Charity BreakdownCanadian charity filings, itemized

The Teslia and Turner Family Foundation

Private foundation · Caledon Village, Ontario · BN 801351750RR0001 · Foundations

Every $100 spentThe Teslia and Turner Family FoundationFiscal year ended June 30, 2024
Gifts to other charities$73
Management & admin$27
TOTAL$100
Registered

Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($10,477) as filed with the CRA.

The Teslia and Turner Family Foundation is a private foundation based in Caledon Village, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $59K in revenue and $10K in expenditures.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 25% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.

As a grantmaker, it reported gifts to 5 qualified donees totalling $7,627 in 2024, the largest being $2,577 to H.e.l.p. Honduras Society. Its filed list of directors and trustees shows 3 names.

In its own words

Disburse from time to time all or part of the fund or funds of the foundation or income to or for qualified donees

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$59K$10K$7,627$602K
2023-$46K$16K$12K$554K
2022$7,028$34K$6,800$615K
2021$69K$9,280$6,455$642K
2020-$11K$14K$11K$583K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, June 30, 2024

Held at year end$607K$607,276 in total assets
Given away$7,627to 5 charities
That is1.3%of what it holds
Where the money came from
  • Other income$43,459
  • Investment income$15,206

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Kenneth Teslia (president); Valerie Teslia (secretary); Jim Houston (treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Teslia and Turner Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 801351750RR0001), or read how we compute the receipt.