The Bel Canto Foundation for the Advancement of Italian-Canadian Heritage and Opera
Public foundation · Vaughan, Ontario · BN 849812581RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($13,023) as filed with the CRA.
The Bel Canto Foundation for the Advancement of Italian-Canadian Heritage and Opera is a public foundation based in Vaughan, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $475 in revenue and $13K 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 30% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $10K in 2024, the largest being $10K to Elpida Autism Foundation.
In its own words
Raise funds to promote italian-canadian heritage and opera. Provide funds raised to charitable organizations such as university of toronto to fund education programs promoting the organization's mandate.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $475 | $13K | — | — | $10K | $7,899 |
| 2023 | $803 | $1,451 | — | — | — | $20K |
| 2022 | $257 | $11K | — | — | $10K | $26K |
| 2021 | $122 | $5,967 | — | — | $5,000 | $37K |
| 2020 | $692 | $6,141 | — | — | $5,000 | $43K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Other income$475
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 $10K to 1 qualified donee:
Received -$24 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from The Bel Canto Foundation for the Advancement of Italian-Canadian Heritage and Opera’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 849812581RR0001), or read how we compute the receipt.