Charity BreakdownCanadian charity filings, itemized

The Margaret Ann and Donald S McGiverin Foundation

Private foundation · Oakville, Ontario · BN 891002594RR0001 · Foundations

Every $100 spentThe Margaret Ann and Donald S McGiverin FoundationFiscal year ended September 6, 2022
Gifts to other charities$98
Management & admin$2
TOTAL$100
Registered

Source: T3010 return, FPE 2022-09-06. Split of total expenditures ($307,025) as filed with the CRA.

The Margaret Ann and Donald S McGiverin Foundation is a private foundation based in Oakville, Ontario, classified by the CRA under foundations. In its fiscal year ending September 6, 2022, it reported $141K in revenue and $307K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 2,460 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% of peers.

As a grantmaker, it reported gifts to 27 qualified donees totalling $300K in 2022, the largest being $32K to Women's Hostels Incorporated. Revenue has grown substantially over its filings on record here, from $16K in 2020 to $141K in 2022. Its filed list of directors and trustees shows 2 names.

In its own words

The funding of registered charities as defined under subsection 248(1) of the income tax act canada.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202022

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2022$141K$307K$300K$0
2021$196K$264K$251K$166K
2020$16K$145K$47K$98K$234K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, September 6, 2022

Held at year end$6,607$6,607 in total assets
Given away$300Kto 27 charities
That is4540.6%of what it holds
Where the money came from
  • Investment income$796

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, 2022

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2022)

Mary Daniher (trustee); Roy Collins (trustee).

As listed on its 2022 return.

Check the source

Every figure on this page is from The Margaret Ann and Donald S McGiverin Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891002594RR0001), or read how we compute the receipt.