Lee & Gladys Payne Charitable Trust #13244550
Private foundation · Toronto, Ontario · BN 871851796RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($16,651) as filed with the CRA.
Lee & Gladys Payne Charitable Trust #13244550 is a private foundation based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $15K in revenue and $17K 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 14% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $8,142 in 2024, the largest being $2,714 to Victorian Order of Nurses. Its filed list of directors and trustees shows 1 name.
In its own words
To distribute income to the following charities: 1- canadian national institute for the blind 2- gloucester county branch - bathurst association for community living and 3- the victorian order of nurses bathurst nb branch
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $15K | $17K | — | — | $8,141 | $309K |
| 2023 | $13K | $16K | — | — | $7,542 | $310K |
| 2022 | $29K | $12K | — | — | $3,415 | $312K |
| 2021 | $13K | $13K | — | — | $4,637 | $296K |
| 2020 | $15K | $13K | — | — | $4,915 | $296K |
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$9,813
- Other income$673
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 $8,142 to 3 qualified donees:
- Victorian Order of Nurses$2,714
- The Canadian National Institute For The Blind$2,714
- Inclusion New Brunswick Inc. / Inclusion Nouveau-Brunswick Inc.$2,714
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 Lee & Gladys Payne Charitable Trust #13244550’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 871851796RR0001), or read how we compute the receipt.