The Holgan88 Foundation
Private foundation · Toronto, Ontario · BN 770892503RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($17,675) as filed with the CRA.
The Holgan88 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 $1.1M in revenue and $18K in expenditures.
Its funding that year was roughly 94% from other charities. In 2024, 1 other registered charity reported granting it a combined $400K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 53% 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 24 qualified donees totalling $16K in 2024, the largest being $1,000 to United Way of Greater Toronto. Revenue has grown substantially over its filings on record here, from $250K in 2022 to $1.1M in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The holgan88 foundation has established an initial fund to apply all or part of the principal and income therefrom time to time to qualified donees as defined in the Income Tax Act (Canada). It is in the continual process of investigating potential qualified donees that it wishes to make gifts to and transfer funds and/or assets to the selected recipients.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $18K | — | — | $16K | $1.7M |
| 2023 | $409K | $19K | — | — | $5,500 | $627K |
| 2022 | $250K | $13K | — | — | $1,000 | $237K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $16K to 24 qualified donees:
- United Way of Greater Toronto$1,000
- The Princess Margaret Cancer Foundation$1,000
- ST. Michael's and Providence Foundation$1,000
- Canadian Opera Company$1,000
- Canada-Ukraine Foundation$1,000
- University of Waterloo$1,000
- Avenue Road Music and Permormance Academy$1,000
- YMCA of Greater Toronto$500
- Women's College Hospital$500
- The Toronto Star Children's Charities$500
- The Salvation Army$500
- Heart and Stroke Foundation of Ontario$500
- Daily Bread Food Bank$500
- Save the Children Canada/aide À l'Enfance Canada$500
- Save Our Scruff - Rehome & Rescue$500
- MS Canada SP Canada$500
- Lifewater Canada$500
- Habitat for Humanity Canada/habitat pour l'Humanité Canada$500
- Georgian Bay Forever$500
- Doctors Without Borders Canada / Medecins Sans Frontieresca Nada$500
- The Canadian Red Cross Society$500
- Kinvia$500
- Canadian Cancer Society$500
- Arthritis Society Canada$500
Received $400K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Wainman Dwight (director); Wainman Maureen (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Holgan88 Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 770892503RR0001), or read how we compute the receipt.