Canada Trust Charitable Foundation
Private foundation · Toronto, Ontario · BN 891385841RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,137,524) as filed with the CRA.
Canada Trust Charitable 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 $2M in revenue and $2.1M in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 7% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $700 in 2024, the largest being $700 to Forêt Capitale Forest. Its filed list of directors and trustees shows 1 name.
In its own words
Each year the program awards full scholarships to 20 students in their final year of high school.these scholarships include payment of full tuition at any university or college in canada plus $ 7500 per year towards living expenses for up to four years of study. The program also supports previous scholarship recipients who are within the allowed 4 years of undergraduate study support. Up to 90 students are supported through this program.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2M | $2.1M | $1M | — | $700 | $13K |
| 2023 | $2.4M | $2.6M | $1.2M | — | $500 | $145K |
| 2022 | $2M | $2M | $1.1M | — | — | $372K |
| 2021 | $2M | $2.1M | $1.2M | — | — | $382K |
| 2020 | $2.4M | $2.2M | $1.3M | — | — | $445K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $700 to 1 qualified donee:
- Forêt Capitale Forest$700
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Canada Trust (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canada Trust Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891385841RR0001), or read how we compute the receipt.