The KPMG Foundation/la Fondation KPMG
Private foundation · Toronto, Ontario · BN 889805594RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,180,022) as filed with the CRA.
The KPMG Foundation/la Fondation KPMG is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $4.2M in revenue and $4.2M in expenditures.
Its funding that year was roughly 100% from donations. In 2024, 1 other registered charity reported granting it a combined $15.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 96% of peers.
As a grantmaker, it reported gifts to 268 qualified donees totalling $4.2M in 2024, the largest being $180K to Food Banks Canada/Banques Alimentaires Canada. Revenue has grown substantially over its filings on record here, from $2.6M in 2020 to $4.2M in 2024.
In its own words
The kpmg foundation supports canadian universities and post-secondary institutions with education grants for specific purposes or programs. It facilitates an employee matching program for individual donations to post-secondary institutions. The foundation also supports a wide variety of activities of canadian registered charities such as health-care children and youth communities and the arts.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.2M | $4.2M | — | — | $4.2M | $0 |
| 2023 | $3.7M | $3.7M | — | — | $3.7M | $0 |
| 2022 | $3.1M | $3.1M | — | — | $3.1M | $0 |
| 2021 | $2.7M | $2.7M | $50K | — | $2.7M | $0 |
| 2020 | $2.6M | $2.7M | — | — | $2.7M | $0 |
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$4,079,742
- Other gifts$100,280
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 $4.2M to 268 qualified donees — largest 25 shown:
- Food Banks Canada/Banques Alimentaires Canada$180K
- Breakfast Club of Canada$150K
- Indspire$140K
- Jack.org$100K
- Fondation HEC Montréal$80K
- The University of British Columbia$75K
- Daily Bread Food Bank$75K
- Hope Air$75K
- The Canadian Red Cross Society$75K
- Tree Canada / Arbres Canada$71K
- The King?s Trust Canada/la Fondation du Roi au Canada$70K
- The University of Western Ontario$68K
- The Governors of The University of Calgary$60K
- York University$55K
- Windsor Regional Hospital Foundation$50K
- Pinball Foundation$50K
- Queen Elizabeth II Health Sciences Centre Foundation Inc.$50K
- The Grant MacEwan University Foundation$50K
- Wilfrid Laurier University$50K
- Royal Institution for the Advancement of Learning$50K
- Focus Forward for Indigenous Youth$50K
- The Governing Council of the University of Toronto$50K
- The Governors of the University of Alberta$50K
- Sinai Health Foundation$50K
- Trillium Health Partners Foundation$50K
Received $15 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from The KPMG Foundation/la Fondation KPMG’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889805594RR0001), or read how we compute the receipt.