Charity BreakdownCanadian charity filings, itemized

Kalmar Family Foundation Inc

Private foundation · York, Ontario · BN 130603046RR0001 · Foundations

Every $100 spentKalmar Family Foundation IncFiscal year ended August 31, 2024
Gifts to other charities$67
Other$33
TOTAL$100
Registered

Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($9,903) as filed with the CRA.

Kalmar Family Foundation Inc is a private foundation based in York, Ontario, classified by the CRA under foundations. In its fiscal year ending August 31, 2024, it reported $25K in revenue and $9,903 in expenditures.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers.

As a grantmaker, it reported gifts to 2 qualified donees totalling $6,588 in 2024, the largest being $5,000 to Ne'eman Foundation Canada. Revenue has grown substantially over its filings on record here, from $3,324 in 2020 to $25K in 2024. Its filed list of directors and trustees shows 4 names.

In its own words

The purpose of the Foundation is to receive and maintain a fund and apply all or a part of the Principal and Income therefrom to Registered Charities pursuant to the Income Tax Act. The program at 7 Humbercrest Blvd. Toronto Ontario consisted of forwarding part of the Principal and Income of the fund to registered charities of Canada

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$25K$9,903$6,588$249K
2023$7,554$7,051$0$4,982$235K
2022$5,543$28K$0$3,679$234K
2021$27K$3,915$0$1,800$256K
2020$3,324$53K$0$52K$233K

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

Private foundation — endowment and payout, August 31, 2024

Held at year end$249K$249,478 in total assets
Given away$6,588to 2 charities
That is2.6%of what it holds
Where the money came from
  • Investment income$5,810

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)

Michael Kalmar (president & director); Lorne Kalmar (secretary & director); Alana Kalmar (director); Rachel Kalmar (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Kalmar Family Foundation Inc’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 130603046RR0001), or read how we compute the receipt.