Charity BreakdownCanadian charity filings, itemized

Sabel Family Foundation

Private foundation · Toronto, Ontario · BN 853104461RR0001 · Foundations

Every $100 spentSabel Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$98
Management & admin$2
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($293,987) as filed with the CRA.

Sabel Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.5M in revenue and $294K in expenditures.

Its funding that year was roughly 87% from donations.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.

As a grantmaker, it reported gifts to 28 qualified donees totalling $288K in 2024, the largest being $93K to VMM Zichron Chaim Charity. Its filed list of directors and trustees shows 3 names.

In its own words

To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to charitable organizations that are also registered under the canadian income tax act.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$1.5M$294K$288K$4.4M
2023$1.3M$595K$585K$3.2M
2022$1.4M$274K$270K$2.5M
2021$413K$64K$55K$1.3M
2020-$22K$98K$90K$954K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$4.4M$4,372,992 in total assets
Given away$288Kto 28 charities
That is6.6%of what it holds
Where the money came from
  • Receipted donations$1,273,353
  • Investment income$161,970
  • Other income$6,382

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Hershel Lowy (treasurer); Saul Sabel (president); Ronald Rutman (secretary).

As listed on its 2024 return.

Check the source

Every figure on this page is from Sabel Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 853104461RR0001), or read how we compute the receipt.