Rheaume Family Foundation
Private foundation · Edmonton, Alberta · BN 774502140RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($69,853) as filed with the CRA.
Rheaume Family Foundation is a private foundation based in Edmonton, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $230K in revenue and $70K in expenditures.
Its funding that year was roughly 87% 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 46% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $38K in 2024, the largest being $15K to ST Mary's Parish. Revenue has declined over its filings on record here, from $400K in 2021 to $230K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To receive and maintain a fund or funds by way of donation gift legacy or otherwise and to apply all or part of the principal and income therefrom from time to time to qualified donees as defined in the income tax act (canada) to relieve poverty by providing basic necessities of life including food clean water clothing and/or shelter to individuals or families who are poor of low income or in need. To advance education by providing publicly available scholarships bursaries and other forms of financial assistance to students who are poor of low income or in need to be used for p…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $230K | $70K | — | — | $59K | $1.2M |
| 2023 | $406K | $65K | — | — | $64K | $1000K |
| 2022 | $301K | $43K | — | — | — | $658K |
| 2021 | $400K | — | — | — | — | $400K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $38K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lorilee Rheaume (president); Brent Rheaume (vice-president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Rheaume Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 774502140RR0001), or read how we compute the receipt.