Medici Educational Foundation of Canada
Public foundation · North York, Ontario · BN 890022486RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($119,005) as filed with the CRA.
Medici Educational Foundation of Canada is a public foundation based in North York, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending June 30, 2024, it reported $148K in revenue and $119K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 11% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $53K in 2024, the largest being $50K to Villa Charities Inc.. Revenue has grown substantially over its filings on record here, from $50K in 2020 to $148K in 2024.
In its own words
The foundation raises and invests funds to provide financial assistance to needy schools and students in canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $148K | $119K | — | — | $53K | $310K |
| 2023 | $141K | $146K | $76K | — | $70K | $281K |
| 2022 | $51K | $70K | — | — | $69K | $286K |
| 2021 | $11K | $72K | $72K | — | — | $304K |
| 2020 | $50K | $58K | — | — | — | $366K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $53K to 3 qualified donees:
- Villa Charities Inc.$50K
- Precious Blood Parish$1,500
- St. Charles Borromeo Parish$1,500
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Medici Educational Foundation of Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890022486RR0001), or read how we compute the receipt.