Trust Under the Will of P Remsen Onderdonk
Private foundation · Toronto, Ontario · BN 888781465RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($169,878) as filed with the CRA.
Trust Under the Will of P Remsen Onderdonk is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $144K 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 43% 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 $134K in 2024, the largest being $134K to McMaster University. Its filed list of directors and trustees shows 1 name.
In its own words
Mcmaster university - quarterly donations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $144K | $170K | — | — | $134K | $3.2M |
| 2023 | $233K | $166K | — | — | $131K | $3M |
| 2022 | $278K | $151K | — | — | $117K | $3M |
| 2021 | $144K | $251K | — | — | $219K | $3.3M |
| 2020 | $170K | $33K | — | — | — | $3.1M |
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$144,046
- Other income$2,835
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 $134K to 1 qualified donee:
- McMaster University$134K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Bank of Nova Scotia Trust CO (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trust Under the Will of P Remsen Onderdonk’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888781465RR0001), or read how we compute the receipt.