Fasil Charitable Foundation
Private foundation · Etobicoke, Ontario · BN 822300703RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($457) as filed with the CRA.
Fasil Charitable Foundation is a private foundation based in Etobicoke, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2,312 in revenue and $457 in expenditures.
Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2022, the largest being $10K to Brain Injury Society of Toronto Inc.. Its filed list of directors and trustees shows 3 names.
In its own words
The private charitable foundation was created by lisa j. Saunders to support charitable organizations selected by the trustees who are qualified donees under the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2,312 | $457 | — | — | — | $84K |
| 2023 | $1,459 | $304 | — | — | — | $82K |
| 2022 | $12K | $10K | — | — | $10K | $81K |
| 2021 | $1,627 | $234 | — | — | — | $79K |
| 2020 | $1,759 | $196 | — | — | — | $77K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Granted $10K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lisa Saunders (founder and trustee); Robert Saunders (trustee); Gary Weddel (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fasil Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 822300703RR0001), or read how we compute the receipt.