A&Y Foundation
Private foundation · Toronto, Ontario · BN 806652996RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($22,974) as filed with the CRA.
A&Y 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 $8,354 in revenue and $23K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 43% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $20K in 2024, the largest being $11K to The Veritas Foundation Re Trip Canada. Its filed list of directors and trustees shows 3 names.
In its own words
The purpose is to help and assist underprivileged children with education and become successful. To create student programs for which to empower and support their growth. Provide scholarships.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $8,354 | $23K | — | — | $20K | $176K |
| 2023 | — | $19K | — | — | $16K | $191K |
| 2022 | — | $9,529 | — | — | $7,982 | $210K |
| 2021 | $100K | $4,925 | — | — | — | $219K |
| 2020 | — | $17K | — | — | $17K | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$8,354
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $20K to 5 qualified donees:
- The Veritas Foundation Re Trip Canada$11K
- Toronto District School Board$5,000
- St.michael's Foundation$2,000
- Jane Goodall Institute of Canada$1,000
- Woodlands Wildlife Sanctuary$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Eleonora Doudakova (director); Yeugenia Kazantseva (director/ pres/ sec/ trea); Allan Macdonald (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from A&Y Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 806652996RR0001), or read how we compute the receipt.