Carswell Family Foundation
Private foundation · Thornhill, Ontario · BN 815947403RR0001 · Foundations
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($367,528) as filed with the CRA.
Carswell Family Foundation is a private foundation based in Thornhill, Ontario, classified by the CRA under foundations. In its fiscal year ending May 31, 2024, it reported $96K in revenue and $368K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 55% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $350K in 2024, the largest being $250K to The WoodGreen Foundation. Revenue has declined over its filings on record here, from $217K in 2020 to $96K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
The foundation continues to solicit and donate funds to promote health and education initiatives in canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $96K | $368K | — | — | $350K | $1.8M |
| 2023 | $130K | $330K | — | — | $298K | $2M |
| 2022 | $532K | $7M | — | — | $6.9M | $2.2M |
| 2021 | $1.9M | $4.9M | — | — | $4.8M | $8.7M |
| 2020 | $217K | $2.6M | — | — | $2.5M | $11.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $350K to 2 qualified donees:
- The WoodGreen Foundation$250K
- York University$100K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Allan Carswell (director/president); Donald Carswell (director); Ruth Graham (director/secretary); Diane Carswell (vice president); Allan Carswell (member); Patricia Carswell (member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Carswell Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815947403RR0001), or read how we compute the receipt.