The Mindfuel Foundation
Publicly funded institution · Calgary, Alberta · BN 132657065RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($2,032,857) as filed with the CRA.
The Mindfuel Foundation is a charitable organization based in Calgary, Alberta, classified by the CRA under foundations advancing education. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $2M in revenue and $2M in expenditures.
Its funding that year was roughly 73% from government. Government funding is the majority of its budget. In 2024, 7 other registered charities reported granting it a combined $784K.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers. Its fundraising cost per donated dollar was higher than 93% of that peer group. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 9 permanent full-time positions.
It reported gifts to 2 qualified donees totalling $22K in 2024, the largest being $17K to The University of Calgary. Its filed list of directors and trustees shows 11 names.
In its own words
1. Tech Futures Challenge (TFC) is a project-based and student driven youth innovation program for middle high-school and postsecondary students delivered through extra-curricular enrichment learning. TFC Operates under MindFuel’s Canada Tech Futures–Youth Innovation Gateway (CTF) initiative where students identify real world problems and work to develop innovative solutions through emerging STEM fields such as robotics synthetic biology nanotechnology Artificial Intelligence & more. 2. Wonderville.org is a web-based student engagement platform with a rich library of curriculum-aligned …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2M | $2M | $1.7M | $121K | $22K | $382K |
| 2023 | $2.2M | $2.3M | $1.9M | $204K | $8,802 | $404K |
| 2022 | $1.4M | $1.6M | $1.3M | $114K | $9,975 | $450K |
| 2021 | $2.2M | $2.2M | $1.7M | $256K | $3,500 | $711K |
| 2020 | $2.2M | $2.6M | $2M | $247K | $21K | $732K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $22K to 2 qualified donees:
- The University of Calgary$17K
- The University of Lethbridge$5,050
Received $784K from 7 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $160,000–199,9991 position
- $80,000–119,9994 positions
- $40,000–79,9993 positions
- Permanent full-time positions9
- Total compensation, all staff$974K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Cassy Weber (ceo); Peter Kinash (director); Shahauna Siddiqui (director); Rajendra Panwar (director); James Pettigrew (treasurer); Georgine Ulmer (director); Stephen Burns (director/legal counsel); Daniel Semmens (chairperson); Wafa Kadri (director); Sherida German (director); Danika Goosney (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Mindfuel Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 132657065RR0001), or read how we compute the receipt.