The P.E. & E. Hart Trust
Private foundation · Toronto, Ontario · BN 892435363RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,103,513) as filed with the CRA.
The P.E. & E. Hart Trust 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 $2.9M in revenue and $2.1M in expenditures.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 59% 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 2 qualified donees totalling $1.8M in 2024, the largest being $1.2M to The Governing Council of the University of Toronto. Revenue has grown substantially over its filings on record here, from $1.3M in 2020 to $2.9M in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To the Women's College Hospital Toronto for the purposes of funding scientific medical research concerning women's health matters or for the provision of educational scholarships or a combination of these two purposes. To the University of Toronto for the Faculty of Applied Science and Engineering for funding specific engineering research projects or the provision of educational scholarships (preferably in the fields of engineering welding metallurgy or mechanics). The foundation is not open to grant applications.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $2.1M | — | — | $1.8M | $40.9M |
| 2023 | $2.9M | $2.1M | — | — | $1.9M | $38.3M |
| 2022 | $2.4M | $1.6M | — | — | $1.3M | $36.2M |
| 2021 | $2.6M | $1.5M | — | — | $1.3M | $40.2M |
| 2020 | $1.3M | $2.3M | — | — | $2.1M | $36.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.8M to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bank of Nova Scotia Trust CO (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The P.E. & E. Hart Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892435363RR0001), or read how we compute the receipt.