McCarthy Tetrault Foundation
Private foundation · Toronto, Ontario · BN 868273087RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($692,353) as filed with the CRA.
McCarthy Tetrault Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $626K in revenue and $692K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 98% from donations. In 2024, 1 other registered charity reported granting it a combined $2,000.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 72% of peers.
As a grantmaker, it reported gifts to 112 qualified donees totalling $670K in 2024, the largest being $50K to The Governing Council of the University of Toronto. Revenue has grown substantially over its filings on record here, from $64K in 2020 to $626K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The McCarthy Tetrault Foundation received funds from McCarthy Tetrault LLP. The funds were and will be donated to charities such as hospitals social service agencies and cultural organizations as approved by the board of directors of the Foundation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $626K | $692K | — | — | $670K | $2,490 |
| 2023 | $669K | $604K | — | — | $593K | $69K |
| 2022 | $585K | $607K | — | — | $597K | $3,646 |
| 2021 | $250K | $525K | — | — | $493K | $26K |
| 2020 | $64K | $509K | — | — | $499K | $301K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$613,745
- Investment income$11,925
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $670K to 112 qualified donees — largest 25 shown:
- The Governing Council of the University of Toronto$50K
- Ontario Association of Food Banks$40K
- Sharelife$30K
- The Princess Margaret Cancer Foundation$30K
- The Governing Council of the University of Toronto$16K
- Moorelands Community Services$15K
- Ernestine's Women's Shelter$15K
- Daily Bread Food Bank$15K
- The Canadian Civil Liberties Association$15K
- Centre des pédiatrie sociale en communauté de verdun les petits renards$13K
- Inn From the Cold Society$12K
- Daily Bread Food Bank$12K
- Campfire Circle Autour du Feu$12K
- The Governing Council of the University of Toronto$11K
- The Wood's Homes Foundation$10K
- Sunnybrook Health Sciences Centre Fondation$10K
- Lower Mainland Christmas Bureau$10K
- Centre Pro Bono Québec$10K
- Emergency Assistance Foundation Canada$10K
- Greater Vancouver Food Bank Society$10K
- Covenant House$10K
- Civic Action Leadership Foundation$10K
- Cape Breton University$10K
- Level. Changing Lives Through Law$8,877
- Old Brewery Mission Foundation / Fondation Mission Old Brewery$7,500
Received $2,000 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ayse Dalli (director & chairperson); Stefanie Morand (director); Conrad Rego (director); Trevor Morawski (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from McCarthy Tetrault Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 868273087RR0001), or read how we compute the receipt.