B'Nai Levy Foundation

About B'Nai Levy Foundation:

B’Nai Levy Foundation collects money to support Jewish education and maintain a house of worship, a Synagogue. It aims to strengthen the spiritual, ethical, and moral values of Jewish culture. The charity is located in the community of Kiryas Tosh which is home to approximately 3,000 Hasidic Jews. B’Nai Levy Foundation discloses operations in Canada, USA, and Israel but does not specify how much of its programming occurs in each of the countries.

In F2016, B’Nai Levy Foundation allocated $7.1 million to community programs including food, clothing, and welfare. Education programs received $2.5 million relating to food, kitchen supplies, salaries, and transportation.

In F2016, the charity reports granting $2.6 million to other charities. Kehilas Tosh received 26% of its total revenues ($1.4 million) from B’Nai Levy Foundation grants. Kehilas Tosh operates in the Canadian Kiryas Tosh community, giving money to poor people and providing scholarships to students.

Financial Review:

The charity’s financial statements have not been audited. Canadian Charities Directorate recommends that charities with income over $250k have audited financial statements.

B’Nai Levy Foundation is a Large charity, with donations of $11.5m in F2016. Administrative costs are 15% of revenues and fundraising costs are 1% of donations. For every $1 donated, 84 cents go to the cause, falling well within Ci’s reasonable range for overhead spending. B’Nai Levy Foundation has $5.2m in funding reserves which could cover program costs for over five months.

Ci used the most recent financial information available at the time of writing this report. No website or email address associated with this charity have been identified.

Created on August 8, 2018 by Madison Kerr.