The Milos Raonic Foundation
Private foundation · Thornhill, Ontario · BN 824271886RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($20,145) as filed with the CRA.
The Milos Raonic Foundation is a private foundation based in Thornhill, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $3,152 in revenue and $20K 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 72% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $20K in 2024, the largest being $10K to Horatio Alger Association of Canada Foundation. Revenue has declined over its filings on record here, from $67K in 2020 to $3,152 in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Provides grants to other registered charities mostly to those which serve the needs of children who are physically challenged.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3,152 | $20K | — | — | $20K | $376K |
| 2023 | $272 | $28K | — | — | $25K | $397K |
| 2022 | $1,123 | $25K | — | — | $20K | $425K |
| 2021 | $62K | $23K | — | — | $20K | $425K |
| 2020 | $67K | $65K | — | — | $61K | $386K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $20K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Dusan Raonic (director); Milos Raonic (director); Vesna Raonic (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Milos Raonic Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 824271886RR0001), or read how we compute the receipt.