The Schroeder Foundation
Private foundation · Toronto, Ontario · BN 830053583RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($122,632,281) as filed with the CRA.
The Schroeder Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $99.1M in revenue and $122.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 81% from other charities.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 25 qualified donees totalling $122.1M in 2024, the largest being $92.1M to Schroeder Ambulatory Centre Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation distributes funds to one or more qualified donees within the meaning of the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $99.1M | $122.6M | — | — | $122.1M | $205.3M |
| 2023 | $173.1M | $131.3M | — | — | $131M | $228.8M |
| 2022 | $70.3M | $43.1M | — | — | $42.9M | $187M |
| 2021 | $77.2M | $60.1M | — | — | $59.9M | $159.8M |
| 2020 | $81.7M | $12.2M | $6,531 | — | $12M | $142.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $122.1M to 25 qualified donees:
- Schroeder Ambulatory Centre Foundation$92.1M
- Schroeder Ambulatory Centre$11.1M
- UHN Foundation$6.6M
- McMaster University$2.4M
- ST. Michael's and Providence Foundation$2.1M
- Red River College Polytechnic$1.8M
- Terra Bay Food Services Inc.$1.6M
- Children's Heritage Education Endowment Fund$1.2M
- The University of Manitoba$617K
- Food Allergy Canada / Allergies Alimentaires Canada$540K
- Inner City Youth Alive Inc$500K
- The University of Winnipeg$500K
- Toronto Metropolitan University$300K
- The Horatio Alger Association of Canada$300K
- Manitoba School Improvement Program-The Peaceful Village Inc.$177K
- The Smile Company$132K
- One Voice One Team Youth Leadership Organization$73K
- Chai Lifeline (canada) Inc.$60K
- Daniel McIntyre Collegiate Institute Alumni Athletic Cultural and Education Fund Inc.$49K
- Cancercare Manitoba Foundation Inc.$20K
- The Janeway Children's Hospital Foundation$20K
- Richmond Hill Community Food Bank$5,000
- B.a.a.n.n. Theatre Centre$5,000
- Sunnybrook Health Sciences Centre Foundation$2,500
- Hockey Helps the Homeless/hockey Aide les Sans-Abri$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$270K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Walter Schroeder (director); Maria Schroeder (director); Michael McConnell (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Schroeder Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 830053583RR0001), or read how we compute the receipt.