Reaching for the Stars Children's Foundation
Private foundation · Toronto, Ontario · BN 750343311RR0001 · Foundations
Source: T3010 return, FPE 2023-12-31. Split of total expenditures ($2,227) as filed with the CRA.
Reaching for the Stars Children's Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2023, it reported $351 in revenue and $2,227 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 77% from donations, 23% from other charities. In 2024, 1 other registered charity reported granting it a combined $2.
Compared with 3,292 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 0% of peers.
Revenue has declined over its filings on record here, from $96K in 2020 to $351 in 2023. Its filed list of directors and trustees shows 3 names.
In its own words
Helping children heal and have deeper more meaningful and impactful relationships. This is done by donating to qualified donees with similar purposes and objectives.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $351 | $2,227 | — | — | $0 | $3,084 |
| 2022 | $4,420 | $4,469 | — | — | — | $4,960 |
| 2021 | $96K | $99K | $12K | — | $82K | $5,009 |
| 2020 | $96K | $102K | $18K | — | $77K | $7,825 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $2 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Dimitrios Michalopoulos (chairman/director); Anastasios Moussas (secretary/director); Zoe Karasavvidis (treasurer/director).
As listed on its 2023 return.
Check the source
Every figure on this page is from Reaching for the Stars Children's Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 750343311RR0001), or read how we compute the receipt.