The Khandelwal Foundation
Private foundation · Oakville, Ontario · BN 820603272RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,023) as filed with the CRA.
The Khandelwal Foundation is a private foundation based in Oakville, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $9,180 in revenue and $3,023 in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 72% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $3,000 in 2024, the largest being $2,000 to University of Saskatchewan. Revenue has declined over its filings on record here, from $29K in 2020 to $9,180 in 2024.
In its own words
The charity is a private foundation and was registered in 2006. Realized income from the collected funds are used to award scholarships to students in public schools and the university and humanitarian purposes ( support and services to charitable sectors cultural centres and associations to other qualified donee ). All of this is done as per guidelines by cra.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9,180 | $3,023 | — | — | $3,000 | $76K |
| 2023 | $4,352 | $2,023 | — | — | $2,000 | $70K |
| 2022 | -$5,462 | $1,075 | — | — | $1,000 | $67K |
| 2021 | $11K | $2,023 | — | — | $2,000 | $74K |
| 2020 | $29K | $27K | — | — | $27K | $65K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3,000 to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from The Khandelwal Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 820603272RR0001), or read how we compute the receipt.