899290241RR0001 — 0210
Registered — Calgary, AB — Public Foundation
Scores: Legitimacy 100/100 · Effectiveness 62/100
Financials: Revenue $735,960 · Expenditures $2,100,239
THE COLIN B GLASSCO CHARITABLE FOUNDATION FOR C...'s revenue is both declining (-7.92% per year) and highly volatile (179.0% standard deviation), indicating sustained financial instability. A 87.9% revenue drop in one year may reflect loss of a major donor or grant funding changes. With 96.6% of spending going internationally, the mission appears to have shifted significantly from its domestic mandate. 76.9% of outgoing donations go to a single recipient, indicating a highly concentrated donation pattern. THE COLIN B GLASSCO CHARITABLE FOUNDATION FOR C... passes 551.3% of revenue to other entities, functioning primarily as an intermediary rather than delivering programs directly. THE COLIN B GLASSCO CHARITABLE FOUNDATION FOR C... has only 2 director(s) on record, concentrating decision-making power. Reserves of 10.5 months are within the recommended range for financial resilience.
Our Verdict: An established community foundation in Calgary, AB that has directed funds to a revoked charity and experienced a 88% revenue drop — worth reviewing the full analysis despite the overall grade.