Northmount School for Boys Foundation
Charitable organization · North York, Ontario · BN 719628885RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($421,902) as filed with the CRA.
Northmount School for Boys Foundation is a charitable organization based in North York, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending August 31, 2024, it reported $596K in revenue and $422K in expenditures.
Its funding that year was roughly 12% from other charities. In 2024, 6 other registered charities reported granting it a combined $136K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers.
It reported gifts to 1 qualified donee totalling $64K in 2024, the largest being $64K to Northmount School for Boys Foundation. Revenue has declined over its filings on record here, from $1.4M in 2020 to $596K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To promote the efficiency and effectiveness of the northmount school for boys' charitable programs by providing and maintaining facilities for this purpose and by making grants to the northmount school for boys from time to time.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $596K | $422K | $347K | — | $64K | $2M |
| 2023 | $620K | $400K | $387K | — | $2,500 | $1.8M |
| 2022 | $605K | $431K | $413K | $4,271 | — | $1.6M |
| 2021 | $706K | $430K | $415K | $4,854 | — | $1.4M |
| 2020 | $1.4M | $315K | $256K | $49K | — | $1.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $64K to 1 qualified donee:
Received $136K from 6 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Keith McLean (director); Daniel Stronach (director); Michael Duffy (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Northmount School for Boys Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 719628885RR0001), or read how we compute the receipt.