Janet and Margreta Snell Scholarship Fund
Private foundation · Toronto, Ontario · BN 118972876RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($21,616) as filed with the CRA.
Janet and Margreta Snell Scholarship Fund is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $39K in revenue and $22K in expenditures.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 28% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 3 qualified donees totalling $16K in 2024, the largest being $5,400 to Simcoe County District School Board (scdsb). Revenue has grown substantially over its filings on record here, from $26K in 2020 to $39K in 2024. Its filed list of directors and trustees shows 1 name.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $39K | $22K | — | — | $16K | $632K |
| 2023 | $35K | $24K | — | — | $19K | $595K |
| 2022 | $33K | $19K | — | — | $14K | $552K |
| 2021 | $41K | $18K | — | — | $13K | $628K |
| 2020 | $26K | $18K | — | — | $13K | $599K |
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$39,773
- Other income$430
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 $16K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Scotiatrust (trustees).
As listed on its 2024 return.
Check the source
Every figure on this page is from Janet and Margreta Snell Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118972876RR0001), or read how we compute the receipt.