Ellen and Martin Prosserman Foundation Inc /fondation Ellen et Martin Prosserman Inc
Private foundation · North York, Ontario · BN 892900788RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,142,398) as filed with the CRA.
Ellen and Martin Prosserman Foundation Inc /fondation Ellen et Martin Prosserman Inc is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.3M in revenue and $2.1M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 82% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $2.1M in 2024, the largest being $500K to Wilderton Foundation. Revenue has declined over its filings on record here, from $9.9M in 2020 to $1.3M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Receipt and maintenance of a fund all part thereof and the income thereof for charitable purposes and gifts 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 | $1.3M | $2.1M | — | — | $2.1M | $13.3M |
| 2023 | $838K | $1.8M | — | — | $1.8M | $14.2M |
| 2022 | $1.4M | $5M | — | — | $4.9M | $15.2M |
| 2021 | $1.5M | $9.2M | — | — | $9.1M | $18.7M |
| 2020 | $9.9M | $8M | — | — | $7.8M | $26.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$600,628
- Other income$40,749
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $2.1M to 8 qualified donees:
- Wilderton Foundation$500K
- The Gary and Madoka Foundation$500K
- Ronpro Foundation$450K
- Prosserman Jewish Community Centre$300K
- Jewish Family and Child Service of Greater Toronto$200K
- Congregation Darchei Noam Reconstructionist Synagogue of Toronto$100K
- Jias (jewish Immigrant Aid Services) Toronto$50K
- Save a Child's Heart Foundation$1,800
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Brian Prosserman (director); Gary Prosserman (director); Ronald Prosserman (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Ellen and Martin Prosserman Foundation Inc /fondation Ellen et Martin Prosserman Inc’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892900788RR0001), or read how we compute the receipt.