Jewish Heritage Foundation 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.
F
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.
100%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 100 cents are available for programs.
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OVERVIEW
About Jewish Heritage Foundation of Canada:
Jewish Heritage Foundation of Canada is a 0-star charity. The charity is one of Canada's biggest charities with $87.0m in donations last year. Despite this, it is not financially transparent and does not publish information on the results of its programs. For each dollar donated, the charity reports that 100 cents go to the cause. This is outside of Ci's reasonable range due to low reported fundraising and administrative costs. Before you give, read Charity Intelligence's report.
Established in 1976, Jewish Heritage Foundation of Canada is a public foundation that supports schools providing education on Jewish heritage and culture. It also gives bursaries to underprivileged children. According to its F2022 T3010 filing with the CRA, it spent $71.0m on activities and programs outside of Canada. It also granted $8.1m to qualified donees in Canada.
Jewish Heritage Foundation of Canada’s T3010 filing with the CRA lists its directors as: Rabbi Boruch Rand, Hennie Tepler, and Levy Wagowsky. Hennie Tepler is also a trustee for The Dana Charitable Foundation.
Jewish Heritage Foundation of Canada does not have a website. Information in this report was gathered through Jewish Heritage Foundation of Canada’s T3010 filing with the CRA.
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Results and Impact
Charity Intelligence did not find any quantified outcomes for Jewish Heritage Foundation of Canada. This may not be a complete representation of Jewish Heritage Foundation of Canada’s results and impact.
This charity is not yet rated for demonstrated impact (n/r).
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Finances
Jewish Heritage Foundation of Canada is not financially transparent. Charity Intelligence used Jewish Heritage Foundation of Canada’s T3010 filing with the CRA to complete this review.
Jewish Heritage Foundation of Canada received $87.0m in donations in F2022. This is a 38% increase from $63.0m in F2021. Reported administrative costs are less than 1% of total revenues. Jewish Heritage Foundation of Canada did not report any fundraising costs. For each dollar donated, 100 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending.
Funding reserves of $5.6m can cover less than 1 month of program costs at the F2022 level.
Since F2020, Jewish Heritage Foundation of Canada reports sending $180.5m to individuals and organizations outside of Canada. Over the past three years, it sent the most money to three donees in Israel and the United States: $17.5m to Shachar Tzidkecha (Israel), $14.7m to Congregation Zichron Yoel Hirsch (US), and $12.9m to Congregation Zichron Yosef Mordechai (US).
Since F2020, Jewish Heritage Foundation of Canada reports grants to qualified donees of $18.1m. Over the past three years, its largest gifts were $2.6m to Kollel Daf Yomi Institute, $2.4m to Beth Medrash Gavoha (a New Jersey charity and higher education institute), and $1.4m to Kupas Hachesed Meroroth. Kupas Hachsed Meoroth’s charitable status was revoked following an audit in 2022.
Jewish Heritage Foundation of Canada does not report any salaried employees on its T3010 filing with the CRA.
Ci was unable to contact Jewish Heritage Foundation of Canada for the review of this profile.
Updated on July 27, 2022 by Emily Downing.
Financial Review
Fiscal year ending May
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 0.3% | 0.4% | 0.2% |
| Fundraising costs as % of donations | 0.0% | 0.0% | 0.0% |
| Total overhead spending | 0.3% | 0.4% | 0.2% |
| Program cost coverage (%) | 6.7% | 4.0% | 1.6% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 87,003 | 63,034 | 65,751 |
| Government funding | 0 | 10 | 5 |
| Investment income | 15 | 170 | 0 |
| Total revenues | 87,019 | 63,215 | 65,756 |
| Program costs - International | 70,957 | 53,485 | 56,025 |
| Program costs - Canada | 4,568 | 4,247 | 3,438 |
| Grants | 8,089 | 3,836 | 6,189 |
| Administrative costs | 249 | 231 | 143 |
| Fundraising costs | 0 | 0 | 0 |
| Total spending | 83,863 | 61,798 | 65,796 |
| Cash flow from operations | 3,156 | 1,416 | (40) |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 5,583 | 2,438 | 1,035 |
Note: In F2021, donations on schedule 6 of Jewish Heritage Foundation of Canada’s T3010 filing with the CRA were improperly reported in thousands of dollars not dollars. Ci reported this amount in dollars when completing the financial review.
Salary Information
$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 F2022
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Comments & Contact
Comments added by the Charity:
Charity Contact
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