The Abe and Elsie Posluns Family Foundation
Private foundation · Toronto, Ontario · BN 119211027RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($116,868) as filed with the CRA.
The Abe and Elsie Posluns Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $139K in revenue and $117K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 22% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $80K in 2024, the largest being $25K to Forever Chai Foundation of Canada.
In its own words
To receive and maintain a fund or funds and to apply all or part of the original principal and income therefrom from time to time to registered charities that are qualified donees under the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $139K | $117K | — | — | $80K | $937K |
| 2023 | -$49K | $146K | — | — | $110K | $915K |
| 2022 | $77K | $161K | — | — | $125K | $1.1M |
| 2021 | $161K | $192K | — | — | $157K | $1.2M |
| 2020 | -$75K | $98K | — | — | $81K | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Other income$83,715
- Investment income$48,003
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 $80K to 8 qualified donees:
- Forever Chai Foundation of Canada$25K
- Sinai Health Foundation$25K
- United Jewish Appeal of Greater Toronto$12K
- Beth Tzedec Congregation$10K
- The Baycrest Centre Foundation$5,000
- Canadian Opera Company$1,250
- Institute for Advanced Judaic Studies$1,000
- Eli's Place Residential Treatment and Transition Centre$500
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from The Abe and Elsie Posluns Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119211027RR0001), or read how we compute the receipt.