Trust Under the Will of James Cosman
Private foundation · Halifax, Nova Scotia · BN 119272250RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($170,842) as filed with the CRA.
Trust Under the Will of James Cosman is a private foundation based in Halifax, Nova Scotia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $429K in revenue and $171K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 8% of peers.
As a grantmaker, it reported gifts to 15 qualified donees totalling $72K in 2024, the largest being $10K to The Roman Catholic Episcopal Corporation of Halifax. Revenue has grown substantially over its filings on record here, from $246K in 2020 to $429K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To provide financial assistance to the poor and needy in the province of nova scotia. Payments made to various organizations carrying on worthwhile community services in nova scotia
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $429K | $171K | — | — | $72K | $3.8M |
| 2023 | $310K | $174K | — | — | $70K | $3.6M |
| 2022 | $242K | $170K | — | — | $70K | $3.4M |
| 2021 | $609K | $148K | — | — | $72K | $3.4M |
| 2020 | $246K | $134K | — | — | $70K | $2.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$141,584
- Other income$4,072
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 $72K to 15 qualified donees:
- The Roman Catholic Episcopal Corporation of Halifax$10K
- Home of the Guardian Angel$9,000
- Villa Acadienne Inc$8,000
- Roman Catholic Episcopal Corporation of Yarmouth$6,500
- Clare Transportation Society$6,000
- Birthright of Halifax-Dartmouth$5,000
- H.o.p.e. (helping Other People Everywhere) Ottawa-Carleton Inc.$4,500
- Canadian Association for Community Living - Clare Branch$4,000
- Stella Maris Parish$3,500
- Phoenix House for Youth Inc.$3,500
- La Maison des Amis du Plateau Mont-Royal Inc.$2,500
- St. Marguerite Bourgeoys FertilityCare Toronto$2,500
- Canadian Association for Community Living - Clare Branch$2,500
- Society for the Rehabilitation of Alcoholics$2,500
- Blessed Mother Teresa Calcutta's Parish (divine Mercy Parish$2,000
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 James Cosman’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119272250RR0001), or read how we compute the receipt.