The M.K. Foundation/la Fondation M.K.
Private foundation · Outremont, Quebec · BN 872970603RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($22,597,760) as filed with the CRA.
The M.K. Foundation/la Fondation M.K. is a private foundation based in Outremont, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $17.7M in revenue and $22.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 45% from donations, 54% from other charities. In 2024, 1 other registered charity reported granting it a combined $10.6M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers. Its fundraising cost per donated dollar was lower than 95% of that peer group. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 2 permanent full-time positions.
As a grantmaker, it reported gifts to 66 qualified donees totalling $22.4M in 2024, the largest being $5.5M to Jewish Heritage Foundation of Canada. Revenue has grown substantially over its filings on record here, from $8.1M in 2020 to $17.7M in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To distribute funds to qualified donees as defined in the income tax act (canada)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $17.7M | $22.6M | $105K | $57K | $22.4M | $3.2M |
| 2023 | $19.7M | $322K | — | $43K | — | $8.1M |
| 2022 | $14.5M | $16.4M | — | $46K | $16.3M | $4.5M |
| 2021 | $618K | $304K | — | $54K | — | $6.4M |
| 2020 | $8.1M | $47.2M | — | $109K | $46.5M | $24.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $22.4M to 66 qualified donees — largest 25 shown:
- Jewish Heritage Foundation of Canada$5.5M
- Canadian Friends of Tomchei Dalim$2.9M
- Canadian Friends of Keren Hatzolah$1.9M
- Achim Toronto$1.6M
- Maharam Tav Fund$1.4M
- CF of Yetev Lev$1M
- Canadian Friends of Vaad Harabbanim$766K
- Ohel Chaim Cong$734K
- Kollel Daf Yomi Institute$648K
- VMM Zichron Chaim Charity$559K
- Charity Tsedakah Montreal- Cad$508K
- Keren Hakehilah$506K
- Congrégation et Yechiva Zera Kodesh$485K
- Kehilas Belz$453K
- Academie Beth Esther Inc$406K
- Fondation Diffuser le Soleil$340K
- Mesamchei Lev$324K
- Academie Yeshiva Toras Moshe de Montrea$283K
- Canadian Friends of Soro Bohel$207K
- Satmar Van Horne Jewish Education Centre$200K
- Ezer Lanefesh Foundation$178K
- Mifalei Chaim Bechesed$171K
- Rabinnical College Mesifta Yoel Mosh of$170K
- Eizer Meshilem Feish Association$157K
- Toldas Aharon CF$144K
Received $10.6M from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- $1–39,9991 position
- Permanent full-time positions2
- Total compensation, all staff$62K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Marcos Kohn (president); Esther Eisenberg-Kohn (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from The M.K. Foundation/la Fondation M.K.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 872970603RR0001), or read how we compute the receipt.