Holdbest Foundation
Private foundation · Toronto, Ontario · BN 843771437RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($533,856) as filed with the CRA.
Holdbest 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 $608K in revenue and $534K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 62% of peers.
As a grantmaker, it reported gifts to 36 qualified donees totalling $497K in 2024, the largest being $75K to Women's College Hospital Foundation. Its filed list of directors and trustees shows 5 names.
In its own words
Holdbest foundation (the 'foundation') was incorporated on august 12 2013 for the purpose of making charitable contributions. The foundation is a registered charity under teh income tax act (canada) and as such is exempt from income taxes. The objectives of the foundation are to receive and maintain a fund or funds and to apply all or part of the income to registered charities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $608K | $534K | $260 | — | $497K | $3.9M |
| 2023 | $552K | $427K | $1,000 | — | $392K | $3.8M |
| 2022 | -$322K | $358K | — | — | $323K | $3.7M |
| 2021 | $662K | $397K | — | — | $362K | $4.4M |
| 2020 | $558K | $404K | — | — | $380K | $4.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$384,370
- Investment income$78,065
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 $497K to 36 qualified donees — largest 25 shown:
- Women's College Hospital Foundation$75K
- North York General Hospital Foundation$50K
- Ve'Ahavta$30K
- Indspire$30K
- The Good Neighbours' Club$30K
- Fred Victor Centre$30K
- The Toronto Symphony$25K
- The Toronto Public Library Foundation$25K
- Stella's Place Assessment and Treatment Centre$25K
- North York Women's Shelter$25K
- Gakino'amaage: Teach For Canada$20K
- Eva's Initiatives for Homeless Youth$20K
- Kinvia$20K
- Jewish Vocational Service of Metropolitan Toronto$15K
- Indspire$13K
- United Jewish Appeal of Greater Toronto$10K
- Human-Nature Counselling Society$10K
- The Canadian Red Cross Society$5,000
- The Canadian Red Cross Society$5,000
- The Canadian Red Cross Society$5,000
- Doctors Without Borders Canada / Medecins Sans Frontieresca Nada$5,000
- Canadahelps Canadon$5,000
- Canada-Ukraine Foundation$5,000
- Evergreen$2,500
- Canadahelps Canadon$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bernardo Sztabinski (treasurer); Ana Sztabinski (chairman); Irene Chalmers (director); Gabriela Fisch (director); Alfredo Sztabinski (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Holdbest Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 843771437RR0001), or read how we compute the receipt.