Charity BreakdownCanadian charity filings, itemized

RAP Foundation

Private foundation · Oakville, Ontario · BN 832601645RR0001 · Foundations

Every $100 spentRAP FoundationFiscal year ended December 31, 2024
Gifts to other charities$75
Management & admin$25
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($13,248) as filed with the CRA.

RAP Foundation is a private foundation based in Oakville, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $44K in revenue and $13K in expenditures.

Its funding that year was roughly 100% from donations.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 27% of peers.

As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2024, the largest being $10K to The Bruce Trail Conservancy. Revenue has grown substantially over its filings on record here, from $2,656 in 2020 to $44K in 2024. Its filed list of directors and trustees shows 2 names.

In its own words

The objective of rap foundation is to make gifts to qualified donees

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$44K$13K$10K$31K
2023$2,543$3,243$700$31
2022$2,543$29K$26K$731
2021$57K$73K$71K$27K
2020$2,656$15K$13K$43K

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$31K$30,782 in total assets
Given away$10Kto 1 charity
That is32.5%of what it holds
Where the money came from
  • Receipted donations$43,999

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 $10K to 1 qualified donee:

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

Directors & trustees (2024)

Allison Elliott (chair); Ian Mackenzie (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from RAP Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 832601645RR0001), or read how we compute the receipt.