The Racioppo Family Foundation
Private foundation · Toronto, Ontario · BN 810833830RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($898,613) as filed with the CRA.
The Racioppo Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $4.8M in revenue and $899K in expenditures.
Its funding that year was roughly 40% 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 79% of peers.
As a grantmaker, it reported gifts to 27 qualified donees totalling $875K in 2024, the largest being $425K to St. Anselm's Parish. Revenue has grown substantially over its filings on record here, from $1.5M in 2020 to $4.8M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The purpose of the foundation is to maintain a fund and to apply all or part of the principal and income to charitable organizations that are registered charities under the ita (canada)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.8M | $899K | — | — | $875K | $22.4M |
| 2023 | $2.2M | $874K | — | — | $854K | $18.5M |
| 2022 | $1.3M | $514K | — | — | $499K | $17.2M |
| 2021 | $4.6M | $403K | — | — | $389K | $16.4M |
| 2020 | $1.5M | $366K | — | — | $353K | $12.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $875K to 27 qualified donees — largest 25 shown:
- St. Anselm's Parish$425K
- Sunnybrook Health Sciences Centre Foundation$252K
- The Factory Theatre Lab$50K
- The Hospital for Sick Children Foundation$35K
- Royal Institution for the Advancement of Learning$25K
- Brown University$14K
- Civix$10K
- Assumption University$9,000
- Community Music Schools of Toronto Foundation$7,500
- The Princess Margaret Cancer Foundation$6,015
- Women's College Hospital Foundation$5,000
- Crescent School Foundation$5,000
- The Canadian National Institute For The Blind$5,000
- Centre for Addiction and Mental Health Foundation$5,000
- The Canadian Stage Corporation$4,000
- 60 Million Girls / 60 Millions de Filles$4,000
- The Governing Council of the University of Toronto$3,000
- Soulpepper Theatre Company$2,500
- Shaw Festival Theatre Canada$2,000
- La Fondation Quebecoise Fauna/the Quebec Fauna Foundation$1,500
- Tarragon Theatre$1,000
- Saint Elizabeth Foundation$1,000
- Crow's Theatre$1,000
- Hospice Vaughan$500
- BC Cancer Foundation$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Leonard Racioppo (director); Vivian Racioppo (director); John Racioppo (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Racioppo Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 810833830RR0001), or read how we compute the receipt.