The Ryckman Trust
Private foundation · Toronto, Ontario · BN 891730731RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($177,829) as filed with the CRA.
The Ryckman Trust is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $118K in revenue and $178K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 63% of peers.
As a grantmaker, it reported gifts to 12 qualified donees totalling $166K in 2024, the largest being $66K to The Governing Council of the University of Toronto. Revenue has grown substantially over its filings on record here, from $28K in 2020 to $118K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To enable the university of toronto to provide fellowship for medical research and to enable several faculties at the university of toronto to provide bursaries and scholarships. To provide funds to charitable organizations that are devoted to medical research and education and/or health and welfare of individuals.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $118K | $178K | — | — | $166K | $818K |
| 2023 | $31K | $37K | — | — | $26K | $901K |
| 2022 | $39K | $35K | — | — | $24K | $879K |
| 2021 | $70K | $57K | — | — | $46K | $882K |
| 2020 | $28K | $10K | — | — | — | $876K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $166K to 12 qualified donees:
- The Governing Council of the University of Toronto$66K
- Sunnybrook Health Sciences Centre Foundation$9,042
- United Way of Greater Toronto$9,042
- The Kidney Foundation of Canada$9,042
- Canadian Lung Association - Association Pulmonaire du Canada$9,042
- Scott Mission$9,042
- Diabetes Canada Diabète Canada$9,042
- Plan International Canada Inc.$9,042
- Canadian Mental Health Association Ontario Division$9,042
- Alzheimer Society of Canada$9,042
- The Governing Council of the Salvation Army in Canada$9,042
- Canadian National Institute for the Blind$9,042
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Royal Trust Corporation of Cda (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Ryckman Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891730731RR0001), or read how we compute the receipt.