Horizons Endowment Foundation
Public foundation · Mississauga, Ontario · BN 833919244RR0001 · Support of Religion
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($609,503) as filed with the CRA.
Horizons Endowment Foundation is a public foundation based in Mississauga, Ontario, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $229K in revenue and $610K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
In 2024, 1 other registered charity reported granting it a combined $285K.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 36% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $500K in 2024, the largest being $500K to Muslim Association of Canada. Revenue has declined over its filings on record here, from $2.7M in 2020 to $229K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Providing and maintaining facilities for the charitable programs carried out by muslim association of canada
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $229K | $610K | — | — | $500K | $829K |
| 2023 | $3.2M | $72K | — | — | — | — |
| 2022 | $216K | $56K | — | — | — | $1.7M |
| 2021 | $210K | $2.1M | — | — | $2M | $1.5M |
| 2020 | $2.7M | $250K | — | — | $120K | $3.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $500K to 1 qualified donee:
Received $285K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Rabih Alkhatib (president/directeur); Safia El Awad (administrateur); Asif Manzoor (adminstrateur); Hala Aboghodda (adminstrateur); Khalyl Khan (adminstrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Horizons Endowment Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 833919244RR0001), or read how we compute the receipt.