The Physicians' Services Incorporated Foundation
Public foundation · Toronto, Ontario · BN 107842726RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($7,097,006) as filed with the CRA.
The Physicians' Services Incorporated Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $8.8M in revenue and $7.1M in expenditures.
In 2024, 1 other registered charity reported granting it a combined $19K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 50% of peers. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 5 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $5.1M in 2020 to $8.8M in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
Psi funds medical and education research in the province of ontario. Psi funds operating grants educational fellowships knowledge translation fellowships and mid-career fellowships.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $8.8M | $7.1M | $6.2M | — | — | $140.8M |
| 2023 | $8.3M | $7.4M | $6.5M | — | — | $122.4M |
| 2022 | $7.1M | $6.1M | $5.3M | — | — | $115.8M |
| 2021 | $5.6M | $7.1M | $5.7M | — | — | $126.5M |
| 2020 | $5.1M | $5.9M | $5.1M | — | — | $96.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $19K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $40,000–79,9994 positions
- Permanent full-time positions5
- Total compensation, all staff$645K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Giselle Bodkin (director); Deborah Cook (director); John Drover (director); Andrea Gershon (director); William Hemens (director); Ishrat Husain (director); David Middleton (director); Naana Jumah (director); Robin Walker (director); Samuel Moore (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Physicians' Services Incorporated Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107842726RR0001), or read how we compute the receipt.