Hellenic Heritage Fund
Public foundation · Toronto, Ontario · BN 887769297RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,236,964) as filed with the CRA.
Hellenic Heritage Fund is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.2M in revenue and $1.2M in expenditures.
Its funding that year was roughly 29% from donations. In 2024, 6 other registered charities reported granting it a combined $84K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 3% of peers. Its fundraising cost per donated dollar was higher than 93% of that peer group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 10 qualified donees totalling $287K in 2024, the largest being $216K to York University. Revenue has grown substantially over its filings on record here, from $471K in 2020 to $1.2M in 2024. Its filed list of directors and trustees shows 24 names.
In its own words
Fundraising in the community with proceeds going to programs for the preservation and promotion of Hellenic culture education and heritage and related projects.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.2M | — | $520K | $395K | $81K |
| 2023 | $1.7M | $1.6M | — | $454K | $906K | $142K |
| 2022 | $912K | $1.1M | — | $269K | $529K | $77K |
| 2021 | $605K | $581K | $9,874 | $66K | $349K | $221K |
| 2020 | $471K | $576K | $9,500 | $37K | $368K | $197K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $287K to 10 qualified donees:
- York University$216K
- University of Toronto Schools$25K
- Greek Community of Toronto$20K
- The Hellenic Initiative Canada$8,887
- American Hellenic Educational Progressive Association-CJ1 Toronto$6,069
- Hellenic Community of Ottawa$5,950
- Hellenic Home for the Aged Inc.$1,650
- Heritage Toronto$1,500
- Upper Canada College$1,000
- Hellenic Hope Center for Persons With Special Needs Inc.$1,000
Received $84K from 6 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- Permanent full-time positions1
- Total compensation, all staff$139K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Tula Alexopoulos; Elias Demangos (vice president fundraising); Peter Eliopoulos; Sandra Gionas; Mary Heinmaa (pr / communications); Keroglidis Patty (secretary); Tony Lourakis (past president); John Mavriyannakis (major projects); Jenny Mboutsiadis; George Mylonas; John Poulos (treasurer); Andy Seretis (president); Chris Tambakis; John Vavitsas; Jim Vlahos; Helen Walsh; Jane Conte; Alexander Georgiadis; Kostas Kalogiros (vice president – membership); Tom Kanellopoulos; John Papadakis (community projects); Lana Paton (endowments); Nicholas Torkos; George Ellinidis.
As listed on its 2024 return.
Check the source
Every figure on this page is from Hellenic Heritage Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 887769297RR0001), or read how we compute the receipt.