The Joyce McCain Foundation
Private foundation · Toronto, Ontario · BN 720709013RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($13,387) as filed with the CRA.
The Joyce McCain 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 $4.4M in revenue and $13K in expenditures.
Its funding that year was roughly 98% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 26% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2024, the largest being $10K to UHN Foundation.
In its own words
Make donations in cash or in kind to qualified donees as defined in subsection 149.1(1) of the Income Tax Act (Canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.4M | $13K | — | — | $10K | $5.7M |
| 2023 | $1.3M | $0 | — | — | — | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$4,282,279
- Investment income$68,317
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
Granted $10K to 1 qualified donee:
- UHN Foundation$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from The Joyce McCain Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 720709013RR0001), or read how we compute the receipt.