Funders › Canada

Charlotte and Leo Karassik foundation/

Charlotte and Leo Karassik foundation/ is a Canadian private foundation based in Hampstead, Quebec. It reported gifts to qualified donees in each of the last five reporting years, averaging about $960,000 a year, mostly to education, philanthropic and community development organizations in Quebec.

Giving: $100K to $1M a year

Facts

• Reported gifts to qualified donees in each of the last five reporting years, averaging about $960,000 a year. The most recent was 2023, at about $1 million.CRA T3010 charity information returns · 2025-01-31
• Reported 35 gifts in total. The typical gift (median) was about $100,000 and the largest was about $300,000.CRA T3010 charity information returns · 2025-01-31
• Gave to 8 different organizations. The largest recipients by dollars included CUMMINGS JEWISH CENTER FOR SENIORS FOUNDATION, THE SIR MORTIMER B DAVIS JGH FOUNDATION and MCGILL UNIVERSITY.CRA T3010 charity information returns · 2025-01-31
• By dollars, gifts went mostly to education (50%), philanthropic (33%) and community development (17%) organizations, based on each recipient's registered charity category.CRA T3010 charity information returns · 2025-01-31
• By dollars, gifts went to recipients in Quebec (100%).CRA T3010 charity information returns · 2025-01-31
• Describes its charitable programs in its CRA return as: “ITS PURPOSE IS TO RAISE FUNDS WHICH ONCE INVESTED, THE INCOME WILL BE USED TO FUND OTHER QUALIFIED CHARITABLE ORGANIZATIONS.”CRA T3010 charity information returns · 2025-01-31

Sources

CRA T3010 charity information returns. Last updated 2025-01-31.

See something wrong? Tell us.