The Sprott Foundation
Private foundation · Toronto, Ontario · BN 122988504RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($12,246,899) as filed with the CRA.
The Sprott Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported -$6.5M in revenue and $12.2M in expenditures.
In 2024, 1 other registered charity reported granting it a combined $10.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 98% of peers. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 2 permanent full-time positions.
As a grantmaker, it reported gifts to 68 qualified donees totalling $11.3M in 2024, the largest being $1.5M to The WoodGreen Foundation. Revenue has declined over its filings on record here, from $120.6M in 2020 to -$6.5M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Ongoing programs provide grants to qualified donees to support initiatives that alleviate poverty by providing housing and food security solutions.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | -$6.5M | $12.2M | $11.3M | — | $11.3M | $157.8M |
| 2023 | $5.6M | $14.4M | $13.6M | — | $13.6M | $146M |
| 2022 | -$4.3M | $17M | $16.2M | — | $16.2M | $181.4M |
| 2021 | $33.9M | $24M | $23.5M | — | $23.5M | $261.2M |
| 2020 | $120.6M | $31.2M | $30.4M | — | $30.8M | $295.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $11.3M to 68 qualified donees — largest 25 shown:
- The WoodGreen Foundation$1.5M
- Brands for Canada$1.3M
- Right To Food$1M
- Second Harvest Canada$800K
- Community Foundations of Canada$750K
- The Stop Community Food Centre$600K
- Foodshare Toronto$375K
- Covenant House Toronto$350K
- Jays CARE Foundation$345K
- Breakfast Club of Canada$340K
- Parkdale Queen West Community Health Centre$300K
- David McAntony Gibson Foundation$300K
- Daily Bread Food Bank$300K
- Street Health Community Nursing Foundation$300K
- Food for Life Canada Charitable Corporation$250K
- Eva's Initiatives for Homeless Youth$230K
- Makeway Charitable Society$210K
- Food4Kids Ontario$207K
- Guelph Community Health Centre$150K
- Kinvia$125K
- Makeway Charitable Society$115K
- Fred Victor Centre$110K
- Annaumakkaijiit Community Foundation$100K
- Breakfast Club of Canada$100K
- Wish Drop-In Centre Society$100K
Received $10 from 1 charity:
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
- $80,000–119,9991 position
- Permanent full-time positions2
- Total compensation, all staff$331K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Eric Sprott (chair); Sharman Learie (director); Juliana Sprott (vice chair); Larisa Sprott (director); Mark Sprott (treasurer); Elizabeth (lizzy) McNeely (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Sprott Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 122988504RR0001), or read how we compute the receipt.