Toronto Arts Foundation

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

Tax ID 888547064RR0001 Canada 🇨🇦

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

About Toronto Arts Foundation

Overview

The Toronto Arts Foundation provides financial support to artistic and cultural organizations in the city of Toronto. They also offer scholarships, gifts, and awards to individuals who have made outstanding contributions to the arts in Toronto. Additionally, the foundation receives special funds commemorating donors or others to support the arts as donors wish. They have also created an endowment fund, the income from which may be used as a potential source of income for the Toronto Arts Council.

Financial overview

Revenue (2024)
$2,572,668
Expenses (2024)
$2,630,792
Total assets
$2,345,190
Liabilities
$477,300
Year Revenue Expenses Program Admin Fundraising
2024 $2,572,668.00 $2,630,792.00 $2,113,587.00 $50,720.00 $391,485.00
2023 $2,472,533.00 $2,495,748.00 $1,955,916.00 $53,597.00 $411,235.00
2022 $4,355,139.00 $4,645,471.00 $4,153,635.00 $50,785.00 $366,051.00
2021 $2,839,243.00 $2,701,948.00 $2,239,690.00 $47,433.00 $339,825.00
2020 $3,295,519.00 $3,468,401.00 $2,353,187.00 $43,200.00 $313,347.00

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)
SB

STEFAN BARANSKI

Director

RB

ROBERT BLAZEVSKI

Director

SD

SARA DIAMOND

Chair

MH

MICHAEL HERRERA

Treasurer

NN

NASIR NOORMOHAMED

Director

DP

DANIELLE LABOSSIERE PARR

Director

SP

SAGE PAUL

Director

JR

JESSE RYAN

Director

DS

DEVYANI SALTZMAN

Director

SS

SURRANNA SANDY

Director

OS

ORIT SARFATY

Director

BS

BRIGITTE SHIM

Director

JS

JONATHAN SIMMONS

Director

SW

SUSAN WORTZMAN

Secretary

MY

MIKE YORKE

Director

Trusted by

NWM Acts of Grace Charis CNCF

Frequently asked questions

Everything you need to know about getting started.

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