Trust under the Will of ALice BUscombe Estate
Private foundation · Toronto, Ontario · BN 891166332RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($33,057) as filed with the CRA.
Trust under the Will of ALice BUscombe Estate 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 $57K in revenue and $33K in expenditures.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $20K in 2024, the largest being $20K to Trinity College. Revenue has grown substantially over its filings on record here, from $25K in 2020 to $57K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The private foundation is a testamentary trust to be held in perpetuity for the purpose of enabling trinity college to provide a bursary to the student(s) who qualify under the requirements set out in the will of the late miss alice mary buscombe.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $57K | $33K | — | — | $20K | $727K |
| 2023 | $42K | $29K | — | — | $18K | $703K |
| 2022 | $31K | $16K | — | — | $5,428 | $690K |
| 2021 | $46K | $36K | — | — | $25K | $675K |
| 2020 | $25K | $35K | — | — | $24K | $666K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $20K to 1 qualified donee:
- Trinity College$20K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Royal Trust Corporation (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust under the Will of ALice BUscombe Estate’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891166332RR0001), or read how we compute the receipt.