Cut Foundation
Private foundation · Tatamagouche, Nova Scotia · BN 118881218RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($183,572) as filed with the CRA.
Cut Foundation is a private foundation based in Tatamagouche, Nova Scotia, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $127K in revenue and $184K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 57% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $159K in 2024, the largest being $100K to Canadian Rights Action Foundation. Revenue has grown substantially over its filings on record here, from $71K in 2020 to $127K in 2024.
In its own words
Social services by contributing financial support to charitable organizations where its main purpose is to relieve suffering. Also supports human rights and education.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $127K | $184K | — | — | $159K | $726K |
| 2023 | $95K | $183K | — | — | $159K | $783K |
| 2022 | $132K | $365K | — | — | $341K | $1.4M |
| 2021 | $208K | $109K | — | — | $84K | $1.1M |
| 2020 | $71K | $95K | — | — | $71K | $1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $159K to 9 qualified donees:
- Canadian Rights Action Foundation$100K
- CARE Canada$20K
- Operation Smile Canada Foundation$10K
- Amnesty International Canadian Section (english Speaking)$9,000
- Canadian Unicef Committee$8,000
- Tearmann Society for Abused Women$6,000
- Breakthrough T1D Canada/Percée DT1 Canada$3,000
- Lillian Fraser Memorial Hospital Foundation$2,000
- Atlantic Christian Training Centre$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Cut Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118881218RR0001), or read how we compute the receipt.