Waterloo Mathematics Charitable Trust Foundation
Public foundation · Kitchener, Ontario · BN 851256453RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($75,000) as filed with the CRA.
Waterloo Mathematics Charitable Trust Foundation is a public foundation based in Kitchener, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending July 31, 2024, it reported $146K in revenue and $75K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 74% 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 $70K in 2024, the largest being $70K to University of Waterloo. Revenue has grown substantially over its filings on record here, from $22K in 2020 to $146K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
We support research and development activities in the field of mathematical education. We provide scholarship funds for students studying mathematics at university.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $146K | $75K | — | — | $70K | $1.5M |
| 2023 | $52K | $74K | — | — | $70K | $1.4M |
| 2022 | $33K | $83K | — | — | $79K | $1.4M |
| 2021 | $55K | $73K | — | — | $69K | $1.6M |
| 2020 | $22K | $78K | — | — | $74K | $1.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $70K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Steve Brown (trustee); Jeffrey Anderson (trustee); Mark Giesbrecht (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Waterloo Mathematics Charitable Trust Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 851256453RR0001), or read how we compute the receipt.