Monaco Group Foundation
Private foundation · Montreal, Quebec · BN 858004310RR0001 · Foundations
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($474,295) as filed with the CRA.
Monaco Group Foundation is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending April 30, 2024, it reported $636K in revenue and $474K in expenditures.
Its funding that year was roughly 100% from donations. In 2024, 1 other registered charity reported granting it a combined $100K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $400K in 2024, the largest being $200K to Fondation pour la Recherche en Chirurgie Thoracique de Montréal. Its filed list of directors and trustees shows 3 names.
In its own words
Levées de fonds dans le candre d'évènements distribuer des profits à des oeuvres charitables et fondations hospitalières
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $636K | $474K | — | $70K | $400K | $158K |
| 2023 | $20 | $3,601 | — | $505 | — | -$3,803 |
| 2022 | $50K | $53K | — | — | $50K | -$222 |
| 2021 | $51K | $56K | — | $1,326 | $50K | $2,668 |
| 2020 | $447K | $433K | — | $49K | $380K | $7,746 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, April 30, 2024
- Receipted donations$636,487
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 $400K to 3 qualified donees:
Received $100K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Tony Abruzzese (administrateur); Domenico Monaco (président); Michelle Brunelle (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Monaco Group Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 858004310RR0001), or read how we compute the receipt.