James Wallace McCutcheon Foundation
Private foundation · Toronto, Ontario · BN 118972801RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($187,024) as filed with the CRA.
James Wallace McCutcheon Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $155K in revenue and $187K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 11% from donations. In 2024, 1 other registered charity reported granting it a combined $5,000.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 27% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $137K in 2024, the largest being $137K to UHN Foundation. Revenue has grown substantially over its filings on record here, from $55K in 2020 to $155K in 2024. Its filed list of directors and trustees shows 5 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $155K | $187K | — | — | $137K | $2.6M |
| 2023 | $147K | $131K | — | — | $85K | $2.1M |
| 2022 | $60K | $173K | — | — | $109K | $1.9M |
| 2021 | $138K | $137K | — | — | $92K | $2.2M |
| 2020 | $55K | $169K | — | — | $105K | $1.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $137K to 1 qualified donee:
- UHN Foundation$137K
Received $5,000 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Brenda McCutcheon (chairman & president); Murray McCutcheon (director); James McCutcheon (director); Frederick McCuitcheon (director); Douglas McCutcheon (director & treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from James Wallace McCutcheon Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118972801RR0001), or read how we compute the receipt.