Sarah & Cary Lavine Family Foundation
Private foundation · Toronto, Ontario · BN 721057883RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($400,614) as filed with the CRA.
Sarah & Cary Lavine 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 $288K in revenue and $401K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 53% of peers.
As a grantmaker, it reported gifts to 12 qualified donees totalling $356K in 2024, the largest being $75K to Margaret's Housing and Community Support Services Inc.. Revenue has grown substantially over its filings on record here, from $57K in 2020 to $288K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To provide funds to 'qualified donees' as defined in the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $288K | $401K | — | — | $356K | $5.3M |
| 2023 | $169K | $290K | — | — | $210K | $5.4M |
| 2022 | -$623K | $298K | — | — | $210K | $5.5M |
| 2021 | $3.8M | $201K | — | — | $140K | $6.4M |
| 2020 | $57K | $210K | — | — | $150K | $2.8M |
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$118,758
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 $356K to 12 qualified donees:
- Margaret's Housing and Community Support Services Inc.$75K
- Toronto Foundation$75K
- Kehilla Residential Programme$50K
- Carleton University$50K
- International Conservation Fund of Canada Inc.$49K
- Art Gallery of Ontario$15K
- United Jewish Appeal of Greater Toronto$15K
- Amici Children's Camp Charity$10K
- Social Planning and Research Council of Hamilton$5,750
- Clean Economy Fund$5,000
- The Governing Council of the University of Toronto$5,000
- Covenant House Toronto$1,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Cary Lavine (director/president); Sarah Paul (director/secretary); Arielle Lavine (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sarah & Cary Lavine Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 721057883RR0001), or read how we compute the receipt.