Kacharie Foundation
Private foundation · Toronto, Ontario · BN 842808719RR0001 · Foundations
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($129,459) as filed with the CRA.
Kacharie Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $631K in revenue and $129K in expenditures.
Its funding that year was roughly 79% 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 30% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 6 qualified donees totalling $75K in 2024, the largest being $50K to Queen's University at Kingston. Its filed list of directors and trustees shows 5 names.
In its own words
To research review and direct donations to selected qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $631K | $129K | — | — | $98K | $3.8M |
| 2023 | $100K | $165K | — | — | $134K | $3.3M |
| 2022 | $277K | $186K | — | — | $153K | $3.4M |
| 2021 | $158K | $157K | — | — | $128K | $3.3M |
| 2020 | $421K | $240K | — | — | $214K | $3.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $75K to 6 qualified donees:
- Queen's University at Kingston$50K
- The Princess Margaret Cancer Foundation$10K
- United Way of Kingston Frontenac Lennox & Addington$5,000
- Thousand Islands Boat Museum$5,000
- Council for Canadian American Relations$2,828
- Brain Canada Foundation$2,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lucie Pal (treasurer); Joseph Pal (president); Katherine Pal (director); Charles Pal (director); Stephanie Pal (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kacharie Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 842808719RR0001), or read how we compute the receipt.