The Aki Latvala Foundation
Public foundation · North York, Ontario · BN 850921529RR0001 · Foundations · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($20,000) as filed with the CRA.
The Aki Latvala Foundation is a public foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending April 30, 2024, it reported $8,736 in revenue and $20K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 1 other registered charity reported granting it a combined $5,000.
Compared with 3,025 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 4 qualified donees totalling $20K in 2024, the largest being $5,000 to Food4Kids Ontario. Revenue has declined over its filings on record here, from $24K in 2020 to $8,736 in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
We support charitable works by making donations to organizations involved in assisting children's causes in memory of the late Aki Latvala.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $8,736 | $20K | — | — | $20K | $26K |
| 2023 | $11K | $20K | — | — | $20K | $28K |
| 2022 | $14K | $3,000 | — | — | $3,000 | $39K |
| 2021 | $8,508 | $14K | — | — | $13K | $28K |
| 2020 | $24K | $15K | — | — | $5,000 | $33K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $20K to 4 qualified donees:
- Food4Kids Ontario$5,000
- Gilda's Club of Toronto$5,000
- Skills for Change of Metro Toronto$5,000
- Dovercourt Boys' & Girls' Club$5,000
Received $5,000 from 1 charity:
- Tippet Foundation$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Clive Elkin; Craig Duff; Treena Gracey; Doug Underhill; Tal Bevan; Simon Elkin.
As listed on its 2024 return.
Check the source
Every figure on this page is from The Aki Latvala Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 850921529RR0001), or read how we compute the receipt.