Neo Kids Foundation
Public foundation · Sudbury, Ontario · BN 742380322RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,164,455) as filed with the CRA.
Neo Kids Foundation is a public foundation based in Sudbury, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $2.9M in revenue and $1.2M in expenditures.
Its funding that year was roughly 38% from donations, 7% from other charities. In 2024, 15 other registered charities reported granting it a combined $151K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 6% of peers. Its fundraising cost per donated dollar was higher than 76% of that peer group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 4 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $479K in 2024, the largest being $479K to Health Sciences North. Revenue has grown substantially over its filings on record here, from $1M in 2020 to $2.9M in 2024. Its filed list of directors and trustees shows 12 names.
In its own words
The purpose of the foundaiton is to raise funds which are then disbursed to health sciences north. Amounts received from the foundation are used to fund capital research equipment and other related expenditures incurred by health sciences north's neo kids program. The neo kids program provides pediatric treatment to patients in northeastern ontario.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $1.2M | $15K | $524K | $479K | $9.3M |
| 2023 | $2.6M | $977K | $8,542 | $377K | $433K | $7.5M |
| 2022 | $2.7M | $1.1M | $8,198 | $248K | $661K | $5.9M |
| 2021 | $2M | $602K | $6,543 | $260K | $158K | $4.3M |
| 2020 | $1M | $523K | — | $242K | $123K | $2.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $479K to 1 qualified donee:
Received $151K from 15 charities:
- The Douglas A. Smith Family Foundation$70K
- Fondation Sandra Schmirler Foundation$37K
- The Masonic Foundation of Ontario$23K
- Starlight Children's Foundation Canada$6,577
- F. K. Morrow Foundation$5,000
- Canadian Online Giving Foundation$4,935
- Centennial Council 6074 Charitable Trust$1,000
- Walden Senior Citizens and Pensioners Incorporated$1,000
- Raymond James Canada Foundation$1,000
- Sudbury #10888 Foundation$600
- PayPal Giving Fund Canada$412
- Canadahelps Canadon$321
- Ten Rainbows Children's Foundation$131
- United Way East Ontario / Centraide Est de l'Ontario$67
- My Tribute Gift Foundation—
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
- $40,000–79,9993 positions
- Permanent full-time positions4
- Total compensation, all staff$325K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Matthew Albiani (treasurer); Anthony Keating (ex-officio); Mike Commito (director); Alyson Laking (secretary); Sherri Koren (director); Pamela Therrien (director); Stephanie Dales (director); Patricia Sevean (director); Michael Macnamara (vice chair); Rick Cousineau (chair); Richard Spadafora (past chair); David McNeil (ex-officio).
As listed on its 2024 return.
Check the source
Every figure on this page is from Neo Kids Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 742380322RR0001), or read how we compute the receipt.