Charity BreakdownCanadian charity filings, itemized

The David Kutner Family Foundation

Private foundation · Toronto, Ontario · BN 866890213RR0001 · Foundations

Every $100 spentThe David Kutner Family FoundationFiscal year ended November 30, 2024
Gifts to other charities$64
Management & admin$36
TOTAL$100
Registered

Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($361,145) as filed with the CRA.

The David Kutner 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 $85K in revenue and $361K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Its funding that year was roughly 13% from donations.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 18% of peers.

As a grantmaker, it reported gifts to 27 qualified donees totalling $232K in 2024, the largest being $49K to Diena Charitable Trust. Its filed list of directors and trustees shows 3 names.

In its own words

The foundation provides funds for a variety of religious educational and other charitable purposes generally beneficial to the community at large including the relief of poverty.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$85K$361K$232K$3.3M
2023$187K$447K$333K$3.6M
2022$280K$282K$217K$3.9M
2021$2.4M$231K$213K$3.9M
2020$106K$134K$104K$1.7M

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

Private foundation — endowment and payout, November 30, 2024

Held at year end$5M$5,019,455 in total assets
Given away$232Kto 27 charities
That is4.6%of what it holds
Where the money came from
  • Investment income$150,220
  • Receipted donations$10,801

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)

David Kutner (director); Naomi Kutner (director); Nathan Bleeman (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from The David Kutner Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 866890213RR0001), or read how we compute the receipt.