Trust Under the Will of Evelyn P. Matheson
Private foundation · Halifax, Nova Scotia · BN 836895904RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($169,533) as filed with the CRA.
Trust Under the Will of Evelyn P. Matheson is a private foundation based in Halifax, Nova Scotia, classified by the CRA under foundations advancing education. In its fiscal year ending February 28, 2024, it reported $136K in revenue and $170K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% 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 3 qualified donees totalling $100K in 2024, the largest being $33K to Queen Elizabeth Hospital Foundation Inc.. Its filed list of directors and trustees shows 1 name.
In its own words
To pay the net income annually as follows: 1/3 to university of prince edward island for such purposes as the board of governors sees fit 1/3 to acadia divinity college for such purposes as acadia university sees fit and 1/3 to queen elizabeth hospital foundation inc.to be used for purposes as the directors of the queen elizabeth hospital foundation inc. Determines.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $136K | $170K | — | — | $100K | $3.2M |
| 2023 | $310K | $164K | — | — | $85K | $3.3M |
| 2022 | $411K | $151K | — | — | $87K | $3.1M |
| 2021 | $146K | $147K | — | — | $85K | $2.9M |
| 2020 | $140K | $137K | — | — | $70K | $2.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $100K to 3 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 Evelyn P. Matheson’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 836895904RR0001), or read how we compute the receipt.