Fondation Carmie & Joey Saputo /Carmie & Joey Saputo Foundation
Private foundation · ST-Leonard, Quebec · BN 843795105RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($555,581) as filed with the CRA.
Fondation Carmie & Joey Saputo /Carmie & Joey Saputo Foundation is a private foundation based in ST-Leonard, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $16.2M in revenue and $556K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 70% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 4 qualified donees totalling $528K in 2024, the largest being $500K to The Canadian Soccer Association Incorporated. Revenue has grown substantially over its filings on record here, from $12K in 2020 to $16.2M in 2024. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $16.2M | $556K | — | — | $528K | $17.1M |
| 2023 | $1.7M | $258K | — | — | $258K | $1.4M |
| 2022 | $135K | $135K | — | — | $135K | $60 |
| 2021 | $367K | $367K | — | — | $367K | $77 |
| 2020 | $12K | $13K | — | — | $13K | $61 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$16,163,500
- Investment income$23,529
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 $528K to 4 qualified donees:
- The Canadian Soccer Association Incorporated$500K
- The Auxiliairy of the Sir Mortimer B. Davis - Jewish General Hospital$10K
- Procure Alliance / Alliance Procure$10K
- Montréal Impact Foundation$8,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Carmela Frassetti (administrateur); Joey Saputo (administrateur); Josaphat Marsilii (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation Carmie & Joey Saputo /Carmie & Joey Saputo Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 843795105RR0001), or read how we compute the receipt.