SERRA FOUNDATION OF CANADA
Charitable organizationSupport of religion·1400 - 100 NEW PARK PL · CONCORD, ON · L4K 0J3·BN 862376050RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
What it does — in its own words
Ongoing programs
TO SUPPORT THE CHARITABLE WORKS OF THE CANADIAN SERRA CLUBS' MEMBERS BY PROVIDING EDUCATIONAL MATERIALS ETC. FOR THE GENERAL PUBLIC AND FINANCIAL SUPPORT FOR INDIVIDUALS PERSUING A CATHOLIC RELIGIOUS VOCATION AND THE CATHOLIC INSTITUTIONS THAT EDUCATE THEM. TO FOSTER AND PROMOTE VOCATIONS TO THE MINISTERIAL PRIESTHOOD AND RELIGIOUS LIFE IN THE CATHOLIC CHURCH. WE ARE CONTINUING ON WITH OUR FUNDRAISING GALA DINNER AND LUNCHEON. THIS PROGRAM IS TO HONOR THE CURRENT SEMINARIANS WHO ARE STUDYING IN THE ONTARIO SEMINARIES AND WILL BE ORDAINED AS ROMAN CATHOLIC PRIESTS IN THE CURRENT YEAR FOR THE… Show more
TO SUPPORT THE CHARITABLE WORKS OF THE CANADIAN SERRA CLUBS' MEMBERS BY PROVIDING EDUCATIONAL MATERIALS ETC. FOR THE GENERAL PUBLIC AND FINANCIAL SUPPORT FOR INDIVIDUALS PERSUING A CATHOLIC RELIGIOUS VOCATION AND THE CATHOLIC INSTITUTIONS THAT EDUCATE THEM. TO FOSTER AND PROMOTE VOCATIONS TO THE MINISTERIAL PRIESTHOOD AND RELIGIOUS LIFE IN THE CATHOLIC CHURCH. WE ARE CONTINUING ON WITH OUR FUNDRAISING GALA DINNER AND LUNCHEON. THIS PROGRAM IS TO HONOR THE CURRENT SEMINARIANS WHO ARE STUDYING IN THE ONTARIO SEMINARIES AND WILL BE ORDAINED AS ROMAN CATHOLIC PRIESTS IN THE CURRENT YEAR FOR THE VARIOUS DIOCESES IN CANADA.
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.
Cents to cause
T1 · computed (open data)90¢
Per its F2024 T3010, 90¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)10%
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)39.2 yr
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)$164K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)19%
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 |
|---|---|---|---|---|
| 2019-12-31 | $302K | 96¢ | 4% | 4.3 yr |
| 2020-12-31 | $182K | 94¢ | 6% | 4.4 yr |
| 2021-12-31 | $239K | 77¢ | 23% | 19.1 yr |
| 2022-12-31 | $36K | 96¢ | 4% | 15.6 yr |
| 2023-12-31 | $148K | 89¢ | 11% | 34.7 yr |
| 2024-12-31 | $164K | 90¢ | 10% | 39.2 yr |
| 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
16 directors reported · 12 of 16at arm's length
- CARVALHO, VILA NOVADIRECTORarm's length
- D'AGOSTINI, STEVETREASURERarm's length
- DAMIANI, GEORGEDIRECTORarm's length
- GENNARO, JOHNDIRECTORarm's length
- IACOBELLI, CELESTEDIRECTORarm's length
- MANGIONE, ANTHONYDIRECTORarm's length
- MCQUEEN, MOIRADIRECTORnot at arm's length
- PULUMBARIT, FRANDIRECTORarm's length
- REITZEL, LOUDIRECTORarm's length
- BISCARDI, MARIOPAST PRESIDENTarm's length
Show all 16 directors
- FANTINO, JULIANDIRECTORarm's length
- MCQUEEN, MATTHEWDIRECTORnot at arm's length
- SAVAGE, JOHN PATRICKPRESIDENTnot at arm's length
- SAVAGE, ROSEDIRECTORnot at arm's length
- PASQUALE, MICHAELSECRETARYarm's length
- ROLDAN, MARISSA PEREZDIRECTORarm'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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