Charity BreakdownCanadian charity filings, itemized

Leo and Shirley Goldfarb Foundation/fondation Leo and Shirley Goldfarb

Private foundation · Westmount, Quebec · BN 887187011RR0001 · Foundations

Every $100 spentLeo and Shirley Goldfarb Foundation/fondation Leo and Shirley GoldfarbFiscal year ended December 31, 2024
Gifts to other charities$74
Other$26
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($249,432) as filed with the CRA.

Leo and Shirley Goldfarb Foundation/fondation Leo and Shirley Goldfarb is a private foundation based in Westmount, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $293K in revenue and $249K in expenditures.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 29% of peers.

As a grantmaker, it reported gifts to 40 qualified donees totalling $185K in 2024, the largest being $150K to Federation Cja. Revenue has declined over its filings on record here, from $556K in 2020 to $293K in 2024. Its filed list of directors and trustees shows 3 names.

In its own words

Grants awarded to qualified donees in accordance with the income tax act (canada)

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$293K$249K$185K$3M
2023$203K$271K$210K$2.9M
2022-$159K$258K$193K$3M
2021$305K$320K$239K$3.4M
2020$556K$764K$692K$3.4M

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$3M$2,960,379 in total assets
Given away$185Kto 40 charities
That is6.2%of what it holds
Where the money came from
  • Other income$153,729
  • Investment income$58,342

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)

Shirley Goldfarb (president); Susan Hitzig (vice-president); Harvey Wolfe (secretary).

As listed on its 2024 return.

Check the source

Every figure on this page is from Leo and Shirley Goldfarb Foundation/fondation Leo and Shirley Goldfarb’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 887187011RR0001), or read how we compute the receipt.