Sri Sualal Poddar Charitable Foundation
Private foundation · Toronto, Ontario · BN 889186391RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($372,591) as filed with the CRA.
Sri Sualal Poddar Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $334K in revenue and $373K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 96% from donations.
Compared with 2,470 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 90% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $100K in 2024, the largest being $100K to World Spiritual Forum Canada. Revenue has grown substantially over its filings on record here, from $121K in 2020 to $334K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Engage in providing cultural and spiritual activities in canada. Engaged in the distribution of food medical care education and clothing to those in need in india. Construct and maintain places of worship.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $334K | $373K | $272K | — | $100K | $192K |
| 2023 | $208K | $241K | $241K | — | $251 | $230K |
| 2022 | $190K | $280K | $278K | — | $251 | $264K |
| 2021 | $189K | $163K | $150K | — | $12K | $355K |
| 2020 | $121K | $125K | $119K | — | $5,000 | $329K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $100K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Satya Poddar (trustee); Sampat Poddar (trustee); Manoj Poddar (trustee); Bipin Poddar (trustee); Ravi Poddar (trustee); Rishi Poddar (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sri Sualal Poddar Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889186391RR0001), or read how we compute the receipt.