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Toronto, ON · Private foundation

Balsam Foundation

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 one or more qualified donees within the meaning of the Income Tax Act (Canada) as amended from time to time; and to undertake activities ancillary and incidental to the attainment of the above charitable purposes.

C$3.8M
Granted FY2024still arriving
30
Grants FY2024still arriving
2
Regions reached
C$680k
Largest
01What you fund
01FY2024 · 30 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2024

  • Under C$10k1 grant · C$2k
  • C$10k–50k7 grants · C$185k
  • C$50k–250k19 grants · C$2.2M
  • C$250k+3 grants · C$1.4M
C$80,000
Median grant
2
Regions reached
C$450k
Total assets
Largest grants
RecipientAmount
PARK PEOPLEC$680,477
PHILIP AZIZ CENTRE FOR HOSPICEC$474,000
UHN FOUNDATIONC$250,000
ALLIANCE FOR HEALTHIER COMMUNITIESC$235,000
THE BENTWAYC$235,000
FRIENDS OF RUBY ( THE CHARITY )C$200,000
FOODSHARE TORONTOC$195,000
TAIBU COMMUNITY HEALTH CENTREC$166,000
RISE ASSET DEVELOPMENTC$150,000
ENVIRONMENT FUNDERS CANADAC$150,000
GROWING NEIGHBOURHOODS FOUNDATION (BUILDING ROOTS)C$125,000
COMMUNITY FOOD CENTRES CANADAC$100,000
HOMEWOOD RESEARCH INSTITUTEC$100,000
THE CATHERINE DONNELLY FOUNDATIONC$80,000
ST. MICHAEL'S HOSPITAL FOUNDATIONC$80,000
02Your edge
repeat funding

Who you back again

Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.

93%of every dollar goes to organizations you’ve funded before.
C$43M · 29 repeat orgsC$3.0M to everyone else

29 repeat relationships — 23 still active in FY2024, 6 since wound down; 7 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

29
18

Total granted

C$43M
C$2.1M

Median revenue growth · since first grant

+39%
+39%

Still filing today

97%
100%

New vs renewed · share of each year

In FY2024, 76% of grant dollars renewed an existing relationship; C$904k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.”

Backed again, and grew

  • MU
    McMaster University
    7× · 2017–2024 · C$9.1M · revenue +39%
  • UF
    UHN FOUNDATION
    5× · 2020–2024 · C$8.8M · revenue +124%
  • UH
    UNIVERSITY HEALTH NETWORK
    2× · 2021–2022 · C$5.0M · revenue +22%

Funded once

  • 5C
    519 Church Street Community Centergraduated
    one grant, 2018 · C$900k · revenue +72%
  • FF
    FOUNDATION FOR SOCIAL CHANGE
    one grant, 2022 · C$150k · revenue -30%
  • CR
    CANADIAN RED CROSS
    one grant, 2023 · C$150k · revenue -48%

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent CRA filings.

03Your field

The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matches that aren’t grantees — a resemblance in what they say they do, not a recommendation.

1
Toronto Foundation

The purpose of toronto foundation is to create a more fair and justice society where everyone can thrive by mobilizing those with resources and the will to partner with others. the foundation publishes research including the toronto's…

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2
Toronto Rehabilitation Institute Foundation

The toronto rehabilitation institute foundation's mission is to raise grant and steward funds to support the mission of the toronto rehabilitation institute (which is part of the university health network) to develop solutions for people…

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3
Leap Pecaut Centre for Social Impact

LEAP Pecaut Centre for Social Impact initiates and leads multi-sector collaborations to tackle some of society’s biggest problems in education employment and health. Over five years taking their needs and stages of development into…

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4
Mississauga Foundation

First the Foundation brings donors to the table as community builders helping them formulate and realize their philanthropic goals matching their interest and concerns with community needs and organizations and finding innovative and…

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5
Canadian Institute for Advanced Research - Institut canadien des recherches avancées

CIFAR’s research programs are at the heart of its operations designed to push the boundaries of knowledge and create long-term societal impact. Currently CIFAR supports 15 research programs across diverse fields from artificial…

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6
Healthbridge Foundation of Canada

HealthBridge works with partners world-wide to improve health and health equity through research policy and action in the following programming areas: Food and Nutrition: combating hunger and malnutrition and improving food security;…

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7
Mental Health Research Canada/Recherche En Sante Mentale Canada

Mental Health Research Canada (MHRC) is a national charitable organization that is dedicated to improving the lives of all Canadians by advancing mental health knowledge. Our vision is to create a Canada with better mental health for all…

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8
Community Foundations of Canada

Canada Healthy Communities Initiative is an investment from the Government of Canada to transform public spaces in response to COVID-19. Indigenous Peoples Resilience Fund a fund that is built upon the resiliency of and guided by…

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9
Toronto East Health Network Foundation

Michael Garron Hospital Foundation raises funds and engages our community in support of Michael Garron Hospital a vibrant community teaching hospital serving more than 400 000 people in 22 distinct neighbourhoods in East Toronto. With…

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10
Casey House Foundation

Casey House Foundation raises funds to support exemplary health care and compassionate support at Casey House a hospital unlike any other. As a sub-acute specialty hospital in Toronto they offer comprehensive inpatient and outpatient…

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11
CityFund Foundation

The Foundation provides funds to qualified donees to further its charitable interests. Examples include: City of Toronto City of Burlington City of Brampton.

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12
Vancouver Foundation

Vancouver Foundation leverages the generosity of donors towards projects initiatives and organizations working to create meaningful and lasting impact on our communities. We continued delivering a number of grant programs and initiatives…

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For reference, the grantee most central to the portfolio’s shape is Anishnawbe Health Foundation and the most unlike its peers is Raising the Roof Chez Toit. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

02the grantee network

51 grantees tracked through their own filings, 2017–2024.

Each one resolved to its own CRA returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.

Counted here: distinct organizations you funded across 2017–2024, not grant rows in a single year — so this will not match the grant count on the cover. 51 of the 54 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.

2
Load-bearing (≥25% of a budget)
10
Early backer (in before they grew)
50/51
Grantees still filing
37/51
Grew since you first funded

Each org by its size and your share of it — top-left is where you’re load-bearing

25%50%75%100%C$1.0MC$10MC$100Mgrantee revenue →↑ your share of their budgetMcMaster University — C$9,083,789 over 7y, 0.2% of budgetUHN FOUNDATION — C$8,750,000 over 5y, 2.1% of budgetUNIVERSITY HEALTH NETWORK — C$5,017,000 over 2y, 0.1% of budgetPARK PEOPLE — C$2,761,977 over 8y, 18% of budgetPHILIP AZIZ CENTRE FOR HOSPICE CARE — C$2,732,134 over 7y, 12% of budgetCHILDREN'S AID FOUNDATION OF CANADA — C$2,467,500 over 7y, 3.6% of budgetCamH Foundation — C$2,011,246 over 7y, 1.2% of budgetCommunity Food Centres Canada — C$1,450,000 over 3y, 9.9% of budgetTHE TORONTO PUBLIC LIBRARY FOUNDATION — C$1,084,000 over 5y, 5.3% of budgetFriends of Ruby — C$1,000,000 over 5y, 4.3% of budgetALLIANCE FOR HEALTHIER COMMUNITIES — C$995,000 over 3y, 4.3% of budgetRISE ASSET DEVELOPMENT — C$951,069 over 4y, 38% of budget519 Church Street Community Center — C$900,000 over 1y, 14% of budgetEVERGREEN — C$648,000 over 3y, 1.7% of budgetFOODSHARE TORONTO — C$575,000 over 3y, 2.6% of budgetGROWING NEIGHBORHOODS FOUNDATION (BUILDING ROOTS) — C$515,000 over 5y, 19% of budgetTAIBU COMMUNITY HEALTHCARE — C$499,334 over 3y, 1.7% of budgetTHE BENTWAY — C$401,000 over 5y, 4.5% of budgetMakeway Foundation (Tides Canada) — C$377,500 over 4y, 1.1% of budgetGILDA'S CLUB — C$350,000 over 3y, 13% of budgetUNITED WAY OF GREATER TORONTO — C$250,000 over 5y, 0.0% of budgetMABELL EARTS — C$250,000 over 3y, 6.6% of budgetTHE CATHERINE DONNELLY FOUNDATION — C$180,000 over 3y, 1.6% of budgetCANADIAN ROOTS EXCHANGE — C$175,000 over 2y, 1.3% of budgetTHE CIRCLE OF PHILANTROPY — C$160,000 over 3y, 4.1% of budgetFOUNDATION FOR SOCIAL CHANGE — C$150,000 over 1y, 10% of budgetCANADIAN RED CROSS — C$150,000 over 1y, 0.0% of budgetFOUNDATION FOR ENVIRONMENTAL STEWARDSHIP — C$150,000 over 2y, 10% of budgetHOMEWOOD RESEARCH INSTITUTE — C$100,000 over 1y, 4.8% of budgetThe Governing Council of the University of Toronto — C$100,000 over 1y, 0.0% of budgetRexdale Community Health Centre — C$100,000 over 1y, 0.9% of budgetANISHNAWBE HEALTH FOUNDATION — C$100,000 over 1y, 4.2% of budgetLOFT COMMUNITY SERVICES — C$96,000 over 3y, 56% of budgetGREEN COMMUNITIES CANADA — C$87,500 over 2y, 1.6% of budgetCEE Centre for Young Black Professionals — C$85,000 over 1y, 6.7% of budgetST. MICHAEL'S HOSPITAL FOUNDATION — C$80,000 over 1y, 0.1% of budgetSTREET HEALTH COMMUNITY NURSING FOUNDATION — C$80,000 over 1y, 1.5% of budgetNEIGHBOURHOOD INFORMATION POST — C$75,000 over 1y, 0.0% of budgetRAISING THE ROOF (BUILDING UP) — C$75,000 over 1y, 3.5% of budgetYoung Women's Christian Association of Greater Toronto — C$70,000 over 1y, 0.2% of budgetNATIVEWOMENS RESOURCE CENTER — C$62,500 over 1y, 2.6% of budgetTHE READING PARTNERSHIP — C$60,000 over 2y, 3.0% of budgetNIP INFORMATION POST — C$50,000 over 1y, 0.6% of budgetCentre for Equality Rights in Accommodation — C$50,000 over 1y, 7.6% of budgetGREEN THUMBS GROWING KIDS — C$27,000 over 1y, 9.0% of budgetHUMBER RIVER HEALTH FOUNDATION — C$25,000 over 1y, 0.2% of budgetCOMMUNITY FAMILY SERVICES OF ONTARIO — C$25,000 over 1y, 0.9% of budgetBIRTH MARK — C$25,000 over 1y, 4.3% of budget
Go grantee by grantee — a decade per org, and how each moved after you funded them

A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.

The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.

Toronto FoundationON18.9× affinity28 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Toronto Foundation · Fondation Écho /Echo Foundation · The J W McConnell Family Foundation/La Fondation de la Famille J W McConnell · The Peter Gilgan Foundation · The McLean Foundation · Makeway Foundation · Jewish Foundation of Greater Toronto · The Catherine and Maxwell Meighen Foundation · Toronto District School Board · The Catherine Donnelly Foundation · The George Cedric Metcalf Charitable Foundation · J.P. Bickell Foundation

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.

On method. Every financial figure here is read directly from the Canada Revenue Agency’s published T3010 data — your own annual information return and the multi-year returns of the 54 grantees we resolved across every year we hold, several hundred filings in all (a different count from the grant rows on the cover, which are one fiscal year) — each linked to its source. Grantee achievements and outcomes are each organization’s own program description on its T3010; we read these as association with sustained funding — the foundation is one of several forces — suppress low-confidence name matches rather than guess, and say so where a figure rests on a single grant or filing. Not everything on this page is a filed figure, and the difference matters. Filed is what you reported on your return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without a BN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears. How we build these →

Generated from your T3010 annual information return for the fiscal period ending 2024-12-31, as published by the Canada Revenue Agency in 2024. Amounts are Canadian dollars, as filed and never converted. Registered as a private foundation under foundations.

Source object 838959385:2024-12-31 · View the T3010 on the CRA register

Play a game based on Balsam’s filings →