Canadian Children's Literacy Foundation
Public foundation · Toronto, Ontario · BN 714760923RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($2,180,369) as filed with the CRA.
Canadian Children's Literacy 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 $2.2M in revenue and $2.2M in expenditures.
Its funding that year was roughly 10% from government, 52% from other charities. In 2024, 15 other registered charities reported granting it a combined $1.2M.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% of peers. Its fundraising cost per donated dollar was higher than 98% of that peer group. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 10 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $1.1M in 2020 to $2.2M in 2024. Its filed list of directors and trustees shows 13 names.
In its own words
The canadian children's literacy foundation's early words/premier mots program connects key professionals with resources and training to help families get their little ones off to a good start on their reading journey. The program collaborates with clinics hospitals and communities to help families build strong early literacy skills and lay a foundation for children to become readers. Early words launched in nunavut in early 2020 and as of june 2024 is operating in 98 healthcare settings in 12 provinces and all 3 territories with plans to further expand nationally. In addition the canadian …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.2M | $2.2M | $1.9M | $143K | — | $322K |
| 2023 | $2.6M | $2.6M | $2.4M | $138K | — | $322K |
| 2022 | $1.1M | $1.4M | $1.1M | $125K | — | $356K |
| 2021 | $1.5M | $1.2M | $945K | $127K | — | $573K |
| 2020 | $1.1M | $1M | $750K | — | — | $254K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1.2M from 15 charities:
- The Waltons Trust$826K
- The Azrieli Foundation$100K
- The Canadian Red Cross Society$97K
- The Rotary Club of Calgary - Community Service Fund$40K
- Black Health Alliance$40K
- Canadahelps Canadon$26K
- Canadahelps Canadon$26K
- PayPal Giving Fund Canada$5,890
- Charitable Gift Funds Canada Foundation$5,000
- Canadian Online Giving Foundation$3,467
- Han & Sun Family Foundation$2,500
- Max Bell Foundation$1,700
- BenefAction Foundation$500
- United Way of Calgary and Area$52
- My Tribute Gift Foundation—
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $120,000–159,9991 position
- $80,000–119,9993 positions
- $40,000–79,9995 positions
- Permanent full-time positions10
- Total compensation, all staff$1.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Heather Reisman (director); Heather Munroe-Blum (director); Ellis Jacob (director); Maryanne Wolf (director); Jordan Banks (director); Alika Lafontaine (director); David Walmsley (director); Peter Mansbridge (director); Chris Hadfield (director); Deepak Kaura (director); Konata Lake (director); Daniela O'Neill (director); Louise Dennys (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canadian Children's Literacy Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 714760923RR0001), or read how we compute the receipt.