Fortius Foundation: $130 Million Loans (2008-2021)

Here are pages of financial statements and mortgage documents showing loans to Fortius Foundation for a combined total of more than $130 million. An important point to note is that these loans were not concurrent. Later loans were used to pay off earlier loans.

These files were updated as of October 23, 2021

1. Mortgage Loan from New Dimensions Foundation transferred to Imladris Foundation
   • Lease with City of Burnaby
   • TITLE showing Declared Value $25,579,556
2. Vancity Agreement
3. Mortgage Loan from Romspen Investment Corp.
4. Mortgage Loan from Almoner Foundation
5. Loans from The Bromley Charities
   • Global Charity Fund
   • Homestead on a Hill Foundation
   • Foundation for Public Good
   • Association for the Advancement of Scholarship
6. Mortgage Loan from Telus, $500,000
7. Mortgage Loan from Bank of Montreal, $20,000,000
8. Loan from an Unidentified Lender, $16,000,000
9. Mortgage Loan from a Director, $5,000,000 (2020)

For one file that contains all of the above, click here

Earlier versions:

1. $16 million from an unidentified lender
2. $4 million from a Director of Fortius Foundation
3. $20 million from the Bank of Montreal
4. $500,000 from Telus
5. $26.4 million Romspen Investment Corp.

Loans from The Bromley Charities for a combined total of roughly $65 million:

1. $28.9 million from New Dimensions Foundation/Imadris Foundation
2. $4 million from Global Charity Fund
3. $4 million from Homestead on The Hill Foundation
4. $12.2 million from Foundation for Public Good
5. $15 Million from Almoner Foundation
6. $600,000 from Association for the Advancement of Scholarship