HBNG Charitable Foundation
Private foundationFoundations·161 TRADE VALLEY DR · WOODBRIDGE, ON · L4H 3N6·BN 738199280RR0001
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.
This charity filed the simplified return, so some figures can't be computed. Fewer numbers, never invented ones.
What it does — in its own words
Ongoing programs
The HBNG Charitable Foundation (the 'Foundation') will make grants to qualified donees under the Income Tax Act (Canada). Particularly (though not limited to) the Foundation intends to grant funds annually to qualified donees who support the areas of health social services religion and education. The Foundation also intends to support qualified donees who are working to make communities viable sustainable economically workable and desirable for all residents. The Foundation Has Provided Grants To Mackenzi Health Foundation And Intends To Continue Doing So On An Annual Basis. This year the … Show more
The HBNG Charitable Foundation (the 'Foundation') will make grants to qualified donees under the Income Tax Act (Canada). Particularly (though not limited to) the Foundation intends to grant funds annually to qualified donees who support the areas of health social services religion and education. The Foundation also intends to support qualified donees who are working to make communities viable sustainable economically workable and desirable for all residents. The Foundation Has Provided Grants To Mackenzi Health Foundation And Intends To Continue Doing So On An Annual Basis. This year the Foundation provided donations to others such as UHN Foundation Maccabi Canada and Kayla's Children Centre
New programs
This year the Foundation provided donations to others such as Sunnybrook Foundation Pickering College and The Angel Foundation.
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)94%
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)—
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)—
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)$334K
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, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-12-31 | $300K | — | — | — |
| 2020-12-31 | $3.1M | — | 100% | — |
| 2021-12-31 | — | — | 100% | — |
| 2022-12-31 | — | — | 100% | — |
| 2023-12-31 | $5.0M | — | 100% | — |
| 2024-12-31 | $334K | — | — | — |
| 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
3 directors reported · 0 of 3at arm's length
- D'Angelo, JohnDirectornot at arm's length
- Maio, GiuseppeDirectornot at arm's length
- Memme, ClaudioDirectornot at arm'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
This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.
Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗