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Mortgage Professionals Canada Foundation / Fondation des professionnels hypothecaires du Canada

Public foundationSupport of schools and education·302 - 6 RONROSE DR · CONCORD, ON · L4K 4R3·BN 872733217RR0001

Last reported: F2024 filing · period ending 2024-04-30

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Disbursed to charities T1

14%

of spending, to other registered charities

Operating overhead T1

100%

typical range 5–35%

Reserves T1

—

not in this filing

Revenue T1

$104K

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.

This charity filed the simplified return, so some figures can't be computed. Fewer numbers, never invented ones.

Common questions

How do I donate to Mortgage Professionals Canada 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 Mortgage Professionals Canada Foundation a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 872733217RR0001. 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 Mortgage Professionals Canada Foundation located?

Per its F2024 T3010, its address on file is 302 - 6 RONROSE DR, CONCORD, ON, L4K 4R3. Source.

What does Mortgage Professionals Canada Foundation do?

In its own words, from its F2024 T3010 filing: "THE FOUNDATION IS COMMITTED: A) TO THE ADVANCEMENT OF EDUCATION INCLUDING KNOWLEDGE OF FINANCIAL LITERACY AND RESPONSIBLE CONSUMER BORROWING; B) TO THE FUNDING OF SCHOLARSHIPS PRIZES RESEARCH GRANTS AND OTHER FINANCIAL ASSISTANCE TO SECONDARY OR POST-SECONDARY SCHOOL STUDENTS; C) TO SUPPORT THE ADVANCEMENT OF…" Full program description.

How much does Mortgage Professionals Canada Foundation disburse to other charities?T1

Per its F2024 T3010, 14% of its spending went to other registered charities (self-reported, not independently verified). Full figures.

How big is Mortgage Professionals Canada Foundation?T1

Its last-reported revenue was $104K (F2024).

What it does — in its own words

Ongoing programs

THE FOUNDATION IS COMMITTED: A) TO THE ADVANCEMENT OF EDUCATION INCLUDING KNOWLEDGE OF FINANCIAL LITERACY AND RESPONSIBLE CONSUMER BORROWING; B) TO THE FUNDING OF SCHOLARSHIPS PRIZES RESEARCH GRANTS AND OTHER FINANCIAL ASSISTANCE TO SECONDARY OR POST-SECONDARY SCHOOL STUDENTS; C) TO SUPPORT THE ADVANCEMENT OF TEACHING METHODS AND TOOLS THROUGH INITIATIVES SUCH AS RESEARCH EDUCATION AND THE DEVELPMENT OF PUBLICATIONS; D) TO ASSIT OTHER CHARITABLE ORGANIZATIONS WHICH CARRY ON SIMILAR EDUCATION OBJECTIVES.

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)

14%

Per its F2024 T3010, this share of total spending went to other registered charities.

T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗

Operating overhead

T1 · computed (open data)

100%

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

Reserves

T1 · computed (open data)

—

Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means

Total revenue

T1 · computed (open data)

$104K

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

98%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

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

    98%

    T3010 4500 ÷ 4700

  • GovernmentT1

    0%

    T3010 4570 (or 4540+4550+4560) ÷ 4700

  • Other revenueT1

    2%

    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.

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

4 directors reported · 4 of 4at arm's length

  • COOK, BARBARAVICE-CHAIRarm's length
  • JACOBS, JOECHAIRarm's length
  • SINGH, KULJITTREASURERarm's length
  • STENCER, MAXIMESECRETARYarm'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 ↗

Mortgage Professionals Canada… — 14% granted to charities