The Altruly Foundation
Public foundation · Hamilton, Ontario · BN 755780095RR0001 · Community Resource Organizations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($13,232) as filed with the CRA.
The Altruly Foundation is a public foundation based in Hamilton, Ontario, classified by the CRA under community resource organizations. In its fiscal year ending December 31, 2024, it reported $90K in revenue and $13K in expenditures.
Its funding that year was roughly 56% from donations.
Compared with 1,274 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $11K in 2024, the largest being $10K to The Roman Catholic Episcopal Corporation of the Diocese of Hamilton in Ontario. Its filed list of directors and trustees shows 3 names.
In its own words
1. To increase the efficiency and effectiveness of other registered charities through the provision of specialized administrative services including the operation and maintenance of a website for the collection of secure online donations from the public for the purpose of better serving the needs of beneficiaries. 2. To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to qualified donees as defined in subsection 149.1(1) of 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 | $90K | $13K | $0 | $2,232 | $11K | $212K |
| 2023 | $208K | $124 | $24 | — | $100 | $209K |
| 2022 | $250 | $100 | $0 | — | $100 | $1,200 |
| 2021 | $250 | $156 | $0 | — | $100 | $1,106 |
| 2020 | $0 | $148 | $0 | — | $100 | $1,012 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Receipted donations$50,250
- Investment income$40,165
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 $11K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Stevenson (chairman); James McAnanama (director); Dan Priljeva (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Altruly Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 755780095RR0001), or read how we compute the receipt.