Ontario · Registered charity
The Hellenic Initiative Canada
The Hellenic Initiative Canada (Ontario) receives grants from 15 organizations whose Canada Revenue Agency filings report C$202,638 to it, the largest being AQUEDUCT FOUNDATION (C$105,118). 7 of them have funded it in more than one year.
Against its field
The Hellenic Initiative Canada runs a healthier operating margin than half of the 4,360 organizations relieving poverty nonprofits its size.
this organization peer median middle 50% of peers· 4,360 organizations relieving poverty nonprofits $100k–$1M, FY2024
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Toronto Symphony Volunteer Committeelocal
- Vasilios Tsiolis Foundationportfolio match
- Greek Orthodox Archdiocese of Canadaportfolio match
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
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.
100% of The Hellenic Initiative Canada’s revenue is contributions — more reliant on donations than three-quarters of its peers (21% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Who funds it, year by year
2018 → 2023: the base held at 3 funders, grant income fell C$50k → C$8k.
From the CRA filings of The Hellenic Initiative Canada’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.
How concentrated its funding is
The Hellenic Initiative Canada leans on a few funders — its largest provides 52% of grant income and the top three 74%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund The Hellenic Initiative Canada.
Largest funder’s share by year: 2018 50% · 2019 100% · 2020 78% · 2021 51% · 2022 75% · 2023 94% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.
How long its funders stay
29% of The Hellenic Initiative Canada's funders are still giving 3 years after their first grant; 47% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
The Hellenic Initiative Canada draws 86% of its grant income from funders outside Ontario, across 4 regions in all.
In-province vs out-of-province, by year
Funder regions come from each funder’s own filing. C$19k arriving through sponsors registered in 2 regions is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 15 funders put you under-funded among the 400 organizations that share them.
- Toronto Symphony Volunteer CommitteelocalON · funds 2 organizations near you
- Vasilios Tsiolis Foundationportfolio matchits grantees resemble your mission
- Greek Orthodox Archdiocese of Canadaportfolio matchits grantees resemble your mission
- The Peter and Melanie Munk Charitable Foundationportfolio matchits grantees resemble your mission
- The Jeremy & Judith Freedman Family Foundationportfolio matchits grantees resemble your mission
- The Associates of the Toronto Symphony Inc.localON · funds 2 organizations near you
- Gerald Sheff & Shanitha Kachan Family Foundationportfolio matchits grantees resemble your mission
- Prime Quadrant Foundationportfolio matchits grantees resemble your mission
- The Bitove Foundationportfolio matchits grantees resemble your mission
- Myhal Family Foundationportfolio matchits grantees resemble your mission
- Fruit of the Spirit Foundationportfolio matchits grantees resemble your mission
- Gluskin Sheff Foundation for Philanthropyportfolio matchits grantees resemble your mission
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Organizations like The Hellenic Initiative Canada
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
Read directly from this organization’s own T3010 return, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Questions and answers
- Who funds The Hellenic Initiative Canada?
- The Hellenic Initiative Canada (Ontario) receives grants from 15 organizations whose Canada Revenue Agency filings report C$202,638 to it, the largest being AQUEDUCT FOUNDATION (C$105,118). 7 of them have funded it in more than one year.
- How many funders does The Hellenic Initiative Canada have?
- Canada Revenue Agency filings report 15 organizations giving C$202,638 in grants to The Hellenic Initiative Canada, 7 of which have funded it in more than one year.
- Who is the largest funder of The Hellenic Initiative Canada?
- AQUEDUCT FOUNDATION is the largest funder on record, with C$105,118 in grants. The full list of funders is on this page.
- How can an organization like The Hellenic Initiative Canada 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 2017–2024), and the filings of 15 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 September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register