M.P. Charitable Foundation
Private foundation · North York, Ontario · BN 880170014RR0001 · Foundations Advancing Religion
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,245,367) as filed with the CRA.
M.P. Charitable Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations advancing religion. In its fiscal year ending December 31, 2024, it reported $239K in revenue and $1.2M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 83% of peers.
As a grantmaker, it reported gifts to 13 qualified donees totalling $1.2M in 2024, the largest being $454K to Islamic Humanitarian Service. Revenue has declined over its filings on record here, from $360K in 2020 to $239K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To preach and advance the teaching of the islamic faith based on the 'figh-e-jafferiya' doctrines ie the shia ashari doctrines and the religious tenets doctrines observances and culture associated with that faith.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $239K | $1.2M | — | — | $1.2M | $3.1M |
| 2023 | $442K | $128K | — | — | $128K | $4.1M |
| 2022 | $318K | $129K | — | — | $128K | $3.8M |
| 2021 | $161K | $90K | — | — | $90K | $3.6M |
| 2020 | $360K | $300K | — | — | $300K | $3.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.2M to 13 qualified donees:
- Islamic Humanitarian Service$454K
- Islamic Shia Ithna-Asheri Jamaat of Toronto$419K
- Sajjadiyya Trust$206K
- Hussaini Canadian Educational & Cultural Association$50K
- As-Sadiq Islamic Schools$41K
- Canadian Cancer Society$15K
- Habib University Foundation Canada$13K
- The Zahra(s) Trust Canada$10K
- CareAidAfrica Foundation$7,500
- Imam Ali Islamic Centre$5,000
- Crescent Village Trust$2,700
- Organization for Islamic Learning$1,000
- Muslim Food Bank and Community Services Society$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Mohamed Punjani (director); Shafiq Punjani (director); Minaz Punjani (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from M.P. Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 880170014RR0001), or read how we compute the receipt.