The Bessada Family Foundation
Private foundation · Oakville, Ontario · BN 840765937RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($66,511) as filed with the CRA.
The Bessada Family Foundation is a private foundation based in Oakville, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $8,471 in revenue and $67K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 56% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $64K in 2024, the largest being $56K to Saint Peter and Saint Paul Coptic Orthodox Church of Oakville. Revenue has declined over its filings on record here, from $92K in 2020 to $8,471 in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to qualified donees and charitable organizations that are also registered charities under the income tax act (canada)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $8,471 | $67K | — | — | $64K | $83K |
| 2023 | $82K | $65K | — | — | $62K | $141K |
| 2022 | $3,857 | $89K | — | — | $85K | $123K |
| 2021 | $16K | $57K | — | — | $52K | $209K |
| 2020 | $92K | $46K | — | — | $42K | $250K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $64K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ossama Bessada (director); Mirette Awad (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Bessada Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 840765937RR0001), or read how we compute the receipt.