The Rob Stovel Foundation
Private foundation · Toronto, Ontario · BN 726383896RR0001 · Foundations · website
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($38,984) as filed with the CRA.
The Rob Stovel Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending October 31, 2024, it reported $29K in revenue and $39K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 24% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 17% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $25K in 2024, the largest being $13K to Canadian Foundation for AIDS Research/fondation Canadienne de Recherche sur le Sida. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $29K | $39K | — | — | $25K | $625K |
| 2023 | $48K | $36K | — | — | $23K | $636K |
| 2022 | $77K | $64K | — | — | $52K | $624K |
| 2021 | -$735 | $45K | — | — | $34K | $611K |
| 2020 | -$13K | $36K | — | — | $25K | $656K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $25K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Stovel (president); Craig Stovel (vice-president); Suzanne Stovel (vice-president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Rob Stovel Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 726383896RR0001), or read how we compute the receipt.