Vasilios Tsiolis Foundation
Public foundation · Montreal, Quebec · BN 865809198RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($28,755) as filed with the CRA.
Vasilios Tsiolis Foundation is a public foundation based in Montreal, Quebec, classified by the CRA under support of schools and education. In its fiscal year ending October 31, 2024, it reported $20K in revenue and $29K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 28% of peers.
As a grantmaker, it reported gifts to 14 qualified donees totalling $22K in 2024, the largest being $5,000 to Hellenic Heritage Fund. Revenue has declined over its filings on record here, from $127K in 2020 to $20K in 2024.
In its own words
Elimination of poverty in canada and elsewhere in the world providing support and materials to advance education in canada providing support to the canadian youth athletes promote health and education in canada and elsewhere
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $20K | $29K | — | — | $22K | $414K |
| 2023 | $31K | $86K | — | — | $79K | $422K |
| 2022 | $26K | $86K | — | — | $78K | $477K |
| 2021 | $23K | $87K | — | — | $78K | $537K |
| 2020 | $127K | $245K | — | — | $235K | $601K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $22K to 14 qualified donees:
- Hellenic Heritage Fund$5,000
- Hellenic Scholarships Foundation$2,500
- Global Change for Children Society$2,000
- Hellenic Community of Greater Montreal$2,000
- Lyceum of greek women of Montréal / Lykeion Hellinidon tou Montréal$1,500
- Hellenic Appeal Foundation$1,000
- Ahepa Family Charitable Foundation of Canada$1,000
- VMC Monastery Foundation$1,000
- Société d'entraide des femmes Grecque$1,000
- Fondation Cité de la Santé$1,000
- Communaute Grecque Orthodoxe de la Region Ouest de Mtl/greek Orth Community of Mont W Isla$1,000
- Filia Foundation$1,000
- The Socrates Educational Foundation/la Fondation Educationnelle Socrate$1,000
- Hellenic Home for the Aged Inc.$500
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Vasilios Tsiolis Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 865809198RR0001), or read how we compute the receipt.