Schroeder Ambulatory Centre Foundation
Private foundation · Toronto, Ontario · BN 794885301RR0001 · Core Health Care
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,997,836) as filed with the CRA.
Schroeder Ambulatory Centre Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under core health care. In its fiscal year ending December 31, 2024, it reported $92.7M in revenue and $2M in expenditures.
Its funding that year was roughly 99% from donations. In 2024, 1 other registered charity reported granting it a combined $92.1M.
Compared with 85 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 3% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has grown substantially over its filings on record here, from $39.4M in 2021 to $92.7M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Construction of building at 9355 leslie street solely to promote healthcare in ontario per charitable purpose. - to operate the commercial buildings located at 9355 leslie street richmond hill and 1725 16th avenue richmond hill solely to promote healthcare in ontario by partnering with reputable health care institutions and medical professionals with a focus on services that are in need for the general population including outpatient surgeries and other medical servcies. - to receive and maintain a fund or funds and to apply all or part of the principal and income thereof and all or part o…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $92.7M | $2M | $872K | — | — | $267.3M |
| 2023 | $110.3M | $871K | $825K | — | — | $176.3M |
| 2022 | $28.2M | $689K | $674K | — | — | $66.9M |
| 2021 | $39.4M | $57K | $6,633 | — | — | $39.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $92.1M from 1 charity:
- The Schroeder Foundation$92.1M
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$371K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Walter Schroeder (chair); Michael McConnell (director/treasurer); Anthony S. Fell (director); Amit Atrey (director); John Tory (director); Raj Kothari (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Schroeder Ambulatory Centre Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 794885301RR0001), or read how we compute the receipt.