Friends of Principia in Canadatrust C/o National Trust Compa
Charitable organization · Toronto, Ontario · BN 118932755RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($119,183) as filed with the CRA.
Friends of Principia in Canadatrust C/o National Trust Compa is a charitable organization based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $233K in revenue and $119K in expenditures.
In 2024, 1 other registered charity reported granting it a combined $576.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 52% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 1 qualified donee totalling $100K in 2024, the largest being $100K to Principia College Re:section 3503 Schedule V111. Revenue has grown substantially over its filings on record here, from $104K in 2020 to $233K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
Educational-scholarships to attend principia college in usa.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $233K | $119K | — | — | $100K | $2.6M |
| 2023 | $227K | $122K | — | — | $104K | $2.4M |
| 2022 | $195K | $219K | — | — | $200K | $2.2M |
| 2021 | $110K | $94K | — | — | $76K | $2.6M |
| 2020 | $104K | $83K | — | — | $67K | $2.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $100K to 1 qualified donee:
- Principia College Re:section 3503 Schedule V111$100K
Received $576 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bank of Nova Scotia Trust CO (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Friends of Principia in Canadatrust C/o National Trust Compa’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118932755RR0001), or read how we compute the receipt.