The Albert and Anne Francis Scholarship Trust Fund
Private foundation · Toronto, Ontario · BN 814840229RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($43,404) as filed with the CRA.
The Albert and Anne Francis Scholarship Trust Fund 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 $76K in revenue and $43K 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 32% 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 $34K in 2024, the largest being $19K to Queen's University at Kingston. Revenue has grown substantially over its filings on record here, from $44K in 2020 to $76K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
Scholarships to the nursing department of queens university and st. Lawrence college
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $76K | $43K | — | — | $34K | $1.1M |
| 2023 | $67K | $44K | — | — | $35K | $993K |
| 2022 | $73K | $45K | — | — | $36K | $900K |
| 2021 | $67K | $76K | — | — | $68K | $1.1M |
| 2020 | $44K | $8,013 | — | — | — | $1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $34K to 2 qualified donees:
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 The Albert and Anne Francis Scholarship Trust Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 814840229RR0001), or read how we compute the receipt.