The Noble Hearts Foundation
Public foundation · Toronto, Ontario · BN 834713000RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($14,139) as filed with the CRA.
The Noble Hearts Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $12K in revenue and $14K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 66% from donations, 34% from other charities. In 2024, 1 other registered charity reported granting it a combined $5,534.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 60% of peers.
Its filed list of directors and trustees shows 4 names.
In its own words
The organization endeavours to raise funds through and will distribute those funds to charitable organizations as approved by the organization to support their charitable programs and activities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $12K | $14K | $1,158 | — | $13K | $2,033 |
| 2023 | $16K | $15K | — | — | $15K | $4,121 |
| 2022 | $16K | $18K | — | — | $18K | $3,490 |
| 2021 | $21K | $17K | — | — | $17K | $5,922 |
| 2020 | $16K | $15K | — | — | $15K | $2,104 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Receipted donations$4,293
- From other charities$4,133
- Other gifts$3,625
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
Received $5,534 from 1 charity:
- Canadahelps Canadon$5,534
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Stephen Lautens (president); Stephen Lautens (secretary); Urs Peter Mueller (vp/treasurer); David Douglas (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Noble Hearts Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 834713000RR0001), or read how we compute the receipt.