The Ark Foundation
Private foundation · Calgary, Alberta · BN 780900270RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($43,552) as filed with the CRA.
The Ark Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $60K in revenue and $44K in expenditures.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 98% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $42K in 2024, the largest being $26K to Create Change Foundation. Revenue has declined over its filings on record here, from $200K in 2020 to $60K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To support programs focusing on education youth and poverty reduction. We work locally with non-profit organizations to develop and support sustainable relevant projects in the community. We also support organizations that work in developing countries experiencing extreme poverty.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $60K | $44K | $42K | — | $42K | $990K |
| 2023 | $271K | $40K | — | — | $38K | $974K |
| 2022 | $25K | $48K | — | — | $45K | $743K |
| 2021 | $236K | $40K | — | — | $38K | $766K |
| 2020 | $200K | $30K | — | — | $27K | $570K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $42K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Shannon Stannard (director); Jim Stannard (director); Larissa Karen Bureau (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Ark Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 780900270RR0001), or read how we compute the receipt.