The Gennaro and Rosalia Family Charitable Foundation
Private foundation · Toronto, Ontario · BN 766119010RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($9,658) as filed with the CRA.
The Gennaro and Rosalia Family Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $5.7M in revenue and $9,658 in expenditures.
Its funding that year was roughly 91% 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. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Its filed list of directors and trustees shows 2 names.
In its own words
The purpose of the Foundation is: '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 as defined in subsection 149.1(1) of the Income Tax Act (Canada) as amended from time to time or any successor provision of like import.'
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.7M | $9,658 | $9,658 | — | — | $5.7M |
| 2023 | $5.2M | — | — | — | — | $5.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Peter Marrone (director); Jane Marrone (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Gennaro and Rosalia Family Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 766119010RR0001), or read how we compute the receipt.