Family Enterprise Foundation
Publicly funded institution · Ottawa, Ontario · BN 893625046RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($651,071) as filed with the CRA.
Family Enterprise Foundation is a charitable organization based in Ottawa, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $1.2M in revenue and $651K in expenditures.
Its funding that year was roughly 13% from donations, 78% from other charities. In 2024, 8 other registered charities reported granting it a combined $612K.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 6% of peers. Its fundraising cost per donated dollar was higher than 86% of that peer group. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 2 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $667K in 2021 to $1.2M in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Family Enterprise Foundation / Fondation des Familles Entrepreneuriales (the 'FEF' or 'Foundation') a registered charitable organization was incorporated on June 30 2020 under the Canada Not-For-Profit Corporations Act. Its mission is to advance education on problems and opportunities faced by family enterprises in Canada. The current approach of the Foundation is to: -develop courses case studies and other educational materials; -conduct research on the nature of the problems and opportunities faced and to publish the results; -provide available scholarships bursaries and other …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $651K | $371K | $192K | — | $475K |
| 2023 | $679K | $903K | $438K | $183K | — | -$28K |
| 2022 | $784K | $794K | $474K | $183K | — | $196K |
| 2021 | $667K | $1.1M | $820K | $137K | — | $205K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $612K from 8 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $200,000–249,9991 position
- Permanent full-time positions2
- Total compensation, all staff$458K
Schedule 3 of its 2022 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Margaret Jean Mannix (board chair); Patricia Saputo (director); Sach Chandaria (director); Aaron Gillespie (director); Jordan Allen (treasurer); Ambreen Bhaloo (director); John McFall (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Family Enterprise Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 893625046RR0001), or read how we compute the receipt.