58 Global
Private foundation · North York, Ontario · BN 743150807RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($75,694) as filed with the CRA.
58 Global is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.2M in revenue and $76K in expenditures.
Its funding that year was roughly 59% 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 21% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 2 qualified donees totalling $53K in 2024, the largest being $34K to Overseas Missionary Fellowship. Revenue has grown substantially over its filings on record here, from $367K in 2022 to $1.2M in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to registered charities under the Income Tax Act (Canada) and other qualified donees - organizations that advance the Christian faith and that support humanitarian efforts in education health and relief
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $76K | — | — | $53K | $3.9M |
| 2023 | $374K | $15K | — | — | $11K | $1.2M |
| 2022 | $367K | $18K | $1,377 | — | — | $246K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $53K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lloyd Min (director); Junho Suh (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from 58 Global’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 743150807RR0001), or read how we compute the receipt.