Salib Foundation
Private foundation · Orleans, Ontario · BN 748241890RR0001 · Foundations
Source: T3010 return, FPE 2023-12-31. Split of total expenditures ($588,724) as filed with the CRA.
Salib Foundation is a private foundation based in Orleans, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2023, it reported $568K in revenue and $589K in expenditures.
Its funding that year was roughly 26% from donations.
Compared with 2,659 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $580K in 2023, the largest being $277K to St. Joseph Coptic Orthodox Church. Its filed list of directors and trustees shows 5 names.
In its own words
Providing funds for the welfare of charitable organizations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $568K | $589K | — | — | $580K | $704K |
| 2022 | $55K | $290K | — | — | $282K | $725K |
| 2021 | $245K | $213K | — | — | $203K | $960K |
| 2020 | -$52K | $708K | — | — | $697K | $928K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2023
- Receipted donations$150,000
- Investment income$77,817
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, 2023
Granted $580K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Nasr Salib (co-president); Nagwa Salib (vice-president); Nansy Salib (secretary); Nader Salib (co-president); Mikhail Fam (co-president).
As listed on its 2023 return.
Check the source
Every figure on this page is from Salib Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 748241890RR0001), or read how we compute the receipt.