Lamb Foundation
Private foundation · Toronto, Ontario · BN 858143217RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,207,076) as filed with the CRA.
Lamb Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.5M in revenue and $2.2M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 13% from donations. In 2024, 1 other registered charity reported granting it a combined $12K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 43% of peers.
As a grantmaker, it reported gifts to 59 qualified donees totalling $1.9M in 2024, the largest being $1.2M to Northmount School for Boys. Its filed list of directors and trustees shows 2 names.
In its own words
For the benefit of registered charities or qualified donees under the ita as determined by the trustees
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $2.2M | — | — | $1.9M | $20.9M |
| 2023 | $1.5M | $2.2M | — | — | $1.8M | $18.5M |
| 2022 | $2.2M | $1.5M | $136K | — | $1.1M | $15.9M |
| 2021 | $3.8M | $908K | $136K | — | $593K | $19.4M |
| 2020 | $1.4M | $1M | $136K | — | $701K | $16.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$1,091,587
- Receipted donations$193,260
- Other income$15,951
- From other charities$11,565
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
Granted $1.9M to 59 qualified donees — largest 25 shown:
- Northmount School for Boys$1.2M
- Sharelife$45K
- Justice Centre for Constitutional Freedoms$40K
- The Royal Conservatory of Music$38K
- Niagara Region Right to Life Inc$35K
- The Canadian Friends of Peru$35K
- Good Shepherd Refuge Social Ministries$30K
- Mary's Meals Canada$25K
- Ghana Development Support$25K
- Justice Centre for Constitutional Freedoms$25K
- Mary's Meals Canada$25K
- Ghana Development Support$25K
- Sisters of Life - Canada$20K
- Covenant House Toronto$20K
- L'Arche Canada Foundation$15K
- Catholic Missions in Canada$15K
- The Toronto Mendelssohn Choir$12K
- Halton Pro-Life$10K
- Food4Kids Halton$10K
- ST. Michael's and Providence Foundation$10K
- Good Shepherd Refuge Social Ministries$10K
- Niagara Region Right to Life Inc$10K
- Canadian Nurses for Africa$10K
- The Roman Catholic Episcopal Corporation of the Diocese of Hamilton in Ontario$10K
- Chalice (Canada)$10K
Received $12K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Robert Chisholm (trustee); Andrea Chisholm (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lamb Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 858143217RR0001), or read how we compute the receipt.