Trust Under the Will of DR. James Buchan
Private foundation · Ottawa, Ontario · BN 864415146RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($58,361) as filed with the CRA.
Trust Under the Will of DR. James Buchan is a private foundation based in Ottawa, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $52K in revenue and $58K 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 22% of peers.
Its filed list of directors and trustees shows 1 name.
In its own words
To enable or facilitate attendance by past current or future students of the gulf island secondary school at accredited medical schools or other accredited post secondary educational institutions.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $52K | $58K | $39K | — | — | $1.1M |
| 2023 | $86K | $61K | $42K | — | — | $1.1M |
| 2022 | -$78K | $63K | $42K | — | — | $1.1M |
| 2021 | $63K | $64K | $42K | — | — | $1.2M |
| 2020 | $75K | $63K | — | — | — | $1.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Scotiatrust (corporate trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust Under the Will of DR. James Buchan’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 864415146RR0001), or read how we compute the receipt.