Charity BreakdownCanadian charity filings, itemized

The Mckay Cross Foundation

Private foundation · Ottawa, Ontario · BN 834712689RR0001 · Foundations

Every $100 spentThe Mckay Cross FoundationFiscal year ended December 31, 2024
Gifts to other charities$80
Management & admin$19
Other$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($182,364) as filed with the CRA.

The Mckay Cross Foundation is a private foundation based in Ottawa, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $649K in revenue and $182K in expenditures.

Its funding that year was roughly 16% from donations.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 38% of peers.

As a grantmaker, it reported gifts to 4 qualified donees totalling $136K in 2024, the largest being $110K to PHSS Foundation. Revenue has grown substantially over its filings on record here, from $417K in 2020 to $649K in 2024. Its filed list of directors and trustees shows 5 names.

In its own words

The purpose of the foundation is to receive and maintain a fund or funds to apply all or part of the principal and income therefrom from time to time to charitable organizations that are also registered charities under the income tax act of canada.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$649K$182K$146K$3.6M
2023$386K$28K$3.2M
2022$143K$466K$93K$2.9M
2021$581K$109K$83K
2020$417K$103K$80K$2.8M

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

Private foundation — endowment and payout, December 31, 2024

Held at year end$3.6M$3,644,636 in total assets
Given away$146Kto 4 charities
That is4.0%of what it holds
Where the money came from
  • Other income$250,500
  • Investment income$151,244
  • Receipted donations$105,747

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

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

Directors & trustees (2024)

Ann Cross (board memner); Yvone McCargar (board member); Joan Currie (secretary); Brian Dunne (president); Mark McCormick (treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Mckay Cross Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 834712689RR0001), or read how we compute the receipt.