The Schulich Foundation
Private foundation · Toronto, Ontario · BN 119257285RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($25,587,698) as filed with the CRA.
The Schulich Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $78M in revenue and $25.6M in expenditures.
Its funding that year was roughly 24% from donations.
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 $350,000 and over range.
As a grantmaker, it reported gifts to 54 qualified donees totalling $22.6M in 2024, the largest being $11M to United Jewish Appeal of Greater Toronto. Revenue has grown substantially over its filings on record here, from $32.7M in 2020 to $78M in 2024. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $78M | $25.6M | — | — | $23M | $563.5M |
| 2023 | -$65M | $21.1M | — | — | $18.5M | $511.1M |
| 2022 | $81.9M | $18.2M | — | — | $15.9M | $597.2M |
| 2021 | $164.2M | $18.6M | — | — | $17M | $533.5M |
| 2020 | $32.7M | $14.4M | — | — | $13M | $387.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $22.6M to 54 qualified donees — largest 25 shown:
- United Jewish Appeal of Greater Toronto$11M
- United Jewish Appeal of Greater Toronto$3M
- United Jewish Appeal of Greater Toronto$1M
- United Jewish Appeal of Greater Toronto$1M
- Humber River Health Foundation$1M
- The Fraser Institute$500K
- United Jewish Appeal of Greater Toronto$448K
- United Jewish Appeal of Greater Toronto$290K
- The Mohawk College Foundation$225K
- The Loyalist College Foundation$225K
- The George Brown College Foundation$225K
- The Algonquin College of Applied Arts and Technology$225K
- The Centennial College of Applied Arts and Technology$225K
- Fanshawe College Foundation$225K
- Sheridan College$225K
- The Durham College Foundation$225K
- The Conestoga College Institute of Technology and Advanced Learning$225K
- The Humber College Institute of Technology and Advanced Learning$225K
- Sunnybrook Health Sciences Centre Foundation$200K
- North York Harvest Food Bank$200K
- Royal Institution for the Advancement of Learning$150K
- Sunnybrook Health Sciences Centre Foundation$120K
- Art Gallery of Ontario$100K
- The Governors of The University of Calgary$100K
- McMichael Canadian Art Foundation$100K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $200,000–249,9991 position
- $120,000–159,9991 position
- $80,000–119,9991 position
- Total compensation, all staff$896K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Seymour Schulich (president); Tanna Schulich (vice president); Judith Schulich (vice president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Schulich Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119257285RR0001), or read how we compute the receipt.