The J. and B. Carroll Family Foundation
Private foundation · Toronto, Ontario · BN 863973012RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($52,110) as filed with the CRA.
The J. and B. Carroll Family 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 $124K in revenue and $52K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 42% 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 4 qualified donees totalling $43K in 2024, the largest being $30K to North York General Hospital. Its filed list of directors and trustees shows 4 names.
In its own words
We make gifts to qualified donees in the following areas: -Healthcare including medical research and healthcare services
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $124K | $52K | — | — | $43K | $1.5M |
| 2023 | $48K | $32K | — | — | $27K | $1.3M |
| 2022 | $40K | $50K | $8,099 | — | $42K | $1.2M |
| 2021 | $45K | $46K | $9,855 | — | $36K | $1.4M |
| 2020 | -$7,371 | $23K | $5,465 | — | $18K | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$55,344
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 $43K to 4 qualified donees:
- North York General Hospital$30K
- St. Michaels Hospital$11K
- Trails Youth Initiatives Inc.$1,000
- Daily Bread Food Bank$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Barbara Carroll (director); Susan Whitehurst (director); Jennifer Lowden (director); Thomas Lowden (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The J. and B. Carroll Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 863973012RR0001), or read how we compute the receipt.