A.M. Foundation
Private foundation · Toronto, Ontario · BN 810051003RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($245,051) as filed with the CRA.
A.M. Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $782K in revenue and $245K in expenditures.
Its funding that year was roughly 73% 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 81% 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 25 qualified donees totalling $233K in 2024, the largest being $108K to Kav Shalom KHM. Revenue has grown substantially over its filings on record here, from $195K in 2020 to $782K in 2024. Its filed list of directors and trustees shows 3 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 time to time to charitable organization that are also registered charities under the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $782K | $245K | $8,757 | — | $233K | $7.2M |
| 2023 | $1.6M | $286K | — | — | $144K | $6.6M |
| 2022 | $19K | $69K | — | — | $66K | $5.3M |
| 2021 | $1.5M | $152K | — | — | $150K | $3M |
| 2020 | $195K | $25K | — | — | $23K | $1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $233K to 25 qualified donees:
- Kav Shalom KHM$108K
- Bais Yaakov Elementary School$38K
- Kashruth Council$36K
- Toronto Care Fund$10K
- Moral Arc Foundation$7,000
- Bnos Chaya$5,415
- Institute for Advanced Talmudic and Halachic Studies$5,400
- Netivot Hatorah Day School$5,300
- Torath Emeth Jewish Centre$3,600
- Beth Medrash Govoha$3,600
- Yeshiva Gedolah Zichron Shmayahu$2,000
- Misaskim Canada$1,800
- Les Amis Canadiens du Seminaire Yeshivah Mirer de Jerusalem Inc./canadian Friends of the Seminary Yeshivah Mirer of Jerusalem Inc.$1,800
- Congregation Ahavas Torah$1,080
- Hatzoloh Toronto$1,000
- Agudath Israel Congregation of Toronto$600
- Institute for Advanced Judaic Studies$500
- Yeshivah Toras Chaim$500
- Canadian Friends of Yad Eliezer$500
- Canadahelps Canadon$460
- Moral Arc Foundation$300
- Yeshivat Yesodei Hatora$210
- Bobever Yeshiva Bnei Zion Charitable Fund$130
- Ledbury Jewish Centre$36
- Meginei Chana Association of Toronto$25
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Albert Maierovits (president); Diane Maierovits (secretary - treasurer); Jeremy Maierovits (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from A.M. Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 810051003RR0001), or read how we compute the receipt.