Paul W. O'Leary Foundation
Private foundation · Toronto, Ontario · BN 748187283RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($1,816,513) as filed with the CRA.
Paul W. O'Leary Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $973K in revenue and $1.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 54% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $1.6M in 2024, the largest being $900K to Beaches Sandbox Foundation. Revenue has grown substantially over its filings on record here, from $175K in 2020 to $973K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Distributing income earned on the foundation's capital to various registered charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $973K | $1.8M | $54K | — | $1.6M | $8.1M |
| 2023 | $9.4M | $1.8M | $58K | — | $1.6M | $8.9M |
| 2022 | -$262K | $1.1M | $10K | — | $955K | $1.3M |
| 2021 | $485K | $133K | $12K | — | $65K | $2.7M |
| 2020 | $175K | $91K | — | — | $33K | $2.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.6M to 7 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jason Schuy (director); Paulette O'Leary-Schuy (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Paul W. O'Leary Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 748187283RR0001), or read how we compute the receipt.