Canadian Olympic Foundation/ Fondation Olympique Canadienne
Public foundation · Toronto, Ontario · BN 817729346RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($10,084,805) as filed with the CRA.
Canadian Olympic Foundation/ Fondation Olympique Canadienne is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $11.3M in revenue and $10.1M in expenditures.
Its funding that year was roughly 16% from donations, 48% from other charities. In 2024, 25 other registered charities reported granting it a combined $4.2M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 34% of peers. Its fundraising cost per donated dollar was higher than 80% of that peer group. Its highest-paid positions fell in the $160,000–199,999 range (2 positions in that band). The charity reported 9 permanent full-time positions.
As a grantmaker, it reported gifts to 22 qualified donees totalling $6.2M in 2024, the largest being $4.1M to Canadian Olympic Committee. Its filed list of directors and trustees shows 15 names.
In its own words
The canadian olympic foundation receives accumulates and distributes funds to the canadian high performance sport excellence programs of the canadian olympic committee and other organizations that support high performance sport activities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11.3M | $10.1M | — | $979K | $8M | $12.8M |
| 2023 | $7M | $7.9M | — | $872K | $6.3M | $11.5M |
| 2022 | $13.7M | $12.5M | $2M | $2.2M | $7.6M | $12.4M |
| 2021 | $11.7M | $8.2M | — | $980K | $6.4M | $11.1M |
| 2020 | $10M | $10.4M | — | $874K | $8M | $7.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $6.2M to 22 qualified donees:
- Canadian Olympic Committee$4.1M
- Sail Canada$350K
- Equine Canada$259K
- Canada Basketball$210K
- Paralympic Foundation of Canada$210K
- Canada Games Council$160K
- Fondation Ski Canada Foundation$116K
- Canadian Amateur Rowing Association$105K
- Canadian Cycling Association$105K
- Canadian Rugby Union$75K
- Canadian Freestyle Ski Association$75K
- Speed Skating Canada$68K
- Canoe Kayak Canada$68K
- Canadian Gymnastics Federation$60K
- Federation of Canadian Archers$58K
- Canadian Volleyball Association$47K
- Climbing Escalade Canada$45K
- Canadian Luge Association$45K
- Bobsleigh Canada Skeleton$23K
- Wrestling Canada Lutte$15K
- Skate Canada$12K
- The Canadian Amateur Football Association$7,500
Received $4.2M from 25 charities:
- RBC Foundation$1.3M
- RBC Foundation$847K
- RBC Foundation$500K
- Charitable Gift Funds Canada Foundation$464K
- La Fondation Rossy The Rossy Foundation$340K
- Canadahelps Canadon$217K
- Canadahelps Canadon$217K
- The Cheng Family Foundation$100K
- The Murphy Family Foundation$100K
- Canada Gives$50K
- Toronto Foundation$50K
- CHIMP: Charitable Impact Foundation (Canada)$25K
- The Middlefield Charitable Foundation$10K
- Aqueduct Foundation$10K
- BenefAction Foundation$10K
- Community Foundation of Medicine Hat and Southeastern Alberta$5,500
- Strategic Charitable Giving Foundation$1,357
- Canadian Online Giving Foundation$1,279
- The Calgary Foundation$1,000
- The Lecluse Family Foundation$300
- United Way East Ontario / Centraide Est de l'Ontario$50
- PayPal Giving Fund Canada$50
- The Dan-Hytman Family Foundation$36
- United Way of Greater Toronto$27
- McMillan Family Foundation—
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9992 positions
- $80,000–119,9995 positions
- $40,000–79,9992 positions
- Permanent full-time positions9
- Total compensation, all staff$960K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Perry Dellelce (chair); Ruth Asper (director); Charmaine Crooks (director); Hélène Desmarais (director); Anthony Giuffre (director); Ted Goldthorpe (director); Jeff Glass (director); Bruce Linton (director); Tony Loria (director); Moez Kassam (director); Brian Gallant (director); Cailey Stollery (director); Bruny Surin (director); Adrian Rocca (director); G Scott Paterson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canadian Olympic Foundation/ Fondation Olympique Canadienne’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 817729346RR0001), or read how we compute the receipt.