Canadian Friends of Tel Aviv University
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
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.
83%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 83 cents are available for programs.
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OVERVIEW
About Canadian Friends of Tel Aviv University :
Canadian Friends of Tel Aviv is a 3-star charity. The charity has a C Results Reporting grade, which is below average. Its overhead spending is 17%, within Ci’s reasonable range, and its reserve funds can cover just over 4 months of annual program costs. This is within Ci’s reasonable range.
Founded in 1972, Canadian Friends of Tel Aviv University (CFTAU) raises money in Canada for Tel Aviv University (TAU) in Israel. The foundation has offices in Montreal and Toronto. Money sent to TAU funds education, research, and its emergency fund. Donations go towards financial aid, academic assistance, and mental health support for Tel Aviv University students. In F2024, the foundation granted $6.1m to Tel Aviv University compared to $5.5m in F2023.
According to Canadian Friends of Tel Aviv University, TAU had 28,036 students, including 1,264 international students, as of F2024. It reports that Tel Aviv University is the largest university in Israel and the largest Jewish university in the world. According to its 2025 World University Rankings, Times Higher Education ranked Tel Aviv University in the top 201 to 250th bracket in the world.
Tel Aviv University has nine Canadian partners, including: Carleton University, McGill University, Toronto Metropolitan University, Simon Fraser University, University of British Columbia, University of Montreal, University of Ottawa, University of Toronto, and York University.
In F2024, TAU created its Tel Aviv University Fund to support those affected by the war in Gaza. TAU launched a temporary PTSD treatment clinic in January 2024 with a team of 33 psychologists. The university introduced its Exploration, Leadership, and Innovation (ELI) gap year program focused on cultivating academic excellence and college-readiness. The first cohort will begin in September 2024.
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Results and Impact
Tel Aviv University was ranked 22nd in Emerging’s global rating for digital learning in 2021. The university was also ranked as 5th in the world for Entrepreneurship by Startup Genome in 2021. TAU ranked 7th in the world for Global Entrepreneurship by Pitchbook University Rankings in 2024.
Tel Aviv University reported how it used grants received in F2024, including projects funded by Canadian donations.
In F2022, Asper foundation donated $400k to TAU and established the Asper Clean Water Fund. Professor Hadas Mamane and her team developed SoLED, a laptop-sized device that kills 99.9% of bacteria and viruses from water without the use of chemicals. The device is in the testing phase.
In F2022, TAU launched The Irwin Cotler Institute for Democracy, Human Rights, and Justice, which is focused on conducting policy-oriented research on human rights. preserving Holocaust remembrance and combatting antisemitism and racism.
In F2024, TAU introduced the Charles, Evelyne, and Sandra Dolansky Research and Treatment Program for Suicide Prevention, an initiative that researches new treatment for depression, deliver critical care on TAU’s campus, and to reduce stigma surrounding mental health.
The university listed additional projects funded by Canadian donations in its 2024 annual report.
This may not be a complete representation of Canadian Friends of Tel Aviv University’s results and impact.
This foundation is not yet rated on impact (n/r), this does not affect its star rating.
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Finances
Canadian Friends of Tel Aviv University’s audited financial statements follow line-item costing, which is not a best practice.
Canadian Friends of Tel Aviv University received donations and special events of revenue of $7.2m.
The foundation reported administration costs of $1.3m in F2024, which is 14% of revenue less investment income. The foundation reported fundraising costs of $186k in F2024, which is 2% of donations. This means that total overhead costs are 18%. For every dollar donated, 82 cents are available to go to the cause. This is within Ci’s reasonable range.
In F2024, the foundation recorded a surplus of $898k. The foundation reported net funding reserves of $3.3m, of which $1.2m is endowed by donors. Excluding donor-endowed funds, CFTAU’s funding reserves can cover 34%, or 4 months of annual grants and program costs.
Profile updated by Leah Holmes on June 26, 2025. This charity report is an update that has been sent to the charity for review. Comments and corrections may be forthcoming.
Learn More:
Asper Foundation – SoLED Safe Water Research Project
Irwin Cotler Institute: Democracy, Human Rights, Justice
Charles, Evelyn, and Sandra Dolansky Research and Treatment Program for Suicide Prevention
Financial Review
Fiscal year ending September
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 14.5% | 14.5% | 7.3% |
| Fundraising costs as % of donations | 2.5% | 6.9% | 0.7% |
| Total overhead spending | 16.9% | 21.5% | 8.0% |
| Program cost coverage (%) | 37.4% | 11.3% | 112.1% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 7,443 | 5,954 | 13,013 |
| Government funding | 0 | 0 | (15) |
| Special events | 54 | 1,339 | 37 |
| Investment income | 6 | 1 | 9 |
| Other income | 1,358 | 1,473 | 956 |
| Total revenues | 8,862 | 8,767 | 14,000 |
| Program costs | 83 | 91 | 75 |
| Grants | 6,101 | 12,345 | 6,620 |
| Administrative costs | 1,281 | 1,274 | 1,027 |
| Fundraising costs | 186 | 505 | 88 |
| Other costs | 38 | 148 | (267) |
| Total spending | 7,688 | 14,363 | 7,543 |
| Cash flow from operations | 1,173 | (5,596) | 6,457 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 3,366 | 2,091 | 7,757 |
Note: Ci adjusted deferred donations, affecting total revenues by $963k in F2024, ($6.0m) in F2023, and $6.4m in F2022. Other costs include interest and bank charges, and loss on foreign exchange from the operating fund.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
2 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
4 |
< $40k |
2 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Charity Contact
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