The David Loeb Foundation
Private foundation · Ottawa, Ontario · BN 892977000RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($23,579) as filed with the CRA.
The David Loeb Foundation is a private foundation based in Ottawa, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $9,013 in revenue and $24K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 47% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $22K in 2024, the largest being $15K to Multifaith Housing Initiative. Revenue has grown substantially over its filings on record here, from $1,930 in 2020 to $9,013 in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Making donations to registered canadian charities or other qualified donees at the director's discretion.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9,013 | $24K | — | — | $22K | $285K |
| 2023 | $8,748 | $55K | — | — | $54K | $299K |
| 2022 | $2,874 | $27K | — | — | $27K | $345K |
| 2021 | $978 | $55K | — | — | $52K | $370K |
| 2020 | $1,930 | $50K | — | — | $49K | $424K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $22K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Kenneth Loeb (director); Arthur Loeb (director); Mitchell Loeb (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The David Loeb Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892977000RR0001), or read how we compute the receipt.