Residual Trust Under the Will of Frederick R Mackelcan
Private foundation · Toronto, Ontario · BN 139275499RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($13,384) as filed with the CRA.
Residual Trust Under the Will of Frederick R Mackelcan is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $22K in revenue and $13K in expenditures.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 29% 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 2 qualified donees totalling $10K in 2024, the largest being $5,057 to The Toronto Mendelssohn Choir Foundation. Revenue has grown substantially over its filings on record here, from $14K in 2020 to $22K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To provide financial assistance to the toronto symphony foundation and the toronto mendelssohn choir foundation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $22K | $13K | — | — | $10K | $318K |
| 2023 | $20K | $15K | — | — | $11K | $301K |
| 2022 | $22K | $14K | — | — | $11K | $277K |
| 2021 | $23K | $14K | — | — | $10K | $321K |
| 2020 | $14K | $13K | — | — | $9,846 | $304K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $10K to 2 qualified donees:
- The Toronto Mendelssohn Choir Foundation$5,057
- The Toronto Symphony$5,057
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bank of Nova Scotia Trust Co. (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Residual Trust Under the Will of Frederick R Mackelcan’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 139275499RR0001), or read how we compute the receipt.