Orban Balazs Society Charitable Welfare Trust
Public foundation · Oshawa, Ontario · BN 886633320RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($85,455) as filed with the CRA.
Orban Balazs Society Charitable Welfare Trust is a public foundation based in Oshawa, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $97K in revenue and $85K in expenditures.
Its funding that year was roughly 14% from donations. In 2024, 1 other registered charity reported granting it a combined $1,875.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 43% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $3,700 in 2024, the largest being $1,700 to St. Elizabeth of Hungary Parish. Revenue has grown substantially over its filings on record here, from $5,077 in 2020 to $97K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Acquisition of funds via charitable fundraising events. Since most of the members of the organization are immigrants from Transylvania - Romania the goal is to provide funds to this region by way of scholarships to university students with financial needs and other targeted fundings. Providing financial support and fundraising to local charities as cultural centers and organizations that promote and preserve the education and socio-cultural tradition of Hungarian Heritage.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $97K | $85K | $65K | — | $11K | $114K |
| 2023 | $116K | $116K | $33K | $64K | $10K | $103K |
| 2022 | $79K | $46K | $44K | — | $4,470 | $103K |
| 2021 | $16K | $18K | $3,302 | — | $6,000 | -$33K |
| 2020 | $5,077 | $21K | $2,807 | — | $10K | -$35K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Other gifts$12,117
- Other income$7,081
- Receipted donations$980
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 $3,700 to 3 qualified donees:
- St. Elizabeth of Hungary Parish$1,700
- Kodaly Ensemble$1,000
- Hungarian Canadian Cultural Centre-(hungarian House)$1,000
Received $1,875 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Imola Elekes (president); Tamas Tarnai (vice president); Zsofia Halmai (treasurer); Etelka Balint (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Orban Balazs Society Charitable Welfare Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886633320RR0001), or read how we compute the receipt.