The Kololian Foundation
Private foundation · Toronto, Ontario · BN 890864572RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2023-12-31. Split of total expenditures ($284,465) as filed with the CRA.
The Kololian Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2023, it reported $324K in revenue and $284K in expenditures.
Its funding that year was roughly 31% from donations, 23% from other charities. In 2024, 1 other registered charity reported granting it a combined $37K.
Compared with 1,733 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 50% of peers.
Revenue has declined over its filings on record here, from $617K in 2020 to $324K in 2023. Its filed list of directors and trustees shows 4 names.
The ledger, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $324K | $284K | — | — | $238K | $2.8M |
| 2022 | $461K | $430K | — | — | $374K | $2.8M |
| 2021 | $51K | $518K | — | — | $473K | $2.8M |
| 2020 | $617K | $443K | — | — | $239K | $3.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $37K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Vahan Kololian (president); Dundee Staunton (director); John Monahan (director); Kathleen Vesely (secretary).
As listed on its 2023 return.
Check the source
Every figure on this page is from The Kololian Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890864572RR0001), or read how we compute the receipt.