Charity BreakdownCanadian charity filings, itemized

Flanagan Family Foundation

Private foundation · Kitchener, Ontario · BN 738671916RR0001 · Foundations

Every $100 spentFlanagan Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$67
Management & admin$33
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($46,317) as filed with the CRA.

Flanagan Family Foundation is a private foundation based in Kitchener, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $414K in revenue and $46K in expenditures.

Its funding that year was roughly 49% from donations.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 21% 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 4 qualified donees totalling $31K in 2024, the largest being $10K to Reaching Our Outdoor Friends (kitchener). Revenue has grown substantially over its filings on record here, from $157K in 2020 to $414K in 2024. Its filed list of directors and trustees shows 4 names.

In its own words

To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to charitable organizations that are also registered charities under the income tax act (canada).

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$414K$46K$31K$1.5M
2023$259K$31K$21K$1.2M
2022$180K$28K$20K$934K
2021$164K$18K$11K$783K
2020$157K$16K$11K$637K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$1.5M$1,531,050 in total assets
Given away$31Kto 4 charities
That is2.0%of what it holds
Where the money came from
  • Investment income$212,258
  • Receipted donations$202,122

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Jeffrey Flanagan (president); Murray Flanagan (secretary); Daniel Flanagan; Richard Flanagan.

As listed on its 2024 return.

Check the source

Every figure on this page is from Flanagan Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 738671916RR0001), or read how we compute the receipt.