Canadian Friends of IIT Madras
Charitable organization · Thornhill, Ontario · BN 702275728RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,359,808) as filed with the CRA.
Canadian Friends of IIT Madras is a charitable organization based in Thornhill, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $1.4M in revenue and $1.4M in expenditures.
Its funding that year was roughly 100% from donations. In 2024, 2 other registered charities reported granting it a combined $1.4M.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 94% of peers.
Revenue has grown substantially over its filings on record here, from $202K in 2020 to $1.4M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
To advance education by providing financial assistance scholarships and bursaries to students at the Indian Institute of Technology (IIT) Madras (India). To promote Health by providing financial assistance to students at IIT Madras who need health care treatment for life-threatening illnesses. To do such things that are ancillary and incidental to the attainment of the objectives
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.4M | $7,397 | — | $1.4M | $22K |
| 2023 | $1,765 | $1,939 | $0 | — | $0 | $1,293 |
| 2022 | $283 | $1,144 | $0 | — | $0 | $1,467 |
| 2021 | $740K | $725K | $717K | — | — | $2,328 |
| 2020 | $202K | $196K | $189K | — | — | $194K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1.4M from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Marthi Venkatesh Mannar (director); Partha Sarathy Mohanram (director); Ramamurthy Nagarajan (director); Swarnali Choudhury (director); Srikant Menon (director); Sudarshan Narayanan (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canadian Friends of IIT Madras’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 702275728RR0001), or read how we compute the receipt.