The Katie Macdonald Foundation for a Better World
Private foundation · Toronto, Ontario · BN 790641609RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($2,415) as filed with the CRA.
The Katie Macdonald Foundation for a Better World is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $38K in revenue and $2,415 in expenditures.
Its funding that year was roughly 25% from donations, 31% from other charities. In 2024, 2 other registered charities reported granting it a combined $7,045.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 0% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has declined over its filings on record here, from $193K in 2022 to $38K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The Foundation in collaboration with Montcrest School is in the process of developing Katie's Corner a curated collection of books focused on sharing stories and/or personal experiences that enlighten children of all ages about the diversity that exists in this world the subsequent equity challenges faced and the need to create a more inclusive world where everybody feels they belong. We believe that educating children who represent our future with engaging books featuring diversity equity and inclusiveness will help contribute to a more compassionate world. We chose to defer gifts to su…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $38K | $2,415 | $0 | $0 | $0 | $312K |
| 2023 | $102K | $4,290 | — | — | $2,300 | $277K |
| 2022 | $193K | $15K | — | — | — | $179K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $7,045 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alex Macdonald (chair); Angela Lam (director); Charles Macdonald (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Katie Macdonald Foundation for a Better World’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 790641609RR0001), or read how we compute the receipt.