The Michelle Koerner Family Foundation
Private foundation · Toronto, Ontario · BN 823457569RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($576,974) as filed with the CRA.
The Michelle Koerner Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.2M in revenue and $577K in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 98% of peers.
As a grantmaker, it reported gifts to 10 qualified donees totalling $418K in 2024, the largest being $103K to National Gallery of Canada Foundation/fondation du Musée des Beaux-Arts du Canada. Its filed list of directors and trustees shows 1 name.
In its own words
The Foundation provides donations to various charitable organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $577K | $159K | — | $418K | $9M |
| 2023 | $914K | $560K | $151K | — | $409K | $8.4M |
| 2022 | $96K | $406K | — | — | $255K | $8M |
| 2021 | $1.9M | $372K | — | — | $240K | $8.4M |
| 2020 | $789K | $316K | — | — | $205K | $6.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $418K to 10 qualified donees:
- National Gallery of Canada Foundation/fondation du Musée des Beaux-Arts du Canada$103K
- Environmental Defence$100K
- Mars Discovery District$50K
- Fall for Dance North Festival Inc.$50K
- Art Gallery of Ontario$30K
- Museum of Comptemporary Art Toronto Canada$25K
- Aciac$25K
- Canada's National Ballet School l'Ecole Nationale de Ballet du Canada$25K
- YWCA Toronto$5,000
- McMichael Canadian Art Foundation$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$45K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Michelle D. Koerner (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Michelle Koerner Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 823457569RR0001), or read how we compute the receipt.