Charity BreakdownCanadian charity filings, itemized

Nick & Lynn Ross Charitable Foundation

Private foundation · Toronto, Ontario · BN 869053512RR0001 · Foundations

Every $100 spentNick & Lynn Ross Charitable FoundationFiscal year ended November 30, 2024
Gifts to other charities$59
Other$41
TOTAL$100
Registered

Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($88,205) as filed with the CRA.

Nick & Lynn Ross Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $405K in revenue and $88K in expenditures.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers.

As a grantmaker, it reported gifts to 64 qualified donees totalling $52K in 2024, the largest being $4,000 to Gilda's Club Greater Toronto. Its filed list of directors and trustees shows 6 names.

In its own words

Receives donations and funds registered canadian charities

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$405K$88K$52K$2.1M
2023$518K$84K$49K$1.8M
2022$129K$73K$43K$1.4M
2020$426K$46K$31K$1.2M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, November 30, 2024

Held at year end$2.1M$2,127,376 in total assets
Given away$52Kto 64 charities
That is2.5%of what it holds
Where the money came from
  • Other income$331,149
  • Investment income$52,141

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

J. Nicholas Ross (pres chairman director); Lynn Ross (secretart director); Cameron Ross (vice-president director); Nancy Ross (vice president); Timothy Ross (vice-president); Shirley Walmsley (ass. sec ass treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from Nick & Lynn Ross Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 869053512RR0001), or read how we compute the receipt.