Canadian Medical Foundation
Charitable organization · Toronto, Ontario · BN 119219327RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,248,485) as filed with the CRA.
Canadian Medical Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $1.9M in revenue and $1.2M in expenditures.
Its funding that year was roughly 15% from donations. In 2024, 4 other registered charities reported granting it a combined $40K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 28% of peers. Its fundraising cost per donated dollar was higher than 78% of that peer group. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 2 permanent full-time positions.
It reported gifts to 109 qualified donees totalling $578K in 2024, the largest being $100K to Mennonite Brethren Biblical Seminary. Its filed list of directors and trustees shows 9 names.
In its own words
1. Disburse grants to various universities to aid medical students in financial need. 2. Finance projects which have the objective of the improvement of medical services provided to the people of canada. 3. Receive and maintain a donor advised fund program and to transfer capital and income to other charities as per the intent of the established funds 4. Finance projects which support preventative healthcare programs for those living in canada by transferring funds to other charities for this purpose. 5. Finance projects which support preventative healthcare programs for those living in d…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $1.2M | $364K | $141K | $578K | $14.6M |
| 2023 | $3.4M | $1.4M | $254K | $171K | $794K | $13.9M |
| 2022 | -$6,171 | $1.2M | $251K | $180K | $614K | $11.9M |
| 2021 | $2.2M | $1.2M | $215K | $183K | $572K | $13.1M |
| 2020 | $2.2M | $2.1M | $197K | $137K | $1.4M | $12M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $578K to 109 qualified donees — largest 25 shown:
- Mennonite Brethren Biblical Seminary$100K
- The Governing Council of the University of Toronto$73K
- Eastern Valley Baptist Association$38K
- Conestoga Bible Camp$38K
- Canadian Medical Foundation$26K
- World Vision Canada$16K
- Canadian Unicef Committee$16K
- Loran Scholars Foundation$13K
- Lung Saskatchewan Inc.$12K
- The Governing Council of the Salvation Army in Canada$12K
- Doctors Without Borders Canada / Medecins Sans Frontieresca Nada$11K
- UHN Foundation$10K
- Dalhousie University$10K
- Accountable Development Works$9,694
- Newfoundland and Labrador Medical Association (physicians'$6,919
- Ontario Medical Foundation$6,485
- Covenant House Toronto$5,706
- University of Saskatchewan$5,684
- Action Canada for Sexual Health and Rights$5,592
- Little Footprints Big Steps International Development Organization$5,206
- ST Mary's General Hospital Foundation Kitchener-Waterloo$5,092
- Waterloo Regional Health Network Foundation$5,092
- Surfrider Foundation Canada Chapters$5,027
- Cultivate Canada Society$5,027
- Cause We Care Foundation$5,027
Received $40K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $40,000–79,9991 position
- Permanent full-time positions2
- Total compensation, all staff$314K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Kevin O'Brien (chair); James Beaubien (chair); Zelaikha Anwari (member); Tom Magyarody (member); Michael Dan (member); Janet Roberts (member); Allon Reddoch (treasurer); Sawvad Nahal (member); Levasseur Gilles (member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canadian Medical Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119219327RR0001), or read how we compute the receipt.