Andrew J. Lutfy Foundation
Private foundation · Town of Mount-Royal, Quebec · BN 847484706RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($786,420) as filed with the CRA.
Andrew J. Lutfy Foundation is a private foundation based in Town of Mount-Royal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $6M in revenue and $786K in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 94% 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 9 qualified donees totalling $782K in 2024, the largest being $500K to Centraide Du Grand Montréal. Revenue has grown substantially over its filings on record here, from $2.3M in 2020 to $6M in 2024.
In its own words
Andrew j lutfy foundation generated the majority of its donation revenue through holdings of long term investments. The organization's primary mission is realized through donations to other registered charities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $6M | $786K | — | — | $786K | $23.3M |
| 2023 | $573K | $1.4M | — | — | $1.4M | $18.1M |
| 2022 | $399K | $940K | — | — | $935K | $18.9M |
| 2021 | $436K | $630K | — | — | $595K | $19.4M |
| 2020 | $2.3M | $723K | — | — | $540K | $19.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$3,396,494
- Other income$77,848
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 $782K to 9 qualified donees:
- Centraide Du Grand Montréal$500K
- The Cedars Cancer Foundation at the McGill University Health Centre$253K
- Canadahelps Canadon$10K
- Jewish Community Foundation of Montreal$10K
- Operation Santa Clause$2,500
- Association du Diabete du Quebec Inc$2,500
- Myra's Kids Foundation$2,500
- Foundation Chu Sainte-Justine$1,000
- Fondation CIBPA/CIBPA Foundation/Fondazione CIBPA$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Andrew J. Lutfy Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 847484706RR0001), or read how we compute the receipt.