The Sixty Three Foundation
Private foundation · Toronto, Ontario · BN 871525333RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($7,122,588) as filed with the CRA.
The Sixty Three 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 $82.3M in revenue and $7.1M in expenditures.
Its funding that year was roughly 86% 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 89% of peers.
As a grantmaker, it reported gifts to 94 qualified donees totalling $7.1M in 2024, the largest being $1.4M to Canadian Friends of IIT Madras. Revenue has grown substantially over its filings on record here, from $7.4M in 2020 to $82.3M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Fundraising to fund other charities carrying out qualified charitable activities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $82.3M | $7.1M | — | — | $7.1M | $175M |
| 2023 | $41.6M | $6M | — | — | $6M | $99.8M |
| 2022 | $40.4M | $7.4M | — | — | $7.3M | $64.2M |
| 2021 | $14.4M | $8.4M | — | — | $8.3M | $31.2M |
| 2020 | $7.4M | $9.1M | — | — | $9.1M | $25.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$70,554,250
- Investment income$4,760,342
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 $7.1M to 94 qualified donees — largest 25 shown:
- Canadian Friends of IIT Madras$1.4M
- Branksome Hall$1M
- The Governing Council of the University of Toronto$1M
- The Horatio Alger Association of Canada$656K
- ST. Michael's and Providence Foundation$440K
- Next Canada$333K
- Scarborough Health Network Foundation$250K
- United Way of Greater Toronto$201K
- Trillium Health Partners Foundation$200K
- Toronto East Health Network Foundation$200K
- Daily Bread Food Bank$150K
- Canadian Tennis Association$100K
- The Yonge Street Mission$100K
- North York Harvest Food Bank$94K
- The Governing Council of the Salvation Army in Canada$75K
- Second Harvest Canada$65K
- Shewchenko Foundation$50K
- The Toronto Star Children's Charities$50K
- Université Laval$40K
- The Fraser Institute$35K
- Dalhousie University$30K
- Institut sur la gouvernance d'organisations privées et publiques/ The Institute for the Governance of Private and Public Organisations.$30K
- The Corporation of Massey Hall and Roy Thomson Hall$29K
- UHN Foundation$26K
- The Toronto Symphony$25K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
V. Prem Watsa (director and president); Roger Lace (director); Jennifer Allen (treasurer and vice president); Thomas Rowe (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Sixty Three Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 871525333RR0001), or read how we compute the receipt.