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Registered as KWANTLEN POLYTECHNIC UNIVERSITY FOUNDATION
$15,728,883
$5,099,746
It took in $10,629,137 more than it spent, and retained the difference. Neither is good or bad on its own — charities hold reserves, run capital campaigns, and spend down endowments, and the return does not say which.
| Year | Money in | Money out |
|---|---|---|
| 2017 | $6.9M | $4.9M |
| 2018 | $4.9M | $6.0M |
| 2019 | $6.1M | $2.2M |
| 2020 | $5.1M | $2.1M |
| 2021 | $19.2M | $2.2M |
| 2022 | $20.6M | $2.5M |
| 2023 | $12.5M | $6.3M |
| 2024 | $15.7M | $5.1M |
| What it went on | CRA line | Amount | Share |
|---|---|---|---|
| Charitable programs | 5000 | $1,395,539 | 81.4% |
| Management and administration | 5010 | $319,759 | 18.6% |
| Fundraising | 5020 | Not reported | — |
| Total expenditures excluding gifts | 4950 | $1,715,298 |
This charity did not report a fundraising figure. That is not the same as zero. Only one charity in five reports a fundraising figure at all, and the return does not require it.
It reported giving $3,384,448 to other qualified donees — registered charities and similar organisations. This sits outside the breakdown above, which covers the charity’s own spending. Line 5050.
Kwantlen Polytechnic University Foundation reported spending 81.4% of its expenditure on charitable programs. Among the 510 charities registered under foundations advancing education that reported the same line for 2024, the middle of the range is 81.5%, and this charity sits at the 50th percentile — above 50% of them.
That is a position in a distribution, not a verdict. Charities allocate costs differently on the same form, and a lower share often reflects how a return was filled in rather than how the money was spent. The cohort counts only charities that reported this line — about a quarter of the register does not, and they are not in the comparison at all.
Charities that hold significant property not used in their programs must spend a minimum amount each year — the disbursement quota. Kwantlen Polytechnic University Foundation files this schedule; most charities do not.
| Required to spend | 840 | $3,371,350 |
|---|---|---|
| Counted toward the quota | 860 | $4,779,987 |
| Difference | 865 | $1,408,637 above the quota |
Charities may also carry a disbursement excess forward for five years, so a single year is a slice of a longer calculation rather than the whole of it.
The most recent return this charity has filed — not its position today. Charities have six months to file and the CRA publishes annually.
These are the charity’s own figures. A surprising figure is at least as likely to be a filing error as a finding.
This site cannot confirm whether 861562924 RR 0001 is registered today. Its filings are public open data; current registration status is not, and the CRA’s own listing is the only authoritative source. Check this charity on the CRA Charities Listing.
Source: Canada Revenue Agency — List of charities (T3010). Data current as of 2024 filing year. Filed by the charity and not audited by the CRA. Contains information licensed under the Open Government Licence – Canada.