Trust Under the Will of Colonel E Ibbotson Leonard Estate
Private foundation · London, Ontario · BN 835160821RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($69,538) as filed with the CRA.
Trust Under the Will of Colonel E Ibbotson Leonard Estate is a private foundation based in London, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending November 30, 2024, it reported $53K in revenue and $70K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 18% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $40K in 2024, the largest being $20K to The Upper Canada College Foundation. Its filed list of directors and trustees shows 1 name.
In its own words
50% of the net income earned to huron college london ontario and 50% of the net income to upper canada college toronto ontario for educational purposes
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $53K | $70K | — | — | $40K | $1.2M |
| 2023 | $53K | $63K | — | — | $34K | $1.2M |
| 2022 | $32K | $59K | — | — | $29K | $1.2M |
| 2021 | $70K | $66K | — | — | $36K | $1.2M |
| 2020 | $41K | $67K | — | — | $38K | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $40K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Canada Trust (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust Under the Will of Colonel E Ibbotson Leonard Estate’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 835160821RR0001), or read how we compute the receipt.