ST. Michael's and Providence Foundation
Public foundation · Toronto, Ontario · BN 122963663RR0001 · Foundations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($60,549,647) as filed with the CRA.
ST. Michael's and Providence Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $67M in revenue and $60.5M in expenditures.
Its funding that year was roughly 33% from donations, 31% from other charities. In 2024, 160 other registered charities reported granting it a combined $27.2M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 35% of peers. Its highest-paid position fell in the $350,000 and over range. The charity reported 55 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $48.4M in 2024, the largest being $48.4M to Unity Health Toronto. Its filed list of directors and trustees shows 49 names.
In its own words
St. Michael's foundation stops at nothing to fund the relentless pursuit of solutions to some of the world's toughest health challenges. We mobilize people businesses and foundations to support st. Michael's hospital and providence healthcare in their quest to deliver the care experience canadians deserve.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $67M | $60.5M | — | $7.2M | $48.4M | $0 |
| 2023 | $52.2M | $12.9M | — | $8.8M | $0 | $0 |
| 2022 | $68.8M | $56.4M | — | $11.7M | $41.7M | $0 |
| 2021 | $79M | $58.6M | — | $8.1M | $47.6M | $230.2M |
| 2020 | $53.7M | $35.5M | — | $9.6M | $23M | $209.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $48.4M to 1 qualified donee:
- Unity Health Toronto$48.4M
Received $27.2M from 160 charities:
- The Peter Gilgan Foundation$3M
- The Krawczyk Family Foundation$2.6M
- Toronto Foundation$2.1M
- The Schroeder Foundation$2.1M
- The Paul Albrechtsen Foundation Inc.$1.3M
- The Bruce H. Mitchell Foundation$1.1M
- The Slaight Family Foundation$1.1M
- Honey & Barry Sherman Legacy Foundation$1M
- The Harold E. Ballard Foundation$750K
- Charitable Gift Funds Canada Foundation$731K
- The Thor E and Nicole Eaton Family Charitable Foundation$713K
- Brookfield Partners Foundation$600K
- The Waugh Family Foundation$579K
- John Lederer Family Foundation$550K
- Patrick and Barbara Keenan Foundation$460K
- The Sixty Three Foundation$440K
- Brookfield Partners Foundation$400K
- BenefAction Foundation$370K
- The Ralph M. Barford Foundation$346K
- The Waltons Trust$285K
- Arrell Family Foundation$255K
- The Sisters of St. Joseph for the Diocese of Toronto in Upper Canada$250K
- The Peter and Shelagh Godsoe Family Foundation$250K
- Brookfield Partners Foundation$250K
- Brookfield Partners Foundation$250K
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
- $160,000–199,9995 positions
- $120,000–159,9991 position
- Permanent full-time positions55
- Total compensation, all staff$9.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Melissa Martin (board director and vice chair); Patrick Meneley (board director and board chair); Woods Thomas (board director and treasurer); Timothy Rutledge (board director and vice chair); Ram Amarnath (board director); Sonya Canzian (board director); Hugh Anthony Arrell (board director); John Cassaday (board director); Nora Aufreiter (board director); Simon Chong (board director); Rose Baker Reilly (board director); Carrie Cook (board director); Lloyd Barbara (board director); David Crawford (board director); John Barford (board director); William Downe (board director); Gregory Belton (board director); Nicole Eaton (board director); Ian Black (board director); Michael Flood (board director); Katie Bush (board director); Gwen Harvey (board director); Nadim Hirji (board director); Kerry O'Reilly Wilks (board director); Ken Hugessen (board director); David Peterson (board director); Jane Humphreys (board director); Martine Irman (board director); Donna Poile (board director); Bahi Kandavel (board director); Timothy Price (board director); Patricia Lace (board director); Gillian Riley (board director); John Manning (board director); Jeremy Rogers (board director); James McPhedran (board director); Ryan Seager (board director); D. Shawn McReynolds (board director); Helen Sinclair (board director); Bruce Mitchell (board director); Daniel Sullivan (board director); Rory Mitz (board director); Minyi (sarah) Tang (board director); James Nikopoulos (board director); Frank Techar (board director); Michael Norris (board director); Rajagopal Viswanathan (board director); Kevin Goldthorp (president and ceo); Erin McIntyre (vice presidnet finance and cro).
As listed on its 2024 return.
Check the source
Every figure on this page is from ST. Michael's and Providence Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 122963663RR0001), or read how we compute the receipt.