Adler & Lipkus Foundation
Private foundation · Thornhill, Ontario · BN 815532031RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($290,441) as filed with the CRA.
Adler & Lipkus Foundation is a private foundation based in Thornhill, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $375K in revenue and $290K in expenditures.
Its funding that year was roughly 93% 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 89% of peers.
As a grantmaker, it reported gifts to 12 qualified donees totalling $290K in 2024, the largest being $55K to United Hatzalah Canada. Revenue has grown substantially over its filings on record here, from $200K in 2020 to $375K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
To receive and maintain a fund and to apply all or a portion of the principal and income therefrom from time to time to qualified donees as defined in section 149.1 of the income tax act. Members shall serve without remuneration.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $375K | $290K | — | — | $290K | $1.1M |
| 2023 | $250K | $259K | — | — | $255K | $1M |
| 2022 | $250K | $259K | — | — | $258K | $1M |
| 2021 | $1M | $230K | — | — | $229K | $1M |
| 2020 | $200K | $197K | — | — | $197K | $274K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$350,000
- Investment income$25,048
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 $290K to 12 qualified donees:
- United Hatzalah Canada$55K
- Fondation Habilitas Habilitas Foundation$25K
- Le Bon Dieu dans la Rue Organisation pour Jeunes Adultes$25K
- Cummings Jewish Centre for Seniors Foundation/fondation Centre Juif Cummings pour Aines$25K
- The Canadian National Institute For The Blind$25K
- Auberge Shalom pour femmes$25K
- Federation Cja$20K
- B'nai Brith of Canada Foundation$20K
- Paralympic Foundation of Canada$20K
- Canadian Wildlife Federation$20K
- The Governing Council of the Salvation Army in Canada$20K
- Shaare Zedek Congregation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Richard Adler (director); Ted Adler (director); Sandy Lipkus (director); Jeffey Adler (director); Steven Blau (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Adler & Lipkus Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815532031RR0001), or read how we compute the receipt.