The Kelson Family Foundation
Private foundation · Sharon, Ontario · BN 827653635RR0001 · Foundations
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($189,697) as filed with the CRA.
The Kelson Family Foundation is a private foundation based in Sharon, Ontario, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $37K in revenue and $190K 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 7% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $66K in 2024, the largest being $38K to ST. Andrew's College Foundation. Revenue has grown substantially over its filings on record here, from $13K in 2020 to $37K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Activity started in march 2024 with the purpose of donating to qualified donors. This continued in fiscal 2024.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $37K | $190K | — | — | $66K | $912K |
| 2023 | -$65K | $101K | — | — | $101K | $1.1M |
| 2022 | $7,004 | $60K | — | — | $60K | $1.2M |
| 2021 | $16K | $75K | — | — | $75K | $1.1M |
| 2020 | $13K | $24K | — | — | $24K | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, February 28, 2024
- Investment income$36,581
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 $66K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Joshua Kelson; Danielle Kelson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Kelson Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827653635RR0001), or read how we compute the receipt.