Michael and Libby Goldgrub Foundation
Private foundation · Toronto, Ontario · BN 846049591RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,761,707) as filed with the CRA.
Michael and Libby Goldgrub Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $862K in revenue and $1.8M 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 73% of peers.
As a grantmaker, it reported gifts to 24 qualified donees totalling $1.7M in 2024, the largest being $300K to Sinai Health Foundation. Its filed list of directors and trustees shows 2 names.
In its own words
The foundation carries out its charitable programs during the year by granting donations to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $862K | $1.8M | — | — | $1.7M | $15.9M |
| 2023 | $2M | $1.1M | — | — | $1M | $14.2M |
| 2022 | -$1.7M | $1.8M | — | — | $1.8M | $13.2M |
| 2021 | $10.4M | $1.4M | — | — | $1.4M | $16.9M |
| 2020 | -$296K | $737K | — | — | $731K | $7.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.7M to 24 qualified donees:
- Sinai Health Foundation$300K
- The Hospital for Sick Children Foundation$300K
- The Baycrest Centre Foundation$250K
- UHN Foundation$230K
- Dani Developing and Nurturing Independence$160K
- United Jewish Appeal of Greater Toronto$100K
- United Israel Appeal of Canada Inc$50K
- Chasdei Kaduri Jewish Food Bank$50K
- Daily Bread Food Bank$50K
- Beach Hebrew Institute$50K
- West Muskoka Food Bank$25K
- Friends of Simon Wiesenthal Center for Holocaust Studies$25K
- Canadian National Exhibition Foundation$25K
- Canadian Foundation for AIDS Research/fondation Canadienne de Recherche sur le Sida$25K
- Birthright Israel Foundation of Canada$10K
- Cherish Integrated Services$10K
- ORT Canada$10K
- Canadian Cancer Society$10K
- Canadian Friends of Yeshivat Aish Hatorah$7,200
- Reena Foundation$5,000
- Hadassah-Wizo Organization Of Canada$5,000
- Covenant House Toronto$5,000
- Ezer Mizion$3,600
- Kav Shalom KHM$2,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Goldgrub (trustee); Morley Beallor (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Michael and Libby Goldgrub Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 846049591RR0001), or read how we compute the receipt.