Chartered Professional Accountants of Ontario Foundation
Charitable organization · Toronto, Ontario · BN 886160894RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($337,262) as filed with the CRA.
Chartered Professional Accountants of Ontario Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending March 31, 2024, it reported $507K in revenue and $337K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 1 permanent full-time position.
It reported gifts to 10 qualified donees totalling $113K in 2024, the largest being $15K to Trent University. Its filed list of directors and trustees shows 5 names.
In its own words
Gives awards and bursaries to ontario students who demonstrate exceptional results in the chartered professional accountants final examination subject to availability. Providing bursaries to support post-secondary students from priority communities pursuing the cpa profession. Providing financial support to qualified donees who focus on educational success in priority communities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $507K | $337K | $70K | — | $113K | $4.1M |
| 2023 | -$118K | $425K | $12K | — | $217K | $4M |
| 2022 | $153K | $21K | $6,000 | — | — | $4.5M |
| 2021 | $4.1M | $7,426 | $6,000 | — | — | $4.4M |
| 2020 | -$13K | $7,452 | $6,000 | — | — | $299K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $113K to 10 qualified donees:
- Trent University$15K
- University of Windsor$15K
- Laurentian University of Sudbury$15K
- Toronto Metropolitan University$15K
- Algoma University Université Algoma$15K
- Seneca College of Applied Arts & Technology$7,500
- ST. Lawrence College of Applied Arts & Technology$7,500
- The Algonquin College of Applied Arts and Technology$7,500
- George Brown College of Applied Arts and Technology$7,500
- The Sheridan College Institute of Technology and Advanced Learning$7,500
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- Permanent full-time positions1
- Total compensation, all staff$180K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Daniela Carcasole (chair/director); Kain Big Canoe (director); Jennifer Lee (secretary-treasurer/d); Oloana Oris Valiente (vice chair/director); Sarah Morgenstern (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Chartered Professional Accountants of Ontario Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886160894RR0001), or read how we compute the receipt.