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NOVA SCOTIA TALENT TRUST FOUNDATION

Public foundationFoundations advancing education·HALIFAX CRO 1680 BEDFORD ROW · PO BOX 172 · HALIFAX, NS · B3J 2M4·BN 814743704RR0001

Last reported: F2024 filing · period ending 2024-12-31

This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.

This charity filed the simplified return, so some figures can't be computed. Fewer numbers, never invented ones.

What it does — in its own words

Ongoing programs

THE NOVA SCOTIA TALENT TRUST FOUNDATION WAS ESTABLISHED TO MANAGE FUNDS AND PROVIDE SUPPORT (INCOME ON FUNDS HELD) TO THE NOVA SCOTIA TALENT TRUST. 2012 WAS THE FOUNDING YEAR AND THERE WAS NEGLIGIBLE INCOME DISTRIBUTE; A TRANSFER OF FUNDS WAS MADE TO THE NS TALENT TRUST IN 2013 AND IN EACH YEAR SINCE. ALL ACTIVITIES OF THE FOUNDATION ARE CARRIED OUT BY THE BY THE MEMBERS OF THE BOARD (ALL VOLUNTEERS).

New programs

NO NEW PROGRAMS

Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗

Tier 1 — what we computed (open data)

From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.

Disbursed to qualified donees

T1 · computed (open data)

98%

Per its F2024 T3010, this share of total spending went to other registered charities.

T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗

Operating overhead

T1 · computed (open data)

97%

Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.

T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗

Reserves

T1 · computed (open data)

Years current reserves could cover program spending.

Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗

Total revenue

T1 · computed (open data)

$56K

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

7%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

0%

Share of revenue from federal, provincial, and municipal sources.

T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Over the years

Every figure as filed at each fiscal period end, 20192024.

Period endRevenueCents to causeOverheadReserves
2019-12-31$216K
2020-12-31$34K
2021-12-31$7K
2022-12-31$50K
2023-12-31$24K
2024-12-31$56K97%
trend

From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Board of directors

7 directors reported · 6 of 7at arm's length

  • MATHEWS, TIMOTHY CDIRECTOR/PRESIDENTarm's length
  • REYNOLDS, MARTHA MDIRECTOR/SECRETARYarm's length
  • BERGEL, ANDREW DDIRECTOR/TREASURERarm's length
  • EVANS, VALERIE GDIRECTORarm's length
  • MARTIN, MARY EDIRECTORarm's length
  • HASTINGS, DAVIDDIRECTOR/SECRETARY
  • MORRIS, GAILDIRECTORarm's length

From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗

Right of reply

This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.

Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗

NOVA SCOTIA TALENT TRUST FOUNDATION: CRA filing and financial data · Charity Compass