Chair and President’s Message

Every two years, when it’s time to put together our biennial report, we think about how to characterize what those years have meant, and what theme or shape they have taken for us.
Kirsten Hanson
CHAIR
sig-sandy
Sandy Houston
PRESIDENT AND CEO
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Investing in people, ideas, and actions to build a just, healthy, and creative society.

“If, in a world where the needs are vast and immediate, we are to be funders who are in it for the long haul, who have chosen to husband our resources and allocate them over an indefinite time frame, then where and how we direct our small amounts of money now is crucial. Our grants must seek impact, to be both brave and wise. We should be the rare money — the support that is not otherwise available — that opens a door, draws a connection, conjures an opportunity, or creates a pause.”

Sandy Houston, President and CEO

OUR FUNDING PHILOSOPHY

1. Have the courage to tackle tough issues.
2. Be supportive, not prescriptive.
3. Embrace diverse perspectives.
4. Be curious, respectful, and rigorous.
5. Share knowledge and learn collectively.

ENVIRONMENT

Working at the intersection of climate, biodiversity, and sustainable livelihoods
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INCLUSIVE LOCAL ECONOMIES

Focusing on sustainable economic opportunities for low-income people and communities in Toronto
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PERFORMING ARTS

Supporting individual leadership and organizational innovation in the performing arts
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2020-2021

$16M

Charitable Spending

200+
Organizations Funded
20+
Publications
50+
Advisors
$200M

Total Assets (2021)

$9.3M

Impact Investments (2021)

Established
in 1960

TO DATE
300+
Performing Arts Internships
19

Innovation Fellows

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Environment

So, what matters now?

With the twin crises of biodiversity loss and climate change, time is not on our side. Now, more than ever, we must search out those sweet spots where collective action can benefit many and accelerate progress like never before. For us, that involves working at the intersection of climate, biodiversity, and sustainable livelihoods. Here, we have an opportunity to reimagine conservation in Canada to ensure it is grounded in respect for Indigenous Peoples, worldviews, rights, culture, and livelihoods.

Environment

So, what matters now?

With the twin crises of biodiversity loss and climate change, time is not on our side. Now, more than ever, we must search out those sweet spots where collective action can benefit many and accelerate progress like never before. For us, that involves working at the intersection of climate, biodiversity, and sustainable livelihoods. Here, we have an opportunity to reimagine conservation in Canada to ensure it is grounded in respect for Indigenous Peoples, worldviews, rights, culture, and livelihoods.

Api’soomaahka, William Singer, featured in The Narwhal’s “Meet the people saving Canada’s native grasslands,” which won Best Digital Editorial Package at the Digital Publishing Awards. Photo: Amber Bracken

The Narwhal’s "Carbon Cache" Series

Steven Nitah
Steven Nitah was the lead negotiator for Łutsël K’e Dene First Nation in establishing the Thaidene Nëné Indigenous Protected Area. He provided an overview of the critical role of Indigenous knowledge and leadership in nature-based climate solutions to attendees. Photo: Susanne Ure

Nature-Based Climate Solutions Summit

An aerial view of globally-significant peatlands in northern Ontario, where the Mushkegowuk Council are advancing efforts to protect terrestrial and marine ecosystems in their homelands. Photo: Garth Lenz

An aerial view of globally-significant peatlands in northern Ontario, where the Mushkegowuk Council is advancing efforts to protect terrestrial and marine ecosystems in their homelands. Photo: Garth Lenz

New Landmark Research on Nature-Based Climate Solutions

Stephanie Thorassie, Executive Director, Seal River Watershed Alliance

Growing Support for Indigenous Protected and Conserved Areas

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Inclusive Local Economies

So, what matters now?

We must continue to centre the aspirations, efforts, and experiences of communities and workers, be bold in our long-term strategies, and nimble in our incremental approaches that create sustainable economic opportunities and generate wealth for low-income people and communities. Over the last two years we have seen communities rally together, institutions respond creatively, and public policies adapt with urgency — all in pursuit of the common good. We believe that decent work, neighbourhood resiliency, and equitable economic development are essential to mend the fissures in our society, and we will continue to work in collaboration with communities to pursue a more resilient, inclusive economy that offers wealth and well-being to all.

Inclusive Local Economies

So, what matters now?

We must continue to centre the aspirations, efforts, and experiences of communities and workers, be bold in our long-term strategies, and nimble in our incremental approaches that create sustainable economic opportunities and generate wealth for low-income people and communities. Over the last two years we have seen communities rally together, institutions respond creatively, and public policies adapt with urgency — all in pursuit of the common good. We believe that decent work, neighbourhood resiliency, and equitable economic development are essential to mend the fissures in our society, and we will continue to work in collaboration with communities to pursue a more resilient, inclusive economy that offers wealth and well-being to all.

Lineup outside a pop-up vaccine clinic on Tobermory Drive in the Jane and Finch area. Photo: Yader Guzman/The Local

The Local’s Pandemic Coverage

Danielle Olsen

Danielle Olsen. Photo: Guntar Kravis

When Training Works by Danielle Olsen and John MacLaughlin

Residents and community members celebrating The Neighbourhood Land Trust’s acquisition of 22 Maynard Avenue, a 36-unit affordable rental property in Parkdale, Toronto. Photo: The Neighbourhood Land Trust

The Neighbourhood Land Trust’s Leading and Innovative Model

Veronica Zaragoza, an organizer with the Workers’ Action Centre, speaking on the need for permanent paid sick days outside Queen's Park. Photo: Jared Ong

Veronica Zaragoza, an organizer with the Workers’ Action Centre, speaking on the need for permanent paid sick days outside Queen’s Park. Photo: Jared Ong

Significant Policy Wins for Workers

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Performing Arts

So, what matters now?

The arts and culture sector is at a crossroads. While some in the sector are struggling to resist the strong gravitational pull back to practices and behaviours that they recognize and find comfort in, a growing number of practitioners, stakeholders, and thought leaders are embracing the opportunity to imagine a new future. The last two years have been incredibly challenging, and how we collectively respond to the timely and relevant questions that have surfaced will determine if the sector comes through better and stronger. For our part, we will continue to support approaches that strengthen equity, question relevancy, seek capacity growth, and explore new models that better serve all who make and consume artistic experiences.

Philip Akin

Performing Arts

So, what matters now?

The arts and culture sector is at a crossroads. While some in the sector are struggling to resist the strong gravitational pull back to practices and behaviours that they recognize and find comfort in, a growing number of practitioners, stakeholders, and thought leaders are embracing the opportunity to imagine a new future. The last two years have been incredibly challenging, and how we collectively respond to the timely and relevant questions that have surfaced will determine if the sector comes through better and stronger. For our part, we will continue to support approaches that strengthen equity, question relevancy, seek capacity growth, and explore new models that better serve all who make and consume artistic experiences.

Philip Akin. Photo: David Cooper

Philip Akin Black Shoulders Award

Arts Insight Canada
Konor Abrahams/TOOGL

Arts Insight Canada

David Maggs. Photo: Grady Mitchell

Art and the World After This by David Maggs

Catalyst and Transformation Fund

Catalyst and Transformation Fund

Johannas

The Johanna Metcalf Performing Arts Prizes/Les Prix Johanna-Metcalf des Arts de la scène (Johannas) celebrate artists in Ontario who have made a recognized impact on the field and the public, and show great promise in the ongoing pursuit of their ambitious and visionary practices. Established in 2019 and named in honour of Johanna Metcalf ⁠— who was at the heart of the Metcalf Foundation’s work for over 40 years ⁠— the biennial prizes amplify her legacy as a passionate supporter of the arts and artists, and is delivered in partnership with the Ontario Arts Council.

2021 Johannas

Johanna Prizes

Johannas

The Johanna Metcalf Performing Arts Prizes/Les Prix Johanna-Metcalf des Arts de la scène (Johannas) celebrate artists in Ontario who have made a recognized impact on the field and the public, and show great promise in the ongoing pursuit of their ambitious and visionary practices. Established in 2019 and named in honour of Johanna Metcalf ⁠— who was at the heart of the Metcalf Foundation’s work for over 40 years ⁠— the biennial prizes amplify her legacy as a passionate supporter of the arts and artists, and is delivered in partnership with the Ontario Arts Council.

Photos: Luis Mora, Lotte Thor (Sandra Laronde)
Ian Cusson
Ian Cusson is a composer of art song, opera, and orchestral work. Of Métis (Georgian Bay Métis Community) and French-Canadian descent, his work explores the Canadian Indigenous experience.
Beverley McKiver
Beverley McKiver, protégé of Ian Cusson, is an Ottawa-based composer, pianist, and teacher who explores themes of connection to the land, identity, and recovery of Indigenous knowledge through her compositions. She is a member of Lac Seul First Nation in Treaty Three.
iskwē | ᐃᐢᑫᐧᐤ
iskwē | ᐃᐢᑫᐧᐤ is, among many other things, a Juno-award winning artist – a creator and communicator of music and movement, pictures, poetry and prose. iskwē is Cree Métis from Treaty One Territory.
Zeegwon “Zee” Shilling
Zeegwon “Zee” Shilling, protégé of iskwē, is a 16-year-old Anishinaabe (Wasauksing First Nation) actor, singer, songwriter, and multi-instrumentalist who is just beginning to share his voice with the world.
Ravi Jain
Toronto-based stage director Ravi Jain is a multi-award-winning artist known for making politically bold and accessible theatrical experiences in both small indie productions and large theatres.
Aaron Jan
Aaron Jan, protégé of Ravi Jain, is a Hamilton-born playwright, director, dramaturg, and educator. He is dedicated to making his hometown a place where professional theatre artists can make new work and be compensated fairly for it.
Sandra Laronde
From the Teme-Augama-Anishinaabe, Sandra Laronde is a multidisciplinary artist working as a director, producer, choreographer, author, digital storyteller, and as the founder and Artistic Director of Red Sky Performance.
Aria Evans

Aria Evans, protégé of Sandra Laronde, is an award-winning, queer, Toronto-based interdisciplinary artist working in dance, theatre, and film. Aria is the 2021 Metcalf Artistic Director Intern at Soulpepper.

Marilo Nuñez
Marilo Nuñez is a Chilean Canadian playwright, director, dramaturge, actor, and scholar. Marilo has an MFA in Creative Writing and is currently obtaining her PhD in Theatre & Performance Studies at York University.
Margarita Valderrama
Margarita Valderrama, protégé of Marilo Nuñez, is a Colombian, Dora Award-nominated actor, writer, and filmmaker based in Tkaronto. She completed Factory Theatre’s playwriting unit, The Foundry, and two playwriting residencies through Aluna Theatre.
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The Nonprofit Sector.

One of the highlights of our granting over this unprecedented pandemic period was providing funding to organizations that support the nonprofit sector as a whole. At a time when so much was being demanded of nonprofit organizations ⁠— to continue delivering programs and services while enduring significant pandemic-related revenue losses and volunteer shortages ⁠— it was important to support these sector-wide organizations bolstering the nonprofit community.

The Nonprofit Sector in Canada

170,000+

Nonprofit
Organizations

2.5M
People Employed (77% are women)
$189B

Contribution to GDP

Imagine Canada & HR Intervals

Carleton University & Charity Insights Canada Project

Ontario Nonprofit Network & COVID-19 Sector Support

Grants

Between 2020 and 2021, the Metcalf Foundation invested over $16 million in charitable activities. In addition to supporting our three program areas ⁠— Environment, Inclusive Local Economies, and Performing Arts ⁠— we dedicated $3 million in funding specifically for our COVID-19 response while continuing to reserve a portion of funding for grants outside of our formal program areas.

COVID-19 Grants

Grant Spotlight:
Community Foundations of Canada

Environment Grants

“With the twin crises of biodiversity loss and climate change, time is not on our side. Now, more than ever, we must search out those sweet spots where collective action can benefit many and accelerate progress like never before.”

Inclusive Local Economies Grants

Thank You, John Stapleton — Celebrating Over a Decade of Innovation and Impact

John Stapleton
“The Metcalf Innovation Fellowship has enabled me to pursue a post-public service career where I have been able to examine income security at all levels in Canada for individuals of all age groups across a wide spectrum of lived realities. I am enormously grateful for the support, resources, and opportunities that Metcalf has provided me to engage in this work.”
—John Stapleton
Metcalf Innovation Fellow, 2006-2020
“John’s impact has been remarkable. He has been a formidable resource and tireless participant in virtually every effort to address issues of justice and decency for low-income people over the last decade and beyond.”
—Sandy Houston
President and CEO, Metcalf Foundation
Along with celebrating John and his many accomplishments, we want to express our deep gratitude for this remarkable partnership.

Performing Arts Grants

“We will continue to support approaches that strengthen equity, question relevancy, seek capacity growth, and explore new models that better serve all who make and consume artistic experiences.”

General Fund Grants

The General Fund is where we identify and support promising initiatives that resonate with Metcalf’s broad themes and priorities — it provides us with an opportunity to support important initiatives that are harmonious with our goals, but do not always fit directly into our formal program areas.

Documenting the Important History of the Ongoing Regent Park Revitalization

Regent Park

Grant Spotlight:
Canadian Institute for Advanced Research (CIFAR)

Grant Spotlight:
Community Food Centres Canada

Board Member-Initiated Grants

Impact Investing

Impact investments are investments made into companies, organizations, and funds with the intention to generate positive social or environmental impact alongside a financial return — it’s a way to do well by doing good.

Impact investing provides us with another way to make a difference with our money beyond our grantmaking. We believe we can accelerate our ability to achieve our mission by investing our financial assets directly in support of our goals.

Harnessing the power of our endowment to build affordable housing and community real estate, support microlending for job training and licensing, and develop clean energy and sustainable food companies, are examples of how we are putting capital to work for purpose beyond profits.

As of December 31, 2021, we have committed $9,300,000 in capital from our endowment towards impact investments.

$9.3M

Impact Investments Committed

CURRENT INVESTMENTS

Palmetto

Palmetto, an ArcTern investment, is transforming residential solar sales with its marketplace platform model. The Palmetto platform brings together all groups involved in residential solar – gig workers who want to sell solar in their local areas, installers of high-quality residential solar systems, global equipment providers, financiers, and post-installation service providers – and provides end-to-end workflow software for platform members to seamlessly execute solar installs. As of September 2021, Palmetto homeowners are on track to prevent more than one million metric tons of carbon dioxide from reaching our atmosphere.

Satya Organic

Satya Organic, a Raven Capital investment, was founded by Patrice Mousseau, an Ojibway entrepreneur. Inspired to find a non-steroid, natural solution to her young daughter’s eczema, Patrice combined her knowledge of medical research and traditional Indigenous medicine to create a balm made from a combination of simple and organic whole ingredients to soothe skin and reduce inflammation. Currently based in North Vancouver, Patrice operates Satya from her home on Tsleil-Waututh First Nation. The balm first created in her home kitchen crockpot is now available in over 900 stores across Canada.

Windmill Microlending

Windmill supports immigrants and refugees who come to Canada with education, skills, and experience but struggle to resume their careers here. Windmill provides microloans of up to $15,000 to clients who may not otherwise qualify for credit products offered by larger financial institutions, which can be used towards exams, training, books and materials, relocation costs, professional association fees, and other expenses related to advancing their career. On average, clients triple their income by the time their loan is repaid. Windmill has provided over $35 million in loans and supported over 5,000 skilled immigrants and refugees.

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Financial Information

CONDENSED STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2021
20212020
ASSETS
Cash and cash equivalents3,826,0802,338,726
Accrued interest and dividends receivable747,607192,537
Investments at market value196,864,957176,232,189
Other receivables and capital assets2,140,3822,178,739
203,579,026180,942,191
LIABILITIES
Accounts payable and accrued liabilities3,677,8882,406,849
NET ASSETS199,901,138178,535,342
CONDENSED STATEMENT OF REVENUE AND EXPENDITURES
REVENUE30,783,43216,032,255
EXPENDITURES
Investment-related420,405342,605
Other574,222604,178
994,627946,783
REVENUE BEFORE GRANTS29,788,80515,085,472
GRANTS AND DIRECT CHARITABLE ACTIVITIES
Performing Arts1,001,527935,191
Environment2,233,2011,495,076
Inclusive Local Economies2,174,2681,358,475
Special Initiatives1,579,4982,637,000
Direct charitable activities1,434,5151,407,317
8,423,0097,833,059
EXCESS OF REVENUE OVER EXPENDITURES21,365,7967,252,413
CONDENSED STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2021
20212020
ASSETS
Cash and cash equivalents3,826,0802,338,726
Accrued interest and dividends receivable747,607192,537
Investments at market value196,864,957176,232,189
Other receivables and capital assets2,140,3822,178,739
203,579,026180,942,191
LIABILITIES
Accounts payable and accrued liabilities3,677,8882,406,849
NET ASSETS199,901,138178,535,342
CONDENSED STATEMENT OF REVENUE AND EXPENDITURES
REVENUE30,783,43216,032,255
EXPENDITURES
Investment-related420,405342,605
Other574,222604,178
994,627946,783
REVENUE BEFORE GRANTS29,788,80515,085,472
GRANTS AND DIRECT CHARITABLE ACTIVITIES
Performing Arts1,001,527935,191
Environment2,233,2011,495,076
Inclusive Local Economies2,174,2681,358,475
Special Initiatives1,579,4982,637,000
Direct charitable activities1,434,5151,407,317
8,423,0097,833,059
EXCESS OF REVENUE OVER EXPENDITURES21,365,7967,252,413
Our financial statements have been audited by KPMG, LLP, Chartered Professional Accountants.

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The Metcalf Foundation office is located on the traditional territory of many nations including the Mississaugas of the Credit, the Anishnabeg, the Chippewa, the Haudenosaunee and the Wendat peoples. Today, the meeting place of “Tkaronto” (Toronto) continues to be home to many Indigenous people from across Turtle Island and we are grateful to work together on this land.
Metcalf Foundation
38 Madison Avenue
Toronto, ON
M5R 2S1