The Marlin Spring Foundation
Private foundation · Toronto, Ontario · BN 810424127RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($228,681) as filed with the CRA.
The Marlin Spring 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 $179K in revenue and $229K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 98% from donations. In 2024, 2 other registered charities reported granting it a combined $80K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers.
As a grantmaker, it reported gifts to 17 qualified donees totalling $137K in 2024, the largest being $42K to Move MSF Ob to New Coa. Revenue has declined over its filings on record here, from $406K in 2020 to $179K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To receive and maintain fund(s) and to donate all or part of the principal and income therefrom from time to time to charitable organizations that are also registered charities and to qualified donees under 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 | $179K | $229K | — | — | $137K | -$62K |
| 2023 | $67K | $116K | — | — | $113K | -$12K |
| 2022 | $91K | $114K | — | — | $101K | $37K |
| 2021 | $151K | $75K | — | — | $68K | $66K |
| 2020 | $406K | $260K | — | — | $179K | -$3,551 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $137K to 17 qualified donees:
- Move MSF Ob to New Coa$42K
- Kollel Daf Yomi Institute$18K
- Tau Canada$17K
- Jewish Heritage Foundation$10K
- Alzheimer Society of Toronto$10K
- Yeshiva Yesodei Hatorah$9,000
- Bais Yaakov Elementary School$6,250
- Bais Yaakov Elementary School$6,250
- Talmudical Yeshiva of Philadelphia$5,000
- Blu Genes Foundation$5,000
- Blu Genes Foundation$5,000
- Toronto Care Fund$2,500
- Jacs Toronto$1,000
- Kehilla Residential Programme$500
- Mackenzie Health Foundation$500
- Parkinson Canada$250
- Jewish Heritage Foundation of Canada - Reverse/void 12/(...)-$1,000
Received $80K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Benjamin Bakst (president); Elliot Kazarnosky (treasurer); Abraham Mandelbaum (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Marlin Spring Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 810424127RR0001), or read how we compute the receipt.