The Retired Teachers of Ontario Foundation
Public foundation · Toronto, Ontario · BN 848662110RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($856,590) as filed with the CRA.
The Retired Teachers of Ontario Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $884K in revenue and $857K in expenditures.
Its funding that year was roughly 59% from donations. In 2024, 6 other registered charities reported granting it a combined $8,047.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 12% of peers. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 3 permanent full-time positions.
As a grantmaker, it reported gifts to 4 qualified donees totalling $90K in 2024, the largest being $35K to Alzheimer Society of Ontario. Revenue has grown substantially over its filings on record here, from $462K in 2020 to $884K in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
The rtoero foundation raises funds to support research and programs aimed at improving the quality of life for older adults in canada. We currently invest in geriatrics/gerontology research as well as initiatives that address the growing problem of social isolation and loneliness among older adults. The overarching goal of the rtoero foundation's annual granting program is to identify and partner with researchers and community programmers in order to address the most criticial issues faced by our aging population. The foundation awards grants to projects that improve seniors' health and wellne…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $884K | $857K | $220K | $69K | $176K | — |
| 2023 | $907K | $844K | $177K | $69K | $244K | $1M |
| 2022 | $698K | $460K | $160K | $107K | — | $1.1M |
| 2021 | $505K | $459K | $137K | $103K | $83K | $816K |
| 2020 | $462K | $402K | $125K | $91K | $50K | $770K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $90K to 4 qualified donees:
Received $8,047 from 6 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $80,000–119,9992 positions
- Permanent full-time positions3
- Total compensation, all staff$369K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Edward Whiteland (chair); Anaar Jessa (vice chair); James Grieve (secretary); Jack Panozzo (director); John Moore (director); Michele Clemens (director); Suzanne Poudrette-Gagnon (director); Christopher Smith (director); Siyu Yang (director); Claudia Mang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Retired Teachers of Ontario Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 848662110RR0001), or read how we compute the receipt.