DR Foundation
Private foundation · Toronto, Ontario · BN 824652887RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($71,190) as filed with the CRA.
DR Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $70K in revenue and $71K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 67% of peers.
As a grantmaker, it reported gifts to 10 qualified donees totalling $70K in 2024, the largest being $33K to Yeshivat Yesodei Hatora. Revenue has grown substantially over its filings on record here, from $20K in 2020 to $70K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To receive and maintain a fund or funds and to apply all or part of the principle and income therefrom from time to time to charitable organizations that are also registered charities under the income tax act (canada)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $70K | $71K | $435 | — | $70K | -$478 |
| 2023 | $32K | $37K | — | — | $36K | $266 |
| 2022 | $29K | $60K | — | — | $58K | $5,130 |
| 2021 | $35K | $21K | — | — | $19K | $36K |
| 2020 | $20K | $13K | — | — | $12K | $22K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$69,625
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $70K to 10 qualified donees:
- Yeshivat Yesodei Hatora$33K
- Yeshiva Gedolah Zichron Shmayahu$30K
- Netivot Hatorah Day School$3,600
- Moral Arc Foundation$1,000
- Tent City Jewish Congregation$530
- Canadian Friends of Yad Eliezer$500
- Canadian Friends of Laniado Hospital Ontario Region$500
- Congregation Chasidei Bobov$330
- Bais Yaakov Elementary School$150
- Shaarei Shomayim Congregation$140
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Diane Maierovits (president); Albert Maierovits (secretary); Jeremy Maierovits.
As listed on its 2024 return.
Check the source
Every figure on this page is from DR Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 824652887RR0001), or read how we compute the receipt.