The Daymark Foundation Inc.
Private foundation · Toronto, Ontario · BN 787418946RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,271,587) as filed with the CRA.
The Daymark Foundation Inc. is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2.8M in revenue and $2.3M in expenditures.
Its funding that year was roughly 100% from donations. In 2024, 1 other registered charity reported granting it a combined $250K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 30% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 2 permanent full-time positions.
As a grantmaker, it reported gifts to 11 qualified donees totalling $1.1M in 2024, the largest being $500K to Maple Leaf Centre for Action on Food Security. Revenue has grown substantially over its filings on record here, from $1.1M in 2021 to $2.8M in 2024. Its filed list of directors and trustees shows 11 names.
In its own words
To promote health and address mental illness by providing services and other supports including: (a) evaluating mental health programs and modifying adjusting forecasting and improving the design management integration and outcome of such programs; (b) conducting research of causes risk factors treatments and other issues related to improving mental health outcomes; (c) developing new technological innovations designed to increase the scale and reach of mental health supports; (d) increasing the capacity knowledge and capability of mental health organizations and practitioners in orde…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.8M | $2.3M | $408K | — | $1.4M | $1.1M |
| 2023 | $2.3M | $2.2M | — | — | $1.5M | $552K |
| 2022 | $2.3M | $2.3M | $0 | — | $1.9M | $419K |
| 2021 | $1.1M | $638K | $451K | — | $35K | $434K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.1M to 11 qualified donees:
- Maple Leaf Centre for Action on Food Security$500K
- National Collaboration for Doula Access$275K
- McMaster University$100K
- Relief - The path of mental health$90K
- Centre de Recherche de l'Hopital Douglas - Douglas Hospital Research Centre$35K
- Birth Mark$25K
- Monash University$16K
- Forward Global Philanthropy Society$12K
- University of Connecticut$5,000
- The University of British Columbia$5,000
- YWCA Canada$1,500
Received $250K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $80,000–119,9991 position
- Permanent full-time positions2
- Total compensation, all staff$323K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Michael McCain (director); Hilary McCain (director); Jonathan McCain (director); David Goldbloom (director); Scott McCain (director); Lynda Kuhn (director); Hannah McCain (director); Lauren McCain (executive chair); Shane Priemer (secretary); Lori Smith (executive director); Uppala Chandrasekera (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Daymark Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 787418946RR0001), or read how we compute the receipt.