The Zhubin Foundation
Private foundation · Montreal, Quebec · BN 889288502RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,898,904) as filed with the CRA.
The Zhubin Foundation is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.4M in revenue and $1.9M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 7% 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 83% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group.
As a grantmaker, it reported gifts to 7 qualified donees totalling $1.8M in 2024, the largest being $1.3M to Les Amis de la Santé Mentale (Banlieue Ouest). Revenue has grown substantially over its filings on record here, from $66K in 2020 to $1.4M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
1) Received and considered numerous applications for funding 2) Received donations from founding family and 3rd party friends/acquaintances 3) Effected 7 grants to 7 donees 4) Conducted follow-up meetings and correspondence with all prior years' grantees to monitor actual use of grants
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.9M | $26K | $0 | $1.8M | $6.6M |
| 2023 | $1.1M | $303K | $0 | $0 | $275K | $7.1M |
| 2022 | -$297K | $240K | $0 | $0 | $215K | $6.3M |
| 2021 | $3.5M | $192K | — | — | $168K | $6.8M |
| 2020 | $66K | $137K | -$2 | $0 | $120K | $3.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.8M to 7 qualified donees:
- Les Amis de la Santé Mentale (Banlieue Ouest)$1.3M
- École Secondaire Loyola/loyola High School$188K
- La fondation de l'hôpital de montréal pour enfants/The Montréal Children's Hospital Foundation$150K
- Douglas mental health university institute foundation$115K
- C.a.r.e. (centre d'Activites Recreatives et Educatives)$45K
- Le Regroupement pour la Trisomie 21$37K
- Parents et amis du bien-etre mental du Sud-Ouest de Montréal$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Katherine Foster (director); Zygmunt Marcinski (secretary-treasurer director); Simin Sarikhani (president director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Zhubin Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889288502RR0001), or read how we compute the receipt.