Malekkhanu and Sherali Fazal Visram Memorial Foundation
Private foundation · Kitchener, Ontario · BN 867211187RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2023-12-31. Split of total expenditures ($23,127) as filed with the CRA.
Malekkhanu and Sherali Fazal Visram Memorial Foundation is a private foundation based in Kitchener, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2023, it reported $99K in revenue and $23K in expenditures.
Its funding that year was roughly 88% from donations. In 2024, 5 other registered charities reported granting it a combined $63K.
Compared with 2,926 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 11% of peers.
Its filed list of directors and trustees shows 4 names.
In its own words
The objectives of the foundation are: (a) to relieve poverty in india and elsewhere by providing the basic necessities of life including but not limited to food clothing education accommodation and medical care for children and youth who live in such countries; (b) to provide elementary and secondary education for children and youth who live in poverty who without the efforts of the foundation would not other wise receive and education; (c) to receive and maintain a fund or funds and apply all or part of the principal and income therefrom from time to time to charitable organization th…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $99K | $23K | — | — | $10K | $296K |
| 2022 | $79K | $5,123 | — | — | $3,707 | $220K |
| 2021 | $96K | $3,222 | — | — | — | $146K |
| 2020 | $71K | $77K | $75K | — | — | $53K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $63K from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Amin Visram (director); Annar Visram (director); Azim Visram (director); Ally Visram (director).
As listed on its 2023 return.
Check the source
Every figure on this page is from Malekkhanu and Sherali Fazal Visram Memorial Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 867211187RR0001), or read how we compute the receipt.