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Ontario · Registered charity

Grand Challenges Canada Foundation

Grand Challenges Canada Foundation (Ontario) receives grants from 6 organizations whose Canada Revenue Agency filings report C$2,495,544 to it, the largest being THE J W MCCONNELL FAMILY FOUNDATION/LA FONDATION DE LA FAMILLE J W MCCONNELL (C$1,160,000). 4 of them have funded it in more than one year.

C$1.3M
Revenue FY2024
6
Funders on record
C$2.5M
Grants received
C$1.1M
Net assets
4/6 repeat fundersgrants exceed reported revenue in one year

Against its field

Grand Challenges Canada Foundation runs a healthier operating margin than three-quarters of the 2,748 organizations relieving poverty nonprofits its size.

Operating margin63% · top quartile
Months of reserve110.8mo · top quartile
Revenue growth (annualized)3093% · outside the comparable range

this organization peer median middle 50% of peers· 2,748 organizations relieving poverty nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 2020 2021 Revenue 100 (C$40) Expenses 100 (C$40) Net assets 0 (C$0)2022 Revenue 1535088 (C$614k) Expenses 294995 (C$118k) Net assets 100 (C$496k)2023 Revenue 88228 (C$35k) Expenses 564175 (C$226k) Net assets 62 (C$306k)2024 Revenue 3255643 (C$1.3M) Expenses 1206310 (C$483k) Net assets 227 (C$1.1M)
201920202021202220232024
Revenue (3255643)Expenses (1206310)Net assets (227)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

84% of Grand Challenges Canada Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (8% for the typical peer).

This organization
Typical peer · 2,313 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

’19
’20
C$0
’21
C$496k
’22
−C$190k
’23
C$820k
’24
111
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 3 funders, grant income rose C$100k → C$310k.

From the CRA filings of Grand Challenges Canada Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

Grand Challenges Canada Foundation leans on a few funders — its largest provides 46% of grant income and the top three 95%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Grand Challenges Canada Foundation.

46%
largest funder
95%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2021 71% · 2022 41% · 2023 97% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

Where its funders are

Grand Challenges Canada Foundation draws 95% of its grant income from funders outside Ontario, across 3 regions in all.

In-province vs out-of-province, by year

’19
’21
’22
’23
Ontario out of province

Funder regions come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 6 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Grand Challenges Canada Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Ontario

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 25%Fundraising 6%

Governance

5
board members

Questions and answers

Who funds Grand Challenges Canada Foundation?
Grand Challenges Canada Foundation (Ontario) receives grants from 6 organizations whose Canada Revenue Agency filings report C$2,495,544 to it, the largest being THE J W MCCONNELL FAMILY FOUNDATION/LA FONDATION DE LA FAMILLE J W MCCONNELL (C$1,160,000). 4 of them have funded it in more than one year.
How many funders does Grand Challenges Canada Foundation have?
Canada Revenue Agency filings report 6 organizations giving C$2,495,544 in grants to Grand Challenges Canada Foundation, 4 of which have funded it in more than one year.
Who is the largest funder of Grand Challenges Canada Foundation?
THE J W MCCONNELL FAMILY FOUNDATION/LA FONDATION DE LA FAMILLE J W MCCONNELL is the largest funder on record, with C$1,160,000 in grants. The full list of funders is on this page.
How can an organization like Grand Challenges Canada Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

Play a game about who funds Grand Challenges Canada →

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register