Watt Research Unit Trust Foundation
Private foundation · Toronto, Ontario · BN 135139319RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($86,908) as filed with the CRA.
Watt Research Unit Trust Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $83K in revenue and $87K 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 24% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $63K in 2024, the largest being $63K to University Health Network. Its filed list of directors and trustees shows 1 name.
In its own words
The trust makes several periodic cash payments to the toronto hospital for research grants during the year.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $83K | $87K | — | — | $63K | $1.7M |
| 2023 | $94K | $69K | — | — | $47K | $1.7M |
| 2022 | $98K | $77K | — | — | $55K | $1.6M |
| 2021 | $128K | $71K | — | — | $49K | $1.6M |
| 2020 | $68K | $71K | — | — | $50K | $1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$67,820
- Other income$1,755
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 $63K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Royal Trust Corporation (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Watt Research Unit Trust Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 135139319RR0001), or read how we compute the receipt.