Newton Glassman Charitable Foundation
Private foundation · North York, Ontario · BN 830470126RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($141,896) as filed with the CRA.
Newton Glassman Charitable Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $130K in revenue and $142K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 86% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $141K in 2024, the largest being $106K to Caribbean Jewish Community. Revenue has declined over its filings on record here, from $920K in 2020 to $130K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The purpose of the charity is to receive and maintain funds to donate to registered charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $130K | $142K | — | — | $141K | -$7,685 |
| 2023 | $1.1M | $1.1M | — | — | $1.1M | $4,337 |
| 2022 | $1.3M | $1.6M | — | — | $1.6M | $2,574 |
| 2021 | $675K | $1M | — | — | $1M | $222K |
| 2020 | $920K | $2.4M | — | — | $2.4M | $596K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Receipted donations$129,875
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 $141K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Newton Glassman (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Newton Glassman Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 830470126RR0001), or read how we compute the receipt.