John Clarence Inman Memorial Bursary
Private foundation · Toronto, Ontario · BN 871852661RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,399) as filed with the CRA.
John Clarence Inman Memorial Bursary 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 $3,491 in revenue and $4,399 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 12% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $1,800 in 2024, the largest being $1,800 to Thames Valley Education Foundation. Its filed list of directors and trustees shows 1 name.
In its own words
The total net annual income shall be divided into three equal parts and each part shall be a bursary and shall be given to a student (boy or girl) who has a need of financial assistance to attend university and who is a graduate of a high school in the town of tillsonburg and has been accepted and registered at a degree granting canadian university.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3,491 | $4,399 | — | — | $1,800 | $92K |
| 2023 | $2,713 | $4,399 | — | — | $1,800 | $93K |
| 2022 | $4,669 | $4,399 | — | — | $1,800 | $94K |
| 2021 | $3,852 | $4,342 | $1,800 | — | — | $94K |
| 2020 | $3,507 | $4,342 | $1,800 | — | — | $95K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1,800 to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Canada Trust (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from John Clarence Inman Memorial Bursary’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 871852661RR0001), or read how we compute the receipt.