The Levante Foundation
Private foundation · Dundas, Ontario · BN 812831329RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($123,186) as filed with the CRA.
The Levante Foundation is a private foundation based in Dundas, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $215K in revenue and $123K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 63% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $115K in 2024, the largest being $100K to Alzheimer Society of Canada. Revenue has grown substantially over its filings on record here, from $101K in 2020 to $215K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The levante foundation grants funds to various qualified donees across canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $215K | $123K | — | — | $115K | $3.1M |
| 2023 | $305K | $94K | — | — | $75K | $3M |
| 2022 | $86K | $151K | — | — | $95K | $2.8M |
| 2021 | $116K | $184K | — | — | $122K | $2.9M |
| 2020 | $101K | $101K | $2,000 | — | $38K | $2.9M |
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$214,696
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 $115K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Petersen (secretary); Kimberly Petersen (president); Lauren Petersen (treasurer); Stefan Petersen (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Levante Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 812831329RR0001), or read how we compute the receipt.