Charity BreakdownCanadian charity filings, itemized

UHN Foundation

Public foundation · Toronto, Ontario · BN 123864068RR0001 · Foundations · website

Your $100, itemizedUHN FoundationFiscal year ended March 31, 2024
Gifts to other charities$79
Fundraising$17
Management & admin$4
TOTAL$100
Registered

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($154,387,992) as filed with the CRA.

UHN Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $312.2M in revenue and $154.4M in expenditures.

Its funding that year was roughly 15% from donations, 49% from other charities. In 2024, 253 other registered charities reported granting it a combined $89.3M.

Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 33% of peers. Its fundraising cost per donated dollar was higher than 83% of that peer group. Its highest-paid positions fell in the $350,000 and over range (5 positions in that band). The charity reported 129 permanent full-time positions.

As a grantmaker, it reported gifts to 20 qualified donees totalling $121.6M in 2024, the largest being $120.4M to University Health Network. Revenue has grown substantially over its filings on record here, from $139.4M in 2020 to $312.2M in 2024. Its filed list of directors and trustees shows 37 names.

In its own words

We raise fund for research education and the enhancement of patient care at Toronto General and Western hospitals as well as Toronto Rehabilitation Institute and Michener Institute of Education at UHN. Together with our donors we are helping UHN pursue the knowledge that helps us all live better lives. University Health Network (UHN) is a research and teaching hospital comprised of four sites: Toronto General Hospital Toronto Western Hospital Princess Margaret Cancer Centre and Toronto Rehabilitation Institute. UHN's mission is to deliver exemplary patient care research and education.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$312.2M$154.4M$26.6M$121.6M$1.2B
2023$249.9M$149.3M$23.4M$120.3M$1B
2022$233.6M$138.3M$21.3M$112.4M$931.5M
2021$301.6M$119.2M$17.6M$97.3M$814.8M
2020$139.4M$149.7M$19.5M$129.2M$630.4M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Public foundation — endowment and payout, March 31, 2024

Held at year end$1.2B$1,194,210,473 in total assets
Given away$121.6Mto 20 charities
That is10.2%of what it holds
Where the money came from
  • From other charities$152,661,269
  • Investment income$85,333,368
  • Receipted donations$46,557,628
  • Other income$284,279

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

Granted $121.6M to 20 qualified donees:

Full grant ledger — every year

Received $89.3M from 253 charities:

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

Its ten highest-paid positions, by band:

  • $350,000 and over5 positions
  • $300,000–349,9993 positions
  • $250,000–299,9992 positions
  • Permanent full-time positions129
  • Total compensation, all staff$20.9M

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Sam Ajmera (member); Marc Caira (member); Timothy Casgrain (member); Patrick Dovigi (member); George Eaton (member); Paul Farrell (member); Ivan Fecan (member); Angela Feldman (member); Bernard Gosevitz (member); Daniel Greenglass (member); Todd Halpern (member); Kevin Hibbert (member); Donald Johnson (member); Joanne Kearney (vice chair); Rajendra Kothari (chair); Hank Latner (member); James Leech (chair emeritus); Marc Lipton (member); Grace Lombardi (member); Kim Mason (member); Deborah Matthews (member); Cheryl McEwen (member); Lynn McGrade (treasurer); Alan Menkes (member); Nadir Mohamed (member); Barbara Muir (member); Marc Muzzo (member); Philip Orsino (member); Jeffrey Rubenstein (member); Kevin Smith (member); Richard Wachsberg (member); Henry Wolfond (member); Stacey Krembil (member); Melinda Rogers-Hixon (member); Juliana Sprott (member); Josh Picov (member); Michelle Savoy (member).

As listed on its 2024 return.

Check the source

Every figure on this page is from UHN Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 123864068RR0001), or read how we compute the receipt.