Waterstone Foundation
Charitable organization · Etobicoke, Ontario · BN 853997898RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($181,599) as filed with the CRA.
Waterstone Foundation is a charitable organization based in Etobicoke, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $157K in revenue and $182K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 30% from donations, 70% from other charities. In 2024, 5 other registered charities reported granting it a combined $152K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 44% of peers.
Revenue has grown substantially over its filings on record here, from $103K in 2020 to $157K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
To provide access to need-based financial assistance to individuals with an eating disorder diagnosis who are seeking treatment. The foundation aslo endeavours to fianance ground-breaking eating disorder research and to train mental health professionals by partnering with leading educational and proviate institutions. To provide funding for innovative treatment programs for individuals with eating disorders within the public health system.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $157K | $182K | $152K | $11K | — | $141K |
| 2023 | $133K | $215K | $187K | $12K | — | $165K |
| 2022 | $365K | $197K | $105K | $69K | — | $247K |
| 2021 | $42K | $102K | $72K | — | — | $78K |
| 2020 | $103K | $91K | $58K | — | — | $138K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $152K from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Kim Duffy (co-funder board chair); Donna Simpson (director); Joanne Peters (director); Lora Gernon (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Waterstone Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 853997898RR0001), or read how we compute the receipt.