Fondation Lise et Giuseppe Racanelli/Lise and Giuseppe Racanelli Foundation
Private foundation · Mirabel, Quebec · BN 715396008RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($1,930,025) as filed with the CRA.
Fondation Lise et Giuseppe Racanelli/Lise and Giuseppe Racanelli Foundation is a private foundation based in Mirabel, Quebec, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $14M in revenue and $1.9M 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 97% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $1.9M in 2024, the largest being $600K to Fondation Centre Philou. Its filed list of directors and trustees shows 5 names.
In its own words
La fondation a été constituée le 29 juin 2022 et la date d'entrée en vigueur de son enregistrement à tire d'organisme de bienfaisance date du 13 octobre 2022. La fondation fait des dons à d'autres organismes de bienfaisance enregistrés
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $14M | $1.9M | — | — | $1.9M | $12.1M |
| 2023 | $200K | $200K | — | — | $200K | — |
| 2022 | — | $775 | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Receipted donations$14,000,000
- Investment income$41,694
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 $1.9M to 9 qualified donees:
- Fondation Centre Philou$600K
- Sainte-Justine UHC Foundation$500K
- Douglas mental health university institute foundation$400K
- Fondation HEC Montréal$200K
- Montréal Sacré-Coeur Hospital Foundation$96K
- Fondation Cité de la Santé$94K
- Le Chic Resto-Pop Inc.$20K
- Fondation de l'institut de tourisme et d'hôtellerie du québec$15K
- Dr Clown Foundation$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Giuseppe Racanelli (président du c.a.); Véronique Racanelli (présidente); Mylène Racanelli (vice-présidente); Julie Perrault (secrétaire); Nathalie Durocher (trésorière).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation Lise et Giuseppe Racanelli/Lise and Giuseppe Racanelli Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 715396008RR0001), or read how we compute the receipt.