Fondation Farag & Ward/Farag & Ward Foundation
Private foundation · Montreal, Quebec · BN 776746323RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($24,685) as filed with the CRA.
Fondation Farag & Ward/Farag & Ward Foundation is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $23K in revenue and $25K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 11% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $13K in 2024, the largest being $13K to Concordia University-Universite Concordia. Its filed list of directors and trustees shows 4 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $23K | $25K | — | — | $13K | $18K |
| 2023 | — | $13K | — | — | $13K | — |
| 2022 | $29K | $20K | — | — | $11K | $23K |
| 2021 | $19K | $20K | — | — | $11K | $15K |
| 2020 | — | — | — | — | $13K | $15K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $13K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Amanda Farag (administrator); Hani Farag (president); Laila Farag (vice president); Paul Farag (administrator).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation Farag & Ward/Farag & Ward Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 776746323RR0001), or read how we compute the receipt.