CMA Foundation
Private foundation · Gloucester, Ontario · BN 820429678RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($6,491,464) as filed with the CRA.
CMA Foundation is a private foundation based in Gloucester, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $4.2M in revenue and $6.5M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 65% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $6M in 2024, the largest being $3M to Indigenous Peoples Resilience Fund. Its filed list of directors and trustees shows 3 names.
In its own words
The CMA Foundation provides impactful charitable giving to qualified donees to advance health equity and further excellence in health care. Grants from the CMA Foundation focus on supporting medical education physician wellness and outreach; and on building resilience and supporting sustainable systems-level change in health care. The CMA Foundation is also focused on supporting research the medical profession as well as equity deserving populations in cities and communities across the country.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.2M | $6.5M | — | — | $6M | $82M |
| 2023 | $3.8M | $7.1M | — | — | $6.6M | $82.4M |
| 2022 | $1M | $4.9M | — | — | $3.9M | $82.8M |
| 2021 | $1.8M | $8.4M | $64K | — | $7.5M | $88.4M |
| 2020 | $3.4M | $32.2M | $261K | — | $30.7M | $94.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $6M to 7 qualified donees:
- Indigenous Peoples Resilience Fund$3M
- Association of Faculties of Medicine of Canada (AFMC)$1.1M
- Health Standards Organization$1M
- Canadian Medical Hall of Fame$350K
- Association pour la sante publique du Quebec$250K
- The University of British Columbia$200K
- Northern Ontario School of Medicine University$150K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Paula Cashin (director); Alex Poole (director); Alexander Munter (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from CMA Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 820429678RR0001), or read how we compute the receipt.