Lindsay G. King (Minister of Willowdale United Church) was one of the sponsors of the Toronto dollar system.
[2][citation needed] The Toronto dollar varies from most local currencies in that 10% of the funds used when purchasing or redeeming the currency are allocated to benefit community initiatives and groups, particularly those who are on low incomes, unemployed or homeless.
As of 2008, the Toronto dollar has helped to raise and donate over $110,000 for local charities,[2] and has given grants to at least 35 different organizations.
"[3] A current lack of an online presence of the Toronto dollar and its program indicates that the currency is most likely not poised for a revival.
Several articles from various periods, as late as the 2013 downturn in the issuing and usage of the currency, seemingly confirm this theory.