Aurea Foundation
Public foundation · Toronto, Ontario · BN 845833565RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($891,951) as filed with the CRA.
Aurea Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending June 30, 2024, it reported $903K in revenue and $892K in expenditures.
Its funding that year was roughly 100% from donations. In 2024, 5 other registered charities reported granting it a combined $803K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 51% of peers. The charity reported 1 permanent full-time position.
Its filed list of directors and trustees shows 5 names.
In its own words
The foundation was registered to receive and maintain a fund or funds and to pay or apply all or part of the principal and income therefrom from time to time to qualified donees under the income tax act (canada) and to advance education by developing organizing or presenting non-partisan public debates discussion workshops seminars or conferences relating to public policy issues of national and international significance.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $903K | $892K | $743K | — | — | $136K |
| 2023 | $957K | $973K | $748K | — | $108K | $124K |
| 2022 | $627K | $905K | $777K | — | — | $140K |
| 2021 | $17K | $2.4M | $846K | — | $1.5M | $419K |
| 2020 | -$184K | $2.3M | $918K | — | $1.3M | $2.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $803K from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions1
- Total compensation, all staff$110K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Melanie Munk (director); Frank Penny (director); Colin Chapin (director); David Steele (director); Anthony Munk (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Aurea Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 845833565RR0001), or read how we compute the receipt.