Sinai Health System
Publicly funded institution · Toronto, Ontario · BN 119048122RR0001 · Core Health Care
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($869,311,156) as filed with the CRA.
Sinai Health System is a charitable organization based in Toronto, Ontario, classified by the CRA under core health care. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $898.2M in revenue and $869.3M in expenditures.
Its funding that year was roughly 80% from government, 7% from other charities. Government funding is the majority of its budget. In 2024, 13 other registered charities reported granting it a combined $44.9M.
Compared with 538 health institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 49% of peers. Its highest-paid positions fell in the $350,000 and over range (10 positions in that band). The charity reported 4,242 permanent full-time positions.
It reported gifts to 5 qualified donees totalling $1.1M in 2024, the largest being $764K to North Carolina-Chapel Hill. Its filed list of directors and trustees shows 37 names.
In its own words
Sinai health system is a public teaching and research hospital. The hospital provides patient care teaches healthcare professionals conducts research and provides chronic care and rehabilitation services.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $898.2M | $869.3M | $795.3M | — | $2.8M | -$3.3M |
| 2023 | $799.5M | $789.2M | $728.2M | — | $3.7M | -$11.1M |
| 2022 | $813M | $782.3M | $720.3M | — | $1.2M | -$3.9M |
| 2021 | $791.5M | $764.5M | $701.4M | — | $2.1M | -$15.3M |
| 2020 | $698.2M | $685.2M | $625.7M | — | $446K | -$18.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.1M to 5 qualified donees:
- North Carolina-Chapel Hill$764K
- Princeton University$238K
- University of Liverpool$69K
- President & Fellows of Harvard College$35K
- University of Colorado-Boulder$3,345
Received $44.9M from 13 charities:
- Sinai Health Foundation$37.6M
- The Peter and Shelagh Godsoe Family Foundation$5M
- Bridgepoint Health$700K
- Hennick Bridgepoint Foundation$475K
- Diabetes Canada Diabète Canada$275K
- Breakthrough T1D Canada/Percée DT1 Canada$273K
- Weston Family Foundation$184K
- Arthritis Research Foundation$160K
- Diabetes Canada Diabète Canada$150K
- Kindred Foundation$30K
- Foundation for Advancing Family Medicine$15K
- The Retired Teachers of Ontario Foundation$12K
- Hamilton Health Sciences Foundation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over10 positions
- Permanent full-time positions4,242
- Total compensation, all staff$566.7M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Peter Cohen (chairman of the board); Gerald Schwartz (hon director and vice chair); Lawrence Tanenbaum (hon director and vice chair); Jay Hennick (vice chair and non-voting dir); Brent Belzberg (past chair and ex-officio dir); Joanna Rotenberg (treasurer); Gary Newton (president & ceo secretary); Paula Blackstien-Hirsch (director); Jonathan Bloomberg (director); Harry Culham (director); David Cynamon (director); Ira Gluskin (director); Maxine Granovsky Gluskin (director); Andrew Hoffman (director); Debbie Kimel (director); Thomas Kornya (director); Richard Pilosof (director); Stephen Pustil (director); Philip Reichmann (director); Dani Reiss (director); Joel Reitman (director); Robert Rubinoff (director); Mark Saunders (director); Howard Sokolowski (director); Edward Sonshine (director); Kenneth Tanenbaum (director); Charles Winograd (director); Mark Wiseman (director); Patricia Houston (ex-officio voting member); Jane Merkley (ex-officio non-voting directo); Lloyd Fogler (director emeritus); Irving Gerstein (director emeritus); Bernard Ghert (director emeritus); Laurence Bloomberg (non-voting director emeritus); Lesley Wiesenfeld (ex-officio non-voting directo); Michael Hollend (ex-officio voting director); Luke Devine (ex-officio non-voting directo).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sinai Health System’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119048122RR0001), or read how we compute the receipt.