Flow Capital Charitable Foundation
Private foundation · Toronto, Ontario · BN 809266901RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($347,028) as filed with the CRA.
Flow Capital Charitable 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 $1.3M in revenue and $347K in expenditures.
Its funding that year was roughly 43% from donations. In 2023, 1 other registered charity reported granting it a combined $5,000.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 10% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $113K in 2023, the largest being $100K to High Resolves Canada. Revenue has grown substantially over its filings on record here, from $110K in 2020 to $1.3M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
1. Gift to the charities focused on children's needs 2. Gift to the charities focused on health & wellness 3. Support community outreach programs- these are charities/programs that are committed to supporting and strenthening community-based organizations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $347K | — | — | $184K | $6.5M |
| 2023 | $419K | $145K | — | — | $118K | $5.5M |
| 2022 | $4.1M | $207K | — | — | $194K | $5.3M |
| 2021 | $364K | $154K | — | — | $25K | $1.4M |
| 2020 | $110K | $41K | — | — | $20K | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$567,390
- Investment income$348,592
- Other income$250,953
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, 2023
Granted $113K to 3 qualified donees:
Received $5,000 from 1 charity:
- ZLC Foundation$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alex Baluta (director); Vernon Lobo (director); Michael Denny (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Flow Capital Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 809266901RR0001), or read how we compute the receipt.