The Lockwood Foundation
Private foundation · Toronto, Ontario · BN 119242642RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($592,746) as filed with the CRA.
The Lockwood 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 $588K in revenue and $593K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 64% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $528K in 2024, the largest being $500K to Bluewater Health Foundation. Revenue has grown substantially over its filings on record here, from $139K in 2020 to $588K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
To provide financial assistance to charities in ontario and educational and religious instituions in canada
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $588K | $593K | $2,454 | — | $528K | $7.7M |
| 2023 | $665K | $601K | — | — | $538K | $7.4M |
| 2022 | $408K | $82K | — | — | $22K | $7.3M |
| 2021 | $249K | $79K | — | — | $22K | $7.7M |
| 2020 | $139K | $99K | — | — | $47K | $6.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $528K to 3 qualified donees:
- Bluewater Health Foundation$500K
- The Corporation of the Village of Westport$18K
- Tim Horton Children's Foundation Inc.$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ryan Doyle (president); Matthew Bird (treasurer); Alex Doyle (vice president); Nathan Doyle (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Lockwood Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119242642RR0001), or read how we compute the receipt.