The Waugh Family Foundation
Private foundation · Toronto, Ontario · BN 848673885RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,081,492) as filed with the CRA.
The Waugh Family 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 $7.1M in revenue and $4.1M in expenditures.
In 2024, 1 other registered charity reported granting it a combined $9.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers.
As a grantmaker, it reported gifts to 20 qualified donees totalling $3M in 2024, the largest being $579K to ST. Michael's and Providence Foundation. Revenue has grown substantially over its filings on record here, from $2.9M in 2020 to $7.1M in 2024. Its filed list of directors and trustees shows 12 names.
In its own words
The waugh family foundation is a granting foundation providing contributions to qualified donees within the limits of the letters patent. Grants are initiated by the directors or persons specifically authorized by the board.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $7.1M | $4.1M | — | — | $3.3M | $43.4M |
| 2023 | $4.2M | $3M | — | — | $2.4M | $40.4M |
| 2022 | -$841K | $2.6M | — | — | $2.1M | $39.2M |
| 2021 | $7.6M | $3.2M | — | — | $2.6M | $42.7M |
| 2020 | $2.9M | $2.8M | — | — | $2.2M | $38.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3M to 20 qualified donees:
- ST. Michael's and Providence Foundation$579K
- York University$438K
- United Way of Greater Toronto$273K
- The Horatio Alger Association of Canada$225K
- Rideau Hall Foundation$200K
- Give Across Borders$180K
- David Foster Foundation$158K
- United Jewish Appeal of Greater Toronto$150K
- Sunnybrook Health Sciences Centre Foundation$143K
- The Hospital for Sick Children Foundation$125K
- The York School$100K
- StayWell Suites Charity$100K
- Circle of Home CARE Services (toronto)$100K
- Nanny Angel Network Inc.$65K
- ErinoakKids Centre for Treatment and Development$50K
- Developing Scholars: Supporting Education in Developing Countries Inc.$50K
- The Princess Margaret Cancer Foundation$45K
- Toronto Children's CARE Inc.$40K
- Huron University College Foundation$20K
- Philanthropic Foundations Canada/fondations Philanthropiques Canada$5,250
Received $9 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$54K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Richard Waugh (director); Lynne Waugh (director); David Waugh (director); Stephen Waugh (director); Christopher Waugh (director); Malcolm Burrows (director); Bonnie Lovelace (executive director); Jeff Petursson (director); Hayley Waugh (directors); Stacey Waugh (directors); Lisa Waugh (directors); Sarabjit (sabi) Marwah (directors).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Waugh Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 848673885RR0001), or read how we compute the receipt.