Charity BreakdownCanadian charity filings, itemized

Estate of the Late Sidney Milton Medine

Private foundation · Toronto, Ontario · BN 826769747RR0001 · Foundations Advancing Education

Every $100 spentEstate of the Late Sidney Milton MedineFiscal year ended May 17, 2024
Gifts to other charities$71
Management & admin$28
Other$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-05-17. Split of total expenditures ($110,445) as filed with the CRA.

Estate of the Late Sidney Milton Medine is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending May 17, 2024, it reported $101K in revenue and $110K 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 31% of peers.

As a grantmaker, it reported gifts to 1 qualified donee totalling $78K in 2024, the largest being $78K to Bishop's University Foundation. Its filed list of directors and trustees shows 1 name.

In its own words

To establish a trust fund and keep invested for bishop's university in lennoxville quebec and to use the whole or such part of the income thereafter in perpetuity to provide bursaries or scholarships to students who are canadian citizen in amounts and terms to be established by bishop's university.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$101K$110K$78K$1.6M
2023$82K$82K$50K$1.6M
2022$99K$88K$55K$1.6M
2021$91K$96K$64K$1.6M
2020$78K$81K$50K$1.6M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, May 17, 2024

Held at year end$1.6M$1,594,828 in total assets
Given away$78Kto 1 charity
That is4.9%of what it holds
Where the money came from
  • Investment income$75,654
  • Other income$2,483

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 $78K to 1 qualified donee:

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Royal Trust Corporation (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from Estate of the Late Sidney Milton Medine’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 826769747RR0001), or read how we compute the receipt.