Max Scholarship Fund
Charitable organization · Etobicoke, Ontario · BN 780614681RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($411,072) as filed with the CRA.
Max Scholarship Fund is a charitable organization based in Etobicoke, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $520K in revenue and $411K in expenditures.
Its funding that year was roughly 54% from donations. In 2024, 9 other registered charities reported granting it a combined $162K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 87% of peers. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
Revenue has grown substantially over its filings on record here, from $269K in 2020 to $520K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To advance education by providing available scholarships bursaries and other forms of financial assistance to high school and university students who self-identify as muslim to be used for post-secondary education.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $520K | $411K | $404K | — | — | $311K |
| 2023 | $413K | $411K | $404K | — | — | $181K |
| 2022 | $304K | $346K | $340K | — | — | $179K |
| 2021 | $331K | $251K | $247K | $594 | — | $222K |
| 2020 | $269K | $190K | $190K | $585 | — | $81K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $162K from 9 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$39K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Aazar Zafar (director); Zarqaa Shaikh (director); Abdullah Mohiuddin (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Max Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 780614681RR0001), or read how we compute the receipt.