CANADIAN MEDICAL FOUNDATION / FONDATION MÉDICALE CANADIENNE
Charitable organizationSupport of schools and education·720 BATHURST ST · TORONTO, ON · M5S 2R4·BN 119219327RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
Cents to cause T1
54¢
of each dollar spent, to programs
Operating overhead T1
46%
typical range 5–35%
Reserves T1
40.2 yr
of program spending, in cash and investments
Revenue T1
$1.9M
not reviewed by an analyst (Charity Intelligence)
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
Common questions
How do I donate to Canadian Medical Foundation?
You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.
Is Canadian Medical Foundation a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 119219327RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is Canadian Medical Foundation located?
Per its F2024 T3010, its address on file is 720 BATHURST ST, TORONTO, ON, M5S 2R4. Source.
What does Canadian Medical Foundation do?
In its own words, from its F2024 T3010 filing: "1. DISBURSE GRANTS TO VARIOUS UNIVERSITIES TO AID MEDICAL STUDENTS IN FINANCIAL NEED. 2. FINANCE PROJECTS WHICH HAVE THE OBJECTIVE OF THE IMPROVEMENT OF MEDICAL SERVICES PROVIDED TO THE PEOPLE OF CANADA. 3. RECEIVE AND MAINTAIN A DONOR ADVISED FUND PROGRAM AND TO TRANSFER CAPITAL AND INCOME TO OTHER CHARITIES AS…" Full program description.
How much of Canadian Medical Foundation's spending goes to programs?T1
Per its F2024 T3010, 54¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.
How big is Canadian Medical Foundation?T1
Its last-reported revenue was $1.9M (F2024), which places it in Charity Compass's $1M–$10M revenue band, alongside 9,072 other operating charities.
What it does — in its own words
Ongoing programs
1. DISBURSE GRANTS TO VARIOUS UNIVERSITIES TO AID MEDICAL STUDENTS IN FINANCIAL NEED. 2. FINANCE PROJECTS WHICH HAVE THE OBJECTIVE OF THE IMPROVEMENT OF MEDICAL SERVICES PROVIDED TO THE PEOPLE OF CANADA. 3. RECEIVE AND MAINTAIN A DONOR ADVISED FUND PROGRAM AND TO TRANSFER CAPITAL AND INCOME TO OTHER CHARITIES AS PER THE INTENT OF THE ESTABLISHED FUNDS 4. FINANCE PROJECTS WHICH SUPPORT PREVENTATIVE HEALTHCARE PROGRAMS FOR THOSE LIVING IN CANADA BY TRANSFERRING FUNDS TO OTHER CHARITIES FOR THIS PURPOSE. 5. FINANCE PROJECTS WHICH SUPPORT PREVENTATIVE HEALTHCARE PROGRAMS FOR THOSE LIVING IN D… Show more
1. DISBURSE GRANTS TO VARIOUS UNIVERSITIES TO AID MEDICAL STUDENTS IN FINANCIAL NEED. 2. FINANCE PROJECTS WHICH HAVE THE OBJECTIVE OF THE IMPROVEMENT OF MEDICAL SERVICES PROVIDED TO THE PEOPLE OF CANADA. 3. RECEIVE AND MAINTAIN A DONOR ADVISED FUND PROGRAM AND TO TRANSFER CAPITAL AND INCOME TO OTHER CHARITIES AS PER THE INTENT OF THE ESTABLISHED FUNDS 4. FINANCE PROJECTS WHICH SUPPORT PREVENTATIVE HEALTHCARE PROGRAMS FOR THOSE LIVING IN CANADA BY TRANSFERRING FUNDS TO OTHER CHARITIES FOR THIS PURPOSE. 5. FINANCE PROJECTS WHICH SUPPORT PREVENTATIVE HEALTHCARE PROGRAMS FOR THOSE LIVING IN DEVELOPING COUNTRIES BY TRANSFERRING FUNDS TO OTHER CHARITIES FOR THIS PURPOSE
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.
54¢
Per its F2024 T3010, 54¢ of each dollar spent went to programs. The rest ran the organization and raised money; higher is not automatically better.
Sector median: 89¢ across 55,155 computed charities; 87¢ among those its size ($1M–$10M).
this charity 54¢ · sector median 89¢ · all 55,155 computed charities
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
46%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
40.2 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
Charities its size ($1M–$10M, 9,072): median 0.5 yr; 43% hold under half a year. All operating charities: median 0.8 yr.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Total revenue
T1 · computed (open data)$1.9M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)15%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Where the money comes from
Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.
Receipted donationsT1
15%
T3010 4500 ÷ 4700
GovernmentT1
0%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
85%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-12-31 | $1.9M | 40¢ | 60% | 9.5 yr |
| 2020-12-31 | $2.2M | 26¢ | 74% | 63.9 yr |
| 2021-12-31 | $2.2M | 36¢ | 61% | 63 yr |
| 2022-12-31 | $-6K | 43¢ | 57% | 48.5 yr |
| 2023-12-31 | $3.4M | 42¢ | 58% | 55.2 yr |
| 2024-12-31 | $1.9M | 54¢ | 46% | 40.2 yr |
| trend |
Swipe sideways to see every column.
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Similar charities
Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.
- CANADIAN NURSES FOUNDATION - FONDATION DES INFIRMIERES ET INFIRMIERS DU CANADA
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- CANADIAN SHAARE ZEDEK HOSPITAL FOUNDATION/FONDATION CANADIENNE DE L'HOPITAL SHAARE ZEDEK
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- THE ACTUARIAL FOUNDATION OF CANADA/LA FONDATION ACTUARIELLE DU CANADA
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—to programs · T1
- THE CANADIAN FOUNDATION FOR WOMEN'S HEALTH
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- THE GAIRDNER FOUNDATION
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59¢to programs · T1
Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.
Board of directors
10 directors reported · 10 of 10at arm's length
- GE, YIPENGMEMBERarm's length
- O'BRIEN, KEVINCHAIRarm's length
- BEAUBIEN, JAMESCHAIRarm's length
- ANWARI, ZELAIKHAMEMBERarm's length
- MAGYARODY, TOMMEMBERarm's length
- DAN, MICHAELMEMBERarm's length
- ROBERTS, JANET HMEMBERarm's length
- REDDOCH, ALLONTREASURERarm's length
- NAHAL, SAWVAD SMEMBERarm's length
- GILLES, LEVASSEURMEMBERarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗