The Naim S. Mahlab Foundation
Private foundation · Montreal, Quebec · BN 784998098RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($456,931) as filed with the CRA.
The Naim S. Mahlab Foundation is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $197K in revenue and $457K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% of peers. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 3 qualified donees totalling $250K in 2024, the largest being $100K to Concordia University-Universite Concordia. Revenue has grown substantially over its filings on record here, from $62K in 2020 to $197K in 2024. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $197K | $457K | — | — | $250K | $5.1M |
| 2023 | $198K | $213K | — | — | $50K | $5.1M |
| 2022 | $120K | $347K | — | — | $175K | $5.1M |
| 2021 | $58K | $150K | — | — | — | $5.4M |
| 2020 | $62K | $347K | — | — | $201K | $5.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$188,584
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 $250K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions1
- Total compensation, all staff$155K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Edith Moliere (vice president); Tikva Mahlab (president); Hanna Mahlab (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Naim S. Mahlab Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 784998098RR0001), or read how we compute the receipt.