Charity BreakdownCanadian charity filings, itemized

Norrep Foundation

Private foundation · Calgary, Alberta · BN 835668229RR0001 · Foundations

Every $100 spentNorrep FoundationFiscal year ended December 31, 2024
Gifts to other charities$75
Management & admin$25
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($352,903) as filed with the CRA.

Norrep Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $410K in revenue and $353K in expenditures.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 30% of peers.

As a grantmaker, it reported gifts to 13 qualified donees totalling $265K in 2024, the largest being $50K to Alberta Cancer Foundation. Revenue has grown substantially over its filings on record here, from $109K in 2020 to $410K in 2024. Its filed list of directors and trustees shows 1 name.

In its own words

Receiving and managing funds for the purpose of making gifts to qualified donees as defined in subsection 149.1(1) of the income tax act (canada).

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$410K$353K$265K$4.7M
2023$222K$326K$253K$4.7M
2022$249K$260K$183K$4.8M
2021$128K$245K$174K$4.8M
2020$109K$241K$172K$4.9M

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$4.7M$4,715,952 in total assets
Given away$265Kto 13 charities
That is5.6%of what it holds
Where the money came from
  • Investment income$172,525

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)

Cidel Trust Company (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from Norrep Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 835668229RR0001), or read how we compute the receipt.