Saik Family Foundation
Private foundation · Daysland, Alberta · BN 841474406RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($61,829) as filed with the CRA.
Saik Family Foundation is a private foundation based in Daysland, Alberta, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $54K in revenue and $62K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% of peers.
As a grantmaker, it reported gifts to 15 qualified donees totalling $31K in 2023, the largest being $20K to The Governors of the University of Alberta. Its filed list of directors and trustees shows 1 name.
In its own words
To solicit and recieve gifts bequests trusts funds and property and beneficially or as a trustee or agent to hold invest develop manage accumulate and administer funds and property for the purpose of disbursing funds and property exclusively to registered charities and 'qualified donees' under the provisions of the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $54K | $62K | — | — | $35K | $919K |
| 2023 | $39K | $53K | — | — | $31K | $927K |
| 2022 | $72K | $54K | — | — | $32K | $940K |
| 2021 | $31K | $104K | — | — | $57K | $922K |
| 2020 | $46K | $90K | — | — | $41K | $996K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $31K to 15 qualified donees:
- The Governors of the University of Alberta$20K
- The Royal Alexandra Hospital Foundation$2,500
- Daysland Hospital Foundation$2,250
- The Roman Catholic Family of Daysland Heisler Killam and Parishes$2,000
- Daysland & District Memorial Arena Association$1,500
- Shock Trauma Air Rescue Service Foundation$1,000
- Flagstaff Food Bank$1,000
- Daysland and District Aging in Place Foundation$150
- Battle River Community Foundation$100
- Parkinson Association of Alberta$100
- Stollery Children's Hospital Foundation$100
- Daysland Legion Cemetery Fund$50
- Killam & District Health CARE Foundation$50
- Canadian Cancer Society$50
- Daysland United Church$50
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
.
As listed on its 2024 return.
Check the source
Every figure on this page is from Saik Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 841474406RR0001), or read how we compute the receipt.