Charity BreakdownCanadian charity filings, itemized

The Scott Reid Foundation / Scholarship Fund

Private foundation · Brighton, Ontario · BN 860402536RR0001 · Foundations Advancing Education · website

Your $100, itemizedThe Scott Reid Foundation / Scholarship FundFiscal year ended August 31, 2024
Charitable programs$96
Management & admin$4
TOTAL$100
Registered

Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($3,456) as filed with the CRA.

The Scott Reid Foundation / Scholarship Fund is a private foundation based in Brighton, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending August 31, 2024, it reported $19K in revenue and $3,456 in expenditures.

In 2023, 1 other registered charity reported granting it a combined $89.

Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 63% of peers.

Revenue has grown substantially over its filings on record here, from $592 in 2020 to $19K in 2024. Its filed list of directors and trustees shows 5 names.

In its own words

Assisting families fighting cancer in the quinte area with small bursaries of $100.00 to $1000.00 per family situation. These bursaries assist with the ongoing cancer costs such as gas parking meals and other small things. These gifts are given as tax free gifts from the scott reid foundation.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$19K$3,456$3,334$76K
2023$2,942$2,306$2,000$60K
2022$615$2,283$59K
2021$4,065$2,653$2,325$61K
2020$592$3,505$3,500$59K

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

Money between charities, 2023

Received $89 from 1 charity:

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

Directors & trustees (2024)

Lynn Reid (vice president); Lori Reid (secretary); Michael Sullivan (director); Peter Dafoe (director); Adam Reid (president).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Scott Reid Foundation / Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 860402536RR0001), or read how we compute the receipt.