MTM Foundation
Private foundation · Toronto, Ontario · BN 744734336RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($95,660) as filed with the CRA.
MTM 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 $96K in revenue and $96K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 46% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $87K in 2024, the largest being $61K to The Governing Council of the University of Toronto. Its filed list of directors and trustees shows 1 name.
In its own words
To provide funds to 'qualified donees' as defined in the income tax act
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $96K | $96K | — | — | $87K | $789K |
| 2023 | $64K | $176K | — | — | $167K | $789K |
| 2022 | -$47K | $194K | — | — | $184K | $900K |
| 2021 | $1.4M | $300K | — | — | $294K | $1.1M |
| 2020 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$21,120
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 $87K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Marcia Moffat (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from MTM Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 744734336RR0001), or read how we compute the receipt.