Charity BreakdownCanadian charity filings, itemized

The George and Kay Goldlist Family Foundation

Private foundation · Toronto, Ontario · BN 857289334RR0001 · Foundations

Every $100 spentThe George and Kay Goldlist Family FoundationFiscal year ended December 18, 2020
Gifts to other charities$100
TOTAL$100
Registered

Source: T3010 return, FPE 2020-12-18. Split of total expenditures ($5,507,995) as filed with the CRA.

The George and Kay Goldlist Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 18, 2020, it reported $183K in revenue and $5.5M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 2,388 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 90% of peers.

Its filed list of directors and trustees shows 5 names.

In its own words

During the year the foundation made charitable donations to various registered charities.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202020

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2020$183K$5.5M$5.5M$61K

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

Private foundation — endowment and payout, December 18, 2020

Held at year end$67K$66,688 in total assets
Given away$5.5Min gifts to qualified donees
That is8254.1%of what it holds
Where the money came from
  • Investment income$183,388

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, 2021

Received $0 from 1 charity:

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

Directors & trustees (2020)

George Goldlist (director); Tina Goldlist (director & sec/treasurer); Rodeen Stein (vice president); Harley Goldlst (vice president); Harley Goldlist (vice-president).

As listed on its 2020 return.

Check the source

Every figure on this page is from The George and Kay Goldlist Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 857289334RR0001), or read how we compute the receipt.