Monks Family Charitable Trust
Private foundation · Thornbury, Ontario · BN 827961772RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($13,022) as filed with the CRA.
Monks Family Charitable Trust is a private foundation based in Thornbury, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $162K in revenue and $13K in expenditures.
Its funding that year was roughly 61% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 39% 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 4 qualified donees totalling $11K in 2024, the largest being $8,000 to Events for Life Centre Inc.. Its filed list of directors and trustees shows 6 names.
In its own words
Receiving and managing funds for the exclusive purpose of making gifts to charities registered under the Canada Income Tax Act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $162K | $13K | — | — | $11K | $457K |
| 2023 | $42K | $13K | — | — | $11K | $309K |
| 2022 | -$64K | $6,213 | — | — | $4,128 | $281K |
| 2021 | $23K | $7,272 | — | — | $5,000 | $351K |
| 2020 | $117K | $6,946 | — | — | $4,200 | $335K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $11K to 4 qualified donees:
- Events for Life Centre Inc.$8,000
- Meaford Hospital Foundation$1,528
- Movember Canada$508
- CDKL5$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
James Monks (trustee); Karen Monks (trustee); Sarah Bizzarro (trustee); Colleen Harasymchuk (trustee); Emily Monks (trustee); Thomas Monks (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Monks Family Charitable Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827961772RR0001), or read how we compute the receipt.