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.
Private foundation — endowment and payout, December 31, 2024
- Investment income$11,007,764
- Receipted donations$6,160
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 $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.