Toswell Family Foundation
Private foundation · Toronto, Ontario · BN 725527113RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($57,196) as filed with the CRA.
Toswell Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $94K in revenue and $57K in expenditures.
Its funding that year was roughly 95% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 41% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $50K in 2024, the largest being $40K to United Way of Greater Toronto. Revenue has grown substantially over its filings on record here, from $55K in 2020 to $94K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The fondation receives donations and re-distributes funds to other charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $94K | $57K | — | — | $50K | $161K |
| 2023 | $163K | $61K | — | — | $58K | $124K |
| 2022 | $63K | $53K | — | — | $50K | $22K |
| 2021 | $74K | $59K | — | — | $55K | $12K |
| 2020 | $55K | $54K | — | — | $51K | -$3,162 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$89,575
- Other income$457
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
Granted $50K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Heather Toswell (trustee); Meghan Toswell (trustee); David Toswell (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Toswell Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 725527113RR0001), or read how we compute the receipt.