The Hermant Family Foundation
Charitable organization · Mississauga, Ontario · BN 888549466RR0001 · Foundations
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($32,259) as filed with the CRA.
The Hermant Family Foundation is a charitable organization based in Mississauga, Ontario, classified by the CRA under foundations. In its fiscal year ending September 30, 2024, it reported $20K in revenue and $32K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 26% of peers.
It reported gifts to 33 qualified donees totalling $24K in 2024, the largest being $2,750 to The Governing Council of the University of Toronto.
In its own words
No actual fund raising activities. The foundation owns a number of stocks and securities and the income from these investments are used to make the donations and cover operating expenses.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $20K | $32K | — | — | $24K | $453K |
| 2023 | $19K | $32K | — | — | $24K | $406K |
| 2022 | -$16K | $32K | — | — | $24K | $436K |
| 2021 | $82K | $32K | $24K | — | $24K | $500K |
| 2020 | -$30K | $33K | $24K | — | $24K | $441K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $24K to 33 qualified donees — largest 25 shown:
- The Governing Council of the University of Toronto$2,750
- Queens Own Rifles$2,000
- Toronto Foundation$2,000
- Music Education Charity of Canada$1,500
- The Hospital for Sick Children Foundation$1,000
- The Stop Community Food Centre$1,000
- Kiwanis Music Festival Association of Greater Toronto$1,000
- Dixon Hall Music School$1,000
- Deseronto Public Library$800
- Toronto Humane Society$750
- South Muskoka Hospital Foundation$750
- Habitat for Humanity Gateway North$750
- Ontario Native Literacy Coalition$750
- Children's Aid Foundation of Canada$500
- University of Waterloo$500
- Ontario SPCA$500
- Make Music Matter Inc.$500
- Lakeridge Health Foundation$500
- Canadian Guide Dogs for the Blind$500
- Canadian Abilities Foundation$500
- Salal Sexual Violence Support Centre Society$400
- The Redwood...For Women and Children Fleeing Abuse$400
- Kids Help Phone / Jeunesse J' Ecoute$400
- Indian Residential School Survivors Society$400
- The Downtown Eastside Women's Centre Association$400
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from The Hermant Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888549466RR0001), or read how we compute the receipt.