Toronto Foundation for Student Success

Toronto Foundation for Student Success is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. 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 July 31, 2024, it reported $31.9M in revenue and $31.4M in expenditures.

Its funding that year was roughly 9% from donations, 76% from government, 9% from other charities. Government funding is the majority of its budget. In 2024, 50 other registered charities reported granting it a combined $4.6M.

Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 71% of peers. Its fundraising cost per donated dollar was lower than 77% of that peer group. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 39 permanent full-time positions.

It reported gifts to 2 qualified donees totalling $3.4M in 2024, the largest being $2.8M to The Angel Foundation for Learning. Its filed list of directors and trustees shows 13 names.