The Great Potential Foundation
Private foundation · Toronto, Ontario · BN 789506755RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($229,682) as filed with the CRA.
The Great Potential 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 $250K in revenue and $230K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 55% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 3 qualified donees totalling $207K in 2024, the largest being $107K to Charities Aid Foundation Canada. Its filed list of directors and trustees shows 1 name.
In its own words
The great potential foundation promotes the relief of poverty by supporting food bank initiatives and supports other efforts beneficial to the community through grants to social support organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $250K | $230K | — | — | $207K | $10.9M |
| 2023 | $9.9M | — | — | — | — | $9.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $207K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Berkal (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Great Potential Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 789506755RR0001), or read how we compute the receipt.