The Lakeview/montemarano Charitable Foundation
Private foundation · North York, Ontario · BN 845545763RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($50,118) as filed with the CRA.
The Lakeview/montemarano Charitable Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $43K in revenue and $50K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 94% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 74% of peers.
As a grantmaker, it reported gifts to 12 qualified donees totalling $47K in 2024, the largest being $10K to The Hospital for Sick Children Foundation. Revenue has grown substantially over its filings on record here, from $394 in 2020 to $43K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Gifting of funds to Charitable Organizations that are registered 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 | $43K | $50K | $0 | — | $50K | $62K |
| 2023 | $82K | $53K | $0 | — | $53K | $70K |
| 2022 | $80K | $59K | — | — | $59K | $41K |
| 2021 | — | $53K | — | — | $53K | $19K |
| 2020 | $394 | $1,145 | $0 | — | $0 | $32K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Receipted donations$40,000
- Other income$2,643
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 $47K to 12 qualified donees:
- The Hospital for Sick Children Foundation$10K
- The Hospital for Sick Children Foundation$10K
- Sunnybrook Health Sciences Centre Foundation$7,500
- Humber River Health Foundation$6,000
- Shelter Movers$5,000
- Lymphoma Research$3,523
- Hospice Vaughan$3,000
- Canadian Cancer Society$1,250
- Humber River Health Foundation$400
- The Baycrest Centre Foundation$250
- The Princess Margaret Cancer Foundation$250
- Hockey Helps the Homeless/hockey Aide les Sans-Abri$250
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Antonio Montemarano (director); Rino Montemarano (director); Anthony Montemarano (director); Robert Montemarano (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Lakeview/montemarano Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 845545763RR0001), or read how we compute the receipt.