Charity BreakdownCanadian charity filings, itemized

Walter C Sumner Foundation

Private foundation · Halifax, Nova Scotia · BN 887460194RR0001 · Foundations

Every $100 spentWalter C Sumner FoundationFiscal year ended May 31, 2024
Gifts to other charities$81
Management & admin$18
Other$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($433,874) as filed with the CRA.

Walter C Sumner Foundation is a private foundation based in Halifax, Nova Scotia, classified by the CRA under foundations. In its fiscal year ending May 31, 2024, it reported $683K in revenue and $434K in expenditures.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 40% of peers.

As a grantmaker, it reported gifts to 15 qualified donees totalling $352K in 2024, the largest being $92K to Dalhousie University. Revenue has grown substantially over its filings on record here, from $328K in 2020 to $683K in 2024. Its filed list of directors and trustees shows 3 names.

In its own words

The foundation operates to provide grants and gifts to charitable organizations in canada primary ongoing programs are rsetricted to the award of the walter c sumner fellowships to students who are engaged in or about to begin doctoral studies in chemistry physics or electronics (including electrical engineering) at various universities.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$683K$434K$353K$7.5M
2023$444K$451K$370K$7.1M
2022$959K$354K$269K$7.6M
2021$516K$302K$226K$7.6M
2020$328K$451K$231K$6.6M

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

Private foundation — endowment and payout, May 31, 2024

Held at year end$7.5M$7,480,814 in total assets
Given away$353Kto 15 charities
That is4.7%of what it holds
Where the money came from
  • Investment income$463,072

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Matthew Bird (president); Fariel Ibrahim (secretary); Dave Johnson (treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from Walter C Sumner Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 887460194RR0001), or read how we compute the receipt.