Trust Under Will of Reuben W Leonard for Queen's University
Private foundation · Toronto, Ontario · BN 890757792RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($14,314) as filed with the CRA.
Trust Under Will of Reuben W Leonard for Queen's University is a private foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending November 30, 2024, it reported $12K in revenue and $14K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 23% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $9,749 in 2024, the largest being $9,749 to Queen's University at Kingston. Its filed list of directors and trustees shows 1 name.
In its own words
To provide funds to queen's university for scholarships 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 | $12K | $14K | — | — | $9,749 | $226K |
| 2023 | $17K | $15K | — | — | $10K | $228K |
| 2022 | $15K | $19K | — | — | $10K | $226K |
| 2021 | $12K | $25K | — | — | $20K | $229K |
| 2020 | $12K | $4,477 | — | — | — | $242K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Investment income$9,319
- Other income$669
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 $9,749 to 1 qualified donee:
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 Reuben W Leonard for Queen's University’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890757792RR0001), or read how we compute the receipt.