Toledo Foundation (TF)
Publicly funded institution · Mississauga, Ontario · BN 713143139RR0002 · Teaching Institutions · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($412,753) as filed with the CRA.
Toledo Foundation (TF) is a charitable organization based in Mississauga, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $135K in revenue and $413K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 73% from donations, 23% from government.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 33% of peers.
It reported gifts to 1 qualified donee totalling $320K in 2024, the largest being $320K to Peel Muslim Community Center. Revenue has declined over its filings on record here, from $396K in 2022 to $135K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Toledo Foundation was born when various members in the community came together and understood that their kids needed an environment that would allow their kids to understand their true potential and excel in the talents that they were gifted. Toledo’s adaptive curriculum challenges current paradigms and orbits around the youth it aims to serve. Toledo Foundation comprises different educational programs such as summer camps and pop-up events. They are mostly active in the holiday season when they offer their camps as well as family night programs and escape room adventures. Furthermore Tol…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $135K | $413K | $6,260 | $13K | $320K | $34K |
| 2023 | $333K | $97K | $68K | $14K | — | $311K |
| 2022 | $396K | $326K | $23K | $4,473 | $0 | $76K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $320K to 1 qualified donee:
- Peel Muslim Community Center$320K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions0
- Total compensation, all staff$31K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Kwame Obour-Agyeman (president); Hashir Sheikh (secretary); Ahmed Jamil (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Toledo Foundation (TF)’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 713143139RR0002), or read how we compute the receipt.