United Jewish Welfare Fund of Toronto

4600 Bathurst Street
Toronto, ON M2R 3V2
Board Chair: Morris Perlis
Board Vice-Chair: Bruce Leboff

Website: www.jewishtoronto.com
Charitable Reg. #: 10815 5797 RR0002
Sector: Fundraising Organization
Public Foundation

Social Results Reporting

Grade: B-

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

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #73

Avg. Compensation $121,882

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 2
$200k - $250k 2
$160k - $200k 6
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About United Jewish Welfare Fund of Toronto:

The United Jewish Welfare Fund of Toronto is a Jewish communal organization dedicated to preserving and strengthening the quality of Jewish life in Greater Toronto, Israel and around the world. Together with the United Jewish Appeal of Greater Toronto, the organization operates as United Jewish Appeal Federation of Greater Toronto (UJA). Historically, grants from the United Jewish Welfare Fund were directed to domestic receiptients in Canada. Beginning July of 2016, the United Jewish Welfare Fund is being renamed the Jewish Foundation of Greater Toronto and will only house theEndowment Fund.All remaining operations will be moved to the United Jewish Appeal of Greater Toronto.

The United Jewish Welfare Fund's ongoing programs include assessing the social, educational, and communal needs of the Jewish community, allocating funds to qualified donees, raising funds for the Endowment Fund, allocating funds from the Endowment Fund to other qualified donees and charitable programs, and carrying out welfare, educational, cultural, and religious activities. The Welfare Fund's largest grant is directed towards Jewish day school affordability. These funds provide grants and subsidies to2,200students from lower and middle-income families in 14 Jewish day schools.

United Jewish Appeal Federation of Greater Toronto partners with 32 Toronto Jewish agencies, 52 affiliated schools, 18 Jewish Camps worldwide, and over 100 global Jewish agencies. UJA's strategic plan aims to help Jewish people living below the poverty line, engage young Jews in Toronto with their peers in Israel, increase philanthropic work in Israel, advocate on behalf of Israeli and Jewish people, engage the young generation in Jewish life, and invest in Jewish education.

In F2015, UJA allocated its spending over several programs: Israel and Overseas programs (32% of spending), Jewish Education (26% of spending), Social Services (16% of spending), Identity, Culture and Community Centres (15% of spending), domestic advocacy (5% of spending), national programs (2% of spending) and reserves (4% of spending).

Financial Review:

The United Jewish Welfare Fund of Toronto is a Major 100 charity, with donations of $75.8m in F2015. Its administrative costs were 16% of total revenues and, excluding the proceeds received from the United Jewish Appeal, its fundraising costs were 5% of donations. For every $1 donated to the charity, 79 cents is put towards its programs, falling within Ci's reasonable range. United Jewish Welfare Fund's funding reserves of $221.1m include $58.7m in donor-endowed funds. This means that it can cover 2.4 years of its annual programs using its existing reserves, excluding donor-endowed funds. The foundation did not report the value of the donor-endowed funds in F2013 and F2014. The program cost coverage ratio, including donor-endowed funds, rose significantly in F2015 due to a $14.1m decrease in grants distributed in F2015.

This charity report is an update that is being reviewed by United Jewish Welfare Fund of Toronto. Changes and edits may be forthcoming.

Updated on June 23, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 16.1%17.8%17.4%
Fundraising costs as % of donations 4.6%6.3%7.6%
Program cost coverage (%) 318.5%230.7%261.0%

Summary Financial Statements

All figures in $000s
Donations 75,82367,18772,397
Government funding 7865,650263
Fees for service 18,72916,55214,863
Business activities (net) 4,2463,3533,181
Investment income 4,4264,0193,898
Total revenues 104,01096,76194,602
Program costs 13,79013,09512,132
Grants 55,63969,77855,648
Administrative costs 15,97916,50315,752
Fundraising costs 2,1312,0153,136
Other costs 2,5582,6442,940
Cash flow from operations 13,913(7,274)4,994
Funding reserves 221,096191,218176,892
Note: Ci has excluded the proceeds received from the United Jewish Appeal from the fundraising costs as a percentage of donations. Ci has adjusted changes in the amount due from UJA of Greater Toronto and the catering operation’s costs affecting revenues by $578k in F2015, ($2.9m) in F2014, and by $455k in F2013. Ci has adjusted property and equipment amortization and the catering operation’s costs affecting expenses by ($5m) in F2015, by ($6.1m) in F2014, and by ($6.4m) in F2013.

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