Lakeridge Health Foundation
Public foundation · Oshawa, Ontario · BN 119249126RR0001 · Foundations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($7,192,441) as filed with the CRA.
Lakeridge Health Foundation is a public foundation based in Oshawa, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $15.4M in revenue and $7.2M in expenditures.
Its funding that year was roughly 37% from donations. In 2024, 31 other registered charities reported granting it a combined $1.6M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 5% of peers. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 16 permanent full-time positions.
As a grantmaker, it reported gifts to 4 qualified donees totalling $3.6M in 2024, the largest being $3.5M to Lakeridge Health. Revenue has grown substantially over its filings on record here, from $1.3M in 2020 to $15.4M in 2024. Its filed list of directors and trustees shows 20 names.
In its own words
The Lakeridge Health Foundation undertakes various fundraising activities and invests funds the primary purpose of which is to transfer funds to Lakeridge Health (and related community Foundations/Associations) to be used for the purchase of capital equipment capital buildings research and education related to the health and/or social and education purposes of the community.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $15.4M | $7.2M | — | $1.5M | $3.6M | $70.4M |
| 2023 | $5.5M | $6.7M | — | $1.2M | $3.6M | $62.1M |
| 2022 | $10.7M | $7.3M | — | $1.1M | $4.6M | $63.3M |
| 2021 | $14.3M | $5.6M | — | $800K | $3.3M | $60M |
| 2020 | $1.3M | $3.1M | — | $1M | $613K | $51.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.6M to 4 qualified donees:
Received $1.6M from 31 charities:
- The Etta I. Jackson Charitable Foundation$1M
- The Auxiliary of Lakeridge Health Oshawa$206K
- Charitable Gift Funds Canada Foundation$102K
- The Rotary Club of Port Perry Ontario Charitable Trust$56K
- Herman Kassinger Foundation$42K
- Canadian Online Giving Foundation$40K
- Waterloo Regional Health Network Foundation$30K
- The Harry E Foster Charitable Foundation$25K
- United Way of Greater Toronto$17K
- Canadahelps Canadon$16K
- The Connor Clark & Lunn Foundation$16K
- My Charity Fund$12K
- Aqueduct Foundation$10K
- Starlight Children's Foundation Canada$6,577
- Oshawa Parkwood Rotary Club Charitable Foundation$5,000
- Faith United Church$4,050
- Raymond James Canada Foundation$4,000
- Chiu Yung and Kin Ming Cheung Foundation$3,000
- Queen of the Holy Rosary Shrine$2,500
- Strategic Charitable Giving Foundation$2,000
- Arbor Memorial Foundation$1,000
- PayPal Giving Fund Canada$969
- Strategic Charitable Giving Foundation$816
- CN Employees' and Pensioners' Community Fund$618
- The Hermant Family Foundation$500
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $160,000–199,9992 positions
- $120,000–159,9992 positions
- $80,000–119,9995 positions
- Permanent full-time positions16
- Total compensation, all staff$1.9M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Vanessa Benedict (director); William Budgell (director); Celina Caesar-Chavannes (director); Bradley Greenland (director); Justin Landry (director); Carol Lynde (director); Charles Morison (director); Mark Shepherd (director); Margaret Stack (director); Janet Stewart (director); Jeff Thorsteinson (director); Shannon Trainor (director); Russel White (director); Yves Gadler (secretary); Hassan Farooqi (director); Andrea Freund (director); Carol Lynde (chair); Celina Caesar-Chavannes (vice chair); Mark Shepherd (treasurer); Janet Stewart (other).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lakeridge Health Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119249126RR0001), or read how we compute the receipt.