Charity BreakdownCanadian charity filings, itemized

The Bulmash-Siegel Private Foundation

Private foundation · Toronto, Ontario · BN 728167131RR0001 · Foundations

Every $100 spentThe Bulmash-Siegel Private FoundationFiscal year ended December 31, 2024
Gifts to other charities$95
Other$5
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($401,855) as filed with the CRA.

The Bulmash-Siegel Private Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $168K in revenue and $402K 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 68% of peers.

As a grantmaker, it reported gifts to 30 qualified donees totalling $383K in 2024, the largest being $50K to Canadian Foundation for Children Youth and the Law Inc.. Its filed list of directors and trustees shows 2 names.

In its own words

To give money to qualified donees as such term is defined under the income tax act (canada) as charitable donations to be used for charitable purposes

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$168K$402K$383K$1.1M
2023$1.3M$315K$307K$1.4M
2022$203K$233K$223K$402K
2021$433K$164K$157K$432K
2020$177K$14K$163K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$1.1M$1,141,075 in total assets
Given away$383Kto 30 charities
That is33.6%of what it holds
Where the money came from
  • Investment income$162,535
  • Receipted donations$5,000

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Laurence Siegel (trustee); Judith Siegel (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Bulmash-Siegel Private Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 728167131RR0001), or read how we compute the receipt.