Ydessa Hendeles Art Foundation
Private foundation · Toronto, Ontario · BN 124461054RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,771,157) as filed with the CRA.
Ydessa Hendeles Art 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 $11K in revenue and $1.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 50% of peers. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 3 permanent full-time positions.
Revenue has declined over its filings on record here, from $4.7M in 2020 to $11K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The primary purpose of the charity is to cultivate and advance the cause of contemporary visual arts in canada and to conduct programs of education in the origin development aprpeciation and techniques of art
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11K | $1.8M | $1.6M | — | — | $9.3M |
| 2023 | $113K | $1.6M | $1.5M | — | — | $11.1M |
| 2022 | $3.2M | $1.3M | $1.2M | — | — | $12.5M |
| 2021 | $6M | $1.3M | $1.2M | — | — | $10.6M |
| 2020 | $4.7M | $1.3M | $1.2M | — | — | $5.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $80,000–119,9991 position
- $40,000–79,9991 position
- Permanent full-time positions3
- Total compensation, all staff$403K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Ydessa Hendeles (president); Ronald Appleby (secretary/treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Ydessa Hendeles Art Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 124461054RR0001), or read how we compute the receipt.