Meaningful Work Foundation
Private foundation · Oakville, Ontario · BN 767780711RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($6,950) as filed with the CRA.
Meaningful Work Foundation is a private foundation based in Oakville, Ontario, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $23K in revenue and $6,950 in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% 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 2 qualified donees totalling $6,950 in 2024, the largest being $4,500 to Toronto Youth for Christ. Revenue has grown substantially over its filings on record here, from $15K in 2020 to $23K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The purpose of the Foundation is to maintain a fund and make donations to charitable organizations that are also registered charities. Donations are made to charities that promote meaningful work. In the fiscal year ended July 31 2024 we have distributed funds to a variety of charitable organizations that meet this criteria.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $23K | $6,950 | — | — | $6,950 | $1.5M |
| 2023 | — | $442K | — | — | $442K | $1.5M |
| 2022 | $1.9M | — | — | — | — | — |
| 2021 | $200K | $104K | — | — | $104K | $101K |
| 2020 | $15K | $40K | $0 | — | $40K | $5,770 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, July 31, 2024
- Investment income$23,435
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 $6,950 to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Timothy Masson (director); Kathryn Masson (director); Karen Mann (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Meaningful Work Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 767780711RR0001), or read how we compute the receipt.