Chernoff Charitable Foundation
Private foundation · Calgary, Alberta · BN 810708743RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($13,487) as filed with the CRA.
Chernoff Charitable Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $74K in revenue and $13K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 26% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2024, the largest being $10K to Lionheart Foundation. Revenue has grown substantially over its filings on record here, from $22K in 2020 to $74K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The chernoff charitable foundation collects donations and makes donations to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $74K | $13K | — | — | $10K | $544K |
| 2023 | $53K | $50K | — | — | $50K | $484K |
| 2022 | $50K | $15K | — | — | $15K | $481K |
| 2021 | $58K | — | — | — | — | $446K |
| 2020 | $22K | $2 | — | — | — | $388K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $10K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Chernoff (president); Michael Chernoff (director); Olav Cramer (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Chernoff Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 810708743RR0001), or read how we compute the receipt.