Trust Under the Will of John Benjamin Clark Watkins-Canada Council
Private foundation · Toronto, Ontario · BN 889376190RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-10-12. Split of total expenditures ($12,049) as filed with the CRA.
Trust Under the Will of John Benjamin Clark Watkins-Canada Council is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending October 12, 2024, it reported $19K in revenue and $12K in expenditures.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% 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 1 qualified donee totalling $5,694 in 2024, the largest being $5,694 to Canada Council for the Arts Conseil des Arts du Canada. Revenue has grown substantially over its filings on record here, from $8,782 in 2020 to $19K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
All income earned in the trust is disributed to the canada council to be used by the canada council for the establishment of scholarships which are awarded to graduates.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $19K | $12K | — | — | $5,694 | $286K |
| 2023 | $12K | $13K | — | — | $6,626 | $281K |
| 2022 | $9,818 | $12K | — | — | $5,854 | $279K |
| 2021 | $21K | $13K | — | — | $6,435 | $280K |
| 2020 | $8,782 | $11K | — | — | $4,968 | $271K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, October 12, 2024
- Investment income$9,168
- Other income$483
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 $5,694 to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Royal Trust Corporation (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust Under the Will of John Benjamin Clark Watkins-Canada Council’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889376190RR0001), or read how we compute the receipt.