Michael H. Lawee Charitable Trust
Private foundation · Mississauga, Ontario · BN 854734837RR0001 · Foundations
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($41,554) as filed with the CRA.
Michael H. Lawee Charitable Trust is a private foundation based in Mississauga, Ontario, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $33K in revenue and $42K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 15% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $25K in 2024, the largest being $13K to The Governing Council of the University of Toronto. Its filed list of directors and trustees shows 1 name.
In its own words
As per the terms of the Will the net income will be used to provide scholarships to high school graduates in the City of Toronto who pursue post secondary education in the field of mathematics science and/or technical subjects at the university or college level. If qualifying candidates are not available any remaining income will be used for charitable or educational purposes as the trustee determines
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $33K | $42K | — | — | $25K | $563K |
| 2023 | $40K | $41K | — | — | $24K | $572K |
| 2022 | $32K | $33K | — | — | $15K | $573K |
| 2021 | $39K | $52K | — | — | $35K | $573K |
| 2020 | $29K | $42K | — | — | $24K | $587K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, February 28, 2024
- Investment income$24,000
- Other income$1,344
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 $25K to 2 qualified donees:
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 Michael H. Lawee Charitable Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 854734837RR0001), or read how we compute the receipt.