CureSPG50
Public foundation · East York, Ontario · BN 796890531RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($98,000) as filed with the CRA.
CureSPG50 is a public foundation based in East York, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $819K in revenue and $98K in expenditures.
Its funding that year was roughly 69% from donations. In 2024, 4 other registered charities reported granting it a combined $10K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 64% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $81K in 2024, the largest being $81K to The University of Texas Southwestern Medical Center Dallas. Revenue has grown substantially over its filings on record here, from $297K in 2021 to $819K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The existing and continuous initiative aimed to financially support the treatment of numerous children in the US at UTSW using SPG50. CureSPG50 was responsible for both the development and financing of this treatment. With no more affected children in Canada three children – one from Spain and two others from the US – underwent treatment. Extra funds were utilized to sustain the necessary payments for UTSW operations and fulfill outstanding commitments.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $819K | $98K | $92K | $0 | $0 | $1.1M |
| 2023 | $171K | $196K | $186K | $0 | $0 | $492K |
| 2022 | $661K | $723K | $0 | $0 | $0 | $169K |
| 2021 | $297K | $59K | $0 | $0 | $58K | $238K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $81K to 1 qualified donee:
- The University of Texas Southwestern Medical Center Dallas$81K
Received $10K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Terry Pirovolakis (chair of the board president); Jason Wolkove (secretary); John Anastasakis (secretary); Victoria Yanku (treasurer); Georgia Kumaritakis (vice-chair of the board).
As listed on its 2024 return.
Check the source
Every figure on this page is from CureSPG50’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 796890531RR0001), or read how we compute the receipt.