Elizabeth B Weldon Scholarships Foundation
Private foundation · Toronto, Ontario · BN 866417884RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($211,385) as filed with the CRA.
Elizabeth B Weldon Scholarships 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 $210K in revenue and $211K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 47% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $173K in 2024, the largest being $173K to Trillium Lakelands District School Board. Revenue has grown substantially over its filings on record here, from $91K in 2020 to $210K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The net income of the foundation is to be paid to the trillium lakelands district school board for prizes and scholarships in victoria county
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $210K | $211K | — | — | $173K | $4M |
| 2023 | $214K | $227K | — | — | $188K | $3.8M |
| 2022 | $221K | $188K | — | — | $145K | $3.7M |
| 2021 | $273K | $163K | — | — | $124K | $4.3M |
| 2020 | $91K | $187K | — | — | $146K | $4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $173K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Scotiatrust (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Elizabeth B Weldon Scholarships Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 866417884RR0001), or read how we compute the receipt.