The Superintendent Douglas W and Leora I McRae Memorial Scholarship Foundation
Private foundation · Surrey, British Columbia · BN 891888786RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2022-03-31. Split of total expenditures ($2,000) as filed with the CRA.
The Superintendent Douglas W and Leora I McRae Memorial Scholarship Foundation is a private foundation based in Surrey, British Columbia, classified by the CRA under support of schools and education.
Compared with 579 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 59% of peers.
Its filed list of directors and trustees shows 2 names.
In its own words
2 $1000 scholarships to 2 students per year
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2022
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2022 | — | $2,000 | — | — | $2,000 | $2,000 |
| 2021 | — | $2,000 | — | — | $2,000 | $4,000 |
| 2020 | $2,000 | $2,060 | — | — | $2,000 | $397 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, March 31, 2022
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Directors & trustees (2020)
Racpit McRae (trustee); Ron McRae (trustee).
As listed on its 2020 return.
Check the source
Every figure on this page is from The Superintendent Douglas W and Leora I McRae Memorial Scholarship Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891888786RR0001), or read how we compute the receipt.