Kanovsky Family Foundation
Private foundation · Calgary, Alberta · BN 844114678RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,421,526) as filed with the CRA.
Kanovsky Family Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $3.4M in revenue and $1.4M in expenditures.
Its funding that year was roughly 13% 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 56% of peers.
As a grantmaker, it reported gifts to 37 qualified donees totalling $1.3M in 2024, the largest being $200K to United Way of Calgary and Area. Its filed list of directors and trustees shows 4 names.
In its own words
We fund and carry out activities and programs that are beneficial to the community as a whole in a way which the law regards as charitable. We disburse funds to qualified Donees. We received gifts bequests trust and property and hold invest manage administer and distribute funds and property for the objects of the Foundation and for such other purposes and activities as are authorized for registered charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.4M | $1.4M | — | — | $1.3M | $26.1M |
| 2023 | $4.9M | $1.1M | — | — | $963K | $24.1M |
| 2022 | $3.4M | $891K | — | — | $781K | $20.3M |
| 2021 | -$922K | $696K | — | — | $596K | $17.8M |
| 2020 | -$14K | $749K | — | — | $665K | $19.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.3M to 37 qualified donees — largest 25 shown:
- United Way of Calgary and Area$200K
- Momentum Community Economic Development Society$200K
- Les Amis Canadiens de l'Université de Tel Aviv Inc. CanadianFriends of Tel Aviv University Inc.$200K
- The Impact Society for Children & Families in Turmoil$110K
- The Governors of The University of Calgary$100K
- Kaleo Collective Ltd.$60K
- The Children's Cottage Society of Calgary an Alberta Society$50K
- Sport For Calgary Foundation$50K
- Branch Out Neurological Foundation$40K
- The Esther Honens International Piano Competition Foundation$23K
- Calgary Public Library Foundation$20K
- Alberta Children's Hospital Foundation$20K
- Renfrew Educational Services Foundation$20K
- Strathcona-Tweedsmuir School Foundation$18K
- Wild Sheep Foundation Alberta$15K
- The V Foundation canada/La Fonation V Canada$14K
- Central Alberta Rescue Diving Society$10K
- Wilder Institute$10K
- Shad Canada$10K
- The Penticton Centre for Exceptional Learning Society$10K
- National Music Centre$10K
- Lake of the Woods District Hospital Foundation$10K
- The Kidney Foundation of Canada$10K
- Centre for Addiction and Mental Health Foundation$10K
- Helping Families Handle Cancer Foundation$6,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Donna Kanovsky (director/ president); Michael Kanovsky (director); Todd Worsley (director); Kyle Kanovsky (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kanovsky Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 844114678RR0001), or read how we compute the receipt.