Charity BreakdownCanadian charity filings, itemized

R H McRae Family Charitable Foundation

Private foundation · Gloucester, Ontario · BN 892870585RR0001 · Foundations

Every $100 spentR H McRae Family Charitable FoundationFiscal year ended December 31, 2024
Gifts to other charities$100
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($7,200) as filed with the CRA.

R H McRae Family Charitable Foundation is a private foundation based in Gloucester, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $4,505 in revenue and $7,200 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers.

As a grantmaker, it reported gifts to 8 qualified donees totalling $7,200 in 2024, the largest being $2,000 to Bishop's University Foundation. Its filed list of directors and trustees shows 4 names.

In its own words

The Foundation funds other registered charities and qualified donees operating primarily in the areas of education health and community development.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$4,505$7,200$0$0$7,200$82K
2023$4,380$6,000$0$0$6,000$73K
2022$13K$7,900$7,900$74K
2021$4,431$3,500$3,500$4,431
2020$0$3,100$0$3,100$67K

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$82K$82,186 in total assets
Given away$7,200to 8 charities
That is8.8%of what it holds
Where the money came from
  • Investment income$4,505

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)

Karen McRae (trustee); Malcolm McRae (trustee); Catherine McLean (trustee); Bruce McRae (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from R H McRae Family Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892870585RR0001), or read how we compute the receipt.