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Inspirit Foundation

Public foundationSupport of religion·314-180 SHAW ST · TORONTO, ON · M6J 2W5·BN 119286748RR0001·website ↗

Last reported: F2024 filing · period ending 2024-12-31

This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.

What it does — in its own words

Ongoing programs

WE PROMOTE INCLUSION AND PLURALISM THROUGH MEDIA AND ARTS SUPPORT FOR YOUNG CONTENT CREATORS AND IMPACT INVESTING - SPECIFICALLY ADDRESSING DISCRIMINATION BASED ON ETHNICITY RACE OR RELIGION.

Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗

Tier 1 — what we computed (open data)

From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.

Disbursed to qualified donees

T1 · computed (open data)

38%

Per its F2024 T3010, this share of total spending went to other registered charities.

T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗

Operating overhead

T1 · computed (open data)

33%

Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.

T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗

Reserves

T1 · computed (open data)

30.4 yr

Years current reserves could cover program spending.

Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗

Total revenue

T1 · computed (open data)

$3.4M

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

0%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

0%

Share of revenue from federal, provincial, and municipal sources.

T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Over the years

Every figure as filed at each fiscal period end, 20192024.

Period endRevenueCents to causeOverheadReserves
2019-12-31$5.6M51¢34%65 yr
2020-12-31$6.1M54¢30%65 yr
2021-12-31$3.6M28¢15%62.5 yr
2022-12-31$723K18¢9%36.2 yr
2023-12-31$5.0M61¢31%34.2 yr
2024-12-31$3.4M56¢33%30.4 yr
trend

From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Board of directors

13 directors reported · 12 of 13at arm's length

  • VALMARY, JULIENDIRECTORarm's length
  • AHMED, SHAMASECRETARY/TREASURERarm's length
  • DUALEH, SAGALDIRECTOR
  • MCKENZIE, CHERYLDIRECTORarm's length
  • ADJETEY, WENDELLDIRECTORarm's length
  • SAAD, LAYLADIRECTORarm's length
  • NG, SALLYDIRECTORarm's length
  • IRVINE, DEBORAHVICE-CHAIRarm's length
  • LOUTFI, CAROLYNDIRECTORarm's length
  • HUQUE, MOHAMEDDIRECTORarm's length
Show all 13 directors
  • MCCANN, ALEXANDRASECRETARY/TREASURERarm's length
  • CHAN, JAMESBOARD CHAIRarm's length
  • MATTAR, PACINTHEDIRECTORarm's length

From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗

Right of reply

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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗