The Joseph Parshan Charitable Foundation
Private foundation · Toronto, Ontario · BN 119239903RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($20,793) as filed with the CRA.
The Joseph Parshan Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending July 31, 2024, it reported $20K in revenue and $21K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 76% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $21K in 2024, the largest being $20K to Moral Arc Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
The purpose is to support educational programs private studies and lectures promote archive
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $20K | $21K | — | — | $21K | -$4,442 |
| 2023 | — | $1,083 | — | — | $980 | -$3,649 |
| 2022 | — | $1,286 | — | — | $1,248 | -$43K |
| 2021 | — | $37K | — | — | $37K | -$42K |
| 2020 | — | $1,817 | — | — | $1,793 | -$4,215 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, July 31, 2024
- Receipted donations$20,000
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
Granted $21K to 7 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Joseph Parshan (president); Rachel Parshan (secretary/treasurer); Deena David (vice president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Joseph Parshan Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119239903RR0001), or read how we compute the receipt.