Jewish National Fund of Canada
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
D+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
43%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 43 cents are available for programs.
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OVERVIEW
About Jewish National Fund of Canada:
Founded in 1901, Jewish National Fund of Canada (JNF) is the Canadian branch of Jewish National Fund, working to develop the land and infrastructure of Israel. JNF is committed to reclaiming the Jewish homeland and to making Israel beautiful, strong, and peaceful. By 2007, Jewish National Fund owned 13% of the land in Israel, much of which is in the Negev area. The charity has planted over 240 million trees, turning 700,000 acres of desert into livable land.
In F2018, JNF allocated $10.6m to fund its projects in Canada and Israel. Its Canadian projects focus on outreach and education in Jewish communities. Its Israeli projects fall into five categories: forestry & environment, community development, research & development, tourism & recreation, and education. In F2018, $6.6m of its project funding went through its Israeli partner, Keren Kayemeth Le’Israel.
In F2020, JNF ran a campaign to supply Israeli hospitals with ventilators. It reports raising more than $200k to fund 5 ventilators.
Recent News: January 4, 2019 CBC and other media report on Canadian donations to JNF Canada used to fund projects linked to Israeli military, which contravenes Canada's charity laws.
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Results and Impact
Charity Intelligence was unable to find any quantified outcomes on the charity's website.
Jewish National Fund Canada’s impact has not yet been rated (n/r).
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Finances
Jewish National Fund of Canada received Canadian donations and special events fundraising of $11.6m in F2018. Administrative costs are 31% of revenues and fundraising costs are 27% of donations. This results in total overhead spending of 57%. For every $1 donated, 43 cents go to the cause. This falls outside of Ci’s reasonable range. JNF’s overhead costs have consistently fallen outside Ci’s reasonable range for overhead spending since it was first analyzed in F2011, except in F2016.
The charity has $19.9m in funding reserves which could cover its F2018 granting level for 1.9 years.
Since 2015, Jewish National Fund of Canada’s financial statements have noted that the charity is responding to non-compliance issues raised in a CRA Charities Directorate audit. (see Audited Financial statements link above, Financial Note 15). No further information is currently available.
This charity report is an update that has been sent to Jewish National Fund of Canada for review. Comments and edits may be forthcoming.
Updated July 21, 2021 by Asha McMullin. This is the most recent information available. We have filed access to information requests for JNF's audited financial statements for 2019 and 2020 and are waiting to receive these.
Financial Review
Fiscal year ending December
|
2018 | 2017 | 2016 |
---|---|---|---|
Administrative costs as % of revenues | 30.9% | 16.2% | 10.3% |
Fundraising costs as % of donations | 26.6% | 27.4% | 16.7% |
Total overhead spending | 57.4% | 43.6% | 26.9% |
Program cost coverage (%) | 187.7% | 366.4% | 153.0% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
---|---|---|---|
Donations | 5,299 | 7,499 | 6,348 |
Goods in kind | 0 | 0 | 8,419 |
Special events | 6,263 | 5,120 | 14,069 |
Investment income | 57 | 78 | 225 |
Other income | 0 | 200 | 0 |
Total revenues | 11,619 | 12,897 | 29,061 |
Program costs - International | 4,008 | 508 | 11,033 |
Grants | 6,602 | 5,193 | 0 |
Administrative costs | 3,569 | 2,076 | 2,955 |
Fundraising costs | 3,073 | 3,463 | 3,403 |
Total spending | 17,252 | 11,240 | 17,391 |
Cash flow from operations | (5,633) | 1,657 | 11,671 |
Capital spending | 14 | 7 | 7 |
Funding reserves | 19,917 | 20,892 | 16,885 |
Note: Ci did not include increase in cash surrender value of life insurance policies in revenues, decreasing revenues by $3k in F2018, $4k in F2017, and $4k in F2016. Ci reported donated land worth $8.4m in F2016 as goods in kind, backing the amounts out of donations. Ci reported non-tax-receipted donations from the charity’s T3010 in special events income. Ci included unrealized investment gain in revenues affecting revenues by ($1.4m) in F2018, and $208k in F2017. Ci also included recovery on and impairment of real estate assets in investment income affecting revenues by $229k in F2018 and ($896k) in F2017.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
2 |
$80k - $120k |
5 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2019
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Comments & Contact
Comments added by the Charity:
Charity Contact
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