Capitalize For Kids Foundation
Charitable organization · Toronto, Ontario · BN 815601760RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,448,245) as filed with the CRA.
Capitalize For Kids Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.7M in revenue and $1.4M in expenditures.
Its funding that year was roughly 67% from donations. In 2024, 15 other registered charities reported granting it a combined $380K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers. Its fundraising cost per donated dollar was lower than 93% of that peer group. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 8 permanent full-time positions.
It reported gifts to 9 qualified donees totalling $332K in 2024, the largest being $50K to Abiona Centre for Infant & Early Mental Health. Revenue has grown substantially over its filings on record here, from $1.1M in 2020 to $1.7M in 2024. Its filed list of directors and trustees shows 16 names.
In its own words
The charity has received donations to increase a fund which has been established to provide funding to one or more qualified donees as well as to deliver consulting services.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $1.4M | $1.1M | $11K | $332K | $5.1M |
| 2023 | $2.2M | $723K | $703K | $11K | — | $4.9M |
| 2022 | $1.5M | $865K | — | — | $383K | $3.4M |
| 2021 | $1.1M | $963K | $460K | — | $500K | $2.8M |
| 2020 | $1.1M | $830K | — | — | $500K | $2.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $332K to 9 qualified donees:
- Abiona Centre for Infant & Early Mental Health$50K
- Yorktown Family Services$50K
- The George Hull Centre for Children and Families$50K
- Rosalie Hall$50K
- The Centennial Infant and Child Centre Foundation$50K
- Youth Assisting Youth$40K
- Strides Toronto Support Services$31K
- Canucks Autism Network Society$9,750
- Canadahelps Canadon$1,072
Received $380K from 15 charities:
- United Way of Greater Toronto$116K
- Canadian Online Giving Foundation$115K
- Airlie Foundation$25K
- The Graham Burton Foundation$25K
- RBC Foundation$20K
- Canadahelps Canadon$20K
- Canadahelps Canadon$20K
- Conam Charitable Foundation$10K
- THE IRA GLUSKIN AND MAXINE GRANOVSKY GLUSKIN CHARITABLE FOUNdation$10K
- Aqueduct Foundation$6,215
- Jewish Foundation of Greater Toronto$5,000
- The Dunkley Charitable Foundation$5,000
- Klass Foundation$1,800
- CHIMP: Charitable Impact Foundation (Canada)$500
- Burgundy Legacy Foundation$75
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $120,000–159,9992 positions
- $80,000–119,9993 positions
- $40,000–79,9991 position
- $1–39,9991 position
- Permanent full-time positions8
- Total compensation, all staff$900K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Derek Flood (director); Jeff Gallant (director); Kyle MacDonald (director); Bernadette Corpuz (director); Mary Williams (director); Debra Shime (director); John Hughes (director); Ted Garrard (director); Sean McNulty (director); Seanna Millar (director); Kurankye Sekyi-Otu (director); Karen McKay (director); Jamie Firsten (director); Mary Jo Haddad (director); Jonathan Hausman (director); Peter Szatmari (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Capitalize For Kids Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815601760RR0001), or read how we compute the receipt.