Subhash and Promila Jhamb Foundation
Private foundation · Mississauga, Ontario · BN 835413899RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($17,573) as filed with the CRA.
Subhash and Promila Jhamb Foundation is a private foundation based in Mississauga, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $18K in revenue and $18K in expenditures.
Its funding that year was roughly 55% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 36% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $15K in 2024, the largest being $13K to Vedic Aryan Cultural Society. Its filed list of directors and trustees shows 6 names.
In its own words
Same as reported in 2021 and 2022. No changes.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $18K | $18K | — | — | $15K | $253K |
| 2023 | $42K | $14K | — | — | $11K | $252K |
| 2022 | $183K | $6,483 | — | — | $4,700 | $309K |
| 2021 | — | $5,701 | — | — | $4,200 | $128K |
| 2020 | $24K | $15K | — | — | $13K | $131K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, June 30, 2024
- Receipted donations$10,089
- Investment income$8,118
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 $15K to 6 qualified donees:
- Vedic Aryan Cultural Society$13K
- Chinmaya Mission Toronto$500
- Heart and Stroke Foundation$400
- Oakville Hospital Foundation$200
- Canadian Down Syndrome Society$30
- Liver Canada Foie Canada$25
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Subhash Jhamb (president); Promila Jhamb (vice-president); Deepti Pasricha (assistant vice-president); Neeti Varma (treasurer); Ameeta Vijay (assistant treasurer); Namita Parmar (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Subhash and Promila Jhamb Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 835413899RR0001), or read how we compute the receipt.