Charity BreakdownCanadian charity filings, itemized

Beacon Scholarship Fund

Private foundation · Toronto, Ontario · BN 757543715RR0001 · Support of Schools and Education

Every $100 spentBeacon Scholarship FundFiscal year ended December 31, 2024
Gifts to other charities$97
Other$3
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,640) as filed with the CRA.

Beacon Scholarship Fund is a private foundation based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $5,000 in revenue and $4,640 in expenditures.

Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 65% of peers.

Its filed list of directors and trustees shows 5 names.

In its own words

Scholastic funding for participants in regent park school of music

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$5,000$4,640$4,500$0
2023$6,000$4,390$0$4,000$0
2022
2021$0$0$0$0$0
2020

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$1,970$1,970 in total assets
Given away$4,500in gifts to qualified donees
That is228.4%of what it holds
Where the money came from
  • Other income$5,000

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.

Directors & trustees (2023)

Victoria Maxwell (director); Alistair Maxwell (director); Andrew Williams (director); Bruce Wetherly (director); Miriam MacDonald (director).

As listed on its 2023 return.

Check the source

Every figure on this page is from Beacon Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 757543715RR0001), or read how we compute the receipt.