The Great Gulf Homes Charitable Foundation
Private foundation · Toronto, Ontario · BN 123813800RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,323,050) as filed with the CRA.
The Great Gulf Homes Charitable 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 $1.3M in revenue and $1.3M in expenditures.
Its funding that year was roughly 98% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 86% of peers.
As a grantmaker, it reported gifts to 17 qualified donees totalling $1.3M in 2024, the largest being $500K to United Jewish Appeal of Greater Toronto. Revenue has declined over its filings on record here, from $2.2M in 2020 to $1.3M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Provide financial assistance to qualified donees in worthy charitable activities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.3M | — | — | $1.3M | $307K |
| 2023 | $1.3M | $1.5M | — | — | $1.5M | $308K |
| 2022 | $2.5M | $2.2M | — | — | $2.2M | $474K |
| 2021 | $2M | $2.1M | — | — | $2.1M | $162K |
| 2020 | $2.2M | $2.5M | — | — | $2.5M | $222K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.3M to 17 qualified donees:
- United Jewish Appeal of Greater Toronto$500K
- Sunnybrook Health Sciences Centre Foundation$300K
- H3 Network Media Alliance$184K
- The Governing Council of the University of Toronto$85K
- UHN Foundation$45K
- Daily Bread Food Bank$36K
- The Princess Margaret Cancer Foundation$28K
- The National Council of Jewish Women of Canada Toronto Section$18K
- Limmud FSU Canada$18K
- Kehilla Residential Programme$18K
- Chai Lifeline (canada) Inc.$18K
- United Way of Greater Toronto$16K
- Sinai Health Foundation$10K
- Luso Canadian Charitable Society$10K
- Israel Cancer Research Fund (toronto)$10K
- The George Brown College Foundation$10K
- Makin Foundation$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bruce Freeman (executive vice president); Seymour Joffe (president); Seymour Joffe (treasurer); Elly Reisman (executive vice president); Harry Rosenbaum (secretary); Harry Rosenbaum (chair).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Great Gulf Homes Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 123813800RR0001), or read how we compute the receipt.