Crestwood Preparatory College Scholarship Foundation
Charitable organization · Toronto, Ontario · BN 823355219RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($85,200) as filed with the CRA.
Crestwood Preparatory College Scholarship Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $42K in revenue and $85K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 82% from donations, 18% from other charities. In 2024, 3 other registered charities reported granting it a combined $5,447.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 73% of peers.
Its filed list of directors and trustees shows 5 names.
In its own words
Crestwood preparatory college scholarship foundation grants scholarships to students who would like to attend crestwood preparatory college and are in financial need and who demonstrate merit. Funds are raised through donations and other fundraising events and activities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $42K | $85K | $84K | — | — | -$11K |
| 2023 | $35K | $101K | $100K | — | — | -$13K |
| 2022 | $54K | $110K | $110K | — | — | $54K |
| 2021 | $48K | $42K | $4,200 | — | — | $157K |
| 2020 | $36K | $140K | $139K | — | — | $104K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $5,447 from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Nicolas Homiak (chairman/director); Rickesh Bhim (treasurer); Luba Krehovetsky (director); P Davidson (director); Kyla Falkiner (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Crestwood Preparatory College Scholarship Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 823355219RR0001), or read how we compute the receipt.