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Card for Change

Private foundationOrganizations relieving poverty·300 - 6 ADELAIDE ST E · TORONTO, ON · M5C 1H6·BN 796824308RR0001·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

Just as the year before we continue to raise money in order to purchase gift cards. This was our biggest year yet and because of all the support from our donors we were able to provide cards to approximately 40 qualified donees across Canada. The gift cards although seemingly simple are an extremely valued gift for all of our qualified partners. For example 1) We provide Tim Hortons and Dollarama cards to our shelter and outreach partners in cities like Toronto Calgary Vancouver Montreal Ottawa and many other smaller urban centres. These cards give the receiver the ability to go an Show more

Just as the year before we continue to raise money in order to purchase gift cards. This was our biggest year yet and because of all the support from our donors we were able to provide cards to approximately 40 qualified donees across Canada. The gift cards although seemingly simple are an extremely valued gift for all of our qualified partners. For example 1) We provide Tim Hortons and Dollarama cards to our shelter and outreach partners in cities like Toronto Calgary Vancouver Montreal Ottawa and many other smaller urban centres. These cards give the receiver the ability to go an purchase the things they need and they also return dignity back to them by allowing them to go shopping just like everyone else. In addition to this many of the outreach groups have told us that the cards are a way for them to instantly develop a rapport and some trust with the people they are helping. Just a $10 Tim Hortons card can make a huge difference in these people's lives. 2) We provide grocery cards to groups like Homes First in Toronto and many others who get people into more stable housing. These grocery cards are then given to them ideally on a monthly basis to augment the extremely high cost of groceries. 3) We work with programs like Sick Kids Lotus Health Clinic St. Michael's Hospital and Toronto Health so get cards into not only people suffering from poverty but also suffering from serious health issues and vulnerabilities. Since we know that poverty and quality of life/health are inexorably linked. 4) We provide cards to battered women's shelters and single mothers. These cards can be a variety like the ones mentioned over even Cineplex cards Best Buy Walmart and Amazon so that these moms can provide for their children not just basic necessities but also a little bit of the joys life should offer like a movie night (which is way beyond their means these days) or some new tech that would mean the world to their kids. 5) We also conduct our own charitable activities in a very small way but we still like to go out into the streets and hand out cards to the pan-handling segment of the homeless population. This is how we started before we were given the status and to us it is an important thing to continue doing because it makes sure we stay connected to the people.

New programs

Aside some making new relationships with qualified donees we did not do any new programming. Part of the beauty of our charity is that it is so simple and so effective that we don't see any reason to do different programming.

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)

74%

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)

25%

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)

$132K

Last-reported total revenue.

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

Donor-funded

T1 · computed (open data)

13%

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, 20232024.

Period endRevenueCents to causeOverheadReserves
2023-12-31$0K100¢0%
2024-12-31$132K25%
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 · 1 of 3at arm's length

  • Mintz, Evan PPresidentnot at arm's length
  • Abesdris, MarcTreasurerarm's length
  • Mintz, Jesse LSecretarynot 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

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

Card for Change: CRA filing and financial data · Charity Compass