Trust Under the Will of Charles F. Tood
Private foundation · Toronto, Ontario · BN 826766149RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($127,985) as filed with the CRA.
Trust Under the Will of Charles F. Tood is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $86K in revenue and $128K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 44% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $115K in 2024, the largest being $57K to Town of ST. Stephen. Revenue has grown substantially over its filings on record here, from $31K in 2020 to $86K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
The income from the residue of the estate shall be divided for perpetuity as follows: 50% to the town at milltown-now the town of st. Stephen 25% to the diocese synod of fredericton 25% to the society of saint john the evangelist.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $86K | $128K | — | — | $115K | $903K |
| 2023 | $29K | $55K | — | — | $43K | $942K |
| 2022 | $55K | $52K | — | — | $40K | $965K |
| 2021 | $35K | $41K | — | — | $29K | $966K |
| 2020 | $31K | $40K | — | — | $28K | $976K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$38,634
- Other income$910
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 $115K to 3 qualified donees:
- Town of ST. Stephen$57K
- Society of ST. John the Evangelist in Canada Inc.$29K
- The Diocesan Synod of Fredericton$29K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Royal Trust Corporation of Can (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust Under the Will of Charles F. Tood’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 826766149RR0001), or read how we compute the receipt.