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Ontario · Registered charity

Klass Foundation

Klass Foundation (Ontario) receives grants from 1 organization whose Canada Revenue Agency filings report C$10,238,359 to it, the largest being AQUEDUCT FOUNDATION (C$10,238,359). 0 of them have funded it in more than one year.

Revenue FY2024
C$686k
Funders on record
1
Grants received
C$10M
Net assets
—
0/1 repeat fundersgrants exceed reported revenue in one year
01What it does

What Klass Foundation does

Ongoing programs

To receive and maintain a fund or funds and apply all or part of the principal and income therefrom from time to time for exclusively charitable purposes by making donations to charitable organizations that are also registered charities under the income tax act including but not limited to those charitable organizations that promote health and / or the advancement of education.

As stated on its FY2024 T3010.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 2022 Revenue 100 (C$178k) Expenses 100 (C$620k)2023 Revenue 597 (C$1.1M) Expenses 122 (C$757k)2024 Revenue 386 (C$686k) Expenses 137 (C$850k)
2021202220232024
Revenue (386)Expenses (137)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from C$9.7M to C$11M (+11%).

C$9.5M
C$9.7M
C$11M
202220232024
Total assets

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of Klass Foundation’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 2,134 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

’21
−C$442k
’22
C$303k
’23
−C$164k
’24
0.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2021202220232024
Listed2222
Joined····
No longer listed····
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
C$10M
funders
1

From the CRA filings of Klass Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

Where its funders are

Klass Foundation draws 100% of its grant income from funders outside Ontario, across 1 region in all.

Funder regions come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

04Its place in the field

Against its field

Klass Foundation has grown faster than three-quarters of the 2,747 foundations nonprofits its size.

Operating margin−24% · bottom quartile
Months of reserve0.1mo · bottom quartile
Revenue growth (annualized)97% · top quartile

this organization peer median middle 50% of peers· 2,747 foundations nonprofits $100k–$1M, FY2024

Organizations like Klass Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Ontario

Nationally

05Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 12%Fundraising 0%

Governance

2
board members

Questions and answers

Who funds Klass Foundation?
Klass Foundation (Ontario) receives grants from 1 organization whose Canada Revenue Agency filings report C$10,238,359 to it, the largest being AQUEDUCT FOUNDATION (C$10,238,359). 0 of them have funded it in more than one year.
How many funders does Klass Foundation have?
Canada Revenue Agency filings report 1 organization giving C$10,238,359 in grants to Klass Foundation.
Who is the largest funder of Klass Foundation?
AQUEDUCT FOUNDATION is the largest funder on record, with C$10,238,359 in grants. The full list of funders is on this page.
How can an organization like Klass Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · View the T3010 on the CRA register