Toronto Metropolitan University
Publicly funded institution · Toronto, Ontario · BN 119130383RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($1,021,777,000) as filed with the CRA.
Toronto Metropolitan University 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 April 30, 2024, it reported $1B in revenue and $1B in expenditures.
Its funding that year was roughly 43% from government. In 2024, 107 other registered charities reported granting it a combined $28M.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 74% of peers. Its highest-paid positions fell in the $350,000 and over range (4 positions in that band). The charity reported 3,596 permanent full-time positions.
It reported gifts to 6 qualified donees totalling $24K in 2024, the largest being $11K to Canadahelps Canadon. Its filed list of directors and trustees shows 1 name.
In its own words
The special mission of toronto metropolitan university is the advancement of applied knowledge and research to address societal needs and the provision of programs of study that provides a balance between theory and application that prepares students for careers in professional and quasi-professional fields. As a leading centre for applied education it is recognized for the excellence of its teaching the relevance of its curriculum and success of its students in achiebing their academic and career objectives the quality of its scholarships reserach and creative activity and its commitmen…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1B | $1B | $967.3M | $7M | $24K | $1.3B |
| 2023 | $1B | $1B | $986.7M | $7.2M | $7,500 | $1.2B |
| 2022 | $1B | $1B | $953.7M | $7.3M | $380 | $1.1B |
| 2021 | $925M | $912.1M | $870M | $7.2M | $3,250 | $1B |
| 2020 | $833.2M | $854.7M | $809.2M | $7.2M | $15K | $946.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $24K to 6 qualified donees:
Received $28M from 107 charities:
- Brookfield Partners Foundation$10M
- Brookfield Partners Foundation$10M
- The Gupta Family Foundation$1M
- The Peter Gilgan Foundation$800K
- The Slaight Family Foundation$550K
- The Esch Foundation$360K
- Weston Family Foundation$323K
- The Schroeder Foundation$300K
- The Atkinson Charitable Foundation$295K
- Canadian Cancer Society$295K
- The Bennett Family Foundation$270K
- Definity Insurance Foundation$259K
- Lee Tak Wai Foundation$200K
- The Annual Foundation$200K
- The Edward and Suzanne Rogers Foundation$200K
- Max Bell Foundation$158K
- Chanchlani Foundation$150K
- Foundation for Advancing Family Medicine$143K
- Clifton Foundation$121K
- Rideau Hall Foundation$120K
- Pooler Charitable Fund$101K
- Tony & Betty Infilise Family Foundation$100K
- Laidlaw Foundation$100K
- The Leacross Foundation/La Fondation Leacross$100K
- La Fondation Rossy The Rossy Foundation$100K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over4 positions
- $300,000–349,9994 positions
- $250,000–299,9992 positions
- Permanent full-time positions3,596
- Total compensation, all staff$628.5M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Wendy Lawrence (director/secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Toronto Metropolitan University’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119130383RR0001), or read how we compute the receipt.