Caron Thorburn Institute
Private foundation · Toronto, Ontario · BN 788069714RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($156,322) as filed with the CRA.
Caron Thorburn Institute is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $1.1M in revenue and $156K in expenditures.
Its funding that year was roughly 98% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 58% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $138K in 2024, the largest being $100K to University of Guelph. Revenue has grown substantially over its filings on record here, from $151K in 2020 to $1.1M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to charitable organizations that are also registered charities under the income tax act (canada) the institute supports hospitals medical research and education groups that are canadian registered charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $156K | $2,721 | — | $138K | $1.1M |
| 2023 | $115K | $245K | $2,996 | — | $237K | $173K |
| 2022 | $10K | $238K | $3,312 | — | $228K | $302K |
| 2021 | $677K | $158K | $2,020 | — | $153K | $530K |
| 2020 | $151K | $174K | — | — | $170K | $9,936 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $138K to 7 qualified donees:
- University of Guelph$100K
- The King?s Trust Canada/la Fondation du Roi au Canada$25K
- Toronto Foundation$5,000
- Upper Canada College$5,000
- Canada's National Ballet School l'Ecole Nationale de Ballet du Canada$3,000
- The Master and Fellows of Massey College$200
- The Maestro Foundation for Music & Arts Advancement$100
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Craig Thorburn (director); Cynthia Thorburn (director); Trevor Thorburn (director); Blake Thorburn (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Caron Thorburn Institute’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 788069714RR0001), or read how we compute the receipt.