Sinai Health Foundation
Public foundation · Toronto, Ontario · BN 119048106RR0001 · Core Health Care · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($56,757,368) as filed with the CRA.
Sinai Health Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under core health care. In its fiscal year ending March 31, 2024, it reported $97.4M in revenue and $56.8M in expenditures.
Its funding that year was roughly 15% from donations, 46% from other charities. In 2024, 191 other registered charities reported granting it a combined $38.6M.
Compared with 85 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 36% of peers. Its fundraising cost per donated dollar was higher than 92% of that peer group. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $350,000 and over range. The charity reported 62 permanent full-time positions.
As a grantmaker, it reported gifts to 7 qualified donees totalling $37.8M in 2024, the largest being $37.6M to Sinai Health System. Revenue has grown substantially over its filings on record here, from $53.6M in 2020 to $97.4M in 2024. Its filed list of directors and trustees shows 44 names.
In its own words
Sinai hospital foundation provides financial support to sinai health system (shs) - which includes mount sinai hospital hennick bridgepoint hospital lunenfeld-tanenbaum research institute and system partner circle of care - for patient care education research capital and equipment requirements.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $97.4M | $56.8M | — | $11.7M | $37.8M | $293M |
| 2023 | $68.6M | $52.8M | — | $11.2M | $34.7M | $252.4M |
| 2022 | $78.7M | $45.3M | — | $9.8M | $27.5M | $236.7M |
| 2021 | $86.1M | $33.4M | — | $6.9M | $19.5M | $203.3M |
| 2020 | $53.6M | $49.3M | — | $7.9M | $33.7M | $150.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $37.8M to 7 qualified donees:
Received $38.6M from 191 charities:
- The Jay and Barbara Hennick Family Foundation$4.4M
- FDC Foundation$3.2M
- The Slaight Family Foundation$2.3M
- The Lillian and Norman Glowinsky Family Foundation$2M
- David Goodman Youth Community Trust$1.7M
- The Krembil Foundation$1.6M
- La Fondation Rossy The Rossy Foundation$1.5M
- Aqueduct Foundation$1.1M
- The Dani Reiss Foundation$1M
- The Tawse Family Charitable Foundation$1M
- Earle and Janice O'Born Family Foundation$1M
- Driscoll Family Foundation$1M
- Jewish Foundation of Greater Toronto$941K
- The Robert Harding Foundation$900K
- THE IRA GLUSKIN AND MAXINE GRANOVSKY GLUSKIN CHARITABLE FOUNdation$828K
- The Gerald Schwartz & Heather Reisman Foundation$755K
- Conam Charitable Foundation$561K
- Albert and Temmy Latner Family Foundation$546K
- Larry And Judy Tanenbaum Family Foundation$500K
- The Warren and Debbie Kimel Family Foundation$450K
- Canadian Cancer Society$428K
- BenefAction Foundation$405K
- The Ricky and Peter Cohen Family Foundation$405K
- The John and Deborah Harris Family Foundation$400K
- Charitable Gift Funds Canada Foundation$367K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $250,000–299,9993 positions
- $200,000–249,9995 positions
- $160,000–199,9991 position
- Permanent full-time positions62
- Total compensation, all staff$10.4M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Maxine Granovsky Gluskin (ex-officio/immediate past chai); Richard Pilosof (chair and president); David Cynamon (director); Howard Sokolowski (director); Les Viner (secretary/vice-chair); Andrew Phillips (treasurer/vice-chair); Louis De Melo (chief executive officer); Jonathan Gitlin (vice-chair); Maxwell Gotlieb (vice-chair); David Kaufman (vice-chair); Matthew Cockburn (director); Robert Rubinoff (ex-officio/vice-chair); Kate Schatzky (vice0chair); Jack Winberg (vice-chair); Brent Belzberg (director); Janet Bomza (director); Camille Dan (director); Mark Davis (director); Gloria Epstein (director); Richard Fogler (director); Carol Goldstein (director); Marianne Guizzetti (director); Barbara Hennick (director); Moti Jungreis (director); Rob Kumer (vice0chair); Harry Lebovic (director); Robert (butch) Mandel (director); Catherine Murray (director); Janice O'Born (director); Zippy Orland (director); Jonathan Pollack (director); Andrew (andy) Pringle (director); Harry Samuel (director); Jordan Sarick (director); Barbara Hania (ex-officio director); Mitchell Kunin (ex-officio direcctor); Gary Newton (ex-officio director); Lawrence Tanenbaum (ex-officio director); Brett Henry (director); Alexandra De Gasperis (director); Shamez Virani (director); Daniel Sonshine (director); Stephen Green (director); Doug Nathanson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sinai Health Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119048106RR0001), or read how we compute the receipt.