Marco Fragomeli Trust
Private foundation · Peterborough, Ontario · BN 886712298RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($300) as filed with the CRA.
Marco Fragomeli Trust is a private foundation based in Peterborough, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $115 in revenue and $300 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.
In its own words
Bursary paid yearly to a student bank interest earned
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $115 | $300 | — | — | $300 | $2,497 |
| 2023 | $33 | $300 | $300 | — | — | $2,682 |
| 2022 | $31 | $300 | $300 | — | — | $2,949 |
| 2021 | $74 | $300 | $300 | — | — | $3,218 |
| 2020 | $77 | $300 | $300 | — | — | $3,444 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$115
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.
Check the source
Every figure on this page is from Marco Fragomeli Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886712298RR0001), or read how we compute the receipt.