Franko Family Foundation
Private foundation · Toronto, Ontario · BN 855258760RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($19,674) as filed with the CRA.
Franko Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $177K in revenue and $20K in expenditures.
Its funding that year was roughly 85% 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 68% 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 $14K in 2024, the largest being $5,000 to Canada-Ukraine Foundation. Revenue has grown substantially over its filings on record here, from $10K in 2020 to $177K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Support academic studies research and publications in various fields of the humanities fine arts and religion and to support established religious institutions.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $177K | $20K | $2,244 | — | $17K | $745K |
| 2023 | $8,842 | $25K | — | — | $21K | $577K |
| 2022 | $3,566 | $19K | — | — | $19K | $593K |
| 2021 | $176K | $14K | $9,358 | — | $4,000 | $606K |
| 2020 | $10K | $12K | — | — | $12K | $447K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$150,000
- Investment income$27,098
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
Granted $14K to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Stefan Franko (president); Roma Franko (secretary); Roman Franko (vice-president); Ivan Franko (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Franko Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 855258760RR0001), or read how we compute the receipt.