The Lucky Bean Foundation
Private foundation · Toronto, Ontario · BN 710549304RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,015,499) as filed with the CRA.
The Lucky Bean Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $5.1M in revenue and $1M in expenditures.
Its funding that year was roughly 101% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 95% of peers.
As a grantmaker, it reported gifts to 12 qualified donees totalling $1M in 2024, the largest being $250K to Alpine Canada. Revenue has grown substantially over its filings on record here, from $967K in 2022 to $5.1M in 2024.
In its own words
To receive and maintain funds and apply all or part of the principal and income to qualified donees as identified in subsection149.1(1) of the Income Tax Act (Canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.1M | $1M | — | — | $1M | $5.4M |
| 2023 | $1.8M | $1M | — | — | $1M | $1.2M |
| 2022 | $967K | $501K | — | — | $501K | $465K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1M to 12 qualified donees:
- Alpine Canada$250K
- The Princess Margaret Cancer Foundation$200K
- Dalhousie University$130K
- Fondation du Centre universitaire de santé McGill McGill University Health Centre Foundation$75K
- Council for Canadian American Relations$60K
- Renascent Foundation Inc.$50K
- The Nature Trust of New Brunswick Inc./la Fondation pour la Protection des Sites Naturels de Nouveau-Brunswick Inc.$50K
- Making Art Making Change$50K
- Camphill Foundation Canada$50K
- Brigadoon Children's Camp Society$50K
- University of Toronto Community Radio Inc.$40K
- UHN Foundation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from The Lucky Bean Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 710549304RR0001), or read how we compute the receipt.