Grand Challenges Canada Foundation
Public foundation · Toronto, Ontario · BN 723946323RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($482,524) as filed with the CRA.
Grand Challenges Canada Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending March 31, 2024, it reported $1.3M in revenue and $483K in expenditures.
Its funding that year was roughly 84% from donations. In 2024, 3 other registered charities reported granting it a combined $750K.
Compared with 1,125 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers. Its fundraising cost per donated dollar was lower than 77% of that peer group.
Revenue has grown substantially over its filings on record here, from $40 in 2021 to $1.3M in 2024. Its filed list of directors and trustees shows 4 names.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $483K | $334K | $29K | — | $1.1M |
| 2023 | $35K | $226K | $148K | $40K | — | $306K |
| 2022 | $614K | $118K | $87K | $2,650 | — | $496K |
| 2021 | $40 | $40 | — | — | — | $0 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $750K from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$353K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Karlee Silver (director); Guylaine Saucier (chair); Morris Rosenberg (director); Cedric Bisson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Grand Challenges Canada Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 723946323RR0001), or read how we compute the receipt.