The Tyndale Foundation
Public foundation · North York, Ontario · BN 888915634RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($4,381,342) as filed with the CRA.
The Tyndale Foundation is a public foundation based in North York, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending April 30, 2024, it reported $2.8M in revenue and $4.4M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 48% from donations, 33% from other charities. In 2024, 41 other registered charities reported granting it a combined $939K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 47% of peers. Its fundraising cost per donated dollar was higher than 78% of that peer group. Its highest-paid positions fell in the $40,000–79,999 range (4 positions in that band). The charity reported 4 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $3.7M in 2024, the largest being $3.7M to Tyndale University. Revenue has declined over its filings on record here, from $4.8M in 2020 to $2.8M in 2024. Its filed list of directors and trustees shows 8 names.
In its own words
1) To provide funding to support the various programs and operations of Tyndale University 2) To provide funding for capital and new projects of Tyndale Unversity
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.8M | $4.4M | — | $702K | $3.7M | $14.8M |
| 2023 | $3.9M | $7.5M | — | $608K | $6.9M | $16.4M |
| 2022 | $3.9M | $5.7M | — | $566K | $5.1M | $20M |
| 2021 | $5.8M | $3.2M | — | $601K | $2.6M | $21.7M |
| 2020 | $4.8M | $4M | — | $1.3M | $2.6M | $19.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.7M to 1 qualified donee:
- Tyndale University$3.7M
Received $939K from 41 charities:
- The Foundation Office.ca$135K
- Heron Family Foundation$125K
- The Hearn Family Foundation$100K
- The Free Methodist Church in Canada$98K
- Abba Missions and Medical Foundation$85K
- Aqueduct Foundation$85K
- Koinonia Charitable Trust$55K
- Canadian National Christian Foundation$50K
- Canadahelps Canadon$28K
- Canadahelps Canadon$28K
- The Bible League of Canada$27K
- Toronto Foundation$20K
- Peoples Ministries Inc.$15K
- Charitable Gift Funds Canada Foundation$15K
- Logos Baptist Church Joint Mission (LBC-JM)$13K
- Vamvakas Family Foundation$10K
- Maranatha Foundation$5,000
- Scarborough Chinese Baptist Church$4,500
- Richmond Hill (chinese) Baptist Church$4,000
- North Toronto Chinese Baptist Church$3,600
- Markham Chinese Baptist Church$3,500
- Link Charity Canada Inc$2,700
- Canadian Online Giving Foundation$2,535
- Hamilton Community Foundation$2,517
- Formosan Grace Christian Church in Toronto$2,480
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9994 positions
- Permanent full-time positions4
- Total compensation, all staff$387K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Scott Cameron (chair); Kevin Kirk (president); David Harris Kolada (vice chair); Glen Roadknight (treasurer); Gordon Stanton (director); Marjory Kerr (director); Alexandra Lee (secretary); Leslie McCormick (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Tyndale Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888915634RR0001), or read how we compute the receipt.