Zwig Family Foundation
Private foundation · Toronto, Ontario · BN 889381463RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($153,961) as filed with the CRA.
Zwig 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 $44K in revenue and $154K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 85% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 62% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $150K in 2024, the largest being $100K to Sinai Health Foundation. Revenue has grown substantially over its filings on record here, from $7,080 in 2020 to $44K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The foundation receives funds and then disburses the funds to qualified donees. See attached financial statements.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $44K | $154K | — | — | $150K | $15K |
| 2023 | $9,644 | $129K | — | — | $125K | $125K |
| 2022 | $6,060 | $24K | — | — | $20K | $245K |
| 2021 | $845K | $773K | — | — | $770K | $263K |
| 2020 | $7,080 | $161K | $51K | — | $100K | $191K |
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$36,917
- Investment income$6,739
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 $150K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$20K
Schedule 3 of its 2020 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Anthony Zwig (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Zwig Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889381463RR0001), or read how we compute the receipt.