Evald Torokvei Foundation
Private foundation · King City, Ontario · BN 118902964RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($126,050) as filed with the CRA.
Evald Torokvei Foundation is a private foundation based in King City, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $368K in revenue and $126K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 43% 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 12 qualified donees totalling $100K in 2024, the largest being $10K to The Princess Margaret Cancer Foundation. Revenue has grown substantially over its filings on record here, from $54K in 2020 to $368K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation a registered private charitable foundation makes donations to various organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $368K | $126K | — | — | $100K | $2.4M |
| 2023 | $195K | $124K | — | — | $100K | $2.2M |
| 2022 | -$308K | $75K | — | — | $50K | $2.1M |
| 2021 | $527K | $64K | — | — | $40K | $2.5M |
| 2020 | $54K | $76K | — | — | $55K | $2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $100K to 12 qualified donees:
- The Princess Margaret Cancer Foundation$10K
- The Hospital for Sick Children Foundation$10K
- Campbellford Memorial Hospital Foundation$10K
- UHN Foundation$10K
- Campfire Circle Autour du Feu$10K
- True Patriot Love Foundation$10K
- Hanover and District Hospital Foundation$10K
- North York General Hospital Foundation$10K
- Southlake Health Foundation$5,000
- Distress Centres of Greater Toronto$5,000
- Covenant House Toronto$5,000
- Lifted Literacy and Leadership$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Robert Torokvei (president); Thomas Torokvei (treasurer); Christopher Torokvei (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Evald Torokvei Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118902964RR0001), or read how we compute the receipt.