The Modern.toronto Inc.
Private foundation · Toronto, Ontario · BN 850010083RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($150,448) as filed with the CRA.
The Modern.toronto Inc. is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $7.8M in revenue and $150K in expenditures.
Its funding that year was roughly 100% from donations. In 2024, 1 other registered charity reported granting it a combined $10K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 2% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has grown substantially over its filings on record here, from $440K in 2020 to $7.8M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Making gifts to qualified donees including those that educate the public about visual art through exhibition.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $7.8M | $150K | $39K | — | — | $8.2M |
| 2023 | $21K | $149K | $117K | — | — | $624K |
| 2022 | $19K | $183K | — | — | — | $746K |
| 2021 | $887K | $1.5M | — | — | $1.5M | $910K |
| 2020 | $440K | $110K | $44K | — | — | $1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $10K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Benjamin Woolfitt (director); Bonnie Kievit (director); Susan Breitner (director); Mark Roth (director); Joseph Colero (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Modern.toronto Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 850010083RR0001), or read how we compute the receipt.