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Registered as FONTEROMANO FOUNDATION
$41,681,670
$1,427,152
It took in $40,254,518 more than it spent, and retained the difference. Neither is good or bad on its own — charities hold reserves, run capital campaigns, and spend down endowments, and the return does not say which.
| Year | Money in | Money out |
|---|---|---|
| 2017 | Not reported | Not reported |
| 2018 | Not reported | Not reported |
| 2019 | Not reported | Not reported |
| 2020 | Not reported | Not reported |
| 2021 | $37.5M | $2.5M |
| 2022 | $2.0M | $90K |
| 2023 | $2.3M | $174K |
| 2024 | $41.7M | $1.4M |
No return is on file for 2017, 2018, 2019 and 2020. A charity can file late, or not at all in a year — this is a gap in the record, not a year of no activity.
| What it went on | CRA line | Amount | Share |
|---|---|---|---|
| Charitable programs | 5000 | Not reported | — |
| Management and administration | 5010 | $158,041 | 65.3% |
| Fundraising | 5020 | Not reported | — |
| Not allocated to a line | $84,111 | 34.7% | |
| Total expenditures excluding gifts | 4950 | $242,152 |
This charity did not report charitable programs and fundraising figures. That is not the same as zero. Only one charity in five reports a fundraising figure at all, and the return does not require it.
The reported lines do not add up to the total. The difference is spending the charity did not assign to any of them — the CRA return treats these lines as optional components of the total, not as a complete breakdown of it.
It reported giving $1,185,000 to other qualified donees — registered charities and similar organisations. This sits outside the breakdown above, which covers the charity’s own spending. Line 5050.
Charities that hold significant property not used in their programs must spend a minimum amount each year — the disbursement quota. Fonteromano Foundation files this schedule; most charities do not.
| Required to spend | 840 | $1,829,743 |
|---|---|---|
| Counted toward the quota | 860 | $1,186,500 |
| Difference | 865 | $643,243 below the quota |
Spending below the quota in one year is not a breach. The Income Tax Act lets a charity carry a disbursement excess forward for five years and back for one, so an organisation below the line this year may be drawing on an excess from an earlier one. The CRA can also grant permission to accumulate property, and the quota itself is calculated from a two-year average. None of that history is in this return, and this page is not a compliance finding.
The most recent return this charity has filed — not its position today. Charities have six months to file and the CRA publishes annually.
These are the charity’s own figures. A surprising figure is at least as likely to be a filing error as a finding.
This site cannot confirm whether 768413130 RR 0001 is registered today. Its filings are public open data; current registration status is not, and the CRA’s own listing is the only authoritative source. Check this charity on the CRA Charities Listing.
Source: Canada Revenue Agency — List of charities (T3010). Data current as of 2024 filing year. Filed by the charity and not audited by the CRA. Contains information licensed under the Open Government Licence – Canada.