Polivy-Herman Foundation
Private foundation · Toronto, Ontario · BN 761945880RR0001 · Foundations
Source: T3010 return, FPE 2020-12-31. Split of total expenditures ($10,000) as filed with the CRA.
Polivy-Herman Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2020, it reported $10K in revenue and $10K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 3,759 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 82% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2020, the largest being $10K to Toronto District School Board. Its filed list of directors and trustees shows 3 names.
In its own words
Just like in 2019 the foundation distributed money to the organization that provides education and educational opportunities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2020
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2020 | $10K | $10K | — | — | $10K | $20K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2020
- Receipted donations$10,000
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, 2020
Granted $10K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2020)
Janet Polivy Herman (director); Saretta Herman (director); Eric Herman (director).
As listed on its 2020 return.
Check the source
Every figure on this page is from Polivy-Herman Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 761945880RR0001), or read how we compute the receipt.