The George Brown College Foundation
Charitable organization · Toronto, Ontario · BN 119234748RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($5,603,378) as filed with the CRA.
The George Brown College Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending March 31, 2024, it reported $11.3M in revenue and $5.6M in expenditures.
Its funding that year was roughly 46% from other charities. In 2024, 16 other registered charities reported granting it a combined $24.5M.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 10% of peers. Its fundraising cost per donated dollar was higher than 83% of that peer group. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 8 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $3.7M in 2024, the largest being $3.7M to George Brown College of Applied Arts and Technology. Revenue has grown substantially over its filings on record here, from $3.5M in 2020 to $11.3M in 2024. Its filed list of directors and trustees shows 11 names.
In its own words
Provide support for all capital initiatives at george brown college create new named student bursary/scholarship endowments. Distribute funds for scholarships bursaries and annual awards for students administer and manage donor endowment agreements. Administer the college's ontario trust for student support (otss) program. Assist college faculties and student groups in preparing fundraising materials proposals & counsel for special/fundraising events.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11.3M | $5.6M | — | $768K | $3.7M | $38.3M |
| 2023 | $9.3M | $7.1M | — | $731K | $4.9M | $32.8M |
| 2022 | $7.7M | $6.6M | — | $829K | $4.8M | $30.4M |
| 2021 | $8M | $2.7M | — | $736K | $1.1M | $29.3M |
| 2020 | $3.5M | $4.2M | — | $936K | $2.3M | $23.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.7M to 1 qualified donee:
Received $24.5M from 16 charities:
- Brookfield Partners Foundation$22M
- George Brown College of Applied Arts and Technology$1.8M
- The John C. and Sally Horsfall Eaton Foundation$301K
- The Schulich Foundation$225K
- Charitable Gift Funds Canada Foundation$105K
- The Junior League of Toronto$10K
- The Great Gulf Homes Charitable Foundation$10K
- Cibpa Education Foundation$8,070
- Canadian Online Giving Foundation$6,611
- The William and Nona Heaslip Foundation$5,000
- Wealthsimple Foundation$5,000
- Smart Serve Ontario$4,000
- United Way of Greater Toronto$2,293
- The Silver Hotel Group Ruparell Foundation$2,000
- Toronto Foundation$750
- Canadahelps Canadon$528
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $120,000–159,9991 position
- $80,000–119,9992 positions
- $40,000–79,9994 positions
- Permanent full-time positions8
- Total compensation, all staff$840K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Cindy Gouveia (director); Leslie McLean (director); Damon Murchison (director); Michelle Henry (director); Erin Griffiths (chair); Leen LI (director); Gervan Fearon (director); Ray Williams (director); Chris Campbell (director); Richard Gill (director); Allan Penning (executive director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The George Brown College Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119234748RR0001), or read how we compute the receipt.