B.O.L.T. Charitable Foundation
Publicly funded institution · Toronto, Ontario · BN 832650048RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,468,669) as filed with the CRA.
B.O.L.T. Charitable Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $1.6M in revenue and $1.5M in expenditures.
Its funding that year was roughly 10% from donations. In 2024, 3 other registered charities reported granting it a combined $69K.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 5% of peers. Its fundraising cost per donated dollar was higher than 89% of that peer group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 2 permanent full-time positions.
It reported gifts to 2 qualified donees totalling $47K in 2024, the largest being $35K to Pinball Foundation. Revenue has grown substantially over its filings on record here, from $512K in 2020 to $1.6M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
1.) scholarships to youth living in high risk environment 2.) 2) funding to organizations with similar or complementary purposes and activities 3.) identify priority youth and unemployed individuals and fund their training and necessary equipment 4.) raising career awareness .
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.5M | $651K | $360K | $47K | $1.6M |
| 2023 | $1.3M | $1.3M | $639K | $339K | $96K | $1.5M |
| 2022 | $1.4M | $1.2M | $525K | $270K | $94K | $1.4M |
| 2021 | $837K | $741K | $390K | $105K | $80K | $1.2M |
| 2020 | $512K | $446K | $226K | $33K | $162K | $1.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $47K to 2 qualified donees:
Received $69K from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9991 position
- Permanent full-time positions2
- Total compensation, all staff$264K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Sandra Delzotto (director); Doug Buchanan (director); Andrew Pariser (director); Peter Meneguzzi (director); Michael Sherrard (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from B.O.L.T. Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 832650048RR0001), or read how we compute the receipt.