Charity BreakdownCanadian charity filings, itemized

Inspired Children & Youth Foundation

Private foundation · Toronto, Ontario · BN 795733708RR0001 · Foundations

Every $100 spentInspired Children & Youth FoundationFiscal year ended December 31, 2024
Gifts to other charities$81
Other$19
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($81,109) as filed with the CRA.

Inspired Children & Youth 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 $302K in revenue and $81K in expenditures.

Its funding that year was roughly 23% from donations.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 40% of peers.

As a grantmaker, it reported gifts to 5 qualified donees totalling $66K in 2024, the largest being $20K to Jack.org. Its filed list of directors and trustees shows 4 names.

In its own words

Disbursements granted to qualified donees while the charity sets up it's own operations

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20212024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$302K$81K$66K$1.5M
2023$1.3M$20K$14K$1.3M
2022$0$5,808-$5,808
2021

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$1.5M$1,537,021 in total assets
Given away$66Kto 5 charities
That is4.3%of what it holds
Where the money came from
  • Other income$213,993
  • Receipted donations$68,325
  • Investment income$20,082

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Michelle Moore (secretary); Parmjit Mangat (chairman president); Anne-Sophie Brieger (vice chair); Galina Tikhonovsky (treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from Inspired Children & Youth Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 795733708RR0001), or read how we compute the receipt.