TALENT CODE FOUNDATION
Public foundationFoundations advancing education·44 DALE AVE · TORONTO, ON · M4W 1K6·BN 739036754RR0001
Last reported: F2024 filing · period ending 2024-12-31
Disbursed to charities T1
—
not in this filing
Operating overhead T1
16%
typical range 5–35%
Reserves T1
0.1 yr
of program spending, in cash and investments
Revenue T1
$116K
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
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
Common questions
How do I donate to Talent Code Foundation?
You can search for it on CanadaHelps to donate. Charity Compass never handles your money — we only link out to where you can give.
Is Talent Code Foundation a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 739036754RR0001. 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 Talent Code Foundation located?
Per its F2024 T3010, its address on file is 44 DALE AVE, TORONTO, ON, M4W 1K6. Source.
What does Talent Code Foundation do?
In its own words, from its F2024 T3010 filing: "TO ADVANCE EDUCATION BY PROVIDING PUBLICLY AVAILABLE SCHOLARSHIPS BURSARIES AND OTHER FORMS OF FINANCIAL ASSISTANCE TO STUDENTS TO BE USED FOR ELEMENTARY SECONDARY AND POST-SECONDARY EDUCATION; TO ADVANCE THE WELL-BEING AND SELF-ESTEEM OF CHILDREN OF FAMILIES WHO ARE EXPERIENCING POVERTY OF LOW INCOME OR IN NEED…" Full program description.
How big is Talent Code Foundation?T1
Its last-reported revenue was $116K (F2024).
What it does — in its own words
New programs
TO ADVANCE EDUCATION BY PROVIDING PUBLICLY AVAILABLE SCHOLARSHIPS BURSARIES AND OTHER FORMS OF FINANCIAL ASSISTANCE TO STUDENTS TO BE USED FOR ELEMENTARY SECONDARY AND POST-SECONDARY EDUCATION; TO ADVANCE THE WELL-BEING AND SELF-ESTEEM OF CHILDREN OF FAMILIES WHO ARE EXPERIENCING POVERTY OF LOW INCOME OR IN NEED BY PROVIDING SUCH CHILDREN THE OPPORTUNITY TO PARTICIPATE IN RECREATIONAL OR SPORT ACTIVITIES; TO RECEIVE AND MAINTAIN A FUND OR FUNDS AND TO APPLY ALL OR PART OF THE PRINCIPAL AND INCOME THEREFROM FROM TIME TO TIME TO CHARITABLE ORGANIZATIONS THAT ARE REGISTERED CHARITIES UND… Show more
TO ADVANCE EDUCATION BY PROVIDING PUBLICLY AVAILABLE SCHOLARSHIPS BURSARIES AND OTHER FORMS OF FINANCIAL ASSISTANCE TO STUDENTS TO BE USED FOR ELEMENTARY SECONDARY AND POST-SECONDARY EDUCATION; TO ADVANCE THE WELL-BEING AND SELF-ESTEEM OF CHILDREN OF FAMILIES WHO ARE EXPERIENCING POVERTY OF LOW INCOME OR IN NEED BY PROVIDING SUCH CHILDREN THE OPPORTUNITY TO PARTICIPATE IN RECREATIONAL OR SPORT ACTIVITIES; TO RECEIVE AND MAINTAIN A FUND OR FUNDS AND TO APPLY ALL OR PART OF THE PRINCIPAL AND INCOME THEREFROM FROM TIME TO TIME TO CHARITABLE ORGANIZATIONS THAT ARE REGISTERED CHARITIES UNDER THE INCOME TAX ACT (CANADA)
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.
Disbursed to qualified donees
T1 · computed (open data)—
Not computable from this filing: the gifts-to-qualified-donees line (5050) or total (5100) is missing or outside the possible range.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
16%
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
0.1 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 (under $1M, 27,629): median 1 yr; 14% 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)$116K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)39%
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
39%
T3010 4500 ÷ 4700
GovernmentT1
0%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
61%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. 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.
- PACIFIC ACADEMY FOUNDATION
SURREY, BC·revenue $240K
67%disbursed · T1
- Supporting Enhancements for Educational Diversity (S.E.E.D.)
WOLFVILLE, NS·revenue $645K
86%disbursed · T1
- BVG FOUNDATION INC
NORTH YORK, ON·revenue $137K
—disbursed · T1
- STATE OF KINDNESS SCHOLARSHIP FUND
WOODBRIDGE, ON·revenue $205K
—disbursed · T1
- THE CMOLIK FOUNDATION
SURRREY, BC·revenue $1.2M
—disbursed · 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
3 directors reported · 3 of 3at arm's length
- MCCLURE, DONDIRECTORarm's length
- RIDDLE, JEFFDIRECTORarm's length
- LANE, STEVEDIRECTORarm'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
This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.
Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗