Golden Flow Charitable Foundation
Private foundation · North York, Ontario · BN 739432342RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($693,994) as filed with the CRA.
Golden Flow Charitable Foundation 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 $1.7M in revenue and $694K in expenditures.
Its funding that year was roughly 29% from donations, 69% from other charities.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 90% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $692K in 2024, the largest being $431K to The Chaim Moshe Friedman Memorial Fund. Its filed list of directors and trustees shows 3 names.
In its own words
Advancement of education religion health and relief of poverty.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $694K | — | — | $692K | $3.7M |
| 2023 | $2.8M | $101K | $1,734 | — | $64K | $2.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- From other charities$1,208,700
- Receipted donations$501,150
- Other income$34,745
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 $692K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ben Friedman (director); Phyllis Friedman (director); Atara Zolty (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Golden Flow Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 739432342RR0001), or read how we compute the receipt.