The Loretto Ladies' Colleges and Schools
Publicly funded institution · Toronto, Ontario · BN 119242873RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($7,272,642) as filed with the CRA.
The Loretto Ladies' Colleges and Schools is a charitable organization based in Toronto, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $7.4M in revenue and $7.3M in expenditures.
Its funding that year was roughly 6% from donations, 50% from other charities. In 2024, 4 other registered charities reported granting it a combined $3.7M.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 60% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid positions fell in the $40,000–79,999 range (6 positions in that band). The charity reported 10 permanent full-time positions.
It reported gifts to 90 qualified donees totalling $834K in 2024, the largest being $250K to L'Arche Canada Foundation. Its filed list of directors and trustees shows 4 names.
In its own words
Loretto ladies' colleges and schools serves the community through university ministry counselling advocacy for women and children in need promotion of justice spiritual direction retreat work social work education parish and refugee ministry and care-giving for those in need.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $7.4M | $7.3M | $5.8M | — | $834K | $22.6M |
| 2023 | $7.3M | $6.3M | $5.3M | — | $357K | $22.4M |
| 2022 | $6.9M | $7M | $6.4M | — | $91K | $21.4M |
| 2021 | $5.8M | $6M | $5.4M | — | $83K | $21.5M |
| 2020 | $5.3M | $6.2M | $5.6M | — | $133K | $21.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $834K to 90 qualified donees — largest 25 shown:
- L'Arche Canada Foundation$250K
- Catholic Cross Cultural Services$210K
- The Niagara Foundation for Catholic Education$50K
- Catholic Charities of the Archdiocese of Toronto$50K
- Sharelife$25K
- Guelph (M.O.G.) Welcome In Drop In Centre Corporation$24K
- Becoming Neighbours Joint Apostolic Ministry$20K
- The Angel Foundation for Learning$20K
- Canadahelps Canadon$13K
- Daily Bread Food Bank$10K
- Small Change Fund$10K
- Sistering-A Woman's Place$10K
- Kaleidoscope Social Impact Inc.$10K
- Indspire$10K
- FCJ Refugee Centre$10K
- Organisation Catholique Canadienne pour le Développement et la Paix$10K
- Catholic Charities of the Archdiocese of Toronto$10K
- Canadian Jesuits International$10K
- The Street Haven at the Crossroads$5,250
- Good Shepherd Refuge Social Ministries$5,200
- Regis College$5,000
- ST Paul's ON-The-Hill Anglican Church$5,000
- ST. John the Compassionate Mission$5,000
- Saskatoon Food Bank Incorporated$5,000
- Regina & District Food Bank Inc.$5,000
Received $3.7M from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9996 positions
- $1–39,9994 positions
- Permanent full-time positions10
- Total compensation, all staff$1.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Carmen Diston (president & director); Jane McDonell (treasurer); Sarah Rudolph (secretary); Madeliene Cira (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Loretto Ladies' Colleges and Schools’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119242873RR0001), or read how we compute the receipt.