Charity BreakdownCanadian charity filings, itemized

The Helderleigh Foundation

Private foundation · North York, Ontario · BN 856285531RR0001 · Support of Schools and Education · website

Every $100 spentThe Helderleigh FoundationFiscal year ended November 30, 2021
Gifts to other charities$50
Charitable programs$35
Management & admin$15
TOTAL$100
Registered

Source: T3010 return, FPE 2021-11-30. Split of total expenditures ($1,680,881) as filed with the CRA.

The Helderleigh Foundation is a private foundation based in North York, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending November 30, 2021, it reported $487K in revenue and $1.7M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 1,524 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 57% of peers.

As a grantmaker, it reported gifts to 15 qualified donees totalling $849K in 2021, the largest being $300K to University of Guelph. Its filed list of directors and trustees shows 6 names.

The ledger, 20202021

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2021$487K$1.7M$585K$849K$18.4M
2020$3.6M$1.7M$1.5M$17.3M

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

Private foundation — endowment and payout, November 30, 2021

Held at year end$18.5M$18,494,674 in total assets
Given away$849Kto 15 charities
That is4.6%of what it holds
Where the money came from
  • Investment income$436,186

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

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

Directors & trustees (2021)

Llewellyn Smith (cahirman and president); Susan Smith (vp and secretary); Cara Rosenbloom (director); Russell Souza (director); Mritunjay Sinha (director); Arie Opps (director).

As listed on its 2021 return.

Check the source

Every figure on this page is from The Helderleigh Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 856285531RR0001), or read how we compute the receipt.