Gore Mutual Insurance Company Foundation
Private foundation · Cambridge, Ontario · BN 880933627RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,104,678) as filed with the CRA.
Gore Mutual Insurance Company Foundation is a private foundation based in Cambridge, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2.8M in revenue and $1.1M in expenditures.
Its funding that year was roughly 9% 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 59% of peers.
As a grantmaker, it reported gifts to 118 qualified donees totalling $1000K in 2024, the largest being $200K to Social Innovation Canada. Revenue has grown substantially over its filings on record here, from $1.4M in 2020 to $2.8M in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
Donations to health social services and other community benefits programs
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.8M | $1.1M | — | — | $1000K | $18.4M |
| 2022 | -$1.1M | $592K | — | — | $500K | $15.4M |
| 2021 | $2.6M | $577K | — | — | $500K | $17M |
| 2020 | $1.4M | $2.4M | — | — | $2.3M | $15M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1000K to 118 qualified donees — largest 25 shown:
- Social Innovation Canada$200K
- Tamarack Institute for Community Engagement$53K
- Makeway Charitable Society$53K
- Crow Shield Lodge$53K
- United Way Waterloo Region Communities$51K
- Cambridge Memorial Hospital Foundation$50K
- Praxis Spinal Cord Institute$45K
- Social Development Centre Waterloo Region$37K
- Wilfrid Laurier University$16K
- The Terry Fox Foundation$13K
- Canadian Cancer Society$11K
- YWCA British Columbia$10K
- Water First Education and Training Inc.$10K
- Tim Horton Children's Foundation Inc.$10K
- Thrive Youth Development Canada$10K
- The WoodGreen Foundation$10K
- Seeds of Diversity Canada$10K
- Second Harvest Canada$10K
- Scientists in School$10K
- Rare Charitable Research Reserve$10K
- Pathways Health Centre for Children$10K
- Lisaard and Innisfree Hospice$10K
- Habitat for Humanity Canada/habitat pour l'Humanité Canada$10K
- Greenway-Chaplin Community Centre$10K
- Waterloo Regional Health Network Foundation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Andrew Taylor (director & vice president); Pablo Dancuart (treasurer); Sonya Stark (secretary); Farouk Ahamed (director); Neil Parkinson (director/chair); Anne-Marie Vanier (director); Max Blouw (director); Randall Howard (director); Carol Hunter (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Gore Mutual Insurance Company Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 880933627RR0001), or read how we compute the receipt.