Faithful Friends Foundation
Private foundation · Sherwood Park, Alberta · BN 854862331RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,291,979) as filed with the CRA.
Faithful Friends 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 $3.7M in revenue and $2.3M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 40% of peers.
As a grantmaker, it reported gifts to 36 qualified donees totalling $1.9M in 2024, the largest being $200K to Precept Ministries Inc.. Revenue has grown substantially over its filings on record here, from $1.7M in 2020 to $3.7M in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Donations to registered canadian charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $2.3M | — | — | $1.9M | $30.6M |
| 2023 | $2.4M | $2.3M | — | — | $1.9M | $29.3M |
| 2022 | $1M | $1.7M | — | — | $1.3M | $29.1M |
| 2021 | $3.2M | $1.7M | — | — | $1.2M | $29.8M |
| 2020 | $1.7M | $1.6M | — | — | $1.2M | $28.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.9M to 36 qualified donees — largest 25 shown:
- Precept Ministries Inc.$200K
- Hope Mission$200K
- Grace to you Canada Inc./ Grace to you du Canada Inc.$175K
- Leading the Way With Michael Youssef of Canada$175K
- Billy Graham Evangelistic Association of Canada$150K
- Turning Point for God of Canada$105K
- Stollery Children's Hospital Foundation$100K
- Heartland Alliance Church$100K
- Thru the Bible Canada$50K
- The Mustard Seed Street Church (edmonton)$50K
- Jews for Jesus/juifs pour Jesus$50K
- Insight for Living Ministries Canada$50K
- First Century Foundations$50K
- In Touch Ministries of Canada$40K
- Faith to Live by Inc.$40K
- Canadian Bible Society/la Societe Biblique Canadienne$40K
- Bezulu International Society$35K
- Grace Message Ministries Canada (the)$30K
- Outreach for Life Association of Edmonton$30K
- The Governing Council of the Salvation Army in Canada$25K
- ShareWord Global Canada$25K
- Love Worth Finding of Canada$25K
- Haven Ministries Association$25K
- Focus on the Family (canada) Association$25K
- The Good News Broadcasting Association of Canada$25K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Carl Canning (trustee); Pauline Leyte-Canning (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Faithful Friends Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 854862331RR0001), or read how we compute the receipt.