Faye and David Huestis Family Foundation Inc.
Private foundation · Saint John, New Brunswick · BN 824510291RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,285,406) as filed with the CRA.
Faye and David Huestis Family Foundation Inc. is a private foundation based in Saint John, New Brunswick, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $3.9M in revenue and $1.3M in expenditures.
Its funding that year was roughly 36% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 32% 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 38 qualified donees totalling $1M in 2024, the largest being $385K to Acadia University. Revenue has grown substantially over its filings on record here, from $561K in 2020 to $3.9M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The charity provides funds to qualified donees as defined in the income tax act canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.9M | $1.3M | — | — | $1M | $42.6M |
| 2023 | $16.4M | $1.7M | — | — | $1.5M | $40.7M |
| 2022 | $927K | $406K | — | — | $216K | $26M |
| 2021 | $17.1M | $238K | — | — | $151K | $25.4M |
| 2020 | $561K | $355K | — | — | $297K | $8.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1M to 38 qualified donees — largest 25 shown:
- Acadia University$385K
- Acadia University$250K
- Mount Allison University$51K
- New Brunswick Medical Education Foundation Inc.$45K
- Canadian Rugby Foundation$37K
- Saint John Regional Hospital Foundation Inc.$35K
- Lancaster Baptist Church$23K
- The University of New Brunswick$20K
- The Governing Council of the Salvation Army in Canada/conseil de Direction de l'Armée du Salut du Canada$18K
- University of Prince Edward Island$13K
- Fredericton Playhouse Incorporated$10K
- Cape Breton University$10K
- Dalhousie University$10K
- New Brunswick Adoption Foundation Inc.$10K
- Portland United Church$7,000
- ST. Mark's United Church$7,000
- Workers4wishes Inc.$5,000
- Gentle Path Counselling Services LTD.$5,000
- Université Sainte-Anne$5,000
- Percy's Place Inc.$5,000
- ST. Joseph's Hospital Foundation of Saint John Inc./la Fondation de l'Hopital ST. Joseph de Saint Jean Inc.$5,000
- Souls Harbour Rescue Mission$3,000
- Harvest House Community Outreach Centre Windsor$3,000
- South Shore Family Resource Association$3,000
- PAC Autism Nova Scotia Society$3,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Huestis (director); Faye Huestis (director); Robert Turcotte (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Faye and David Huestis Family Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 824510291RR0001), or read how we compute the receipt.