Trust under the Will of Florence Ethel Simmons
Private foundation · Halifax, Nova Scotia · BN 800923583RR0001 · Foundations
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($215,470) as filed with the CRA.
Trust under the Will of Florence Ethel Simmons is a private foundation based in Halifax, Nova Scotia, classified by the CRA under foundations. In its fiscal year ending May 31, 2024, it reported $170K in revenue and $215K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $130K in 2024, the largest being $43K to University of Prince Edward Island. Revenue has declined over its filings on record here, from $311K in 2020 to $170K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
Annual payment of net income to University of Prince Edward Island(1/3); Holland College Foundation(1/3) and Hospice PalliativeCare Association of P.E.I. Inc(1/3)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $170K | $215K | — | — | $130K | $4.7M |
| 2023 | $330K | $206K | — | — | $116K | $4.7M |
| 2022 | $540K | $210K | — | — | $129K | $4.6M |
| 2021 | $193K | $199K | — | — | $123K | $4.3M |
| 2020 | $311K | $193K | — | — | $118K | $4.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, May 31, 2024
- Investment income$172,929
- Other income$5,825
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 $130K 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 Florence Ethel Simmons’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 800923583RR0001), or read how we compute the receipt.