Elderwood Foundation
Private foundation · Toronto, Ontario · BN 889516795RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($43,809) as filed with the CRA.
Elderwood 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 $14K in revenue and $44K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $37K in 2024, the largest being $30K to Canadian Society for the Protection of Nature in Israel/ La Société canadienne pour la protection de la nature en Israël. Revenue has declined over its filings on record here, from $63K in 2020 to $14K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The purpose of the charity is to provide assistance to students who do not have the financial means themselves to attend university in canada and the u.s.; to provide financial aid to individuals or groups for the general benefit of the community; to provide financial assistance on relief to indigents and needy victims of disaster.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $14K | $44K | — | — | $37K | $62K |
| 2023 | $28K | $103K | — | — | $61K | $92K |
| 2022 | -$60K | $147K | $31K | — | $109K | $167K |
| 2021 | $108K | $126K | — | — | $123K | $374K |
| 2020 | $63K | $200K | — | — | $158K | $392K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $37K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Martin Goldberg (director (annual appoint); Susan Goldberg (director (annual appoint); Joel Goldberg (director (annaul appoint); Noah Goldberg (director (annual appoint).
As listed on its 2024 return.
Check the source
Every figure on this page is from Elderwood Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889516795RR0001), or read how we compute the receipt.