La Fondation Araxie & Hagop Kestekian Foundation
Private foundation · North York, Ontario · BN 119000180RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($37,352) as filed with the CRA.
La Fondation Araxie & Hagop Kestekian Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $36K in revenue and $37K in expenditures.
Its funding that year was roughly 22% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 70% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $37K in 2024, the largest being $27K to Atken Armenian Foundation. Revenue has grown substantially over its filings on record here, from $15K in 2020 to $36K in 2024. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $36K | $37K | — | — | $37K | $185K |
| 2023 | $21K | $21K | $0 | — | $21K | $186K |
| 2022 | $18K | $18K | $0 | — | $18K | $186K |
| 2021 | $18K | $18K | $0 | — | $18K | $186K |
| 2020 | $15K | $16K | $0 | — | $15K | $187K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $37K to 9 qualified donees:
- Atken Armenian Foundation$27K
- Sunnybrook Foundation$2,300
- Holy Trinity Armenian Church$2,000
- North York General Hospital Foundation$1,500
- CAMH Foundation$1,500
- Canadian Council of the Blind$1,280
- Ontario Cerebral Palsy Sports$840
- Canadian Red Cross$300
- MS Canada$250
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Daron Misakyan (treasurer); Virginia Misakyan (chairperson); Hagop Misakyan.
As listed on its 2024 return.
Check the source
Every figure on this page is from La Fondation Araxie & Hagop Kestekian Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119000180RR0001), or read how we compute the receipt.