The Kavelman-Fonn Foundation
Private foundation · Toronto, Ontario · BN 843174418RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,985,227) as filed with the CRA.
The Kavelman-Fonn 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 $3M in revenue and $2M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 67% of peers.
As a grantmaker, it reported gifts to 17 qualified donees totalling $1.9M in 2024, the largest being $755K to United Jewish Appeal of Greater Toronto. Its filed list of directors and trustees shows 2 names.
In its own words
Activity is restricted to receiving and managing funds for the exclusive purpose of making gifts to qualified donees
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3M | $2M | — | — | $1.9M | $37.1M |
| 2023 | $3.2M | $1.6M | — | — | $1.4M | $36M |
| 2022 | $1.1M | $1.6M | — | — | $1.3M | $34.4M |
| 2021 | $2.4M | $2.3M | — | — | $1.5M | $34.9M |
| 2020 | $2.5M | $2.1M | — | — | $1.2M | $34.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$2,124,230
- Investment income$151,672
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 $1.9M to 17 qualified donees:
- United Jewish Appeal of Greater Toronto$755K
- Golf Canada Foundation$250K
- The Hospital for Sick Children Foundation$200K
- Ronald McDonald House Charities$150K
- The Kenauk Institute$125K
- Jewish Family and Child Service of Greater Toronto$101K
- Sinai Health Foundation$85K
- Campfire Circle Autour du Feu$61K
- Chabad Lubavitch of the Waterloo Region$60K
- North York General Hospital Foundation$25K
- Shelter Movers$12K
- Congregation Habonim of Toronto$10K
- Hamilton Jewish Federation$5,400
- Social Giving Network Inc$5,024
- Israel Cancer Research Fund (toronto)$5,000
- Chai Lifeline (canada) Inc.$3,600
- Canadian Cancer Society$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Dennis Kavelman (director); Karen Fonn (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Kavelman-Fonn Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 843174418RR0001), or read how we compute the receipt.