The Gear Foundation
Private foundation · Toronto, Ontario · BN 861056760RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($531,425) as filed with the CRA.
The Gear 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 $485K in revenue and $531K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers.
As a grantmaker, it reported gifts to 10 qualified donees totalling $405K in 2024, the largest being $106K to The Phi Gamma Delta Foundation of Canada. Revenue has grown substantially over its filings on record here, from $314K in 2020 to $485K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The foundation is a granting foundation providing grants to qualified donees and non-profit organizations promoting good health animal welfare and social services in the community of milton ontario.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $485K | $531K | — | — | $423K | $9.4M |
| 2023 | $581K | $562K | — | — | $449K | $8.9M |
| 2022 | $590K | $446K | — | — | $336K | $8.6M |
| 2021 | $481K | $423K | — | — | $318K | $9.9M |
| 2020 | $314K | $397K | — | — | $299K | $9.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $405K to 10 qualified donees:
- The Phi Gamma Delta Foundation of Canada$106K
- The Milton District Hospital Foundation$85K
- Oakville & Milton Humane Society$53K
- University of Guelph$53K
- Ontario Lung Association$21K
- The Governing Council of the Salvation Army in Canada/conseil de Direction de l'Armée du Salut du Canada$18K
- The Salvation Army Ontario Division$18K
- Milton Transitional Housing Corp.$18K
- Big Brothers Big Sisters Of Halton and Hamilton$18K
- The Cedarbrook Society$18K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Scotiatrust (trustees).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Gear Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 861056760RR0001), or read how we compute the receipt.