canadian charities that meet the criteria as outlined in our objectives. Olympia Charitable Foundation raises maintains and distributes funds raised by the employees of our parent and subsidiary companies. The Foundation commits to provide 100% of the donations made by our employees as gifts to registered charities and grassroots organizations that have aligning intentions to our giving efforts and community commitment. Our primary areas of giving include: 1. Supporting vulnerable communitie… Show more
The primary focus and main program area of Olympia Charitable Foundation is to support registered Canadian charities that meet the criteria as outlined in our objectives. Olympia Charitable Foundation raises maintains and distributes funds raised by the employees of our parent and subsidiary companies. The Foundation commits to provide 100% of the donations made by our employees as gifts to registered charities and grassroots organizations that have aligning intentions to our giving efforts and community commitment. Our primary areas of giving include: 1. Supporting vulnerable communities in Canada; 2. Supporting community groups with programs that focus on inclusion of persons with disabilities; 3. Supporting various organizations with a focus on animal welfare; 4. Access to sports for underprivileged children; 5. Access to resources and support for persons and families facing long term illness. We seek and receive requests (internal through email form submissions and external through our website https://www.olympiagives.com/) to deserving organizations that directly support the underlying goals and objectives of our Foundation. The board of directors' review and ratify the donations approved by the Charity and Gift Giving Committee.
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)99%
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)—
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)368.8 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)$593K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)55%
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 |
|---|---|---|---|---|
| 2019-03-31 | $241K | 100¢ | — | 137.5 yr |
| 2020-03-31 | $315K | — | — | — |
| 2021-03-31 | $360K | — | — | — |
| 2022-03-31 | $397K | — | — | — |
| 2023-03-31 | $380K | — | — | — |
| 2024-03-31 | $593K | 100¢ | — | 368.8 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
6 directors reported · 0 of 6at arm's length
- SKAUGE, CRAIGPRESIDENTnot at arm's length
- REVOL, KELLYDIRECTORnot at arm's length
- MCCULLAGH, NEILDIRECTORnot at arm's length
- BAHNUIK, JONATHANSECRETARYnot at arm's length
- PRESTON, STEPHENDIRECTORnot at arm's length
- URSCHELER, JENNIFERDIRECTORnot at arm'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 ↗