The Panikkar Family Foundation
Private foundation · Toronto, Ontario · BN 838756245RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($71,943) as filed with the CRA.
The Panikkar Family 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 $133K in revenue and $72K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 34% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $56K in 2024, the largest being $15K to ST. John Council for Ontario. Revenue has grown substantially over its filings on record here, from $47K in 2020 to $133K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Ongoing donation programs the trustees shall maintain manage and invest the trust fund and apply from time to time all or part of the capital thereof and/or the income derived therefrom as determined in their sole discretion in furtherance of the objects of the trust including without limiting the generality of the foregoing by means of distributions of capital of the trust fund and/or the income derived therefrom from time to time to one or more qualified donees whose objects are exclusively charitable as determined by the trustees in their sole discretion providing that in exercisin…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $133K | $72K | — | — | $56K | $1.2M |
| 2023 | $43K | $43K | — | — | $33K | $1.1M |
| 2022 | $107K | $60K | — | — | $50K | $1.1M |
| 2021 | $87K | $50K | — | — | $40K | $1.1M |
| 2020 | $47K | $60K | — | — | $50K | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $56K to 6 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
John Stephen Panikkar (settlor); John Stephen Panikkar (trustee); Elaine Agnes Panikkar (trustee); Brendan John Panikkar (trustee); Evan Clayton Panikkar (trustee); Kenna Panikkar (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Panikkar Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 838756245RR0001), or read how we compute the receipt.