Next Canada
Charitable organization · Toronto, Ontario · BN 815198403RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($2,473,053) as filed with the CRA.
Next Canada is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending August 31, 2024, it reported $2.3M in revenue and $2.5M in expenditures.
Its funding that year was roughly 44% from donations, 14% from other charities. In 2024, 11 other registered charities reported granting it a combined $975K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 6% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 7 permanent full-time positions.
Its filed list of directors and trustees shows 15 names.
In its own words
Next canada's programs are comprised of two major components for undergraduate university students: the entrepreneurship institute and the hands-on venture development component. The entrepreneurship institute consists of roughly 150 hours of in-class instruction taught by internationally acclaimed faculty and canadian business leaders directed by one of the rotmon school's top rated professors. Upon acceptance into the program in january entrepreneur- students identify cofounders with whom to build their businesses and identify the idea(s) on which their businesses will be built. From dec…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $2.5M | $1.1M | $165K | — | $3.6M |
| 2023 | $2.7M | $3.2M | $1.3M | $300K | — | $3.7M |
| 2022 | $3.2M | $3M | $1.3M | $433K | — | $4.2M |
| 2021 | $4.3M | $3.1M | $1.6M | $392K | — | $4M |
| 2020 | $3.1M | $4.1M | $2.3M | $373K | — | $2.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $975K from 11 charities:
- The Sixty Three Foundation$333K
- Brookfield Partners Foundation$333K
- The John Dobson Foundation$200K
- Klass Foundation$50K
- The Don and Joan Walker Family Charitable Trust$33K
- Charitable Gift Funds Canada Foundation$15K
- The Murray Frum Foundation$5,000
- Cannonbury Foundation$5,000
- Canadian Online Giving Foundation$250
- Canadahelps Canadon$48
- The Canavan Family Foundation—
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $160,000–199,9991 position
- $120,000–159,9992 positions
- $80,000–119,9992 positions
- $40,000–79,9991 position
- Permanent full-time positions7
- Total compensation, all staff$1.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Ajay Kumar Agrawal (secretary); Amy Baryshnik (board member); Mallorie Brodie (board member); Ian Burgess (board member); Emilie Cushman (board member); John Kelleher (board member); Lauren Lake (board member); Colleen McMorrow (board member); Sandra Odendahl (board member); Tim Price (board member); Braden Ream (board member); Reza Satchu (chair); Som Seif (board member); Josh Domingues (board member); Hanif (chiko) Nanji (board member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Next Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815198403RR0001), or read how we compute the receipt.