The Maccallum S Grant Charitable Foundation
Private foundation · Toronto, Ontario · BN 119243475RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($441,750) as filed with the CRA.
The Maccallum S Grant Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $431K in revenue and $442K 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 29% 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 1 qualified donee totalling $307K in 2024, the largest being $307K to Dalhousie University. Revenue has grown substantially over its filings on record here, from $216K in 2020 to $431K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The fund has been set up to pay bursaries to qualifying indviduals as recommended by dalhousie university. Failing a qualifying individual as per trust document restrictions dalhousie university can select other individuals or failing that the income will default to secondary institutions including: acadia university st. Mary's univeristy university of king's college st. Francis zavier university and mount alison university
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $431K | $442K | — | — | $307K | $9.4M |
| 2023 | $6.6M | $227K | — | — | $161K | $9.5M |
| 2022 | $146K | $181K | — | — | $127K | $3.3M |
| 2021 | $242K | $177K | — | — | $120K | $3.3M |
| 2020 | $216K | $157K | — | — | $112K | $3.2M |
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$401,716
- Other income$24,115
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 $307K to 1 qualified donee:
- Dalhousie University$307K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Rachel Rae (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Maccallum S Grant Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119243475RR0001), or read how we compute the receipt.