Stepping Stones Foundation
Private foundation · Toronto, Ontario · BN 847658861RR0001 · Supportive Health Care
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($90,219) as filed with the CRA.
Stepping Stones Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under supportive health care. In its fiscal year ending December 31, 2024, it reported $95K in revenue and $90K in expenditures.
Its funding that year was roughly 100% from other charities. In 2024, 1 other registered charity reported granting it a combined $95K.
Compared with 1,620 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 48% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $80K in 2024, the largest being $80K to Toronto Care Fund. Revenue has declined over its filings on record here, from $493K in 2020 to $95K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The foundation operates programs to relieve poverty and provide basic amenities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $95K | $90K | — | — | $80K | $550K |
| 2023 | $54K | $51K | — | — | $40K | $545K |
| 2022 | $99K | $106K | — | — | $97K | $543K |
| 2021 | $232K | $226K | — | — | $217K | $550K |
| 2020 | $493K | $493K | — | — | $483K | $544K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $80K to 1 qualified donee:
Received $95K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Nancy Friedberg (director officer); Michael Schumacher (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Stepping Stones Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 847658861RR0001), or read how we compute the receipt.