Blu Genes Foundation
Private foundation · Toronto, Ontario · BN 781411889RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($593,582) as filed with the CRA.
Blu Genes 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 $753K in revenue and $594K in expenditures.
Its funding that year was roughly 55% from donations. In 2024, 8 other registered charities reported granting it a combined $48K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 7% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 3 qualified donees totalling $223K in 2024, the largest being $168K to Sickkids Charitable Giving Fund. Revenue has grown substantially over its filings on record here, from $239K in 2020 to $753K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
To promote health by conducting and funding the conduct by qualified donees of innovative research in the field of gene therapy towards improving human health by preventing or treating genetic diseases. To disseminate the results of the research conducted or funded by the corporation
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $753K | $594K | — | $245K | $223K | $1.2M |
| 2023 | $668K | $686K | — | $258K | $328K | $1M |
| 2022 | $705K | $472K | — | $203K | $179K | $1.1M |
| 2021 | $319K | $335K | — | $28K | $179K | $819K |
| 2020 | $239K | $102K | — | $37K | — | $835K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $223K to 3 qualified donees:
- Sickkids Charitable Giving Fund$168K
- University of Massachusetts$28K
- University of Wisconsin$28K
Received $48K from 8 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
- Permanent full-time positions1
- Total compensation, all staff$84K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Sasha Cucuz (chair); Peter Politis (director); Sam Crignano (director); Sara Margani (director); Maria Crignano (director); Gianpiero DI Rocco (director); Nick Torchetti (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Blu Genes Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 781411889RR0001), or read how we compute the receipt.