The Budman Family Foundation
Private foundation · Burlington, Ontario · BN 742594898RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($321,128) as filed with the CRA.
The Budman Family Foundation is a private foundation based in Burlington, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $256K in revenue and $321K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 94% from other charities. In 2024, 1 other registered charity reported granting it a combined $241K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 11 qualified donees totalling $316K in 2024, the largest being $101K to United Jewish Appeal of Greater Toronto. Its filed list of directors and trustees shows 4 names.
In its own words
The foundation operates 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 the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $256K | $321K | $5,068 | — | $316K | $277K |
| 2023 | $350K | $225K | $29K | — | $196K | $343K |
| 2022 | $200K | $221K | $3,677 | — | $217K | $218K |
| 2021 | $0 | $188K | $3,837 | — | $184K | $239K |
| 2020 | $376K | $137K | — | — | $133K | $427K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $316K to 11 qualified donees:
- United Jewish Appeal of Greater Toronto$101K
- Toronto International Film Festival Inc.$60K
- Canadahelps Canadon$50K
- The S. Clair Synagogue$40K
- Artists for Peace and Justice Canada$20K
- Canada's Walk of Fame$18K
- Canadian Friends of the Israel Guide Dog Center for the Blind$12K
- Gilda's Club Greater Toronto$7,500
- Chai Lifeline (canada) Inc.$5,000
- Hadassah-Wizo Organization Of Canada$1,800
- One Family Fund Canada$207
Received $241K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Budman (director); Diane Bald (director); Alex Budman (director); Matthew Budman (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Budman Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 742594898RR0001), or read how we compute the receipt.