Charity BreakdownCanadian charity filings, itemized

Tripp/Smith Family Foundation

Private foundation · Toronto, Ontario · BN 700335698RR0001 · Foundations

Every $100 spentTripp/Smith Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$99
Management & admin$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,042,352) as filed with the CRA.

Tripp/Smith 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 $1.3M in revenue and $1M in expenditures.

Its funding that year was roughly 76% from donations.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 87% of peers.

As a grantmaker, it reported gifts to 16 qualified donees totalling $1M in 2024, the largest being $947K to United Way of Greater Toronto. Its filed list of directors and trustees shows 3 names.

In its own words

Raising of funds for the purpose of supporting other worthy charitable organizations

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$1.3M$1M$1M$2.4M
2023$1.1M$706K$701K$2.2M
2022$761K$567K$561K$1.7M
2021$802K$661K$657K$1.5M
2020-$42K$308K$303K$1.4M

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$2.4M$2,398,276 in total assets
Given away$1Mto 16 charities
That is43.2%of what it holds
Where the money came from
  • Receipted donations$957,301
  • Investment income$72,328

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)

Eric Tripp (president); Maria Smith (secretary/treasurer); Paul Sabourin (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Tripp/Smith Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 700335698RR0001), or read how we compute the receipt.