Homes First Foundation
Public foundation · Toronto, Ontario · BN 865843932RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($358,834) as filed with the CRA.
Homes First Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $513K in revenue and $359K in expenditures.
Its funding that year was roughly 45% from donations, 26% from other charities. In 2024, 15 other registered charities reported granting it a combined $177K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 3% of peers. Its highest-paid position fell in the $80,000–119,999 range.
Revenue has grown substantially over its filings on record here, from $153K in 2020 to $513K in 2024. Its filed list of directors and trustees shows 13 names.
In its own words
Homes first foundation continues to hold events and solicit fund to support the mission of the homes first society- providing solutions to homelessness in toronto.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $513K | $359K | — | $119K | $81K | $958K |
| 2023 | $588K | $243K | — | $125K | — | $804K |
| 2022 | $295K | $132K | — | $39K | — | $459K |
| 2021 | $197K | $6,659 | — | — | — | $295K |
| 2020 | $153K | $126K | $88K | $9,615 | — | $105K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $177K from 15 charities:
- La Fondation Emmanuelle Gattuso$50K
- Canadahelps Canadon$26K
- Canadahelps Canadon$26K
- CHIMP: Charitable Impact Foundation (Canada)$25K
- Frederick and Douglas Dickson Memorial Foundation$10K
- BenefAction Foundation$10K
- The Tenaquip Foundation$10K
- United Way of Greater Toronto$4,750
- CHUM Charitable Foundation$4,300
- PayPal Giving Fund Canada$3,285
- Aqueduct Foundation$2,500
- Mazon Canada$2,500
- Socks 4 Souls Canada Inc.$1,306
- The Noori Affordable Housing Foundation$1,000
- Canada Gives$500
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $1–39,9993 positions
- Total compensation, all staff$152K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Michael Heinrich (director); Cynthia Stacey (director); Megan Mitchell (vice chair); Jordan Wong (chair); Sergei Korolev (director); Melissa Ferrara (director); Mark Foerster (director); Greg Lawrence (treasurer); Jamie Yoon (director); Paul Saguil (director); Shawn Winsor (director); Christie Brenchley (secretary); Dror Duchovny (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Homes First Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 865843932RR0001), or read how we compute the receipt.