Matan Foundation
Public foundation · North York, Ontario · BN 874595200RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($414,327) as filed with the CRA.
Matan Foundation is a public foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $273K in revenue and $414K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 71% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $128K in 2024, the largest being $68K to Kashruth Council of Canada. Revenue has grown substantially over its filings on record here, from $25K in 2020 to $273K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
The foundation receives and maintains funds and applies all or part of the principal and income therefrom to organizations that are qualified donees under the canadian income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $273K | $414K | $271K | — | $128K | $1M |
| 2023 | $54K | $239K | $123K | — | $110K | $1.2M |
| 2022 | $26K | $218K | — | — | $210K | $1.4M |
| 2021 | $28K | $42K | — | — | $34K | $1.2M |
| 2020 | $25K | $7,371 | — | — | — | $929K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $128K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Marvin Sigler (director); Meyer Feldman (director); Nathan Bleeman (director); Ira Marder (director); Moshe Sigler (director); Ari Messinger (director); Marshall Kesten (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Matan Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 874595200RR0001), or read how we compute the receipt.