Toronto Community Foundation
Toronto, ON M4W 3H1
President & CEO: Rahul K. Bhardwaj
Board Chair: John Maclntyre
Charitable Reg. #: 13649 1875 RR0001
Grade: NRCharity not yet rated on the public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #18
Avg. Compensation $95,433
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||3|
|$80k - $120k||0|
|$40k - $80k||5|
About Toronto Community Foundation:
The objectives of the Toronto Community Foundation are to connect philanthropy with community needs and opportunities to make Toronto the best place to live, work, learn, and grow. The Toronto Community Foundation establishes the equivalent of private family foundations for donors, and provides these Fundholders with transactional services and strategic charitable giving support.
The Foundation publishes the Toronto’s Vital Signs Report, an annual research report on Toronto’s social, economic, and environmental health indicators. Through the Vital Toronto Fund, the Foundation provides Fundholders strategic grantmaking through three granting programs: Toronto’s Vital Ideas, Vital People, and Vital Youth. These three granting programs invested $542k in 33 programs in F2011.
Toronto Community Foundation's F2012 administrative costs are 25% of revenues and fundraising costs are 4% of donations. It has funding reserves of $125m (including donor-endowed funds of $51m) which cover annual grants 15 times.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||24.7%||15.4%||18.7%|
|Fundraising costs as % of donations||4.0%||1.8%||0.0%|
|Program cost coverage (%)||1,544.4%||1,592.0%||1,584.8%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||(7,546)||16,853||20,917|