ST. Michael's Hospital (toronto) Research Institute
Private foundation · Toronto, Ontario · BN 892545989RR0001 · Core Health Care
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,156,496) as filed with the CRA.
ST. Michael's Hospital (toronto) Research Institute is a private foundation based in Toronto, Ontario, classified by the CRA under core health care. In its fiscal year ending March 31, 2024, it reported $1.1M in revenue and $1.2M in expenditures.
In 2024, 4 other registered charities reported granting it a combined $153K.
Compared with 453 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has declined over its filings on record here, from $2M in 2020 to $1.1M in 2024. Its filed list of directors and trustees shows 13 names.
In its own words
Funding and administering the keenan chairs in medicine surgery respiratory medicine and critical care research leadership and fibrosis at st. Michael's hospital to carry out medical research. Funding other medical research at st. Michael's hospital.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $1.2M | $1.1M | — | — | $24.6M |
| 2023 | $955K | $1.3M | $1.2M | — | — | $22.2M |
| 2022 | $1.2M | $718K | $675K | — | — | $24.2M |
| 2021 | $1.9M | $983K | $950K | — | — | $22.6M |
| 2020 | $2M | $995K | $950K | — | — | $17.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $153K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ori Rotstein (director); Thomas Parker (director); Barbara Keenan (pres & director); Frank Penny (sec/treasurer & director); Jeffrey Lozon (chair & director); Douglas Derry (director); Sean Keenan (director); Gwendolyn Harvey (director); Justin Nodwell (director); Beth Webel (director); Daniel Sullivan (director); Tim Ruthledge (vice pres & director); Sharon Straus (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from ST. Michael's Hospital (toronto) Research Institute’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892545989RR0001), or read how we compute the receipt.