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Governing Council of the University of Toronto

The University's vision is to be a leader among the world's best public universities in its discovery, preservation and sharing of knowledge through its teaching and research and its commitment to excellence and equity.

$367M
Granted FY2025still arriving
17
Grants FY2025still arriving
13
States reached
$489k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Science & Tech$11MEducation$2.5MHealth$895kEnvironment$438kYouth Development$429kSocial Science$166kEmployment$69k
02FY2025 · 17 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 17 grants below total $1,721,000, the rows itemized in this filing. The $366,848,000 headline is the total grant expense on the return; the other $365,127,000 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • Under $10k2 grants · $15k
  • $10k–50k6 grants · $93k
  • $50k–250k7 grants · $844k
  • $250k+2 grants · $769k
$50,000
Median grant
13
States reached
$11.2B
Total assets
Largest grants
RecipientAmount
The University of North Carolina at Chapel Hill$489,000
Trustees Of Boston University$280,000
Regents of University of Minnesota$206,000
Rutgers the State University of New Jersey$170,000
Regents of the University of California San Francisco$156,000
University of Michigan$142,000
UT Southwestern Medical Center$61,000
Board of Regents NSHE$59,000
Duke University$50,000
Yale University$18,000
The Trustees of Columbia University$17,000
Albert Einstein College$16,000
Texas A&M University College Station$15,000
Tetra Tech Inc$14,000
University of Washington$13,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–22, $121k) land where the poverty rate runs at 8%, against an area that typically sits at 11%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 11%Greater Boston Chapter of United Spinal Association: $79k → 8%Greater Boston Chapter of United Spinal Association: $23k → 8%Greater Boston Chapter of United Spinal Association: $19k → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

VT
WA
MN
IL
MI
NY
MA
NV
IA
IN
OH
NJ
CT
CA
CO
MO
MD
AZ
NC
DC
LA
GA
TX
FL

Grants abroad, by region: $351M on the FY2025 return

Schedule F, as filed: 6 regions, $74M to organizations and $278M to individuals. The IRS asks for region and purpose, not the recipient, so no country or grantee can be named here.

North America (Canada and Mexico)$349M · 99% · 1 grant

Stated purpose: Research · Scholarships

Europe (including Iceland and Greenland)$1.3M · 0% · 1 grant

Stated purpose: Research

Sub-Saharan Africa$490k · 0% · 1 grant

Stated purpose: Research

East Asia and the Pacific$466k · 0% · 1 grant

Stated purpose: Research

South Asia$43k · 0% · 1 grant

Stated purpose: Research

Middle East and North Africa$6k · 0% · 1 grant

Stated purpose: Research

How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving. Grants abroad on Schedule F are filed by region, purpose and amount with no recipient name, so they are shown by region and cannot be placed on the country map or matched to a grantee.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

86%of every dollar goes to organizations it has funded before.
$13M · 31 repeat orgs$2.1M to everyone else

Grantees it renews have grown median revenue +45% since the first grant, against +23% for those funded once.

31 repeat relationships: 13 still active in FY2025, 18 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

31
32

Total granted

$13M
$2.1M

Median revenue growth · since first grant

+45%
+23%

Still filing today

45%
34%

New vs renewed · share of each year

In FY2025, 95% of grant dollars renewed an existing relationship; $79k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
EducationHealthHuman ServicesSocial ScienceEnvironmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • TRUSTEES OF BOSTON UNIVERSITY
    9× · 2017–2025 · $1.5M · revenue +45%
  • Cornell University
    5× · 2017–2022 · $245k · revenue +59%
  • University of Chicago
    4× · 2017–2023 · $240k · revenue +56%

Funded once

  • RO
    Regents of University of California
    one grant, 2017 · $406k
  • WI
    WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCHgraduated
    one grant, 2018 · $282k · revenue +217%
  • AI
    Allchemy Inc
    one grant, 2020 · $201k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
2
New York University

Nyu is a private university with approximately 60,000 matriculating students in 20 schools and institutes. nyu's primary missions are education, research and scholarship, and patient care.

Education
3
University of Miami

See Form 990, Part I, Line 1, Description of Organization Mission.

Education
4
The Trustees of Princeton University

Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…

Education
5
Lehigh University

The university's goal in the coming decade is to advance learning through the integration of teaching, research and service to others. the core of this goal is to prepare graduates to engage with the world and lead lives of meaning. to do…

Education
6
William Marsh Rice University

As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this…

Education
7
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
8
The George Washington University

The mission of the george washington university (gw) is to educate individuals in liberal arts, languages, sciences, learned professions, and other courses and subjects of study, and to conduct scholarly research and publish the findings…

Education
9
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
10
Albany College of Pharmacy and Health Sciences

We educate the next generation of leaders to improve the health of our society.

Education
11
Case Western Reserve University

Case Western Reserve University is an independent, research-oriented university with broadly based strengths in health, including medicine, nursing and dentistry; in engineering; in the arts and sciences; and in law, management and social…

Education
12
The Rockefeller University

The rockefeller university (the university) is a world renowned center for research and graduate education in the biomedical sciences, chemistry, bioinformatics, and physics. the university's 73 laboratories conduct both clinical and basic…

Education
How this is measured
The grantee most central to the portfolio’s shape is Trustees of Tufts College; the most unlike its peers is Donaldson Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

29 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 29 of the 68 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
28/29
Grantees still filing
21/29
Grew since first funded

Where the money sits, by cause and then by grantee

Allchemy Inc: $1,549,000 · OtherAllchemy IncUNIVERSITY OF CALIFORNIA SAN FRANCISCO: $1,490,000 · OtherUNIVERSITY OF CALIFORNIA SAN FRANCISCOTHE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS: $1,487,000 · OtherTHE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOISTRUSTEES OF BOSTON UNIVERSITY: $1,480,001 · OtherTRUSTEES OF BOSTON UNIVERSITYUNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL: $859,000 · OtherUNIVERSITY OF NORTH CAROLINA AT CHAPEL HILLUNIVERSITY OF MINNESOTA: $736,000 · OtherUNIVERSITY OF MINNESOTAUniversity of Iowa: $669,000 · OtherRegents of the University of California: $567,000 · OtherState University of Iowa: $497,000 · OtherUNIVERSITY OF WASHINGTON: $470,000 · Other+34 more: $3,453,998 · Other+34 moreCornell University: $245,000 · EducationUniversity of Chicago: $240,000 · EducationTHE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $192,000 · EducationJOHNS HOPKINS UNIVERSITY: $105,000 · EducationMassachusetts Institute of Technology: $75,000 · EducationTEXAS A&M RESEARCH FOUNDATION: $57,000 · EducationUNIVERSITY OF MINNESOTA FOUNDATION: $53,000 · EducationAlbert Einstein College of Medicine: $50,000 · EducationDUKE UNIVERSITY: $50,000 · Education+8 more: $149,001 · EducationWHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH: $282,000 · HealthNEW YORK WEILL CORNELL MEDICAL CENTER FUND INC: $82,000 · HealthDana-Farber Cancer Institute Inc: $41,000 · HealthKAISER FOUNDATION HEALTH PLAN OF WASHINGTON: $38,000 · HealthSOGOREA TE LAND TRUST: $403,000 · EnvironmentTHE BROOKINGS INSTITUTION: $166,000 · Social ScienceSCIBOSTON INC: $121,000 · Human Services
Other$13,257,999Education$1,216,001Health$443,000Environment$403,000Social Science$166,000Human Services$121,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTRUSTEES OF BOSTON UNIVERSITY: $1,480,001 over 9y, 0.0% of budgetSOGOREA TE LAND TRUST: $403,000 over 2y, 1.7% of budgetWHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH: $282,000 over 1y, 0.4% of budgetCornell University: $245,000 over 5y, 0.0% of budgetUniversity of Chicago: $240,000 over 4y, 0.0% of budgetTHE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK: $192,000 over 4y, 0.0% of budgetTHE BROOKINGS INSTITUTION: $166,000 over 1y, 0.2% of budgetSCIBOSTON INC: $121,000 over 3y, 45% of budgetJOHNS HOPKINS UNIVERSITY: $105,000 over 2y, 0.0% of budgetDONALDSON FOUNDATION: $91,000 over 1y, 8.9% of budgetNEW YORK WEILL CORNELL MEDICAL CENTER FUND INC: $82,000 over 2y, 0.4% of budgetMassachusetts Institute of Technology: $75,000 over 1y, 0.0% of budgetYale University - Subordinates: $64,000 over 3y, 0.3% of budgetTEXAS A&M RESEARCH FOUNDATION: $57,000 over 2y, 0.1% of budgetUNIVERSITY OF MINNESOTA FOUNDATION: $53,000 over 1y, 0.0% of budgetAlbert Einstein College of Medicine: $50,000 over 2y, 0.0% of budgetDUKE UNIVERSITY: $50,000 over 1y, 0.0% of budgetDana-Farber Cancer Institute Inc: $41,000 over 2y, 0.0% of budgetKAISER FOUNDATION HEALTH PLAN OF WASHINGTON: $38,000 over 1y, 0.0% of budgetTHE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND: $38,000 over 3y, 0.0% of budgetEastern Ohio Extension Camps Inc: $30,999 over 3y, 10% of budgetEmory University: $30,000 over 2y, 0.0% of budgetUNIVERSITY OF ROCHESTER: $29,000 over 1y, 0.0% of budgetARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY: $14,000 over 1y, 0.0% of budgetLOYOLA UNIVERSITY OF CHICAGO: $13,000 over 1y, 0.0% of budgetTrustees of Tufts College: $12,000 over 1y, 0.0% of budgetICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: $8,000 over 1y, 0.0% of budgetBARRY UNIVERSITY INC: $5,001 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

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

  • Who funds TRUSTEES OF BOSTON UNIVERSITY ↗
  • Who funds SOGOREA TE LAND TRUST ↗
  • Who funds WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH ↗
  • Who funds Cornell University ↗
  • Who funds University of Chicago ↗
  • Who funds THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK ↗
  • Who funds THE BROOKINGS INSTITUTION ↗
  • Who funds SCIBOSTON INC ↗
  • Who funds JOHNS HOPKINS UNIVERSITY ↗
  • Who funds DONALDSON FOUNDATION ↗
  • Who funds NEW YORK WEILL CORNELL MEDICAL CENTER FUND INC ↗
  • Who funds Massachusetts Institute of Technology ↗
  • Who funds Yale University - Subordinates ↗
  • Who funds TEXAS A&M RESEARCH FOUNDATION ↗
  • Who funds UNIVERSITY OF MINNESOTA FOUNDATION ↗
  • Who funds Albert Einstein College of Medicine ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Fidelity Investments Charitable Gift FundMA3× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Governing Council of the University of Toronto funds: left to right is the share of its income from government, bottom to top the share from Governing Council of the University of Toronto. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%3%13%28%50%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 12%
  • Massachusetts Institute of Technology: 35% of income from government
  • Trustees of Tufts College: 13% of income from government
  • Trustees of Boston University: 12% of income from government
  • Johns Hopkins University: 12% of income from government
  • Whitehead Institute for Biomedical Research: 7% of income from government
  • Dana-Farber Cancer Institute Inc: 7% of income from government
  • Barry University Inc: 1% of income from government
no gov moneyreceives it· size = income
2get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 68 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its 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 an EIN, 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.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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