Magor Foundation Inc.
Public foundation · Montreal, Quebec · BN 103464459RR0001 · Supportive Health Care
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($209,207) as filed with the CRA.
Magor Foundation Inc. is a public foundation based in Montreal, Quebec, classified by the CRA under supportive health care. In its fiscal year ending June 30, 2024, it reported $1,997 in revenue and $209K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,620 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $50 in 2021, the largest being $50 to Our Lady of Hungary. Revenue has declined over its filings on record here, from $22K in 2020 to $1,997 in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
Raise funds to promote the health and welfare of the hungarian cultural community
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1,997 | $209K | $209K | — | — | $33K |
| 2023 | $7,821 | $7,607 | $6,868 | — | — | $240K |
| 2022 | $2,512 | $3,556 | $700 | — | — | $240K |
| 2021 | $5,098 | $8,360 | $5,059 | — | $50 | $241K |
| 2020 | $22K | $26K | $14K | $3,609 | $3,000 | $244K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2021
Granted $50 to 1 qualified donee:
- Our Lady of Hungary$50
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Szabolcs Licsko (administrateur); Alice Palko (trésorière); Maria Heredi (administrateur); Catherine Udvarhelyi (administrateur); Marta Orban (administrateur); Eniko Orban Nagy (administrateur); Aron Molnar (administrateur); Andras Ferko (vice-président); Laurand Kertesz (président).
As listed on its 2024 return.
Check the source
Every figure on this page is from Magor Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 103464459RR0001), or read how we compute the receipt.