The Rana Family Charitable Foundation
Private foundation · Toronto, Ontario · BN 735543894RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($515,378) as filed with the CRA.
The Rana Family Charitable 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 $1.3M in revenue and $515K in expenditures.
Its funding that year was roughly 71% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 69% of peers.
Revenue has grown substantially over its filings on record here, from $51K in 2020 to $1.3M in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
Raise funds from investments held in canadian financial institutions
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $515K | — | — | $484K | $5.7M |
| 2023 | $818K | $102K | — | — | $86K | $3.7M |
| 2022 | $819K | $70K | — | — | $61K | $3M |
| 2021 | $1.5M | $16K | — | — | $15K | $0 |
| 2020 | $51K | — | — | — | — | $795K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$932,105
- Investment income$327,800
- Other income$50,601
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.
Directors & trustees (2023)
Rizwan Rana (director).
As listed on its 2023 return.
Check the source
Every figure on this page is from The Rana Family Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 735543894RR0001), or read how we compute the receipt.