FDC Foundation
Private foundation · Mississauga, Ontario · BN 890555279RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($11,150,895) as filed with the CRA.
FDC Foundation is a private foundation based in Mississauga, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $216.3M in revenue and $11.2M in expenditures.
Its funding that year was roughly 54% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 85% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 3 permanent full-time positions.
As a grantmaker, it reported gifts to 13 qualified donees totalling $10.2M in 2024, the largest being $5M to Cape Breton University. Its filed list of directors and trustees shows 3 names.
In its own words
We donate to qualified donees in the health care field with a focus on hospitals specialized centres and universities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $216.3M | $11.2M | $805K | — | $10.2M | $673.3M |
| 2023 | $72.4M | $12.8M | $881K | — | $11.8M | $468.2M |
| 2022 | $27.9M | $18.7M | $609K | — | $18M | $408.5M |
| 2021 | $76M | $17.8M | $568K | — | $17.1M | $399.3M |
| 2020 | -$6.7M | $17.3M | $909K | — | $16.3M | $341.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $10.2M to 13 qualified donees:
- Cape Breton University$5M
- Sinai Health Foundation$3.2M
- University of Waterloo$800K
- ST. Thomas Elgin General Hospital Foundation$500K
- Lake of the Woods District Hospital Foundation$289K
- The George Hull Centre Foundation$150K
- The Canadian Red Cross Society$50K
- MS Canada SP Canada$50K
- PIH Partners In Health Canada$50K
- The Governing Council of the University of Toronto$39K
- The Foundation of Guelph General Hospital$25K
- Brant Community Healthcare System Foundation$25K
- Scarborough Health Network Foundation$10K
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
- $160,000–199,9991 position
- $120,000–159,9991 position
- Permanent full-time positions3
- Total compensation, all staff$600K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Carlo Fidani (president); Rad Zeljko (treasurer); Paul Gallagher (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from FDC Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890555279RR0001), or read how we compute the receipt.