Charity BreakdownCanadian charity filings, itemized

The Maytree Foundation

Private foundation · Toronto, Ontario · BN 119244663RR0001 · Foundations · website

Your $100, itemizedThe Maytree FoundationFiscal year ended November 30, 2024
Charitable programs$53
Gifts to other charities$38
Management & admin$9
TOTAL$100
Registered

Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($6,600,576) as filed with the CRA.

The Maytree Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $6.3M in revenue and $6.6M in expenditures.

Its funding that year was roughly 98% from donations. In 2024, 1 other registered charity reported granting it a combined $66K.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 61% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 12 permanent full-time positions.

As a grantmaker, it reported gifts to 24 qualified donees totalling $2.5M in 2024, the largest being $300K to Ontario Employment Education and Research Centre. Its filed list of directors and trustees shows 8 names.

In its own words

The foundation is committed to reducing poverty in canada. It seeks to accomplish this objective through: (a) a granting program (providing gifts to qualified donees) (b) programming that promotes leadership in poverty reduction and assists people living in poverty to participate fully in their communities (c) research and policy analysis to support public policy to reduce poverty and (d) programming that strengthens the capacity of the community sector.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$6.3M$6.6M$3.5M$2.5M-$298K
2023$5.7M$5.8M$2.4M$2.9M-$31K
2022$4.8M$5.3M$2.1M$2.8M$29K
2021$4.5M$4.1M$1.9M$1.9M$570K
2020$4.8M$4.7M$2.2M$2.1M$163K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

Its ten highest-paid positions, by band:

  • $250,000–299,9991 position
  • $120,000–159,9994 positions
  • $80,000–119,9993 positions
  • $40,000–79,9992 positions
  • Permanent full-time positions12
  • Total compensation, all staff$1.7M

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Vali Bennett (secretary); Judith Broadbent (director/vice chairman); Matthew Broadbent (vice-chairman); Richard Broadbent (director); Samuel Broadbent (director); Thomas Burns (director); Elizabeth McIsaac (president); Jeffrey Szeto (treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Maytree Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119244663RR0001), or read how we compute the receipt.