Charity BreakdownCanadian charity filings, itemized

Kallonen Family Foundation

Private foundation · Cambridge, Ontario · BN 719588618RR0001 · Foundations

Every $100 spentKallonen Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$96
Charitable programs$4
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($151,761) as filed with the CRA.

Kallonen Family Foundation is a private foundation based in Cambridge, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.3M in revenue and $152K in expenditures.

Its funding that year was roughly 97% from donations.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 89% of peers.

As a grantmaker, it reported gifts to 6 qualified donees totalling $145K in 2024, the largest being $75K to Heritage Baptist College and Heritage Theological Seminary. Its filed list of directors and trustees shows 2 names.

In its own words

To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to charitable organizations that are also registered charities under the income tax act (canada).

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20232024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$1.3M$152K$6,085$145K$1.1M
2023$5,864$5,864

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$1.1M$1,121,106 in total assets
Given away$145Kto 6 charities
That is12.9%of what it holds
Where the money came from
  • Receipted donations$1,232,500
  • Investment income$37,866

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)

Kendra Kallonen (president); Robert Kallonen (treasurer & secretary).

As listed on its 2024 return.

Check the source

Every figure on this page is from Kallonen Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 719588618RR0001), or read how we compute the receipt.