The Margaret Anderson Foundation
Private foundation · Mississauga, Ontario · BN 853412682RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($364,920) as filed with the CRA.
The Margaret Anderson Foundation is a private foundation based in Mississauga, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending May 31, 2024, it reported $99K in revenue and $365K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 98% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $350K in 2024, the largest being $350K to The Confederation College of Applied Arts and Technology. Revenue has declined over its filings on record here, from $193K in 2020 to $99K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation provides educational assistance for future job training to aboriginal peoples of northern ontario.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $99K | $365K | $365K | — | $350K | $3M |
| 2023 | — | $27K | $20K | — | — | $3.3M |
| 2022 | $3.3M | $72K | $57K | — | — | $3.3M |
| 2021 | $110K | $108K | $93K | — | — | $63K |
| 2020 | $193K | $188K | $157K | — | — | $61K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, May 31, 2024
- Investment income$98,892
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 $350K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Garvey (director); Stephen Wojciechowski (director); Joseph Willis (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Margaret Anderson Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 853412682RR0001), or read how we compute the receipt.