Al and Janet Petersen Foundation
Private foundation · Sherwood Park, Alberta · BN 787929132RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($14,436) as filed with the CRA.
Al and Janet Petersen Foundation is a private foundation based in Sherwood Park, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $218K in revenue and $14K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 100% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has grown substantially over its filings on record here, from $71K in 2020 to $218K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The al and janet petersen foundation makes donations to qualified donees
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $218K | $14K | $105K | — | — | $1.3M |
| 2023 | $194K | $14K | — | — | — | $1.2M |
| 2022 | -$71K | $13K | $50K | — | — | $1.1M |
| 2021 | $206K | $13K | $50K | — | — | $1.2M |
| 2020 | $71K | $8,948 | $40K | — | — | $1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2022)
Allen Petersen (president and secretary); Janet Petersen (vice-pres & treasurer); Brittany Petersen (director); Caryn Gravelle (director).
As listed on its 2022 return.
Check the source
Every figure on this page is from Al and Janet Petersen Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 787929132RR0001), or read how we compute the receipt.