The Read Family Foundation
Private foundation · Calgary, Alberta · BN 828427484RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($274,803) as filed with the CRA.
The Read Family Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $967K in revenue and $275K in expenditures.
Its funding that year was roughly 67% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 58% of peers.
As a grantmaker, it reported gifts to 20 qualified donees totalling $251K in 2024, the largest being $50K to University of Saskatchewan. Its filed list of directors and trustees shows 6 names.
In its own words
The charity researches and donates money to other charitable organizations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $967K | $275K | — | — | $251K | $6.8M |
| 2023 | $399K | $248K | — | — | $230K | $6.1M |
| 2022 | $841K | $156K | — | — | $140K | $6M |
| 2021 | $1.4M | $103K | — | — | $89K | $5.3M |
| 2020 | $1M | $68K | — | — | $60K | $4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $251K to 20 qualified donees:
- University of Saskatchewan$50K
- Trellis Society for Community Impact$50K
- Alberta Children's Hospital Foundation$29K
- Faith Food Bank Society$25K
- Brown Bagging for Calgary Street Kids Society$15K
- Alpine Canada$11K
- Strathcona-Tweedsmuir School$10K
- Calgary Public Library Foundation$10K
- Rundle College Society$10K
- Spar Development$5,000
- Shuswap Community Foundation$5,000
- Columbia Valley Food Bank$5,000
- The Mustard Seed Foundation$5,000
- Kidsport Calgary$5,000
- Pacific Salmon Foundation/fondation du Saumon du Pacifique$5,000
- Living Lakes Canada Society$4,000
- ALS Society of Alberta$2,580
- Classroom Champions$2,500
- Military Engineering Institute of Canada/ Institut Canadien du Genie Militaire$2,000
- Branch Out Neurological Foundation$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
John Read (director/president); Sandra Read (director/secretary); Michael Read (vice president/director); Lindsay Read (director); Rhett Read (director); Kelly Read (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Read Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 828427484RR0001), or read how we compute the receipt.