The Knightsgrange Foundation
Private foundation · Toronto, Ontario · BN 823998406RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($414,606) as filed with the CRA.
The Knightsgrange Foundation 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 $78K in revenue and $415K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 7% from donations.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 60% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $396K in 2024, the largest being $218K to The Grenadines Initiative. Its filed list of directors and trustees shows 2 names.
In its own words
The organization is intended to operate as a private charitable foundation whose purpose is primarily to make donations to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $78K | $415K | — | — | $396K | $31K |
| 2023 | $156K | $279K | — | — | $260K | $368K |
| 2022 | $136K | $382K | — | — | $378K | $490K |
| 2021 | $157K | $747K | — | — | $742K | $736K |
| 2020 | -$17K | $352K | — | — | $350K | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$72,027
- Receipted donations$5,555
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 $396K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Anne Clark (director); John Clark (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Knightsgrange Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 823998406RR0001), or read how we compute the receipt.