Charity BreakdownCanadian charity filings, itemized

Patrick J McNally Charitable Foundation

Private foundation · Freelton, Ontario · BN 841799984RR0001 · Foundations

Every $100 spentPatrick J McNally Charitable FoundationFiscal year ended December 31, 2024
Gifts to other charities$95
Charitable programs$5
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,628,663) as filed with the CRA.

Patrick J McNally Charitable Foundation is a private foundation based in Freelton, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $3.8M in revenue and $3.6M in expenditures.

Its funding that year was roughly 5% from donations.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.

As a grantmaker, it reported gifts to 18 qualified donees totalling $3.4M in 2024, the largest being $750K to Royal Botanical Gardens. Revenue has grown substantially over its filings on record here, from $2.2M in 2020 to $3.8M in 2024. Its filed list of directors and trustees shows 5 names.

In its own words

Donations to various organizations to help achieve their goal and be in line with the foundation's objectives of selecting qualified donees to give donation(s) to.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$3.8M$3.6M$180K$3.4M$62.7M
2023$4.9M$2.8M$162K$2.6M$56.2M
2022$4.3M$1.6M$163K$1.4M$52.9M
2021$2.7M$1.8M$139K$1.6M$51.2M
2020$2.2M$1.2M$125K$1.1M$39.6M

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$62.7M$62,679,031 in total assets
Given away$3.4Mto 18 charities
That is5.5%of what it holds
Where the money came from
  • Investment income$2,276,504
  • Receipted donations$201,336

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)

Elizabeth McNally (director); Graham McNally (director); Gregory McNally (director); John McNally (chairman); Michael McNally (secretary).

As listed on its 2024 return.

Check the source

Every figure on this page is from Patrick J McNally Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 841799984RR0001), or read how we compute the receipt.