The Lawrence and Frances Bloomberg Foundation
Private foundation · Toronto, Ontario · BN 119241693RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($7,793) as filed with the CRA.
The Lawrence and Frances Bloomberg Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $11 in revenue and $7,793 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $212K in 2022, the largest being $212K to United Jewish Appeal of Greater Toronto. Revenue has grown substantially over its filings on record here, from $1 in 2020 to $11 in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Supporting the charitable sector by 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 | $11 | $7,793 | — | — | — | $2.6M |
| 2023 | $7 | $8,779 | — | — | — | $1.8M |
| 2022 | $3 | $220K | — | — | $212K | $1.7M |
| 2021 | $133K | $57K | — | — | $50K | $2M |
| 2020 | $1 | $5,936 | — | — | — | $1.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Granted $212K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lawrence Bloomberg (president & director); Frances Bloomberg (v.p. & director); Jonathan Bloomberg (director); Bonnie Bloomberg (director); Debra Bloomberg Tuchner (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Lawrence and Frances Bloomberg Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119241693RR0001), or read how we compute the receipt.