106990070RR0001 — 0010
Registered — Strathmore, AB — Public Foundation
Scores: Legitimacy 100/100 · Effectiveness 70/100
Financials: Revenue $54,863 · Expenditures $117,560
Trellis Foundation is a public foundation in Strathmore, Alberta, that exists as the legacy vehicle of the former Covenant Bible College — it ceased educational operations in 2007, sold its campus, and now manages an endowment-like fund, distributing proceeds to qualified donees within the Evangelical Covenant Church of Canada. The most recent fiscal year shows a significant spending spike — expenditures of $117,560 against revenue of $54,863 — suggesting the foundation is drawing down its substantial accumulated assets to fulfill its grantmaking mandate. With roughly 208 months of reserves and a 59-year registration history, this is not an organization at risk of collapse, but rather one gradually winding down a legacy endowment.
Our Verdict: Trellis Foundation is a legacy grantmaking vehicle, not an active program-delivery charity — its low program spending ratio reflects a structure where nearly all mission impact flows through transfers to qualified donees. Donors should understand they are contributing to an endowment-distribution model with deep reserves but declining revenue; the foundation's own program description indicates it is in a long-term wind-down phase.