The Master and Fellows of Massey College
Charitable organization · Toronto, Ontario · BN 119034643RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($5,332,510) as filed with the CRA.
The Master and Fellows of Massey College is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending April 30, 2024, it reported $5.7M in revenue and $5.3M in expenditures.
Its funding that year was roughly 17% from donations, 9% from other charities. In 2024, 20 other registered charities reported granting it a combined $372K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers. Its fundraising cost per donated dollar was lower than 94% of that peer group. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 32 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $3.3M in 2020 to $5.7M in 2024. Its filed list of directors and trustees shows 22 names.
In its own words
The advancement of learning maintenance of hall of residence for graduate students of the university of toronto who are studying for further degrees at the university of toronto and to provide amenities and facilities for a community of scholars.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.7M | $5.3M | $3.6M | $4,675 | — | $15.6M |
| 2023 | $4.4M | $4.9M | $3.2M | $18K | — | $15.2M |
| 2022 | $4.4M | $4.3M | $2.9M | $23K | — | $15.7M |
| 2021 | $6.3M | $4.4M | $3.1M | $14K | — | $15.6M |
| 2020 | $3.3M | $3.8M | $2.6M | $19K | — | $13.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $372K from 20 charities:
- The Quadrangle Fund$189K
- Aqueduct Foundation$38K
- The Delaney Family Foundation$35K
- Charitable Gift Funds Canada Foundation$34K
- The McLean Foundation$25K
- Nancy's Very Own Foundation$10K
- The Chêne Foundation$10K
- Toronto Foundation$6,437
- Canadahelps Canadon$5,599
- Brookfield Partners Foundation$5,000
- The Ouellette Family Foundation$3,000
- The MacMillan Family Foundation$3,000
- The George Cedric Metcalf Charitable Foundation$2,500
- The Minett Foundation$1,800
- M. Bonham Charitable Foundation$1,000
- The United Church of Canada Foundation$1,000
- WCPD Foundation$750
- Makeway Foundation$500
- The Norman and Margaret Jewison Charitable Foundation$400
- Caron Thorburn Institute$200
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $120,000–159,9992 positions
- $80,000–119,9995 positions
- $40,000–79,9992 positions
- Permanent full-time positions32
- Total compensation, all staff$2.7M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Joshua Barker (senior fellow); James Bird (junior fellow); David Cameron (senior fellow); Tim Casgrain (quadrangle society); Wanekia Dunn (alum); Meric Gertler (senior fellow); Paul Gooch (senior fellow); Edith Hillan (senior fellow); Jennifer Jenkins (senior fellow); R. Stacey Laforme (senior fellow); William Layng (junior fellow); John Massey (senior fellow); Raymond Massey (senior fellow); Anita McGahan (senior fellow); Pankaj Mehra (senior fellow); Akwasi Owusu-Bempah (senior fellow); J Robert Prichard (senior fellow); David Robertson (senior fellow); Jonathan Rose (acting principal); David Smith (quadrangle society); Robbie Steele (junior fellow); Peter Tovell (senior fellow).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Master and Fellows of Massey College’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119034643RR0001), or read how we compute the receipt.