Charity BreakdownCanadian charity filings, itemized

The Huculak Foundation

Private foundation · North York, Ontario · BN 851418731RR0001 · Foundations · website

Every $100 spentThe Huculak FoundationFiscal year ended December 31, 2024
Gifts to other charities$84
Management & admin$16
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($220,681) as filed with the CRA.

The Huculak Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $96K in revenue and $221K 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 36% of peers.

As a grantmaker, it reported gifts to 13 qualified donees totalling $185K in 2024, the largest being $50K to Ivan Franko Homes. Revenue has declined over its filings on record here, from $174K in 2020 to $96K in 2024. Its filed list of directors and trustees shows 7 names.

In its own words

Receiving bequests and donating to other charitable organizations

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$96K$221K$185K$4.1M
2023$274K$213K$12K$175K$4.3M
2022$65K$132K$125K$4.2M
2021$342K$178K$158K$4.3M
2020$174K$349K$160K$4.6M

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

Private foundation — endowment and payout, December 31, 2024

Held at year end$4.1M$4,130,302 in total assets
Given away$185Kto 13 charities
That is4.5%of what it holds
Where the money came from
  • Investment income$96,168

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, 2024

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

Directors & trustees (2024)

Delores Buka-Huculak (member); George Huculak (president chairman); Samantha Perrin-Dakin (secretary); Michael Wertelecky (director); Christina Wertelecky (director); Roma Huculak (director); Alexander Komarnycky (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Huculak Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 851418731RR0001), or read how we compute the receipt.