The Waltons Trust
Private foundation · Toronto, Ontario · BN 863604955RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($11,103,690) as filed with the CRA.
The Waltons Trust is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $11M in revenue and $11.1M in expenditures.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 33% of peers. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 8 permanent full-time positions.
As a grantmaker, it reported gifts to 28 qualified donees totalling $9.1M in 2024, the largest being $826K to Canadian Children's Literacy Foundation. Revenue has grown substantially over its filings on record here, from $3.7M in 2020 to $11M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
The charity was established to exclusively to benefit charitable organizations and causes throughout the world
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11M | $11.1M | — | — | $9.1M | $101.7M |
| 2023 | $8.3M | $10.8M | — | — | $8.8M | $101.8M |
| 2022 | -$1.4M | $10.2M | — | — | $8.3M | $104.3M |
| 2021 | $41.5M | $9.2M | — | — | $8.1M | $115.9M |
| 2020 | $3.7M | $5.1M | — | — | $4M | $83.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $9.1M to 28 qualified donees — largest 25 shown:
- Canadian Children's Literacy Foundation$826K
- Ecology Action Centre$545K
- Royal Institution for the Advancement of Learning$450K
- Alliance for Healthier Communities$450K
- Older Adult Centres' Association of Ontario$450K
- Canadian Academy of Geriatric Psychiatry$450K
- CANADIAN PARKS AND WILDERNESS SOCIETY/La Société pour la nature et les parcs du Canada$415K
- United Way of Calgary and Area$400K
- Farmers for Climate Solutions$400K
- ALUS Canada$400K
- The Canadian Red Cross Society$400K
- Literacy Coalition of New Brunswick LTD.$370K
- The Good Companions$370K
- Simon Fraser University$330K
- Volunteer Canada - Benevoles Canada$290K
- ST. Michael's and Providence Foundation$285K
- The Children's Book Bank$280K
- E.c.e.b.c.-Early Childhood Educators of British Columbia$261K
- Small Change Fund$250K
- ST. Mary's of the Lake Hospital$233K
- YMCA of Southwestern Ontario$185K
- Right To Food$185K
- Association of Early Childhood Educators Ontario$185K
- The Governing Council of the University of Toronto$160K
- Queen's University at Kingston$150K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $120,000–159,9994 positions
- $80,000–119,9991 position
- $40,000–79,9991 position
- $1–39,9991 position
- Permanent full-time positions8
- Total compensation, all staff$1.3M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Oliver McGinley (trustee & chair); Anthony Graham (trustee); Emily Braun (trustee); Nancy Marcus (trustee); Heather McCourt (trustee); Brian Moore (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Waltons Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 863604955RR0001), or read how we compute the receipt.