Damiani Foundation
Private foundationFoundations·228 DEER RUN COURT · WOODBRIDGE, ON · L4L 9J4·BN 827586959RR0001
Last reported: F2024 filing · period ending 2024-11-30
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
This charity filed the simplified return, so some figures can't be computed. Fewer numbers, never invented ones.
What it does — in its own words
Ongoing programs
The primary objective of the Foundation is to provide financial support to Canadian qualified charitable religious health and educational organizations. To fulfill this mandate the Foundation provides grants and donations to such organizations enabling them to carry out their activities and serve their communities. The Foundation's funds and donations are invested by its directors in a manner that is reasonable and prudent. The investment strategy aims to generate income which is then utilized to fund grants and donations throughout the year. The Foundation's grants and donations su… Show more
The primary objective of the Foundation is to provide financial support to Canadian qualified charitable religious health and educational organizations. To fulfill this mandate the Foundation provides grants and donations to such organizations enabling them to carry out their activities and serve their communities. The Foundation's funds and donations are invested by its directors in a manner that is reasonable and prudent. The investment strategy aims to generate income which is then utilized to fund grants and donations throughout the year. The Foundation's grants and donations support activities including but not limited to the provision of healthcare services education and training research and development and the promotion of religious values and practices.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Disbursed to qualified donees
T1 · computed (open data)100%
Per its F2024 T3010, this share of total spending went to other registered charities.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)—
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)—
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$65K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)61%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-11-30 | $27K | — | — | — |
| 2020-11-30 | $-25K | 100¢ | — | 162,158 yr |
| 2021-11-30 | $18K | — | — | — |
| 2022-11-30 | $19K | — | — | — |
| 2023-11-30 | $32K | — | — | — |
| 2024-11-30 | $65K | — | — | — |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
3 directors reported · 0 of 3at arm's length
- DAMIANI, GEORGEDIRECTORnot at arm's length
- DAMIANI, VICTORIADIRECTORnot at arm's length
- DAMIANI, ELIZABETHDIRECTORnot at arm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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