Bcu Foundation
Private foundation · Toronto, Ontario · BN 893879015RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,793,823) as filed with the CRA.
Bcu 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 $10.4M in revenue and $2.8M in expenditures.
Its funding that year was roughly 17% from donations. In 2024, 8 other registered charities reported granting it a combined $19K.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 64% of peers. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 18 qualified donees totalling $945K in 2024, the largest being $375K to Ukrainian Cultural Centre Toronto. Revenue has grown substantially over its filings on record here, from $1.9M in 2020 to $10.4M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The objective of the foundation is to raise receive and maintain funds from members of the public during periodic campaigns and fund raising activities as well as to accept donations from buduchnist credit union and the general public for the distribution to and support of registered charities. To advance the public's appreciation of the arts and to promote excellence in the arts by awarding annual prizes to deserving artists of artistic works about the ukrainian people their history language and culture. To advance education bu providing educational programs resources and toold abo…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $10.4M | $2.8M | $1.6M | — | $995K | $52.2M |
| 2023 | $4.2M | $2.6M | $1.4M | — | $1M | $44.6M |
| 2022 | -$1M | $3.9M | $2.1M | — | $1.5M | $43M |
| 2021 | $10.2M | $2.1M | $717K | — | $1M | $48M |
| 2020 | $1.9M | $2.2M | $509K | — | $1.5M | $39.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $945K to 18 qualified donees:
- Ukrainian Cultural Centre Toronto$375K
- Ucrainica Research Institute$288K
- Desna Foundation$170K
- The Ukrainian Canadian Community Centre Foundation of Peel$69K
- Ukrainian Youth Association's Charitable Trust$10K
- Ukrainian Canadian Congress- Ontario$9,250
- Ukrainian Catholic Sobor of the Holy Protection$6,000
- Association de la Jeunesse Ukrainienne Plast du Quebec/plast Ukrainian Youth Association of Quebec$3,000
- Ukrainian Catholic University Foundation Canada$2,500
- Plast Ukrainian Youth Association of Manitoba$2,000
- ST Vladimir Institute$2,000
- Lubov SSMI Foundation Inc.$2,000
- Ukrainian Canadian Foundation of Taras Shevchenko$1,250
- Ukrainian Catholic Women's League of Canada Eparchy of Toronto and Eastern Canada$1,200
- United Ukrainian Charitable Trust$1,000
- Ukraninian Canadian Congress Charitable and Educational Trust$1,000
- Canadian Bandurist Capella Inc$1,000
- STS Volodymyr and Olha CH$1,000
Received $19K from 8 charities:
- Fondation Philantra Philantra Foundation$10K
- BenefAction Foundation$4,000
- Église Lutherienne Evangélique de la Trinité Lettone de Montréal$2,240
- GivingForce Foundation Canada$1,000
- Canadahelps Canadon$794
- The Peel District School Board$523
- PayPal Giving Fund Canada$318
- Canadian Online Giving Foundation-$100
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$54K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Nadia Gereliouk (secretary); Bohdan Leshchryshen (president); Oleh Romanyschyn (director); Tatiana Bidiak (director); Andrew Tarapacky (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Bcu Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 893879015RR0001), or read how we compute the receipt.