The Romano D'Andrea Foundation
Private foundation · York, Ontario · BN 741252472RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($54,100) as filed with the CRA.
The Romano D'Andrea Foundation is a private foundation based in York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $16K in revenue and $54K 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 18% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $35K in 2024, the largest being $20K to Performing Arts Information Service Toronto. Revenue has declined over its filings on record here, from $409K in 2021 to $16K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
We are a Private Foundation. We did not carry out any programs on our own. We only made donations to qualified Donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $16K | $54K | — | — | $35K | $387K |
| 2023 | $68K | $24K | — | — | $15K | $425K |
| 2022 | $1,523 | $22K | — | — | $15K | $382K |
| 2021 | $409K | $6,290 | — | — | — | $403K |
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$10,029
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 $35K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Romano D'Andrea (director); Jeff Preyra (treasurer); Tonio D'Andrea (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Romano D'Andrea Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 741252472RR0001), or read how we compute the receipt.