The Carapella Family Foundation
Private foundation · London, Ontario · BN 766775613RR0001 · Foundations
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($50,000) as filed with the CRA.
The Carapella Family Foundation is a private foundation based in London, Ontario, classified by the CRA under foundations. In its fiscal year ending October 31, 2024, it reported $1.1M in revenue and $50K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 96% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $50K in 2024, the largest being $50K to Teresina Larizza Charities Foundation. Its filed list of directors and trustees shows 5 names.
In its own words
This is the first year of giving/donations for the charity. The foundation received 2 donations in fiscal year 2023/2024 and intern supported one organization with a financial payment of $50 000
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $50K | — | — | $50K | $1.1M |
| 2023 | $0 | $0 | $0 | — | $0 | $0 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, October 31, 2024
- Receipted donations$1,100,000
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 $50K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Joseph Carapella (president); Adam Carapella (executive director); Laura Carapella (director); Lyn Carapella (director); Olivia Henderson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Carapella Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 766775613RR0001), or read how we compute the receipt.