The Circle for Children Foundation
Private foundation · Toronto, Ontario · BN 861576338RR0001 · Supportive Health Care
Source: T3010 return, FPE 2021-12-31. Split of total expenditures ($219,497) as filed with the CRA.
The Circle for Children Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under supportive health care. In its fiscal year ending December 31, 2021, it reported $151K in revenue and $219K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 986 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 93% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $215K in 2021, the largest being $200K to Doctors Without Borders Canada / Medecins Sans Frontieresca Nada. Its filed list of directors and trustees shows 3 names.
In its own words
1) assessing the merits of a range of canadian charitable organizations if they fit the mandate of the foundation. 2) inviting abd reviewing select funding proposals. 3)providing finacial support to select charitable organizations that fulfill the foundations mandate.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2021
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2021 | $151K | $219K | $4,497 | — | $215K | $388K |
| 2020 | $33K | $55K | $4,767 | — | $50K | $456K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2021
- Investment income$151,070
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2021
Granted $215K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2021)
Peter Smith (president); Jacqueline Smith (secretary); Birgitte Granofsky (director).
As listed on its 2021 return.
Check the source
Every figure on this page is from The Circle for Children Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 861576338RR0001), or read how we compute the receipt.