Toronto Foundation for Student Success

2 Trethewey Drive, 4th Floor
Toronto, ON M6M 4A8
Executive Director: Catherine Parsonage
Board Chair: Cam Jackson

Charitable Reg. #:88903 6455 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 5/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 94 cents are available for programs.

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About Toronto Foundation for Student Success:

Toronto Foundation for Student Success is a 5-star, 2021 Top 100 charity, with good demonstrated impact in helping kids from Toronto's priority neighbourhoods. The charity has a high results reporting grade and low overhead spending. 

Founded in 1998, Toronto Foundation for Student Success (TFSS) works with the Toronto District School Board to provide food and after-school programs for students to succeed in school. According to TFSS, as many as 68% of children go to school hungry every day, and 95% of children and youth do not have access to after-school programs. TFSS runs many of its programs in Neighbourhood Improvement Areas (as identified by the City of Toronto) to reach youth who are most in need. The charity runs two programs: Student Nutrition Programs (SNPs) and Beyond 3:30.

A Charity Intelligence 2022 Top 10 Canadian Youth Impact Charity

Student Nutrition Programs accounted for 95% of program spending in F2021. TFSS is under contract with the Ministry of Children, Community and Social Services to run breakfast programs across Toronto. The charity served an average 212,500 meals per school day and 21,755,916 meals in total in F2021.

In response to the covid-19 pandemic, TFSS pivoted its SNPs. In F2021, TFSS distributed over 86,000 grocery cards to students, each valued at $50 ($4.3m in grocery cards). According to the charity, one card supplies approximately 30 days of breakfast for each child. In F2021, TFSS distributed over 2,580,000 meals through grocery cards.

In addition, Toronto Foundation for Student Success introduced a Nutrition Pantry Program. The program stocks pantries in secondary schools with shelf-stable lunch foods such as tuna, soup, canned fruit, and cereal. The Nutrition Pantry Program supplied 431,720 meals and supported 35,000 students in F2021.

Beyond 3:30 represents the other 5% of program costs in F2021. Beyond 3:30 is the charity's after-school program for at-risk youth living in Toronto. As of F2021, the program runs in 18 schools and has 1,200 enrolled students. Beyond 3:30 is for middle school students (aged 11 to 14 years) and runs from 3:30 PM to 6:30 PM each day. In addition to providing food, students have access to homework help, cooking lessons, one-hour fitness training sessions, a financial literacy program, and a rotating schedule of arts programs. Due to covid-19, the program has transitioned online. In F2021, TFSS mailed 700 food cards representing 21,000 meals to student homes.

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Results and Impact

Toronto Foundation for Student Success reports that 70% of Beyond 3:30 participants improved their grades, and 68% became much more active after participating in the program. The Toronto District School Board conducted a detailed, multi-phase evaluation of the Student Nutrition Program between 2012 and 2015. The assessment found that middle school students who ate morning meals three or more times a week performed better in reading, science, and math than students who rarely or never used the meal program.

While Charity Intelligence highlights these key results, they may not be a complete representation of Toronto Foundation for Student Success' results and impacts.

Charity Intelligence has rated Toronto Foundation for Student Success as Good impact based on demonstrated impact per dollar.

A Charity Intelligence 2022 Top 10 Canadian Youth Impact Charity

Impact Rating: Good

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Toronto Foundation for Student Success received $3.8m in donations in F2021. The charity also received $25.8m in government funding, representing 85% of total revenues. Administrative costs are 3% of revenues (excluding investment income), and fundraising costs are 3% of donations. This means that TFSS spent 6% on overhead in F2021. For every dollar donated to the charity, 94 cents go to the cause, which is within Ci's reasonable range for overhead spending.

TFSS has funding reserves of $10.0m which can cover four months of annual program costs, indicating a need for funding.

In addition to reported salary information, TFSS spent $430k in F2021 (up from $273k in F2020) on professional and consulting fees. Compensation figures for staff do not include these consulting fees.

Charity Intelligence has sent an update of this report to Toronto Foundation for Student Success for review. Changes and edits may be forthcoming.

Updated on May 26, 2022 by Ann Lei.

Financial Review

Financial Ratios

Fiscal year ending July
Administrative costs as % of revenues 3.1%3.5%3.0%
Fundraising costs as % of donations 3.3%4.2%4.7%
Total overhead spending 6.4%7.7%7.7%
Program cost coverage (%) 34.4%38.8%22.2%

Summary Financial Statements

All figures in $000s
Donations 3,8093,0533,697
Goods in kind 401338303
Government funding 25,83719,67719,786
Fees for service 1126163
Investment income 399202165
Total revenues 30,44823,39624,114
Program costs 25,83719,59519,554
Grants 3,2782,2653,429
Administrative costs 921813719
Fundraising costs 126129172
Total spending 30,16222,80323,874
Cash flow from operations 286593240
Capital spending 000
Funding reserves 10,0238,4735,109

Note: Ci did not adjust for changes in deferred contributions of $1.3m in F2021, $3.4m in F2020, and $373k in F2019 because the audited financial statements do not disclose what proportion of contributions represent Canadian donations versus government funding. Funding from the Toronto District School Board ($400k in F2021 and $434k in F2020 and F2019) has been included in government funding. Ci took program, administrative, and fundraising costs from the charity's T3010 filings with the CRA for all three years.

Salary Information

Full-time staff: 29

Avg. compensation: $80,896

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-394-6880


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Charitable Registration Number: 80340 7956 RR0001