Charity BreakdownCanadian charity filings, itemized

The G.F.Foundation

Private foundation · Markham, Ontario · BN 852761725RR0001 · Foundations

Every $100 spentThe G.F.FoundationFiscal year ended December 31, 2024
Gifts to other charities$99
Management & admin$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($700,596) as filed with the CRA.

The G.F.Foundation is a private foundation based in Markham, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $581K in revenue and $701K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Its funding that year was roughly 50% from donations.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 85% of peers.

As a grantmaker, it reported gifts to 16 qualified donees totalling $696K in 2024, the largest being $255K to United Jewish Appeal of Greater Toronto. Its filed list of directors and trustees shows 5 names.

In its own words

Funding other registered canadian charities

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$581K$701K$696K$861K
2023$886K$554K$547K$980K
2022$322K$536K$532K$648K
2021$961K$896K$889K$863K
2020$472K$675K$671K$797K

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$864K$864,293 in total assets
Given away$696Kto 16 charities
That is80.5%of what it holds
Where the money came from
  • Receipted donations$293,023
  • Investment income$48,157

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)

Herman Grad (trustee); Marya Grad (trustee); Dalia Grad (trustee); Rachael Grad (trustee); Jennifer Grad (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from The G.F.Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 852761725RR0001), or read how we compute the receipt.