Frederick a & Abbie Lane Charity Fund
Private foundation · Toronto, Ontario · BN 899305817RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($28,998) as filed with the CRA.
Frederick a & Abbie Lane Charity Fund is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $50K in revenue and $29K in expenditures.
Compared with 3,025 grantmaking 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 7 qualified donees totalling $23K in 2024, the largest being $6,932 to The Dalhousie Medical Research Foundation. Revenue has grown substantially over its filings on record here, from $17K in 2020 to $50K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
This trust is to be held in perpetuity and the income is to be paid annually as follows: 30% to dalhousie university for the purpose of the medical faculty; 70% to be divided in equal shares and paid to the nova scotia division of the following: the canadian red cross; canadian cancer society; the heart fund; canadian mental health association; salvation army; an atlantic school of theology.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $50K | $29K | — | — | $23K | $588K |
| 2023 | $25K | $30K | — | — | $24K | $567K |
| 2022 | $23K | $31K | — | — | $25K | $565K |
| 2021 | $53K | $26K | — | — | $17K | $577K |
| 2020 | $17K | $21K | — | — | $15K | $561K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$19,150
- Other income$443
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 $23K to 7 qualified donees:
- The Dalhousie Medical Research Foundation$6,932
- The Governing Council of the Salvation Army in Canada$2,695
- The Canadian Red Cross Society$2,695
- Heart and Stroke Foundation of Nova Scotia$2,695
- Canadian Mental Health Association Nova Scotia Division$2,695
- Canadian Cancer Society$2,695
- Atlantic School of Theology$2,695
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 Frederick a & Abbie Lane Charity Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899305817RR0001), or read how we compute the receipt.