Renascent Foundation Inc.
Charitable organization · Toronto, Ontario · BN 119115434RR0001 · Core Health Care · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($6,249,810) as filed with the CRA.
Renascent Foundation Inc. is a charitable organization based in Toronto, Ontario, classified by the CRA under core health care. In its fiscal year ending March 31, 2024, it reported $6.5M in revenue and $6.2M in expenditures.
Its funding that year was roughly 7% from donations. In 2024, 21 other registered charities reported granting it a combined $367K.
Compared with 453 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 66% of peers. Its fundraising cost per donated dollar was higher than 84% of that peer group. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 11 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $872K in 2024, the largest being $872K to Renascent Fellowship. Its filed list of directors and trustees shows 9 names.
In its own words
Renascent Foundation promotes recovery from substance abuse and addiction through public awareness and providing homes for treatment programs. The Foundation raises funds to support substance addiction programs.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $6.5M | $6.2M | $4.6M | $393K | $872K | $4.4M |
| 2023 | $5.8M | $6.4M | $4.3M | $373K | $1.2M | $4.2M |
| 2022 | $5.1M | $5.2M | $3.1M | $477K | $1.2M | $4.7M |
| 2021 | $4.4M | $3.9M | $2.2M | $245K | $1.1M | $4.9M |
| 2020 | $5M | $5.1M | $2.6M | $528K | $1.5M | $4.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $872K to 1 qualified donee:
- Renascent Fellowship$872K
Received $367K from 21 charities:
- Canadahelps Canadon$104K
- Canadahelps Canadon$104K
- The Lucky Bean Foundation$50K
- Fondation Écho /echo Foundation$30K
- Williams Wilson Sherport Foundation$30K
- Toronto Foundation$10K
- The Norman and Margaret Jewison Charitable Foundation$7,000
- Youth and Philanthropy Initiative Canada/Initiative Canada Jeunesse et Philanthropie$5,000
- The Tenaquip Foundation$5,000
- Canadian Online Giving Foundation$4,792
- Charitable Gift Funds Canada Foundation$4,000
- Local 200 Canadian Auto Workers Social Justice Fund$4,000
- Abundance Canada$2,200
- Canada Gives$2,000
- Odette Federer Family Foundation$2,000
- Oakville Community Foundation$1,250
- Jewish Community Foundation of Montreal$1,000
- PayPal Giving Fund Canada$227
- United Way of Greater Toronto$204
- United Way East Ontario / Centraide Est de l'Ontario$50
- My Tribute Gift Foundation—
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $80,000–119,9992 positions
- $40,000–79,9997 positions
- Permanent full-time positions11
- Total compensation, all staff$935K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Ronald Brooks (treasurer); Stephen Waymire (director); Money Khoromi (director); Melanie Ormston (director); Michael Younder (director); David Struthers (director); Karen Martin (chair/director); Leah Bryce (director); Margery Konan (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Renascent Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119115434RR0001), or read how we compute the receipt.