Honey & Barry Sherman Legacy Foundation
Private foundation · Toronto, Ontario · BN 762548139RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($8,310,494) as filed with the CRA.
Honey & Barry Sherman Legacy 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 $11M in revenue and $8.3M in expenditures.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 67% of peers.
As a grantmaker, it reported gifts to 20 qualified donees totalling $7.8M in 2024, the largest being $2M to Humber River Health Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation receives accumulates and distributes funds to qualified donees as defined under the income tax act (canada)('the act').
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11M | $8.3M | — | — | $7.8M | $104.9M |
| 2023 | $5.4M | $3.4M | — | — | $3.3M | — |
| 2022 | $95.2M | $274K | — | — | $253K | $100.1M |
| 2021 | $5.2M | $6,547 | — | — | — | $5.2M |
| 2020 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $7.8M to 20 qualified donees:
- Humber River Health Foundation$2M
- Jias (jewish Immigrant Aid Services) Toronto$1.1M
- Sunnybrook Health Sciences Centre Foundation$1M
- ST. Michael's and Providence Foundation$1M
- PIH Partners In Health Canada$700K
- Scarborough Health Network Foundation$500K
- Seva Canada Society$400K
- United Jewish Appeal of Greater Toronto$333K
- Reena Foundation$255K
- Raoul Wallenberg Centre for Human Rights$110K
- Muslim Society of Guelph$101K
- Canadian Centre for Torture Victims (toronto) Inc$100K
- Friends of Simon Wiesenthal Center for Holocaust Studies$50K
- B'Nai Brith of Canada Foundation$50K
- Canadian Magen David Adom for Israel/Magen David Adom Canadien pour Israel$39K
- The Baycrest Centre Foundation$25K
- Kehilla Residential Programme$10K
- Sinai Health Foundation$10K
- Liberation75 Inc.$10K
- Sinai Health Foundation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alexandra Krawczyk (director); Dara Rames (director); Frank Penny (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Honey & Barry Sherman Legacy Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 762548139RR0001), or read how we compute the receipt.