Jewish Foundation of Greater Toronto

4600 Bathurst Street
Toronto, ON M2R 3V2
Board Chair: Leonard Abramsky
Director: Angela D'Aversa

Charitable Reg. #:10815 5797 RR0002


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

[Charity Rating: 2/5]


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



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 96 cents are available for programs.

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About Jewish Foundation of Greater Toronto:

Jewish Foundation of Greater Toronto is a 2-star rated charity. It has a below average results reporting grade and overhead costs outside of Ci’s reasonable range. The charity has $641.4m in reserve funds, of which $58.7m are donor endowed. Non-donor-endowed reserve funds can cover over a decade of annual program costs. Before you give, read Charity Intelligence’s report. 

Jewish Foundation of Greater Toronto (previously United Jewish Welfare Fund of Toronto) collects donations and distributes grants to charities in Canada and Israel. The foundation aims to sustain Jewish people, enhance their lives, and strengthen the Jewish community. In F2022, the foundation distributed $52.2m worth of grants to over 700 organizations. In comparison, it granted $39.9m to over 350 organizations in F2021. Grantees include hospitals, food banks, Canadian universities, and Israeli foundations. The charity adds that in F2022, it had $648.8m assets under management, a 96% increase over five years. Jewish Foundation of Greater Toronto invests its pooled assets with the goal to produce long-term returns, with a reasonable level of risk. In F2022, its investment return after investment fees was ($39.9) million or -7.3%. The estimated average annual return since 2016 has been 3.3%.

In F2022, the charity’s grants went towards helping those affected by the war in Ukraine, supporting Holocaust survivors, making day school affordable and tackling antisemitism. The charity does not disclose how much it granted in each area.

Jewish Foundation of Greater Toronto works with the United Jewish Appeal of Greater Toronto. In F2017, significant changes were made to the corporate structure to increase the partnership’s efficiency. The United Jewish Appeal of Greater Toronto also controls 13 other organizations.

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Results and Impact

Charity Intelligence did not find any quantified outcomes on Jewish Foundation of Greater Toronto’s website. This may not be a complete representation of Jewish Foundation of Greater Toronto's results and impact.

This charity is not yet rated for impact (n/r).

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Jewish Foundation of Greater Toronto is not fully financially transparent. It only posts its most recent year of financial statements on its website.

Jewish Foundation of Greater Toronto received donations of $60.3m in F2022, a $57.7m drop compared with $118.1m in donations in F2021. Administrative costs are 2% of revenues (excluding investment income) and fundraising costs are 2% of donations. This results in overhead costs of 4%. For every dollar donated, 96 cents are available for programs, which is outside of Ci’s reasonable range for overhead spending.

The foundation has $641.4m in reserve funds, of which $58.7m are donor endowed. Excluding donor-endowed funds, the foundation could cover 11 years and ten months of grants at the F2022 level with reserves. The foundation reports a -4.7% investment return in F2022.

The charity does not report any employees on its CRA filings.

This charity report is an update that has been sent to Jewish Foundation of Greater Toronto for review. Changes and edits may be forthcoming.

Updated on August 25, 2023 by Victoria Allder.

Financial Review

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 2.5%1.0%0.7%
Fundraising costs as % of donations 1.8%0.8%0.9%
Total overhead spending 4.3%1.8%1.6%
Program cost coverage (%) 1,182.8%1,597.5%1,090.9%

Summary Financial Statements

All figures in $000s
Donations 60,322118,06789,145
Investment income (39,912)80,67613,143
Total revenues 20,410198,743102,288
Program costs 000
Grants 52,19739,90241,690
Administrative costs 1,4911,217600
Fundraising costs 1,108889788
Other costs 4,6583,7792,848
Total spending 59,45445,78745,926
Cash flow from operations (39,044)152,95656,362
Capital spending 000
Funding reserves 641,383649,244481,471

Note: Ci accounted for the fair value changes in investments in the calculation of investment income, affecting investment income by ($52.2m) in F2022, $71.6m in F2021 and $4.2m in F2020. Ci reported administrative and fundraising costs from the charity's T3010 filings with CRA. Ci included investment counsel and custodial fees in other expenses. The charity's audited financial statements report different numbers for the fair value change in investments on its income statement and cash flow statement in F2022. Ci reported the amount on the cash flow statement.

Salary Information

Full-time staff: 0

Avg. compensation: $0

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (416) 635-2883


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Charitable Registration Number: 80340 7956 RR0001