Charity BreakdownCanadian charity filings, itemized

Trust Under Will of F B McCurdy Est Dalhousie University & ST Davids

Private foundation · Halifax, Nova Scotia · BN 119272433RR0001 · Foundations Advancing Education

Every $100 spentTrust Under Will of F B McCurdy Est Dalhousie University & ST DavidsFiscal year ended March 31, 2024
Gifts to other charities$68
Management & admin$32
TOTAL$100
Registered

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($599,919) as filed with the CRA.

Trust Under Will of F B McCurdy Est Dalhousie University & ST Davids is a private foundation based in Halifax, Nova Scotia, classified by the CRA under foundations advancing education. In its fiscal year ending March 31, 2024, it reported $542K in revenue and $600K 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 27% 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 2 qualified donees totalling $407K in 2024, the largest being $366K to Dalhousie University. Its filed list of directors and trustees shows 1 name.

In its own words

To pay the net income from the estate to the registered charities per clause 4 of the will f.b. Mccurdy. The charities being dalhousie university and the presbyterian church of st. David.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$542K$600K$407K$11.3M
2023$1.6M$559K$368K$11.4M
2022$2.7M$514K$316K$10.3M
2021$653K$519K$336K$8.1M
2020$447K$494K$309K$8M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, March 31, 2024

Held at year end$11.3M$11,311,568 in total assets
Given away$407Kto 2 charities
That is3.6%of what it holds
Where the money came from
  • Investment income$453,229
  • Other income$12,482

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 $407K to 2 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 Will of F B McCurdy Est Dalhousie University & ST Davids’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119272433RR0001), or read how we compute the receipt.