Frasca Foundation Inc.
Private foundation · Edmonton, Alberta · BN 793711094RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($528,606) as filed with the CRA.
Frasca Foundation Inc. is a private foundation based in Edmonton, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $403K in revenue and $529K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 66% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $500K in 2024, the largest being $250K to Hope Mission. Revenue has grown substantially over its filings on record here, from $101K in 2020 to $403K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
It is the intent to support food banks homeless shelters and other registered charities in the edmonton area that provide community services.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $403K | $529K | — | — | $500K | $3.6M |
| 2023 | $240K | $398K | — | — | $370K | $3.7M |
| 2022 | $200K | $284K | — | — | $255K | $3.9M |
| 2021 | $205K | $178K | — | — | $150K | $4M |
| 2020 | $101K | $227K | — | — | $200K | $4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $500K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Marilyn Frost (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Frasca Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 793711094RR0001), or read how we compute the receipt.