The Joan and Bruce Philip Foundation
Private foundation · Toronto, Ontario · BN 119310167RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($17,034) as filed with the CRA.
The Joan and Bruce Philip 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 $9,533 in revenue and $17K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers.
As a grantmaker, it reported gifts to 22 qualified donees totalling $14K in 2024, the largest being $2,000 to Scott Mission. Revenue has grown substantially over its filings on record here, from $5,383 in 2020 to $9,533 in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Donations to local charities & medical research organizations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9,533 | $17K | — | — | $14K | $86K |
| 2023 | $10K | $16K | — | — | $14K | $94K |
| 2022 | $7,231 | $19K | — | — | $16K | $100K |
| 2021 | $17K | $16K | — | — | $13K | $112K |
| 2020 | $5,383 | $18K | — | — | $15K | $110K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $14K to 22 qualified donees:
- Scott Mission$2,000
- United Way of Greater Toronto$1,600
- Second Harvest Canada$1,500
- The Governing Council of the Salvation Army in Canada$1,500
- Daily Bread Food Bank$1,500
- Community Centre 55$750
- Fred Victor Centre$600
- The Yonge Street Mission$500
- The Canadian Red Cross Society$500
- Haven on the Queensway$400
- The War Amputations of Canada$400
- North York Harvest Food Bank$350
- Stratford Shakespearean Festival of Canada$350
- Women's College Hospital Foundation$350
- Covenant House Toronto$350
- Toronto Symphony$350
- UHN Foundation$300
- The Princess Margaret Cancer Foundation$300
- Arthritis Society Canada$250
- Alzheimer Society$250
- The Ontario Educational Communications Authority$150
- Minstrel Foundation$100
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bruce Philip (director); Joan Philip (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Joan and Bruce Philip Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119310167RR0001), or read how we compute the receipt.