La Fondation École Secondaire Loyola /Loyola High School Foundation
Public foundation · Montreal, Quebec · BN 103402186RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($5,553,062) as filed with the CRA.
La Fondation École Secondaire Loyola /Loyola High School Foundation is a public foundation based in Montreal, Quebec, classified by the CRA under foundations advancing education. In its fiscal year ending June 30, 2024, it reported $2.1M in revenue and $5.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 53% from donations, 6% from other charities. In 2024, 17 other registered charities reported granting it a combined $248K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 73% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 2 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $5.2M in 2024, the largest being $5.2M to École Secondaire Loyola/loyola High School. Revenue has grown substantially over its filings on record here, from $1.1M in 2020 to $2.1M in 2024. Its filed list of directors and trustees shows 14 names.
In its own words
The foundation is responsible for loyola high school's fund-raising activities and also manages the funds raised in support of the school.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.1M | $5.6M | — | $119K | $5.2M | $9.6M |
| 2023 | $2.5M | $2.3M | — | $11K | $1.8M | $13M |
| 2022 | -$118K | $1.5M | — | $65K | $1M | $12.9M |
| 2021 | $3.6M | $1.2M | — | $1,321 | $768K | $14.5M |
| 2020 | $1.1M | $1.5M | — | $82K | $1M | $12M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, June 30, 2024
- Investment income$818,482
- Receipted donations$781,562
- Other gifts$336,436
- From other charities$122,800
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 $5.2M to 1 qualified donee:
Received $248K from 17 charities:
- Fondation Saint-Patrick de Montréal/Montreal St-Patrick's F oundation$100K
- Jewish Community Foundation of Montreal$26K
- Charitable Gift Funds Canada Foundation$25K
- The Pindoff Family Charitable Foundation$20K
- Canadahelps Canadon$14K
- Ronald and Carmella Vincelli Family Foundation$10K
- Fondation Cicala$10K
- BenefAction Foundation$10K
- The J W McConnell Family Foundation$10K
- Canadian Online Giving Foundation$8,643
- The John Dobson Foundation$3,500
- United Way of Greater Toronto$3,000
- Brian And Alida Rossy Family Foundation$3,000
- The Bruce and Audrey Groves Family Foundation$2,000
- Aqueduct Foundation$2,000
- The Roman Catholic Episcopal Corporation of Ottawa-Cornwall$1,000
- Raymond James Canada Foundation$400
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- Permanent full-time positions2
- Total compensation, all staff$170K
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Edmund Piro (président); David Valela (administrator); Peter Malynowsky (administrator); Mark-Anthony Serri (administrator); Martin Valasek (secretary); Marcelle Defreitas (administrator); Pino DI Loia (vice president); Scott Corbett (administrator); Melissa Coussa-Charley (administrator); Anthony Broccolini (administrator); Mark Lapalme (administrator); Jennifer Bent (administrator); Steven DI Gregorio (administrator); Matthew Kaszel (administrator).
As listed on its 2024 return.
Check the source
Every figure on this page is from La Fondation École Secondaire Loyola /Loyola High School Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 103402186RR0001), or read how we compute the receipt.