Trust Under Will of Ja McPhail
Private foundation · Toronto, Ontario · BN 892264441RR0001 · Foundations
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($15,733) as filed with the CRA.
Trust Under Will of Ja McPhail is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $15K in revenue and $16K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 9% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $7,227 in 2024, the largest being $2,710 to Sault Area Hospitals Foundation. Its filed list of directors and trustees shows 1 name.
In its own words
To provide funds to various charities as per terms of the will
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $15K | $16K | — | — | $7,227 | $349K |
| 2023 | $10K | $15K | — | — | $6,123 | $350K |
| 2022 | $19K | $16K | — | — | $7,373 | $354K |
| 2021 | $14K | $17K | — | — | $8,541 | $351K |
| 2020 | $12K | $16K | — | — | $7,999 | $354K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, February 28, 2024
- Investment income$11,435
- Other income$693
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 $7,227 to 4 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 Ja McPhail’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892264441RR0001), or read how we compute the receipt.