Charity BreakdownCanadian charity filings, itemized

Read to Me! Foundation Inc.

Public foundation · Halifax, Nova Scotia · BN 882820210RR0001 · Support of Schools and Education

Your $100, itemizedRead to Me! Foundation Inc.Fiscal year ended December 31, 2024
Gifts to other charities$96
Management & admin$4
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($418,482) as filed with the CRA.

Read to Me! Foundation Inc. is a public foundation based in Halifax, Nova Scotia, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $616K in revenue and $418K in expenditures.

Its funding that year was roughly 5% from other charities. In 2024, 2 other registered charities reported granting it a combined $31K.

Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.

As a grantmaker, it reported gifts to 1 qualified donee totalling $402K in 2024, the largest being $402K to Grace Health Centre for Children Women and Families. Its filed list of directors and trustees shows 6 names.

In its own words

Promoting literacy in the Province of Nova Scotia through funding of the Read To Me Nova Scotia Literacy Program.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$616K$418K$402K$10.3M
2023$543K$421K$411K$9.3M
2022$507K$403K$388K$9.5M
2021$488K$338K$320K$10.5M
2020$605K$272K$255K$8.9M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Public foundation — endowment and payout, December 31, 2024

Held at year end$10.3M$10,296,527 in total assets
Given away$402Kto 1 charity
That is3.9%of what it holds
Where the money came from
  • Investment income$474,100
  • From other charities$31,000
  • Other gifts$338

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 $402K to 1 qualified donee:

Received $31K from 2 charities:

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

Directors & trustees (2024)

Rita Macaulay (director); Sonya Horsburgh (director); Jill Piers (director); Anne Yuill (chair/director); John Carter (president/director); Gregory Crosby (secretary-treasurer/director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Read to Me! Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 882820210RR0001), or read how we compute the receipt.