Olympia's Gift Scholarship Fund
Private foundation · Toronto, Ontario · BN 774486732RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($10,000) as filed with the CRA.
Olympia's Gift Scholarship Fund is a private foundation based in Toronto, Ontario, classified by the CRA under support of schools and education.
In 2024, 1 other registered charity reported granting it a combined $18K.
Compared with 441 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 59% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Its filed list of directors and trustees shows 1 name.
In its own words
Olympia’s gift scholarship fund is dedicated to supporting the education and career development of students of african descent enrolled in post-secondary business or entrepreneurship programs. The charity provides scholarships and bursaries to assist with the cost of tuition and related expenditures. Awards are given on the basis of merit and/or financial need
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | — | $10K | — | — | $10K | $4.2M |
| 2023 | — | — | $7,500 | — | — | $35K |
| 2022 | — | — | — | — | — | $501 |
| 2021 | $473 | $5,000 | — | — | — | — |
| 2020 | $4,637 | $56 | — | — | — | $4,519 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- From other charities$17,500
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
Received $18K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Olusegun Oduwole (chair).
As listed on its 2024 return.
Check the source
Every figure on this page is from Olympia's Gift Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 774486732RR0001), or read how we compute the receipt.