Inspirit Foundation
Public foundation · Toronto, Ontario · BN 119286748RR0001 · Support of Religion · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,553,031) as filed with the CRA.
Inspirit Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $3.4M in revenue and $5.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 6% from other charities. In 2024, 5 other registered charities reported granting it a combined $320K.
Compared with 2,238 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 38% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 6 permanent full-time positions.
As a grantmaker, it reported gifts to 28 qualified donees totalling $2.1M in 2024, the largest being $500K to Indigenous Peoples Resilience Fund. Revenue has declined over its filings on record here, from $6.1M in 2020 to $3.4M in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
We promote inclusion and pluralism through media and arts support for young content creators and impact investing - specifically addressing discrimination based on ethnicity race or religion.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.4M | $5.6M | $1.1M | — | $3.7M | $33M |
| 2023 | $5M | $4.7M | $1M | — | $3M | $35.2M |
| 2022 | $723K | $7.6M | $947K | — | $2.3M | $34.8M |
| 2021 | $3.6M | $3.7M | $657K | — | $1.4M | $41.7M |
| 2020 | $6.1M | $2.3M | $620K | — | $1.1M | $41.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2.1M to 28 qualified donees — largest 25 shown:
- Indigenous Peoples Resilience Fund$500K
- Mosquers Film Festival Foundation$153K
- SMI Film Society$130K
- Fondation Beati$120K
- The Governing Council of the University of Toronto$100K
- Muslims in Media$100K
- First Nations University of Canada Inc.$100K
- Community Radio Foundation of Canada$100K
- Columbia Institute$100K
- The Samara Centre for Democracy Le Centre Samara pour la démocratie$85K
- Toronto Metropolitan University$79K
- Documentary Organization of Canada/documentaristes du Canada$75K
- Silk Road Institute$65K
- Sacred Fire Productions$65K
- Carleton University$50K
- Makeway Charitable Society$50K
- The Aunte Indigenous Residency$48K
- 3858278 Canada Foundation$40K
- Ontario College of Art & Design University Universite de l'Ecole d'Art et de Design de l'Ontario$25K
- Foundation for Leadership Imagination and Place$25K
- The Walrus Foundation$20K
- The Governing Council of the University of Toronto$20K
- Teesri Duniya Theatre$15K
- Philanthropic Foundations Canada/fondations Philanthropiques Canada$10K
- Ontario College of Art & Design University Universite de l'Ecole d'Art et de Design de l'Ontario$5,000
Received $320K from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $200,000–249,9991 position
- $120,000–159,9992 positions
- $80,000–119,9992 positions
- Permanent full-time positions6
- Total compensation, all staff$966K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Julien Valmary (director); Shama Ahmed (secretary/treasurer); Sagal Dualeh (director); Cheryl McKenzie (director); Layla Saad (director); Sally NG (director); Deborah Irvine (vice-chair); James Chan (board chair); Pacinthe Mattar (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Inspirit Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119286748RR0001), or read how we compute the receipt.