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An annual ranking and analysis of
Canada’s largest grantmakers for 2024

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An annual ranking and analysis of
Canada’s largest grantmakers for 2024

x

An annual ranking and analysis of
Canada’s largest grantmakers for 2024

Introduction

Introduction

Introduction

Future of Good and QuakeLab present: 2024 Top 50 Equitable Funders 

What if every funding organization took a page from Canada’s Top 50 Equitable Funders, making equity and inclusion central to their investing and granting practices?

Using rigorous research and analysis, Top 50 Equitable Funders is an independent annual ranking that spotlights grantmakers who are centring and advancing equity, inclusion and anti-racism in their governance, team, investing and grantmaking. 

Key Findings

Key insights on equitable funding from our research

90%
of grantmakers do not publicly share their investment portfolio
6%
of grantmakers have a public DEI statement on their website
8%
of grantmakers publicly state that they offer core operational funding
6
grantmakers have executive teams that are 100% representative of the people they fund
89%
of grantmakers do not offer funding for periods longer than one year

Access your full scores and customized data analysis

Access your detailed funder score breakdown, comparative analysis, see who leads in each metric, patterns in the sector, and more for 100 foundations.

Access your full scores and customized data analysis

Access your detailed funder score breakdown, comparative analysis, see who leads in each metric, patterns in the sector, and more for 100 foundations.

Access your full scores and customized data analysis

Access your detailed funder score breakdown, comparative analysis, see who leads in each metric, patterns in the sector, and more for 100 foundations.

Why it matters

Why it matters

Why it matters

At a time when polarization is rising, hate movements are growing, trust in institutions is declining, and 80% of the Sustainable Development Goals need to get back on track, what if funders were perceived as champions and allies in enabling changemakers and community groups to do their best work?


In today’s funding landscape, that means leading with equity.

Celebrating the Top 50 Equitable Funders isn't just about recognizing their progress; it's about envisioning a future where equity isn't aspirational but core to every act of grantmaking and investing, driving meaningful lasting change for generations to come. 

Congratulations to the Top 50 Equitable Funders for inspiring everyone to #LeadWithEquity.

Methodology

The vision of Top 50 Equitable Funders is to enable systemic change in the grantmaking landscape over the next decade.


Pursuing this vision requires a strong research methodology—this is where equity research firm QuakeLab comes in. With expertise and field experience in equity research, QuakeLab led the development of a robust three-stage methodology, including the development of metrics, KPIs, inclusion and exclusion criteria, survey design as well as leading primary and secondary data collection and analysis.


Read the detailed methodology here.

Methodology

The vision of Top 50 Equitable Funders is to enable systemic change in the grantmaking landscape over the next decade.


Pursuing this vision requires a strong research methodology—this is where equity research firm QuakeLab comes in. With expertise and field experience in equity research, QuakeLab led the development of a robust three-stage methodology, including the development of metrics, KPIs, inclusion and exclusion criteria, survey design as well as leading primary and secondary data collection and analysis.


Read the detailed methodology here.

Methodology

The vision of Top 50 Equitable Funders is to enable systemic change in the grantmaking landscape over the next decade.


Pursuing this vision requires a strong research methodology—this is where equity research firm QuakeLab comes in. With expertise and field experience in equity research, QuakeLab led the development of a robust three-stage methodology, including the development of metrics, KPIs, inclusion and exclusion criteria, survey design as well as leading primary and secondary data collection and analysis.


Read the detailed methodology here.

Any Questions?

Any Questions?

Any Questions?

What is this project about?

What is this project about?

What is this project about?

Which foundations are included in this ranking?

Which foundations are included in this ranking?

Which foundations are included in this ranking?

What is the definition of an equitable funder?

What is the definition of an equitable funder?

What is the definition of an equitable funder?

What was the methodology around the Top 50 Equitable Funders?

What was the methodology around the Top 50 Equitable Funders?

What was the methodology around the Top 50 Equitable Funders?

Who funded this project?

Who funded this project?

Who funded this project?

There is a notable absence of the United Ways on this list. Can you explain this?

There is a notable absence of the United Ways on this list. Can you explain this?

There is a notable absence of the United Ways on this list. Can you explain this?

Where can I follow updates regarding the Top 50 Equitable Funders project?

Where can I follow updates regarding the Top 50 Equitable Funders project?

Where can I follow updates regarding the Top 50 Equitable Funders project?

I have comments about the Top 50 Equitable Funders project. Where can I leave feedback for consideration in future years?

I have comments about the Top 50 Equitable Funders project. Where can I leave feedback for consideration in future years?

I have comments about the Top 50 Equitable Funders project. Where can I leave feedback for consideration in future years?

For further questions regarding the Top 50 Equitable Funders report, feel free to contact us any time.

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Access your full scores and customized data analysis

Access your detailed funder score breakdown, comparative analysis, see who leads in each metric, patterns in the sector, and more for 100 foundations.

Access your full scores and customized data analysis

Access your detailed funder score breakdown, comparative analysis, see who leads in each metric, patterns in the sector, and more for 100 foundations.

Access your full scores and customized data analysis

Access your detailed funder score breakdown, comparative analysis, see who leads in each metric, patterns in the sector, and more for 100 foundations.