Charity BreakdownCanadian charity filings, itemized

Arthur & Audrey Cutten Foundation

Private foundation · Toronto, Ontario · BN 118790526RR0001 · Foundations Advancing Education

Every $100 spentArthur & Audrey Cutten FoundationFiscal year ended December 31, 2024
Gifts to other charities$86
Management & admin$14
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($501,756) as filed with the CRA.

Arthur & Audrey Cutten Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $417K in revenue and $502K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 56% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.

As a grantmaker, it reported gifts to 35 qualified donees totalling $431K in 2024, the largest being $50K to The Canadian Red Cross Society. Its filed list of directors and trustees shows 3 names.

In its own words

For charitable purposes in ontario and for educational purposes in canada.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$417K$502K$431K$9.6M
2023$707K$483K$414K$9M
2022$525K$384K$315K$8.5M
2021$610K$384K$315K$9.6M
2020$424K$337K$274K$8.7M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$9.7M$9,653,059 in total assets
Given away$431Kto 35 charities
That is4.5%of what it holds
Where the money came from
  • Investment income$274,802

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Matthew Bird (president); Dave Johnston (vice president); Geraldine Lawrie (secretary/treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from Arthur & Audrey Cutten Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118790526RR0001), or read how we compute the receipt.