The M63 Foundation
Private foundation · North York, Ontario · BN 702200205RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($33,000) as filed with the CRA.
The M63 Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $116K in revenue and $33K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $33K in 2024, the largest being $25K to Forest Brook Bible Chapel. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation's mandate is to receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to charitable organizations that are also registered charities under the ita.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $116K | $33K | — | — | $33K | $83K |
| 2023 | $1,000 | $23 | — | — | — | $977 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $33K to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Shawn Walsh (director); Julie Walsh (director); Jiao Wang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The M63 Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 702200205RR0001), or read how we compute the receipt.