Alma Children's Education Foundation
Publicly funded institution · Toronto, Ontario · BN 843496654RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($344,079) as filed with the CRA.
Alma Children's Education Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $431K in revenue and $344K in expenditures.
Its funding that year was roughly 37% from donations, 16% from other charities. In 2024, 9 other registered charities reported granting it a combined $180K.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 77% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 1 permanent full-time position.
Revenue has grown substantially over its filings on record here, from $286K in 2020 to $431K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Alma children's education foundation (alma) is a registered canadian charity based in toronto. The organization's mission is to make positive change in the lives of latin american children. Alma uses a microphilanthropic model partnering with local social entrepreneurs on small high scoail return grassrotts education initiatives. Funds are invested consistent with our guiding principles to maximize social return on capital. Alma is supporting several ongoing initiatives in peru and bolivia that align with it above-noted mission and strategy
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $431K | $344K | $328K | $11K | — | $1.1M |
| 2023 | $400K | $394K | $387K | — | — | $981K |
| 2022 | $593K | $642K | $624K | $9,671 | — | $975K |
| 2021 | $508K | $581K | $559K | — | — | $1M |
| 2020 | $286K | $483K | $470K | — | — | $1.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $180K from 9 charities:
- The Pindoff Family Charitable Foundation$50K
- Canadian Online Giving Foundation$32K
- Canadahelps Canadon$31K
- Canadahelps Canadon$31K
- Fellowship of Man Charitable Foundation$25K
- The George Cedric Metcalf Charitable Foundation$7,500
- GiftPact Foundation Inc.$2,000
- Charitable Gift Funds Canada Foundation$1,000
- United Way of the Alberta Capital Region$166
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- Permanent full-time positions1
- Total compensation, all staff$64K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Alan Harman (president); Michael McCarthy (vp director); Laura Gini-Newman (director); Sandy Houston (director); Robert Djurfeldt (director); Garfield Gini-Newman (director); Ana Maria Villaran (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Alma Children's Education Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 843496654RR0001), or read how we compute the receipt.