The Read Elliott Family Foundation
Private foundation · Cobourg, Ontario · BN 752904128RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($42,055) as filed with the CRA.
The Read Elliott Family Foundation is a private foundation based in Cobourg, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $114K in revenue and $42K in expenditures.
Its funding that year was roughly 94% 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 71% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $41K in 2024, the largest being $21K to Royal Military Colleges of Canada Alumni Association Inc.. Revenue has declined over its filings on record here, from $340K in 2020 to $114K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The foundation will select three registered charities to support each year. It is expected that each year all money donated to the foundation will be dispersed to registered canadian charities although the recipient charities may differ from year to year.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $114K | $42K | — | — | $41K | $73K |
| 2023 | $30K | $32K | — | — | $30K | $796 |
| 2022 | $206K | $199K | — | — | $197K | $2,185 |
| 2021 | $240K | $267K | — | — | $265K | -$5,328 |
| 2020 | $340K | $347K | — | — | $345K | $21K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $41K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Kymberley Read (president and treasurer); Brian Read (director); Graham Read (secretary); Kaitlyn-Rose Read-Maney (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Read Elliott Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 752904128RR0001), or read how we compute the receipt.