Scholarship Bursary & Education Committee Medical Alumni Association of University of Toronto
Charitable organization · Toronto, Ontario · BN 119142602RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($1,032,344) as filed with the CRA.
Scholarship Bursary & Education Committee Medical Alumni Association of University of Toronto is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending July 31, 2024, it reported $348K in revenue and $1M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 5 other registered charities reported granting it a combined $1.2M.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 64% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 1 permanent full-time position.
Revenue has declined over its filings on record here, from $681K in 2020 to $348K in 2024. Its filed list of directors and trustees shows 14 names.
In its own words
Provided financial aid to medical students in the form of bursaries interest free loans transportation grants for out of town studies faculty elective programs and similar items.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $348K | $1M | $924K | — | — | $8.8M |
| 2023 | $657K | $563K | $385K | — | — | $8.5M |
| 2022 | $612K | $519K | $405K | — | — | $8.2M |
| 2021 | $523K | $499K | $381K | — | — | $8.3M |
| 2020 | $681K | $479K | $339K | — | — | $7.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1.2M from 5 charities:
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
- Permanent full-time positions1
- Total compensation, all staff$137K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Peter Wyshynski (board member); David McKnight (president); Ronn Goldberg (board member); Alexandra Berezowskyj (past president); David Lowe (vice president); Lyndon Mascarenhas (treasurer); Peeter Poldre (board member); Stuart McCluskey (secretary); Catherine Birt (board member); David McNeely (board member); Tammy Sieminowski (board member); Lisa Robinson (board member); John Mikhaeil (board member); Danny Bojic (board member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Scholarship Bursary & Education Committee Medical Alumni Association of University of Toronto’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119142602RR0001), or read how we compute the receipt.