The Bennett Family Foundation
Private foundation · Toronto, Ontario · BN 889472643RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,132,382) as filed with the CRA.
The Bennett Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $11.7M in revenue and $3.1M in expenditures.
Its funding that year was roughly 22% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 99% of peers.
As a grantmaker, it reported gifts to 21 qualified donees totalling $3.2M in 2024, the largest being $600K to The Governing Council of the University of Toronto. Revenue has grown substantially over its filings on record here, from $267K in 2020 to $11.7M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Provide financial assistance to various qualified donees and educational institutions.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11.7M | $3.1M | — | — | $3.2M | $82.9M |
| 2023 | $4.4M | $1.2M | — | — | $2.9M | $74.3M |
| 2022 | $77.7M | $3.1M | — | — | $3.1M | $79.4M |
| 2021 | $1.4M | $2.4M | — | — | $2.4M | $5.5M |
| 2020 | $267K | $4.4M | — | — | $4.4M | $6.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.2M to 21 qualified donees:
- The Governing Council of the University of Toronto$600K
- United Way of Greater Toronto$500K
- York University$500K
- Toronto Metropolitan University$270K
- Children's Hospital of Eastern Ontario Foundation$250K
- The Toronto Public Library Foundation$160K
- Hot Docs$100K
- Toronto International Film Festival Inc.$100K
- VGH & Ubc Hospital Foundation$100K
- Doctors Without Borders Canada / Medecins Sans Frontieresca Nada$100K
- Mount Sinai Hospital Foundation$100K
- Art Gallery of Ontario$100K
- The Citizens' Foundation Canada$50K
- Costi Immigrant Services$50K
- Ivey Business School- Ubuntu Management Education Initiative$40K
- The David Suzuki Foundation$30K
- Historica Canada$25K
- Concerts in CARE Ontario$25K
- Toronto Festival of Arts Culture and Creativity$20K
- Anishnawbe Health Toronto$20K
- Canadahelps Canadon$15K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Paul Bennett (director); David Bennett (director); Jim Morrow (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Bennett Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889472643RR0001), or read how we compute the receipt.