The Walt Family Foundation
Private foundation · Toronto, Ontario · BN 877551812RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($69,900) as filed with the CRA.
The Walt 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 $114K in revenue and $70K in expenditures.
Its funding that year was roughly 61% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $70K in 2024, the largest being $50K to United Jewish Appeal of Greater Toronto. Revenue has declined over its filings on record here, from $201K in 2020 to $114K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Donations made to various religious social international health and educational programs
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $114K | $70K | — | — | $70K | $890K |
| 2023 | $159K | $121K | — | — | $121K | $846K |
| 2022 | $169K | $66K | — | — | $66K | $808K |
| 2021 | $73K | $66K | — | — | $66K | $704K |
| 2020 | $201K | $64K | — | — | $64K | $697K |
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$69,900
- Investment income$44,415
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 $70K to 7 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Manfred Walt (trustee); Michelle Walt (trustee); Albert Reichmann (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Walt Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 877551812RR0001), or read how we compute the receipt.