Circle 62 Charitable Foundation
Private foundation · Brooks, Alberta · BN 890937998RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($64,035) as filed with the CRA.
Circle 62 Charitable Foundation is a private foundation based in Brooks, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $218K in revenue and $64K 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 68% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 7 qualified donees totalling $61K in 2024, the largest being $25K to The Samaritan's Purse - Canada. Revenue has grown substantially over its filings on record here, from $56K in 2020 to $218K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Donating funds to various charities with religious affiliations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $218K | $64K | — | — | $61K | $1.7M |
| 2023 | $91K | $64K | — | — | $61K | $1.6M |
| 2022 | $73K | $53K | — | — | $51K | $1.6M |
| 2021 | $102K | $51K | — | — | $49K | $1.5M |
| 2020 | $56K | $51K | — | — | $49K | $1.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $61K to 7 qualified donees:
- The Samaritan's Purse - Canada$25K
- Trinity Lutheran Church Brooks Alberta$15K
- The Wilderness Ranch of Claresholm$10K
- The Mustard Seed Foundation$5,000
- Institute of Lutheran Theology Canada Society$4,000
- The Fraser Institute$1,000
- Lutheran Church-Canada$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Faye Altwasser (president); Garnet Alwasser (vice president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Circle 62 Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890937998RR0001), or read how we compute the receipt.