OKANAGAN COLLEGE FOUNDATION
Public foundationFoundations advancing education·1000 KLO RD · KELOWNA, BC · V1Y 4X8·BN 862488194RR0001·website ↗
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 PURPOSE OF THE OKANAGAN COLLEGE FOUNDATION IS TO SOLICIT PROMOTE AND OTHERWISE ENCOURAGE BEQUESTS DONATIONS GIFTS ENDOWMENTS FUNDS AND OTHER PROPERTY IN ORDER TO: -FUTHER GOALS OBJECTIVES AND STRATEGIC INTERESTS OF OKANAGAN COLLEGE TO HELP PROVIDE POST SECONDARY EDUCATION IN CANADA -DISBURSE SCHOLARSHIPS AND BURSARIES TO STUDENTS AND DISBURSE DONATIONS FOR OTHER COLLEGE PROGRAMS (I.E. RESEARCH BUILDINGS)
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)39%
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)27%
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)28 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)$4.9M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)34%
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 | $5.1M | 81¢ | 19% | 19.8 yr |
| 2020-03-31 | $5.1M | 79¢ | 21% | 18.9 yr |
| 2021-03-31 | $5.6M | 83¢ | 17% | 23.9 yr |
| 2022-03-31 | $3.6M | 78¢ | 22% | 30.3 yr |
| 2023-03-31 | $4.3M | 84¢ | 16% | 27.1 yr |
| 2024-03-31 | $4.9M | 73¢ | 27% | 28 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
19 directors reported · 17 of 19at arm's length
- BEAUDRY, SUZANNEDIRECTORarm's length
- BOSDET, LENEIGHDIRECTORarm's length
- CUNNINGHAM, JULIETTEDIRECTORarm's length
- DENESIUK, CONNIEDIRECTORarm's length
- EDSTROM, COLINVICE-CHAIRarm's length
- FASSINA, NEILDIRECTORnot at arm's length
- CHAPMAN, KELLYDIRECTORarm's length
- DRAPER, BRIAN TDIRECTORarm's length
- HAMILTON, SHERIVICE-CHAIRarm's length
- LAKE, BREADIRECTORarm's length
Show all 19 directors
- HOOKER, MICHAELDIRECTORarm's length
- MANNING, VIRGINIAVICE-CHAIRarm's length
- MEEHAN, ANNE MARIEVICE-CHAIRarm's length
- MORCOM, CURTISTREASURERnot at arm's length
- SAFINUK, DALEDIRECTORarm's length
- NEWMAN, KATIECHAIRarm's length
- NYE, MATTHEWDIRECTORarm's length
- RIKHI, RAMESHDIRECTORarm's length
- TARR, MARIEZEDIRECTORarm'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 ↗