Charity BreakdownCanadian charity filings, itemized

The Psychology Foundation of Canada

Charitable organization · Toronto, Ontario · BN 889212395RR0001 · Community Resource Organizations · website

Your $100, itemizedThe Psychology Foundation of CanadaFiscal year ended December 31, 2024
Charitable programs$66
Fundraising$22
Management & admin$12
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,249,957) as filed with the CRA.

The Psychology Foundation of Canada is a charitable organization based in Toronto, Ontario, classified by the CRA under community resource organizations. In its fiscal year ending December 31, 2024, it reported $2.1M in revenue and $1.2M in expenditures.

Its funding that year was roughly 9% from donations, 9% from government, 16% from other charities. In 2024, 17 other registered charities reported granting it a combined $467K.

Compared with 299 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% of peers. Its fundraising cost per donated dollar was higher than 88% of that peer group. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 7 permanent full-time positions.

Revenue has grown substantially over its filings on record here, from $910K in 2020 to $2.1M in 2024. Its filed list of directors and trustees shows 16 names.

In its own words

We advance mental health with Canadian families by empowering them with coping mechanisms and the tools to thrive amidst life's challenges. We accomplish this by using psychological science to develop and deliver programs and resources to teach infants children and youth and their supportive key adult stakeholders proactive coping skills to positively manage their mental health. Our focus includes three key pillars of mental health promotion: (1) Attachment (2) Stress Management (3) Resilience Building Our attachment-based parenting program Make the Connection supports and promotes bui…

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$2.1M$1.2M$828K$279K$3.1M
2023$1.2M$1.1M$733K$152K$2.1M
2022$845K$1.1M$750K$83K$2.1M
2021$1.2M$649K$450K$11K$505K
2020$910K$637K$456K$9,156$1.8M

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:

  • $120,000–159,9991 position
  • $80,000–119,9991 position
  • $40,000–79,9996 positions
  • Permanent full-time positions7
  • Total compensation, all staff$548K

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

Directors & trustees (2024)

Liane Davey (trustee); Eric Jackman (founding chair); Mark Smith (president); Michael Ort (treasurer); Robin Alter (trustee); Kofi-Len Belfon (trustee); Jessica Goldberg (vice chair); Rebecca Riddell (trustee); Valerie Sterling (trustee); Malcom McLean (director); Marie-Josee Gendron (director); Diana Brecher (trustee); Jacqueline Weatherbee (trustee); Julie Gaudy (trustee); Michael Beeforth (trustee); Nicole Racine (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Psychology Foundation of Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889212395RR0001), or read how we compute the receipt.