The Fregin Family Foundation
Private foundation · Waterloo, Ontario · BN 804560050RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($4,526,343) as filed with the CRA.
The Fregin Family Foundation is a private foundation based in Waterloo, Ontario, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $1.5M in revenue and $4.5M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 89% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 63% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $4.2M in 2024, the largest being $1.8M to Quantum Valley Ideas Laboratories. Its filed list of directors and trustees shows 3 names.
In its own words
Activity is restricted to receiving and managing funds for the purpose of making gifts to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $4.5M | — | — | $4.2M | $22M |
| 2023 | $2.6M | $4.4M | — | — | $3.7M | $25M |
| 2022 | $2.1M | $3.1M | — | — | $2.4M | $26.8M |
| 2021 | $2.7M | $4M | — | — | $3.3M | $27.8M |
| 2020 | $2.2M | $2.7M | — | — | $2M | $29.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, July 31, 2024
- Receipted donations$1,339,668
- Investment income$840,730
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
Granted $4.2M to 7 qualified donees:
- Quantum Valley Ideas Laboratories$1.8M
- Salaama Educational Foundation$1.8M
- SEE YOU IN CANADIAN ATHLETEs FUND$475K
- St.david's High School$80K
- The Food Bank of Waterloo Region$12K
- Covenant House Toronto$6,000
- Operation Smile Canada Foundation$2,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Doug Fregin (director); Michael Lazaridis (director); Cosimo Fiorenza (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Fregin Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 804560050RR0001), or read how we compute the receipt.