Torch Educational Foundation
Publicly funded institution · Toronto, Ontario · BN 119265734RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($5,560,757) as filed with the CRA.
Torch Educational Foundation is a charitable organization based in Toronto, 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 June 30, 2024, it reported $5.6M in revenue and $5.6M in expenditures.
Its funding that year was roughly 6% from donations. In 2024, 8 other registered charities reported granting it a combined $91K.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 34 permanent full-time positions.
Its filed list of directors and trustees shows 14 names.
In its own words
Torch educational foundation operating as the mabin school (the 'school') is an independent school for girls and boys from junior kindergarten to grade 6. It is incorportated without share capital under the laws of ontario. The mission of the school is to provide an educational environment in which children can fully develop their individual academic intellectual social/emotional and physical potentials each at his/her own pace. The acquisition of basic academic and social skills is the foundation on which all learning and development is built. These skills are archived and ensured throug…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.6M | $5.6M | $4.1M | $47K | — | $5M |
| 2023 | $5.4M | $4.9M | $3.8M | $88K | — | $5M |
| 2022 | $4.2M | $4.4M | $3.5M | $87K | — | $5M |
| 2021 | $4M | $4.1M | $2.9M | $97K | $3,453 | $5.2M |
| 2020 | $4.3M | $3.9M | $2.8M | $85K | — | $5.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $91K from 8 charities:
- T.R. Meighen Family Foundation/Fondation de la Famille T.R. Meighen$35K
- The Haynes-Connell Foundation$25K
- Burgundy Legacy Foundation$10K
- The Donald F. Hunter Charitable Foundation$10K
- United Way of Greater Toronto$5,016
- Canadian Online Giving Foundation$3,221
- Jewish Foundation of Greater Toronto$2,000
- Charitable Gift Funds Canada Foundation$500
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $120,000–159,9993 positions
- $80,000–119,9996 positions
- Permanent full-time positions34
- Total compensation, all staff$3.9M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Alan Gertner (director); Bianca Auceillo (director); Corinne Godsall (director); Emily McKernan (chair governance); Jamie Campbell (chair); Mark Jones (director); Michael Roland (director); Mike Reid (director); Nii-Apa Lamptey (treasurer); Sabrina Bandali (director); Samantha Margolis Fogle (director); Sana Halwani (director); Ted Meighen (vice chair & secretary); William Scott (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Torch Educational Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119265734RR0001), or read how we compute the receipt.