Trust Under the Will of William Charles Michell Estate
Private foundation · Toronto, Ontario · BN 889028593RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($54,181) as filed with the CRA.
Trust Under the Will of William Charles Michell Estate 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 $94K in revenue and $54K 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 33% 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 $43K in 2024, the largest being $43K to The Governing Council of the University of Toronto. Revenue has grown substantially over its filings on record here, from $49K in 2020 to $94K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To provide scholarships to students attending university college university of toronto.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $94K | $54K | — | — | $43K | $1.3M |
| 2023 | $97K | $59K | — | — | $46K | $1.2M |
| 2022 | $69K | $56K | — | — | $45K | $1.1M |
| 2021 | $81K | $113K | — | — | $103K | $1.3M |
| 2020 | $49K | $10K | — | — | — | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $43K to 1 qualified donee:
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 William Charles Michell Estate’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889028593RR0001), or read how we compute the receipt.