Newton Foundation/ Fondation Newton
Private foundation · Westmount, Quebec · BN 867513335RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($1,285,032) as filed with the CRA.
Newton Foundation/ Fondation Newton is a private foundation based in Westmount, Quebec, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $2.9M in revenue and $1.3M in expenditures.
Its funding that year was roughly 15% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 71% of peers.
As a grantmaker, it reported gifts to 19 qualified donees totalling $1.2M in 2024, the largest being $300K to Code Life. Revenue has grown substantially over its filings on record here, from $993K in 2020 to $2.9M in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The purpose of the charity is to collect funds by way of donations contributions and to conduct solicitations of funds privately as well as publicly and to utilize the funds thus raised or collected for the purposes of the advancement of education and knowledge and the alleviation of human suffering by disbursing the funds thus raised to qualified donees as that term is defined in the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $1.3M | $62K | — | $1.2M | $6M |
| 2023 | $624K | $1.5M | $109K | — | $1.3M | $4.4M |
| 2022 | $1.2M | $632K | $70K | — | $496K | $5.3M |
| 2021 | $334K | $1.2M | $23K | — | $1.1M | $4.8M |
| 2020 | $993K | $466K | $34K | — | $377K | $5.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.2M to 19 qualified donees:
- Code Life$300K
- University of Toronto$255K
- Musique aux Enfants$200K
- McGill University$100K
- University of Toronto$100K
- Musique aux Enfants$50K
- O.s.m.$40K
- L.o.v.e$25K
- L.o.v.e$25K
- L.o.v.e$25K
- L.o.v.e$15K
- Centraide of Grand Montreal$10K
- Q.e.h.c. Foundation$2,500
- Peace Network for Social Harmony$2,000
- Les Grands Ballets Canadiens$1,000
- Q.e.h.c. Foundation$500
- Chez Doris$500
- McCord Museum Foundation$500
- Ventsdespoir.org$300
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Richard Ingram (president & secretary); Satoko Ingram (vice-president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Newton Foundation/ Fondation Newton’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 867513335RR0001), or read how we compute the receipt.