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.
Private foundation — endowment and payout, December 31, 2024
- From other charities$9,550,000
- Receipted donations$6,803,980
- Other gifts$1,094,370
- Other income$178,935
- Investment income$50,231
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
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.