Bond-Dundas Foundation
Private foundation · Toronto, Ontario · BN 705349488RR0001 · Foundations Advancing Religion
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($493,007) as filed with the CRA.
Bond-Dundas Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing religion. In its fiscal year ending December 31, 2024, it reported $854K in revenue and $493K in expenditures.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 9% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $60K in 2024, the largest being $60K to Roman Catholic Episcopal Corporation of the Diocese of Toronto in Canada. Its filed list of directors and trustees shows 3 names.
In its own words
Purpose: to advance the roman catholic faith by receiving and maintaining a fund or funds and to apply all or part of the principal and income therefrom from time to time to qualified donees under the income tax act ( canada) activities in support of purpose: from time to time the applicant will make grants to qualified donees under the income tax act ( canada) .
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $854K | $493K | — | — | $60K | $1.2M |
| 2023 | $852K | $492K | — | — | $75K | $843K |
| 2022 | $715K | $374K | — | — | — | $482K |
| 2021 | $367K | $189K | — | — | — | $141K |
| 2020 | — | $8,686 | $8,686 | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$56,500
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
Granted $60K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
(most Rev.) Francis Leo (director); John Mulhall (director); David Finnegan (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Bond-Dundas Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 705349488RR0001), or read how we compute the receipt.