Charity BreakdownCanadian charity filings, itemized

The Heather Sheehan Foundation

Private foundation · Mississauga, Ontario · BN 789706470RR0001 · Foundations

Every $100 spentThe Heather Sheehan FoundationFiscal year ended December 31, 2024
Gifts to other charities$100
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,544,545) as filed with the CRA.

The Heather Sheehan Foundation is a private foundation based in Mississauga, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $557K in revenue and $1.5M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 87% of peers.

As a grantmaker, it reported gifts to 4 qualified donees totalling $1.5M in 2024, the largest being $1.1M to War Child Canada. Revenue has grown substantially over its filings on record here, from $148K in 2020 to $557K in 2024. Its filed list of directors and trustees shows 3 names.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$557K$1.5M$1.5M$12.7M
2023$244K$834K$830K$10.5M
2022$223K$2.9M$2.9M$10.4M
2021$628K$1.6M$1.6M$11.6M
2020$148K$219K$194K$10.8M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$12.7M$12,747,989 in total assets
Given away$1.5Mto 4 charities
That is12.1%of what it holds
Where the money came from
  • Investment income$557,498

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, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Heather Sheehan (director); Dan Sheehan (director); Kristy Sheehan (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Heather Sheehan Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 789706470RR0001), or read how we compute the receipt.