Avanti Foundation
Private foundation · Toronto, Ontario · BN 702275520RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,449,090) as filed with the CRA.
Avanti 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 $15.3M in revenue and $5.4M in expenditures.
Its funding that year was roughly 97% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 97% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $5.4M in 2024, the largest being $4M to The Neighbourhood Land Trust. Revenue has grown substantially over its filings on record here, from $75K in 2020 to $15.3M in 2024.
In its own words
To receive and maintain funds and apply all or part of the principal and income to qualified donees as identified in subsection 149.1(1) of the Income Tax Act (Canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $15.3M | $5.4M | — | — | $5.4M | $12.6M |
| 2023 | $1.4M | $757K | — | — | $743K | $2.7M |
| 2022 | $2.2M | $103K | — | — | $95K | $2.1M |
| 2021 | — | $11K | — | — | $10K | $975 |
| 2020 | $75K | $77K | $0 | — | $75K | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $5.4M to 9 qualified donees:
- The Neighbourhood Land Trust$4M
- The Canadian Red Cross Society$829K
- Hamilton Health Sciences Foundation$150K
- 3858278 Canada Foundation$150K
- United Way of Greater Toronto$100K
- The WoodGreen Foundation$85K
- Canadian Centre for Policy Alternatives / Centre Canadien de Politiques Alternatives$75K
- ST. Michael's and Providence Foundation$50K
- UHN Foundation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Avanti Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 702275520RR0001), or read how we compute the receipt.