Charity BreakdownCanadian charity filings, itemized

Pace Family Foundation

Private foundation · Toronto, Ontario · BN 827232414RR0001 · Foundations

Every $100 spentPace Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$76
Charitable programs$23
Management & admin$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($410,286) as filed with the CRA.

Pace Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $681K in revenue and $410K in expenditures.

Its funding that year was roughly 101% from donations. In 2024, 2 other registered charities reported granting it a combined $15K.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 82% of peers.

Revenue has grown substantially over its filings on record here, from $85K in 2020 to $681K in 2024. Its filed list of directors and trustees shows 4 names.

In its own words

Donation to qualified donees and provide relief effort overseas through reputable agents.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$681K$410K$95K$311K$608K
2023$687K$568K$142K$421K$337K
2022$481K$634K$290K$341K$317K
2021$441K$373K$322K$46K$373K
2020$85K$198K$32K$164K$305K

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$611K$611,170 in total assets
Given away$311Kin gifts to qualified donees
That is50.9%of what it holds
Where the money came from
  • Receipted donations$686,821
  • Investment income$3,048
  • Other income$1,046

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 (2023)

Albert Pace (trustee); Kristin Morch (trustee); Julia Kidd (trustee); Michael Scrimshaw (trustee).

As listed on its 2023 return.

Check the source

Every figure on this page is from Pace Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827232414RR0001), or read how we compute the receipt.