Temerty Foundation
Private foundation · Toronto, Ontario · BN 871956181RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($55,608,581) as filed with the CRA.
Temerty Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $66.5M in revenue and $55.6M in expenditures.
Its funding that year was roughly 63% from donations.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 86% of peers. Its highest-paid positions fell in the $300,000–349,999 range (3 positions in that band). The charity reported 3 permanent full-time positions.
As a grantmaker, it reported gifts to 115 qualified donees totalling $53.3M in 2024, the largest being $15M to Centre for Addiction and Mental Health Foundation. Revenue has declined over its filings on record here, from $393.7M in 2020 to $66.5M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation's ongoing operations consist primarily of evaluating programs/projects of various registered charities and donating funds to those registered charities carrying on research/programs/projects of interest to the foundation in order to aid those particular registered charities in carrying out their charitable activities and mandates.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $66.5M | $55.6M | $1.2M | — | $53.3M | $356.1M |
| 2023 | $138.5M | $56.1M | — | — | $55.5M | $346.6M |
| 2022 | $10.6M | $10.5M | — | — | $10.3M | $260.8M |
| 2021 | $166.1M | $266.8M | — | — | $265.9M | $278M |
| 2020 | $393.7M | $28.7M | — | — | $28.2M | $378.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $53.3M to 115 qualified donees — largest 25 shown:
- Centre for Addiction and Mental Health Foundation$15M
- The Governing Council of the University of Toronto$10.7M
- Ukrainian World Congress Foundation$3.9M
- Breakthrough T1D Canada/Percée DT1 Canada$3.4M
- The ClearWater Futures Foundation$2.2M
- The University of Western Ontario$2.1M
- The Royal Ontario Museum Foundation$2M
- Sunnybrook Health Sciences Centre Foundation$2M
- The Royal Conservatory of Music$1.5M
- Scarborough Health Network Foundation$1.3M
- Genetic Aortic Disorders Association Canada/l'association Canadienne des Maladies Genetiques de l'Aorte$1.2M
- Metropolitan Andrey Sheptytsky Institute Foundation$1M
- Right To Food$1M
- The Governors of the University of Alberta$718K
- Canada-Ukraine Foundation$599K
- Myriad Canada Foundation$568K
- The Canadian Red Cross Society$500K
- Harvard University$342K
- Kyiv-Mohyla Foundation of Canada$270K
- Plan International Canada Inc.$250K
- The U. N. F. Foundation$231K
- Clean Economy Fund$200K
- Ukraninian Canadian Congress Charitable and Educational Trust$150K
- Music Toronto$105K
- Friends of the Ukrainian Folklore Centre$100K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9993 positions
- Permanent full-time positions3
- Total compensation, all staff$348K
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
James Temerty (chairman); Louise Temerty (secretary); Ludmilla Temertey (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Temerty Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 871956181RR0001), or read how we compute the receipt.