Canerector Foundation
Private foundation · Toronto, Ontario · BN 709110514RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($9,706,911) as filed with the CRA.
Canerector Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $53M in revenue and $9.7M in expenditures.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 93% of peers. None of its ten highest-paid positions cleared $40,000.
As a grantmaker, it reported gifts to 40 qualified donees totalling $9.6M in 2024, the largest being $2M to Habitat for Humanity Greater Toronto Area. Its filed list of directors and trustees shows 5 names.
In its own words
The foundation makes donations to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $53M | $9.7M | $37K | — | $9.6M | $230.5M |
| 2023 | $24.8M | $7.8M | — | — | $7.8M | $187.2M |
| 2022 | $30.5M | $3.4M | — | — | $3.4M | $170.2M |
| 2021 | $72.2M | $988K | — | — | $985K | $143.1M |
| 2020 | $68.1M | $967K | — | — | $965K | $71.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$19,316,229
- Investment income$11,578,264
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 $9.6M to 40 qualified donees — largest 25 shown:
- Habitat for Humanity Greater Toronto Area$2M
- Scarborough Health Network Foundation$1.8M
- UHN Foundation$720K
- Leland Stanford Junior University$477K
- University of Cambridge$455K
- Algonquin College of Applied Arts and Technology$430K
- Governors of the University of Calgary$277K
- Medical University of South Carolina$274K
- Fondation du CEGEP de L'Outaouais$245K
- University of Colorado Boulder$240K
- The Governors of the University of Calgary$224K
- Chalice (Canada)$167K
- Dalhousie University$150K
- SickKids Charitable Giving Fund$140K
- Centennial College of Applied Arts and Technology$115K
- The Durham College Foundation$110K
- The Conestoga College Institute of Technology and Advanced$110K
- The New Brunswick Community College Foundation Inc.$100K
- The Mohawk College Foundation$100K
- The George Brown College Foundation$100K
- The Confederation College of Applied Arts and Technology$100K
- The Board of Governors of Red River College$100K
- Sheridan College Foundation$100K
- Okanagan College Foundation$100K
- Holland College Foundation Inc$100K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Total compensation, all staff$25K
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Cecil Hawkins (director); Susan Hawkins (director/president); Amanda Hawkins (director); Robert Somers (director/vice-president); Erin Somers (director/vice-president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canerector Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 709110514RR0001), or read how we compute the receipt.