The Schad Foundation
Private foundation · Woodbridge, Ontario · BN 890877590RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,755,041) as filed with the CRA.
The Schad Foundation is a private foundation based in Woodbridge, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $11.5M in revenue and $4.8M in expenditures.
Its funding that year was roughly 13% from donations. In 2024, 4 other registered charities reported granting it a combined $230K.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 57% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 45 qualified donees totalling $3.2M in 2024, the largest being $1.5M to The Earth Rangers Foundation. Revenue has grown substantially over its filings on record here, from $4M in 2020 to $11.5M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Made qualifying disbursements to grantee organizations. Worked with Federal and Provincial governments on the establishment of protected and conserved areas. Worked with qualified donees as well as federal and provincial governments to advance food security and healthy eating.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11.5M | $4.8M | $575K | — | $3.7M | $87.2M |
| 2023 | $6.5M | $4.4M | $534K | — | $3.1M | $80.4M |
| 2022 | -$6.2M | $3.7M | $366K | — | $2.7M | $78.2M |
| 2021 | $9.4M | $3.8M | $623K | — | $2.6M | $88.1M |
| 2020 | $4M | $4M | $188K | — | $2.7M | $82.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$8,157,056
- Receipted donations$1,250,000
- Other gifts$230,000
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $3.2M to 45 qualified donees — largest 25 shown:
- The Earth Rangers Foundation$1.5M
- People's Food Institute L'Institut Pour Une Alimentation Populaire$255K
- Breakfast Club of Canada$185K
- Thousand Islands Watershed Land Trust$180K
- Farm to Cafeteria Canada Society$150K
- Toronto Foundation for Student Success$140K
- Right To Food$75K
- The Governing Council of the University of Toronto$70K
- Township of Uxbridge$60K
- WCS Wildlife Conservation Society Canada$50K
- Toronto Wildlife Centre$50K
- Kawartha Turtle Trauma Centre$50K
- Government of Newfoundland & Labrador$50K
- The Canadian College of Naturopathic Medicine$50K
- Growing Chefs! Ontario Society$30K
- The Nature Conservancy of Canada$25K
- Makeway Foundation$25K
- Makeway Charitable Society$25K
- Haliburton Highlands Land Trust$25K
- Guelph Community Health Centre$25K
- Corporation of the Township of Renfrew$25K
- CANADIAN PARKS AND WILDERNESS SOCIETY/La Société pour la nature et les parcs du Canada$25K
- University of Virginia - University of Engineering & Darden$14K
- Toronto Zoo Wildlife Conservancy$10K
- Tree Canada / Arbres Canada$10K
Received $230K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- Permanent full-time positions1
- Total compensation, all staff$295K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Elizabeth Schad (director); Michael Schad (director); Jay MacDonald (director); Peter Kendall (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Schad Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890877590RR0001), or read how we compute the receipt.