The Lewis & Ruth Sherman Foundation
Private foundation · Hamilton, Ontario · BN 119242055RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($901,745) as filed with the CRA.
The Lewis & Ruth Sherman Foundation is a private foundation based in Hamilton, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2.9M in revenue and $902K 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 30% of peers.
As a grantmaker, it reported gifts to 18 qualified donees totalling $215K in 2022, the largest being $35K to Crohn's and Colitis Canada / Crohn et Colite Canada. Revenue has grown substantially over its filings on record here, from $1.9M in 2020 to $2.9M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Gifts to qualified donees - fondation exists to provide money to registered charities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $902K | — | — | $696K | $20.5M |
| 2023 | $2.5M | $838K | — | — | $594K | $18M |
| 2022 | -$2.6M | $431K | — | — | $215K | $16.3M |
| 2021 | $2.3M | $966K | — | — | $766K | $19.4M |
| 2020 | $1.9M | $831K | — | — | $664K | $18M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Granted $215K to 18 qualified donees:
- Crohn's and Colitis Canada / Crohn et Colite Canada$35K
- Canadian Centre for Child Protection Inc.$35K
- Seva Canada Society$25K
- MADA Community Center Inc. - Centre communautaire MADA inc.$20K
- Friendship Circle of Québec$15K
- True North Aid$10K
- Sechelt Hospital Foundation Society$10K
- Pacific Assistance Dogs Society$10K
- The Montreal General Hospital Foundation$10K
- Gibsons Wildlife Rehabilitation Centre Society$10K
- The Cedars Cancer Foundation at the McGill University Health Centre$10K
- SPCA Vancouver Hospital Trust Fund$5,000
- Shalem Mental Health Foundation$5,000
- The Ottawa Food Bank/la Banque d'Alimentation d'Ottawa$5,000
- Hamilton Community Foundation$2,500
- Reach Out Centre for Kids Foundation$2,500
- Fora: Network for Change$2,500
- Cameras For Girls$2,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2022)
Ben Gould (director); Kenneth Sherman (director); Paddy Torsney (director).
As listed on its 2022 return.
Check the source
Every figure on this page is from The Lewis & Ruth Sherman Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119242055RR0001), or read how we compute the receipt.