T-Gear Foundation
Private foundation · Ottawa, Ontario · BN 801763566RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,082,984) as filed with the CRA.
T-Gear Foundation is a private foundation based in Ottawa, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $845K in revenue and $1.1M 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 66% of peers.
As a grantmaker, it reported gifts to 16 qualified donees totalling $1M in 2024, the largest being $135K to Greater Vancouver Food Bank Society. Revenue has declined over its filings on record here, from $1.9M in 2020 to $845K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To apply income and capital exclusively for charitable purposes - to raise funds that will benefit charitable organizations that further the education of religion - to raise funds that will benefit charitable organizations in works related to the environment
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $845K | $1.1M | — | — | $1M | $26.3M |
| 2023 | $902K | $1.1M | — | — | $1.1M | $26.5M |
| 2022 | $991K | $1.3M | — | — | $1.2M | $26.7M |
| 2021 | $2.5M | $527K | — | — | $477K | $27.1M |
| 2020 | $1.9M | $1.6M | — | — | $1.6M | $25M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1M to 16 qualified donees:
- Greater Vancouver Food Bank Society$135K
- The Downtown Eastside Women's Centre Association$120K
- Union Gospel Mission$100K
- The Dena Kayeh Institute$100K
- Pembina Institute for Appropriate Development$70K
- CANADIAN PARKS AND WILDERNESS SOCIETY/La Société pour la nature et les parcs du Canada$65K
- Indspire$60K
- CANADIAN PARKS AND WILDERNESS SOCIETY/La Société pour la nature et les parcs du Canada$50K
- Parkdale Food Centre$50K
- Ottawa Riverkeeper Inc.$50K
- The Earth Rangers Foundation$50K
- Canadian Parks and Wilderness Society$50K
- Birken Forest Buddhist Monastery$40K
- The Ottawa Mission$30K
- Island Nature Trust$30K
- The Nature Conservancy of Canada$25K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Lookman (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from T-Gear Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 801763566RR0001), or read how we compute the receipt.