RCO Charitable Fund
Private foundation · Oakville, Ontario · BN 712045483RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($328,802) as filed with the CRA.
RCO Charitable Fund is a private foundation based in Oakville, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $263K in revenue and $329K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 81% from other charities. In 2024, 1 other registered charity reported granting it a combined $214K.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 58% of peers. Its fundraising cost per donated dollar was higher than 92% of that peer group.
As a grantmaker, it reported gifts to 19 qualified donees totalling $123K in 2024, the largest being $26K to Food for Life Canada Charitable Corporation. Revenue has grown substantially over its filings on record here, from $127K in 2020 to $263K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
The primary objectives of the rco charitable dund are to: -make gifts to local community organizations that meet the criteria of qualified donees under the income tax act for the betterment of the community and the support of the aged youth and persons with development or physical disabilities; -advance education by granting scholarships and bursaries to students in need to allow them to pursue post-secondary education; and -support various charitable projects globally aimed at providing water sanitation and humanitarian aid improving health education and food security and enh…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $263K | $329K | $178K | $16K | $123K | $64K |
| 2023 | $351K | $377K | $87K | $213K | $66K | $129K |
| 2022 | $448K | $437K | $73K | $221K | $131K | $156K |
| 2021 | $202K | $188K | $88K | $27K | $66K | $144K |
| 2020 | $127K | — | — | — | — | $131K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $123K to 19 qualified donees:
- Food for Life Canada Charitable Corporation$26K
- Home Suite Hope Shared Living Corp.$16K
- Food4Kids Halton$15K
- Oakville Family YMCA$10K
- Indspire$10K
- Water First Education and Training Inc.$10K
- The Cedarbrook Society$8,000
- Support House$5,000
- Big Brothers Big Sisters Of Halton and Hamilton$5,000
- Halton District School Board$4,000
- Mothers Against Drunk Driving (MADD Canada)$4,000
- Trafalgar Senior Homes$3,860
- Halton Catholic District School Board$2,000
- Knox Presbyterian Church$1,800
- David McAntony Gibson Foundation$500
- The Oakville Children's Choir$500
- Halton Women's Place$500
- Kerr Street Community Services$450
- The Royal Canadian Legion Ontario Provincial Command Branches and Ladies' Auxiliaries Charitable Foundation$100
Received $214K from 1 charity:
- The RCO Foundation$214K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Mahendra Shah (treasurer); George Vincent (president); Hart Jansson (director); Sidharth Joshi (director); Rudy Habesch (director); Baljeet Toki (director); Dana Dennaoui (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from RCO Charitable Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 712045483RR0001), or read how we compute the receipt.