Charity BreakdownCanadian charity filings, itemized

Northup / Lawson Memorial Trust Fund

Private foundation · Toronto, Ontario · BN 858855547RR0001 · Education in the Arts

Every $100 spentNorthup / Lawson Memorial Trust FundFiscal year ended December 31, 2024
Gifts to other charities$56
Management & admin$44
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($23,231) as filed with the CRA.

Northup / Lawson Memorial Trust Fund is a private foundation based in Toronto, Ontario, classified by the CRA under education in the arts. In its fiscal year ending December 31, 2024, it reported $46K in revenue and $23K in expenditures.

Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 17% 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 1 qualified donee totalling $13K in 2024, the largest being $13K to University of Toronto Schools. Revenue has grown substantially over its filings on record here, from $23K in 2020 to $46K in 2024. Its filed list of directors and trustees shows 2 names.

In its own words

To pay the net income therefrom to gifted students in the arts literature and/or music in furtherance of their studies in the arts literature or music.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$46K$23K$13K$549K
2023$41K$22K$13K$515K
2022$42K$21K$11K$458K
2021$43K$17K$9,000$530K
2020$23K$14K$9,000$483K

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

Private foundation — endowment and payout, December 31, 2024

Held at year end$549K$549,034 in total assets
Given away$13Kto 1 charity
That is2.4%of what it holds
Where the money came from
  • Investment income$45,375
  • Other income$745

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 $13K to 1 qualified donee:

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

Directors & trustees (2024)

Bank of Nova Scotia Trust CO (trustee); Susan Stevenson (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from Northup / Lawson Memorial Trust Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 858855547RR0001), or read how we compute the receipt.