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Ontario · Registered charity

THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION

THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION (Ontario) receives grants from 56 organizations whose Canada Revenue Agency filings report C$5,766,200 to it, the largest being CANADAHELPS CANADON (C$2,378,875). 36 of them have funded it in more than one year.

C$19M
Revenue FY2024
56
Funders on record
C$5.8M
Grants received
C$44M
Net assets
36/56 repeat funderspeak grant-dependency 25%

Against its field

THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION holds deeper cash reserves than three-quarters of the 362 foundations nonprofits its size.

Operating margin58% · above the median
Months of reserve60.9mo · top quartile
Revenue growth (annualized)20% · above the median

this organization peer median middle 50% of peers· 362 foundations nonprofits $10M–$100M, 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 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 (C$5.4M) Expenses 100 (C$5.0M) Net assets 100 (C$7.1M)2018 Revenue 92 (C$5.0M) Expenses 74 (C$3.7M) Net assets 119 (C$8.5M)2019 Revenue 117 (C$6.3M) Expenses 74 (C$3.7M) Net assets 156 (C$11M)2020 Revenue 128 (C$7.0M) Expenses 58 (C$2.9M) Net assets 225 (C$16M)2021 Revenue 158 (C$8.6M) Expenses 95 (C$4.7M) Net assets 267 (C$19M)2022 Revenue 235 (C$13M) Expenses 97 (C$4.8M) Net assets 379 (C$27M)2023 Revenue 203 (C$11M) Expenses 111 (C$5.5M) Net assets 458 (C$33M)2024 Revenue 351 (C$19M) Expenses 163 (C$8.1M) Net assets 611 (C$44M)
'17'18'19'20'21'22'23'24
Revenue (351)Expenses (163)Net assets (611)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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 4% · 2021 6% · 2022 2% · 2023 2% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

21% of THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (56% for the typical peer).

This organization
Typical peer · 318 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

C$469k
’17
C$1.3M
’18
C$2.7M
’19
C$4.1M
’20
C$3.9M
’21
C$7.9M
’22
C$5.5M
’23
C$11M
’24
61
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 22 funders to 20 funders, grant income rose C$169k → C$714k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
C$2.4M
C$661k
C$109k
Dragon Tamersidentity?
C$21k
C$12k
C$8k
funders
22
23
27
24
20
21
20
19

From the CRA filings of THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION’s funders (the co-funder graph). Top 30 of 56 funders by total. 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

THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION leans on a few funders — its largest provides 41% of grant income and the top three 73%; 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 THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION.

41%
largest funder
73%
top three
~4
effective funders

Largest funder’s share by year: 2017 37% · 2018 32% · 2019 23% · 2020 57% · 2021 60% · 2022 63% · 2023 56% — growing more concentrated.

“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.

How long its funders stay

41% of THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

90% of THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION's grant income comes from Ontario funders.

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

’17
’18
’19
’20
’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 56 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.

Government revenue THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2024C$11k
17
18
19
20
21
22
23
24
  • 0% of FY2024 revenue
  • As filed, not traced to an award

Organizations like THUNDER BAY REGIONAL HEALTH SCIENCES 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

77% of spending goes to programs.

Program 77%Management 10%Fundraising 13%

Governance

14
board members

Questions and answers

Who funds THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION?
THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION (Ontario) receives grants from 56 organizations whose Canada Revenue Agency filings report C$5,766,200 to it, the largest being CANADAHELPS CANADON (C$2,378,875). 36 of them have funded it in more than one year.
How many funders does THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION have?
Canada Revenue Agency filings report 56 organizations giving C$5,766,200 in grants to THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION, 36 of which have funded it in more than one year.
Who is the largest funder of THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION?
CANADAHELPS CANADON is the largest funder on record, with C$2,378,875 in grants. The full list of funders is on this page.
How can an organization like THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 56 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