The Glen Nevis Foundation
Private foundation · Toronto, Ontario · BN 841564842RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,022,640) as filed with the CRA.
The Glen Nevis Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $3.4M in revenue and $1M in expenditures.
Its funding that year was roughly 8% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 82% 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 10 qualified donees totalling $1M in 2024, the largest being $500K to YMCA. Its filed list of directors and trustees shows 4 names.
In its own words
The foundation makes donations form time to time to donees whose charitable purpose includes advancement of education and religion the relief of poverty and other purposes beneficial to the community as approved by the board.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.4M | $1M | — | — | $1M | $30.4M |
| 2023 | $1.4M | $889K | — | — | $879K | $28.1M |
| 2022 | $5.9M | $1.1M | — | — | $1.1M | $27.5M |
| 2021 | $2.1M | $856K | — | — | $851K | $22.8M |
| 2020 | $2.3M | $773K | — | — | $767K | $22.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1M to 10 qualified donees:
- YMCA$500K
- The Royal Conservatory of Music$246K
- Big Brothers Big Sisters$190K
- True Patriot Love Foundation$25K
- YMCA of Greater Toronto$13K
- Harvest Outreach International Inc.$10K
- The University of Western Ontario$10K
- The Neuchatel Junior College Fund$7,500
- Museum of Toronto History$1,000
- The Hospital for Sick Children Foundation$600
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Stephen McDonald (director); Ronald Bresler (director); Jenifer McDonald (director); Margaret McDonald (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Glen Nevis Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 841564842RR0001), or read how we compute the receipt.