The Ciro and Caterina Gucciardi Charitable Foundation
Private foundation · Woodbridge, Ontario · BN 831652474RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($700,051) as filed with the CRA.
The Ciro and Caterina Gucciardi Charitable Foundation is a private foundation based in Woodbridge, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $129K in revenue and $700K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 91% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $700K in 2024, the largest being $250K to Sinai Health Foundation. Revenue has declined over its filings on record here, from $1.8M in 2020 to $129K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
During the year the foundation continued its on-going program of making gifts to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $129K | $700K | — | — | $700K | $1.4M |
| 2023 | $13K | $692K | — | — | $689K | $1.9M |
| 2022 | $55K | $235K | — | — | $235K | $899K |
| 2021 | $3,847 | $785K | — | — | $785K | $1.1M |
| 2020 | $1.8M | $753K | — | — | $690K | $1.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$101,845
- Other income$26,853
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 $700K to 9 qualified donees:
- Sinai Health Foundation$250K
- Chats-Community & Home Assistance to Seniors$150K
- The Hospital for Sick Children Foundation$100K
- The Di Marco Family Foundation$100K
- YMCA of Greater Toronto$25K
- Villa Charities Foundation$20K
- The National Golf Club of Canada Foundation$20K
- Waves of Changes For Autism$20K
- Hospice Vaughan$15K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Vyriotes (director); Andrew Gucciardi (director); Angela Gucciardi (director); Cathy Gucciardi (director); Mike Buffa (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Ciro and Caterina Gucciardi Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 831652474RR0001), or read how we compute the receipt.