Financial Information

The Toronto Foundation recognizes that each donation, no matter what size, reflects a trust in our ability to invest resources wisely. The Foundation maintains a long-term investment focus that balances security of capital, income, and growth with a moderate level of risk.

Financials
Toronto Foundation currently administers over $300 million in endowed assets, both for its own donors and for other charitable organizations such as United Way Toronto.

2015-2016 Audited Financial Statements (PDF, 691 KB)
2014-2015 Audited Financial Statements (PDF, 911 KB)
2013-2014 Audited Financial Statements (PDF, 553 KB)
2012-2013 Audited Financial Statements (PDF, 225 KB)
2011-2012 Audited Financial Statements (PDF, 246 KB)
2010-2011 Audited Financial Statements (PDF, 225 KB)
2009-2010 Audited Financial Statements (PDF, 328 KB)
2008-2009 Audited Financial Statements (PDF, 236 KB)
2007-2008 Audited Financial Statements (PDF, 144 KB)



Investment Management
Responsibility for managing the Toronto Foundation’s investment portfolio is vested in the Board of Directors with the guidance of the Investment Committee.

The Committee works closely with staff and our investment
advisors to set policy, establish performance benchmarks, and
monitor the performance of the portfolio.
 

The portfolio is invested under the guidance of Morneau Shepell Asset and Risk Management Ltd.

 
The Foundation’s investment strategy aims to generate an
investment return which achieves granting requirements,
preserves the purchasing power of the capital, establishes a
reserve in the event of future market declines and recovers
the cost of administering the Funds. The portfolio will
be structured and managed to achieve its targeted rate of
investment return while assuming the lowest possible risk.
 
Donors may request to have their personal investment advisors manage their endowment funds. Those firms must meet certain criteria to be approved as a Personal Investment Advisor.

Investment Policy (PDF, 98 KB)