The Finelli Foundation-Fausto and Pasqualina
Private foundation · Etobicoke, Ontario · BN 766401343RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($156,937) as filed with the CRA.
The Finelli Foundation-Fausto and Pasqualina is a private foundation based in Etobicoke, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $82K in revenue and $157K 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 4 qualified donees totalling $150K in 2024, the largest being $100K to Trillium Health Partners Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
Donating to canadian registered charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $82K | $157K | — | — | $150K | $2.6M |
| 2023 | $76K | $123K | — | — | $108K | $2.7M |
| 2022 | $2.9M | $114K | — | — | $105K | $2.8M |
| 2021 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $150K to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Pino Finelli (director); Fausto Finelli (director); Carolina Finelli (directors).
As listed on its 2023 return.
Check the source
Every figure on this page is from The Finelli Foundation-Fausto and Pasqualina’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 766401343RR0001), or read how we compute the receipt.