The Magfrat Foundation
Private foundation · Sarnia, Ontario · BN 119243632RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,688) as filed with the CRA.
The Magfrat Foundation is a private foundation based in Sarnia, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $13K in revenue and $2,688 in expenditures.
Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $13K in 2021, the largest being $13K to Big Brothers Big Sisters of Sarnia-Lambton. Its filed list of directors and trustees shows 7 names.
In its own words
Provide support for big brothers big sisters sarnia-lambton any successor thereto or any charitable organization with similar objectives as big brothers big sisters within the province on ontario
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $13K | $2,688 | — | — | — | $358K |
| 2023 | $13K | $16K | — | — | $13K | $348K |
| 2022 | $3,600 | $2,580 | — | — | — | $352K |
| 2021 | $19K | $15K | — | — | $13K | $364K |
| 2020 | $9,653 | $15K | — | — | $13K | $360K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2021
Granted $13K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Colin Bambrick (director); Ray Piche (president); Joel Eagleson (director); Joe Turner (vice president); Robin Wellington (director secretary treas); Shauna Carr (director); Ryan Devries (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Magfrat Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119243632RR0001), or read how we compute the receipt.