Paldos Charitable Foundation
Private foundation · Kanata, Ontario · BN 747295723RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($282,229) as filed with the CRA.
Paldos Charitable Foundation is a private foundation based in Kanata, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $325K in revenue and $282K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 65% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $266K in 2024, the largest being $200K to University of Ottawa Heart Institute Foundation Fondation de l'Institut de Cardiologie de l'Universite d'Ottawa. Its filed list of directors and trustees shows 2 names.
In its own words
The charity was setup in december 2021 and began its intended charitable giving in the 2022 fiscal year. The charity was setup to to create investment income which is in turn donated to various other charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $325K | $282K | — | — | $266K | $2.3M |
| 2023 | $1.8M | $106K | — | — | $98K | $2.2M |
| 2022 | $11K | $167K | — | — | $165K | $523K |
| 2021 | $681K | $2,000 | — | — | — | $679K |
| 2020 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $266K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Dorothy Speak (treasurer); Paul Labarge (president / treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Paldos Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 747295723RR0001), or read how we compute the receipt.