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Community Foundationest. 1981 · Toronto, ON

Toronto Foundation

Open to any Canadian donor.

Canada's largest community foundation by grants made (2,435 grants to 1,074 charities totalling $26.7M in 2024). 20+ years of Toronto's Vital Signs research anchors an equity-focused granting practice. Named Canada's #1 Equitable Funder by Future of Good in 2024. Distinguished by the breadth of grantee relationships and responsible investing commitment.

Place-based public foundation serving a specific geographic region.

Cost calculator

Estimate fees for your scenario. Grants are never reduced by fees — fees apply after each year's granting.

Estimated range
~$17,702 – $26,511
1.30%–2.00% effective · medium confidence
Why a range?
Philanthropic services fee disclosed at 1.0%-1.5%. Investment fee described as 'market-based' but not published; community foundation investment fees typically range 0.30%-0.50%. All-in range reflects both components.

Minimums

To open a DAF$10,000

Granting rules

FrequencyOngoing
Max grants/yearUnlimited
Capital encroachmentPermitted
Disbursement ruleNone beyond CRA minimum

Assets accepted

  • Cash
  • Public securities
  • Private company shares
  • Life insurance

Scale & activity

From T3010 CRA filing · FYE 2024-12-31

Total DAF assets
$204.5M
Annual grants
$22.8M
Actual payout
11.2%
DAF accounts
742
Avg. account
$275,583

CRA registration 136491875RR0001. Payout rate is actual grants divided by total assets over the filing period — a real-world indicator that can differ from the provider's stated disbursement policy.

Fee structure

Admin fee tiers

Balance rangeRate
$0K+· Philanthropic services fee range 1.0%-1.5%; 1.25% used as representative midpoint1.25%

Investment fee tiers

Balance rangeRate
$0K+· Market-based investment fee, not publicly disclosed—

Philanthropic services fee 1.0%-1.5%. Separate investment fee described as 'market-based' but not publicly quantified.

Why this is an estimate

Philanthropic services fee disclosed at 1.0%-1.5%. Investment fee described as 'market-based' but not published; community foundation investment fees typically range 0.30%-0.50%. All-in range reflects both components.

Also consider

Community FoundationVancouver Foundation

One of Canada's earliest community foundations (est. 1943), serving donors across British Columbia. Community advisors with charity expertise review hundreds of grant applications annually to direct Focus Area donations. Permanent endowment model means one gift creates impact year after year.

Community FoundationCalgary Foundation

Calgary and area community foundation (est. 1955) with deep local granting relationships and the most transparent published fee schedule of any Canadian DAF provider, with four tiers across standard and flow-through fund types.

Community FoundationWinnipeg Foundation

Canada's first community foundation by charter (est. 1921), serving Winnipeg and Manitoba. Offers the lowest all-in cost among Canadian community foundations, with tiered investment and admin fees that decrease meaningfully above $10M.

Data sources

Confidence: Not publicly disclosed · Last verified 2026-04-21

Value proposition authored by WellFunded