Circle of Life Charitable Foundation
Public foundation · Toronto, Ontario · BN 788776094RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,106,295) as filed with the CRA.
Circle of Life Charitable Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $5.5M in revenue and $4.1M in expenditures.
Its funding that year was roughly 97% from donations. In 2024, 3 other registered charities reported granting it a combined $133K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 25% of peers.
As a grantmaker, it reported gifts to 16 qualified donees totalling $3M in 2024, the largest being $1.5M to New Horizons Canadian Charity. Its filed list of directors and trustees shows 3 names.
In its own words
Solicit donations and disburse for: - welfare; - education ; - poverty in the community; - donate to sister charities to carry out the mandate
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.5M | $4.1M | — | — | $3M | $10.6M |
| 2023 | $6M | $3.6M | — | — | $2.5M | $9.2M |
| 2022 | $7.9M | $3.5M | — | — | $2.6M | $6.7M |
| 2021 | $2.3M | $3.4M | — | — | $2.8M | $2.3M |
| 2020 | $5.9M | $3.8M | — | — | $3.5M | $3.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3M to 16 qualified donees:
- New Horizons Canadian Charity$1.5M
- Kav Shalom KHM$1.1M
- Kollel Daf Yomi Institute$350K
- Jewish Heritage Foundation International$26K
- Agudat Chasidei Chabad-Ontario$18K
- Associated Hebrew Schools of Toronto$18K
- Bialik Hebrew Day School$14K
- Kayla's Children Centre$13K
- Canadian Friends of Cuban Jewry$11K
- Jewish Russian Speaking Community of Toronto$10K
- Bais Menachem$7,500
- Bais Chaya Mushkah School for Girls$5,500
- Shmuel Zahavy Cheder Chabad School$5,175
- Gmilat Chesed.-Anshei Lubavitch$1,080
- Chabad Jewish Centre of Woodbridge$360
- L'Académie Beth Rivkah pour filles$180
Received $133K from 3 charities:
- Yaldei Aharon$118K
- The Rodov Foundation$10K
- Bais Tefilloh Franklin$4,900
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Harry Goodman (director); Stephen Maizels (director); Henry Godfryd (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Circle of Life Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 788776094RR0001), or read how we compute the receipt.