Trust Under the Will of Clement C. Avard
Private foundation · Vancouver, British Columbia · BN 896083425RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($30,027) as filed with the CRA.
Trust Under the Will of Clement C. Avard is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $47K in revenue and $30K 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 22% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $20K in 2024, the largest being $20K to Mount Allison University. Revenue has grown substantially over its filings on record here, from $28K in 2020 to $47K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To donate annual income of trust to mount allison university as instructed by the will of clement c. Avard.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $47K | $30K | — | — | $20K | $750K |
| 2023 | $40K | $30K | — | — | $20K | $733K |
| 2022 | $23K | $29K | — | — | $20K | $723K |
| 2021 | $50K | $31K | — | — | $22K | $729K |
| 2020 | $28K | $32K | — | — | $22K | $711K |
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:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
The Canada Trust Company (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust Under the Will of Clement C. Avard’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 896083425RR0001), or read how we compute the receipt.