Shah Family Foundation
Private foundation · Mississauga, Ontario · BN 722581600RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($6,194,648) as filed with the CRA.
Shah Family Foundation is a private foundation based in Mississauga, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $10.4M in revenue and $6.2M in expenditures.
Its funding that year was roughly 89% from donations.
Compared with 380 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 20 qualified donees totalling $6.1M in 2024, the largest being $5M to Trillium Health Partners Foundation. Revenue has grown substantially over its filings on record here, from $5M in 2022 to $10.4M in 2024.
In its own words
Advance education via financial aid (scholarships and bursaries) and providing funds to operate schools; improve access to health by way of reducing food insecurity and encouraging medical research and education to create sustainable impact.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $10.4M | $6.2M | — | — | $6.1M | $15.2M |
| 2023 | $9.2M | $3.2M | — | — | $3.1M | $11M |
| 2022 | $5M | $21K | — | — | — | $5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$9,233,013
- Investment income$1,127,052
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 $6.1M to 20 qualified donees:
- Trillium Health Partners Foundation$5M
- Manjari Sankurathri Memorial Foundation$229K
- Canadian Foundation for Physically Disabled Persons$208K
- Sai Dham Canada$125K
- Sunnybrook Health Sciences Centre Foundation$110K
- Opportunity International Canada/opportunité Internationale Canada$100K
- University of Waterloo$60K
- Ghana Medical Help$50K
- Sainte-Justine UHC Foundation$48K
- William Osler Health System Foundation$38K
- The Cedarbrook Society$25K
- Toronto Metropolitan University$25K
- Covenant House Toronto$20K
- Prime Quadrant Foundation$15K
- The Maestro Foundation for Music & Arts Advancement$1,500
- My 100 Percent$1,000
- Jack.org$500
- The Healing Cycle Foundation$500
- Oakville & Milton Humane Society$500
- The Princess Margaret Cancer Foundation$250
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$79K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from Shah Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 722581600RR0001), or read how we compute the receipt.