Myhal Family Foundation
Private foundation · Mississauga, Ontario · BN 800851370RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,397,360) as filed with the CRA.
Myhal Family Foundation is a private foundation based in Mississauga, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $17.7M in revenue and $5.4M in expenditures.
In 2024, 1 other registered charity reported granting it a combined $500.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 96% of peers.
As a grantmaker, it reported gifts to 30 qualified donees totalling $5.4M in 2024, the largest being $2M to Canada-Ukraine Foundation. Its filed list of directors and trustees shows 6 names.
In its own words
1) to receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to one or more qualified donees wihtin the meaning of income tax act (canada) as amended from time to time; and 2) to undertake activities ancillary and incidental to the attainment of the above charitable purpose.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $17.7M | $5.4M | — | — | $5.4M | $135.4M |
| 2023 | $16.2M | $4.3M | — | — | $4.2M | $123.1M |
| 2022 | $3.9M | $2.9M | — | — | $2.9M | $111.2M |
| 2021 | $19.7M | $2.2M | — | — | $2.2M | $110.2M |
| 2020 | -$13.4M | $1.8M | — | — | $1.4M | $92.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$20,087,165
- Investment income$7,968,705
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $5.4M to 30 qualified donees — largest 25 shown:
- Canada-Ukraine Foundation$2M
- Ukrainian World Congress Foundation$1M
- The Princess Margaret Cancer Foundation$1M
- The Governing Council of the University of Toronto$550K
- War Child Canada$250K
- David McAntony Gibson Foundation$221K
- The Royal Conservatory of Music$141K
- The Tryzub Gala Foundation$55K
- ST. Joseph's Health Centre Foundation of Toronto$50K
- Ukrainian Canadian Foundation of Taras Shevchenko$40K
- University of Waterloo$25K
- Swim Drink Fish Canada$10K
- Help Us Help$10K
- Community Living Oakville$5,000
- Performing Arts Information Service Toronto$5,000
- Tisarana Buddhist Monastery$5,000
- The Hospital for Sick Children Foundation—
- Ukrainian World Congress Foundation—
- ST Demetrius Church—
- Human Concern International (hci)—
- Ukraninian Canadian Congress Charitable and Educational Trust—
- Canada's National Ukrainian Festival Inc.—
- Toronto Ukrainian Foundation—
- Chamber Factory: Works for Small Ensembles—
- ST Vladimir Institute—
Received $500 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
George Myhal (director); Rahila Myhal (director); Jessica Myhal (director); Tamara Myhal (director); Kristen Myhal (director); Lindsay Myhal (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Myhal Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 800851370RR0001), or read how we compute the receipt.