Estate of L.V. Smith
Private foundation · Halifax, Nova Scotia · BN 814890414RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($218,163) as filed with the CRA.
Estate of L.V. Smith is a private foundation based in Halifax, Nova Scotia, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $146K in revenue and $218K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $142K in 2024, the largest being $57K to Pine Hill Divinity Hall. Its filed list of directors and trustees shows 1 name.
In its own words
To invest the residue of the estate and pay the annual net income to the following charities: 4/10th to Pine Hill Divinity Hall Halifax NS; 2/10th to Grace Maternity Hospital Halifax NS; 1/10th to IWK Hospital for Children Halifax NS; 1/10th to Inverness County Hospital Inverness; 1/10th to Halifax Childrens Foundation Halifax NS; 1/10th to Halifax Protestants Infants Foundation Halifax NS.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $146K | $218K | — | — | $142K | $3.2M |
| 2023 | $377K | $165K | — | — | $72K | $3.2M |
| 2022 | $660K | $138K | — | — | $72K | $3M |
| 2021 | $162K | $135K | — | — | $72K | $2.5M |
| 2020 | $139K | $158K | — | — | $94K | $2.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, June 30, 2024
- Investment income$129,934
- Other income$5,581
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $142K to 6 qualified donees:
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 Estate of L.V. Smith’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 814890414RR0001), or read how we compute the receipt.