The Baycrest Centre Foundation
Public foundation · North York, Ontario · BN 119215242RR0001 · Foundations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($34,575,809) as filed with the CRA.
The Baycrest Centre Foundation is a public foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $31.7M in revenue and $34.6M in expenditures.
Its funding that year was roughly 32% from donations, 35% from other charities. In 2024, 159 other registered charities reported granting it a combined $9.1M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers. Its fundraising cost per donated dollar was higher than 87% of that peer group. Its highest-paid positions fell in the $350,000 and over range (3 positions in that band). The charity reported 40 permanent full-time positions.
As a grantmaker, it reported gifts to 6 qualified donees totalling $22.8M in 2024, the largest being $7.8M to Baycrest Academy for Research and Education. Its filed list of directors and trustees shows 44 names.
In its own words
We provide vital funding with baycrest entities that are registered charities by encouraging financial support from the community members families corporations and foundations. The baycrest entities provide the following programs: - care for the eldery - an extensive range of inpatient outpatient residential and community programs to assist older adults with alzheimer's disease and other dementia mood disorders or stroke. - research on brain functionality and mental health related to aging
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $31.7M | $34.6M | — | $8.3M | $22.8M | $197.1M |
| 2023 | $33.7M | $32.5M | — | $9.9M | $19M | $188.8M |
| 2022 | $27.2M | $24M | — | $6M | $14.4M | $191.2M |
| 2021 | $23.8M | $17.9M | — | $4.4M | $10.4M | $186.2M |
| 2020 | $25.9M | $24.9M | — | $6.4M | $15.2M | $157.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $22.8M to 6 qualified donees:
- Baycrest Academy for Research and Education$7.8M
- Baycrest Hospital$6.4M
- The Jewish Home for the Aged$4.9M
- Baycrest Centre for Geriatric Care$3.6M
- Baycrest Day CARE Centre$150K
- Canadian Centre for Aging & Brain Health Innovation Advancement Inc.$16K
Received $9.1M from 159 charities:
- The Sharp Foundation$2M
- Greenrock Charitable Trust$500K
- The Feiga Bresver Academic Fund$500K
- Donald Bainbridge Family Foundation$500K
- Jewish Foundation of Greater Toronto$470K
- The Blidner Family Foundation$410K
- Benjamin Herbert Birstein Trust #1$310K
- Michael and Libby Goldgrub Foundation$250K
- Petro-Canada CareMakers Foundation Fondation Proches Aimants Petro-Canada$225K
- United Way of Greater Toronto$202K
- The Slaight Family Foundation$200K
- The Warren and Debbie Kimel Family Foundation$200K
- The Lewis and Charlotte Steinberg Family Foundation$200K
- Aqueduct Foundation$167K
- The Weisfeld Family Charitable Foundation$167K
- The Tauba and Solomon Spiro Family Foundation$165K
- Rayjo Charitable Trust$150K
- New Century Charitable Foundation$150K
- The Azrieli Foundation$150K
- The Maxwell and Ruth Leroy Foundation$150K
- GiftPact Foundation Inc.$102K
- The Linda Judith Reed Foundation$100K
- The Peter Gilgan Foundation$100K
- The Joseph Lebovic Charitable Foundation$100K
- KNRS Charitable Foundation$100K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over3 positions
- $200,000–249,9991 position
- $160,000–199,9991 position
- $120,000–159,9995 positions
- Permanent full-time positions40
- Total compensation, all staff$5.5M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jeremy Cole (director); David Bresver (director); Ronald Appleby (honorary director); Tobie Bekhor (honorary director); Michael Bregman (director); Joshua Cooper (president); Laurence Goldstein (director emeritus); Lisa Draper (director); Rachel Kimel (director); Mark Diamond (director); Jonathan Feldman (director); Heath Cockburn (director); Russell Goldstein (director); Lisa Rait (director); Joseph Gottdenker (honorary director); Molline Green (director emeritus); Lorne Greenspoon (director); Barbara Hania (honorary director); Robert Harlang (treasurer); Warren Kimel (director); Sarena Koschitzky (director); Anita Lapidus (honorary director); Michael Levy (director emeritus); Harley Mintz (director emeritus); Margaret Nightingale (director emeritus); David Posluns (director); Philip Reichmann (director); Anthony Longo (director); Noah Godfrey (vice chair); Jeffrey Ross (honorary director); Felicia Salomon (director); Wendy Myles (honorary director); Lori-Ann Beausoleis (director); Hinda Silber (director); Jamie Schwartz (director); Richard Crenian (director); Peter Slan (director); Karen Werger (director); Ilsa Blidner (chair); Jeffrey Brown (director); Alexandra Spinner (director); Claire Santamaria (director); Fern Glowinsky (director); Shael Rosenbaum (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Baycrest Centre Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119215242RR0001), or read how we compute the receipt.