Watts and Silver Memorial Fund
Private foundation · Toronto, Ontario · BN 899238018RR0001 · Foundations
Source: T3010 return, FPE 2024-08-14. Split of total expenditures ($74,445) as filed with the CRA.
Watts and Silver Memorial Fund is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending August 14, 2024, it reported $67K in revenue and $74K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 14% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $44K in 2024, the largest being $44K to The Kingston Humane Society. Its filed list of directors and trustees shows 1 name.
In its own words
To pay the net annual income to the kingston humane society
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $67K | $74K | — | — | $44K | $1.3M |
| 2023 | $53K | $72K | — | — | $44K | $1.3M |
| 2022 | $89K | $74K | — | — | $40K | $1.3M |
| 2021 | $50K | $67K | — | — | $38K | $1.3M |
| 2020 | $72K | $70K | — | — | $42K | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $44K 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 Watts and Silver Memorial Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899238018RR0001), or read how we compute the receipt.