Sacks Family Foundation
Private foundation · Vancouver, British Columbia · BN 852487677RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($46,590) as filed with the CRA.
Sacks Family Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $53K in revenue and $47K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 59% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $45K in 2024, the largest being $22K to Vancouver Hebrew Academy Society. Its filed list of directors and trustees shows 2 names.
In its own words
1. To apply income and capital of the trust for exclusivity charitable purposes. 2. To administer profits without limitation to any of the objects of the trust. 3. To seek legal status as a 'registered charity' as defined in s248(1) of the ita. 4. To do all other things which are incidental or conductive to the attainment of any one or more of the objects above.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $53K | $47K | — | — | $45K | $1000K |
| 2023 | $1M | $33K | — | — | $33K | $994K |
| 2022 | $30 | $530 | — | — | — | -$3,150 |
| 2021 | — | $526 | — | — | — | -$2,650 |
| 2020 | — | $663 | — | — | — | -$2,124 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$52,630
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 $45K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Abraham Sacks (co-trustee); Jeff Sacks (co-trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sacks Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 852487677RR0001), or read how we compute the receipt.