Charity BreakdownCanadian charity filings, itemized

The Westaway Charitable Foundation

Private foundation · Toronto, Ontario · BN 894719780RR0001 · Foundations Advancing Education

Every $100 spentThe Westaway Charitable FoundationFiscal year ended December 31, 2024
Gifts to other charities$97
Other$3
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($449,768) as filed with the CRA.

The Westaway Charitable Foundation 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 $1.8M in revenue and $450K in expenditures.

Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers.

As a grantmaker, it reported gifts to 8 qualified donees totalling $438K in 2024, the largest being $150K to The Princess Margaret Cancer Foundation. Revenue has grown substantially over its filings on record here, from $343K in 2020 to $1.8M in 2024. Its filed list of directors and trustees shows 5 names.

In its own words

An endowed medical research chair in Ovarian Cancer Research is being funded. Funding for an explorer -in-residence for the Royal Canadian Geographic Society is ongoing. Funding for species-at-risk and lighthouse preservation is ongoing. Funding for arts group is ongoing.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$1.8M$450K$438K$5.3M
2023$333K$413K$400K$3.8M
2022$374K$397K$386K$3.9M
2021$313K$386K$375K$3.9M
2020$343K$375K$355K$4M

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

Private foundation — endowment and payout, December 31, 2024

Held at year end$5.3M$5,295,410 in total assets
Given away$438Kto 8 charities
That is8.3%of what it holds
Where the money came from
  • Investment income$376,602

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.

Money between charities, 2024

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

Directors & trustees (2024)

Carolyn Love; James Love; Brigitte Westaway; Peter Westaway; Yevgeniya Romanchenko.

As listed on its 2024 return.

Check the source

Every figure on this page is from The Westaway Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 894719780RR0001), or read how we compute the receipt.