Canada Basketball Foundation
Public foundation · Toronto, Ontario · BN 892546540RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($271,560) as filed with the CRA.
Canada Basketball Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $272K in revenue and $272K in expenditures.
Its funding that year was roughly 43% from donations. In 2024, 6 other registered charities reported granting it a combined $259K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 8% of peers. Its fundraising cost per donated dollar was higher than 76% of that peer group. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 3 qualified donees totalling $21K in 2024, the largest being $10K to Jeunesse au Soleil/sun Youth Organization. Revenue has declined over its filings on record here, from $480K in 2020 to $272K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
The mandate of the canadian basketball foundation is to receive funds and transfer them to canada basketball and/or other similar charities registered under the income tax act that have similar objectives.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $272K | $272K | $13K | $101K | $100K | $13K |
| 2023 | $222K | $301K | $30K | $39K | $212K | $13K |
| 2022 | $220K | $185K | $19K | $52K | $53K | $92K |
| 2021 | $114K | $62K | — | $2,267 | $5,000 | $58K |
| 2020 | $480K | $478K | — | $331K | $143K | $5,952 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, March 31, 2024
- Receipted donations$116,673
- From other charities$7,272
- Investment income$4,687
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $21K to 3 qualified donees:
- Jeunesse au Soleil/sun Youth Organization$10K
- Girls Who LEAP: Lead to Empower & Act with Purpose Society$10K
- Heart & Stroke Foundation of Canada$1,000
Received $259K from 6 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$8,900
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Michael Bartlett (director); Kevin Macdonald (director); Pat Sherlock (director); Sheron Lau (director (chair)); Sumit Arora (director); Megan Pinske (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canada Basketball Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892546540RR0001), or read how we compute the receipt.