The Krembil Foundation
Private foundation · Toronto, Ontario · BN 890402167RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($25,268,436) as filed with the CRA.
The Krembil Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $64.9M in revenue and $25.3M in expenditures.
Its funding that year was roughly 55% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 64% of peers. Its highest-paid position fell in the $350,000 and over range. The charity reported 6 permanent full-time positions.
As a grantmaker, it reported gifts to 23 qualified donees totalling $22M in 2024, the largest being $10.1M to UHN Foundation. Its filed list of directors and trustees shows 6 names.
In its own words
During the year The Krembil Foundation made gifts to qualified donees operating in the fields of health care (primarily hospitals and specialized health organizations) education and social services.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $64.9M | $25.3M | — | — | $23.3M | $240M |
| 2023 | $44.9M | $15.8M | — | — | $14.1M | $200.3M |
| 2022 | -$6.2M | $12.3M | — | — | $11M | $171.4M |
| 2021 | $67.8M | $14.1M | $1,000 | — | $12.8M | $189.9M |
| 2020 | -$10.3M | $13.8M | — | — | $12.5M | $136.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $22M to 23 qualified donees:
- UHN Foundation$10.1M
- Centre for Addiction and Mental Health Foundation$5.5M
- Sinai Health Foundation$1.6M
- University of Toronto$1.2M
- The Hospital for Sick Children Foundation$1M
- Perimeter Institute$800K
- The Governors of The University of Calgary$524K
- McMaster University$405K
- University of Western Canada$395K
- The Princess Margaret Cancer Foundation$100K
- The Gairdner Foundation$100K
- Brain Canada Foundation$73K
- York University$70K
- Daily Bread Food Bank$25K
- Muscular Dystrophy Canada / Dystrophie musculaire Canada$20K
- Best Buddies of Canada$15K
- Long-Run Thoroughbred Retirement Society$10K
- FINCA Canada$10K
- Best Buddies of Canada$10K
- The WoodGreen Foundation$5,000
- ST. Michael's and Providence Foundation$5,000
- Ontario Society for the Prevention of Cruelty to Animals$5,000
- The Peel Learning Foundation$2,500
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $120,000–159,9993 positions
- $40,000–79,9992 positions
- Permanent full-time positions6
- Total compensation, all staff$1.2M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Robert Krembil (chair of the board); Linda Krembil (vice-president); Stacey A. Krembil (secretary-treasurer); Mark R. Krembil (president executive director); Jacob Krembil (director); Riley Krembil (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Krembil Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890402167RR0001), or read how we compute the receipt.