Fraser Academy Association
Publicly funded institution · Vancouver, British Columbia · BN 118930668RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($15,820,120) as filed with the CRA.
Fraser Academy Association is a charitable organization based in Vancouver, British Columbia, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending June 30, 2024, it reported $16M in revenue and $15.8M in expenditures.
Its funding that year was roughly 15% from government. In 2024, 11 other registered charities reported granting it a combined $213K.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 6% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 124 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $328K in 2024, the largest being $328K to Changing Destinies Foundation for Dyslexia. Its filed list of directors and trustees shows 10 names.
In its own words
Fraser Academy is a leader in the empowerment and education of students with dyslexia and language-based learning differences. Located in Vancouver BC Fraser Academy's fully accredited grade 1-12 independent school offers a learner-centric environment with the most effective research-based methods to optimize personalized learning cognitive development and post-secondary opportunities. School program features include small class sizes one-to-one and small group language instruction one-to-one student technology and interactive multi-sensory classrooms. At our Outreach Centre we pr…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $16M | $15.8M | — | — | $328K | -$2.9M |
| 2023 | $14.5M | $14.7M | $11.1M | $220K | $901K | -$2.8M |
| 2022 | $13.6M | $15.4M | $11.9M | $182K | $2M | -$2.5M |
| 2021 | $12.8M | $12.7M | $10.5M | $336K | $750K | -$642K |
| 2020 | $11.8M | $12M | — | — | $700K | -$736K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $328K to 1 qualified donee:
Received $213K from 11 charities:
- Walsh Foundation$90K
- Vancouver Foundation$64K
- Nicola Wealth Private Giving Foundation$20K
- Hardy Family Foundation$10K
- BenefAction Foundation$7,952
- Tweedledum Foundation$7,500
- CHIMP: Charitable Impact Foundation (Canada)$7,000
- Canadian Online Giving Foundation$3,400
- Link Charity Canada Inc$2,000
- Mel and Geri Davis Charitable Trust$1,000
- Canadahelps Canadon$48
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $200,000–249,9992 positions
- $160,000–199,9991 position
- $120,000–159,9994 positions
- $80,000–119,9992 positions
- Permanent full-time positions124
- Total compensation, all staff$12.6M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Brenda Kinsella (chairman); Rodney Johnston (vice chairman); David Sacks (secretary); Wendy Reifel (director); Jeff Hornell (director); Mark Hammer (director); Rob Safrata (director); Jed Brezer (director); John Paul Pressey (treasurer); Neil Johnston (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fraser Academy Association’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118930668RR0001), or read how we compute the receipt.