Jewish Foundation of Greater Toronto

4600 Bathurst Street
Toronto, ON M2R 3V2
Executive Director: Sara Lefton
Board Chair: Ken Tanenbaum

Charitable Reg. #:10815 5797 RR0002

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 2/5]

FINANCIAL TRANSPARENCY

Most recent Audited financial statements available on the charity’s website.

C

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.

98%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 98 cents are available for programs.



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OVERVIEW

About Jewish Foundation of Greater Toronto:

Jewish Foundation of Greater Toronto is a 2-star charity. It has a C Results Reporting grade, which is below average. Its overhead costs are outside of Ci’s reasonable range. The charity’s reserves can cover program costs for 12 years and three months, which is outside of Ci’s reasonable range.

Founded in 1986, Jewish Foundation of Greater Toronto (JFGT), previously United Jewish Welfare Fund of Toronto, collects donations and distributes grants to charities in Canada and Israel. The charity states Jewish Torontonians have consistently been the most targeted victim group for hate crimes. In the fiscal year ending in June (F2024), it granted $69.6m to 698 charities. The charity provides a breakdown of some of its grants.

United Jewish Appeal’s (UJA) Emergency Appeal for the People of Israel received $9.2m. The funds were used for direct aid to victims of terrorism, humanitarian aid for Israelis sheltering across the country, protective equipment and emergency kits for first responders, and assistance for elderly Israelis living in isolation under rocket fire.

UJA’s Holocaust Survivors Support Fund received $2.5m. This fund provides food deliveries, rides to appointments, and day programs for Holocaust survivors. In F2024, around 1,800 survivors received aid.

The Toronto Holocaust Museum received $220k. It opened in June 2023, and it had more than 50,000 visitors in F2023.

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Results and Impact

Ci did not find any quantified outcomes of JFGT’s work. This may not completely reflect the charity’s results and impact.

Jewish Foundation of Greater Toronto is not yet rated on impact (n/r). This does not affect the star rating.

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Finances

Jewish Foundation of Greater Toronto received $84.7m in donations, which is 51% of revenue. It received $141k in government funding and $71.6m in investment income. In F2024, it had a return on investment of 9%, which is higher than its 5-year average of 5%.

The charity granted out $69.6m, which is 42% of revenue. It ran a surplus of $94.6m, which is 57% of revenue. JFGT spent $1.3m on fundraising (2% of donations), and spent $839k on administration, which is 1% of revenue (less investment income). For every dollar donated to the charity, 98 cents are available to go to the cause. This is outside of Ci’s reasonable range.

JFGT has $853.8m in its reserves (cash and investments), which can cover program costs for 12 years and three months. This is outside of Ci’s reasonable range.

The charity has money invested on behalf of related parties totaling $18.2m.

JFGT has outstanding commitments related to private investments of $48.2m.

The charity does not report any paid employees on its T3010 filings with the CRA.

Updated on July 7, 2025 by Joshua Leduc. This update has been sent to the charity and changes may be forthcoming.

Financial Review


Financial Ratios

Fiscal year ending June
202420232022
Administrative costs as % of revenues 0.9%1.3%8.4%
Fundraising costs as % of donations 1.5%2.8%1.8%
Total overhead spending 2.4%4.0%10.2%
Program cost coverage (%) 1,227.1%1,498.2%1,182.8%

Summary Financial Statements

All figures in $000s
202420232022
Donations 84,67536,81260,322
Government funding 1412670
Investment income 71,58056,193(44,570)
Other income 10,02328,6210
Total revenues 166,419121,89315,752
Grants 69,57448,24152,197
Administrative costs 8398245,041
Fundraising costs 1,2581,0111,108
Other costs 19000
Total spending 71,86150,07658,346
Cash flow from operations 94,55871,817(42,594)
Capital spending 000
Funding reserves 853,775722,749641,383

Note: 1. Ci included unrealized gains on investments which affected revenue by $58.7m in F2024, $47.4m in F2023, and ($52.2m) in F2022. 2. Ci included investment income net of investment management fees, which affected revenue and expenses by ($4.4m) in F2024, ($4.1m) in F2023, and ($4.7m) in F2022.

Salary Information

Full-time staff: 0

Avg. compensation: $0

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2024

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.jewishfoundationtoronto.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-631-5703

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Charitable Registration Number: 80340 7956 RR0001