Cycle Toronto

WellFunded is working with organizations like Cycle Toronto to eliminate redundancy, increase equity, and unlock more funding for charities like yours.

Tax ID 816664957RR0001 Canada 🇨🇦

Trusted by leading Canadian DAFs, foundations, and wealth advisors managing over $1.3B in charitable assets.

About Cycle Toronto

Financial overview

Revenue (2024)
$865,106
Expenses (2024)
$623,631
Total assets
$474,987
Liabilities
$38,242
Year Revenue Expenses Program Admin Fundraising
2024 $865,106.00 $623,631.00 $500,192.00 $101,121.00 $22,318.00
2023 $484,470.00 $507,084.00 $416,694.00 $78,947.00 $11,443.00
2022 $498,721.00 $584,950.00 $461,695.00 $116,065.00 $7,190.00
2021 $616,104.00 $513,142.00 $378,432.00 $131,285.00 $3,425.00

Financial data sourced from the Canada Revenue Agency.

Revenue, expenses and assets

Revenue sources

Assets and liabilities

Spending mix by year

Board of directors

(2024 filing)
KR

KATHRYN RANDLE

Director

ME

MARK EMILA

Director

AQ

ASHLEY LAURA QUAN

President

EM

ERIC MCGOEY

Director

DS

DAVE SHELLNUTT

Director

JL

JULIA LANGER

Director

NV

NICOLE VISSCHEDYK

Director

GD

GRAEME DEANS

Director

DO

DANA O'BORN

Chair

DH

DARNEL HARRIS

Director

AI

ANDREA IMADA

Treasurer

SL

SARAH LAMB

Director

SM

SIMON MINELLI

Director

LB

LIANNE BLACK

Director

MG

MONISH GANDHI

Director

AH

Arman Hamidian

Director

PS

Peter Sos

Director

CQ

Caralyn Quan

Director

Trusted by

NWM Acts of Grace Charis CNCF

Frequently asked questions

Everything you need to know about getting started.

How does the platform work?

WellFunded eliminates the inefficiencies, inequities and ineffectiveness of traditional fundraising by centralizing and standardizing the process. Instead of spending time on endless grant applications, you create a single, detailed profile that philanthropists and foundations can easily discover and fund.

Do I need to apply for funding through WellFunded?

Philanthropists can browse charity profiles, see your funding needs, and express interest directly—saving you countless hours. We are soon rolling out a "two click granting" tool where donors can set their granting preferences and matching charities are automatically surfaced.

What does it cost?

WellFunded charges philanthropists today. For charities, WellFunded offers a free tier, with plans for affordable paid options that provide enhanced visibility and engagement tools. There will always be a free tier.

How does WellFunded help my charity get discovered?

Instead of relying on cold proposals or personal networks, WellFunded helps you get in front of philanthropists actively looking to give in your area of impact.

How does WellFunded ensure trust and transparency?

Charity profiles include leadership information, financial data, and clear funding needs. Philanthropists can also see impact reports and follow giving activity of other donors.

Is my information secure?

Yes. WellFunded prioritizes data security and does not sell or share your private information outside the platform.