Everlight Charitable Foundation
Private foundation · North York, Ontario · BN 119229466RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($46,642,014) as filed with the CRA.
Everlight Charitable Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $46.2M in revenue and $46.6M in expenditures.
Its funding that year was roughly 99% from donations. In 2024, 1 other registered charity reported granting it a combined $3,070.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 94% of peers. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 3 permanent full-time positions.
As a grantmaker, it reported gifts to 29 qualified donees totalling $155K in 2024, the largest being $22K to Yeshiva Gedolah of Toronto. Revenue has grown substantially over its filings on record here, from $23.7M in 2020 to $46.2M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Selection of and disbursements to qualified donees and the operation of talmudic religious learning centres
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $46.2M | $46.6M | $46.4M | — | $140K | $477K |
| 2023 | $31.4M | $31M | $30.9M | — | $157K | $918K |
| 2022 | $34M | $34.6M | $34.4M | — | $159K | $513K |
| 2021 | $20.6M | $20.6M | $19.8M | — | $245K | $1.1M |
| 2020 | $23.7M | $24.6M | $24.3M | — | $273K | $595K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $155K to 29 qualified donees — largest 25 shown:
- Yeshiva Gedolah of Toronto$22K
- Eitz Chaim Schools$18K
- Institute for Advanced Judaic Studies$17K
- Beth Jacob High School for Girls$15K
- Yeshivat Yesodei Foundation$13K
- Moral Arc Foundation$12K
- Toronto Cheder$12K
- Talmudical Academy Of Toronto Mishkan HaTorah Charitable Trust$8,000
- Les Amis Canadiens du Seminaire Yeshivah Mirer de Jerusalem Inc./canadian Friends of the Seminary Yeshivah Mirer of Jerusalem Inc.$6,000
- The Toronto Sephardic Kollel$5,500
- Sinai Child CARE Services$5,000
- Kesher Outreach Organization$5,000
- Moral Arc Foundation$4,780
- Canadian Friends of Yeshivat Aish Hatorah$2,500
- The Toronto Mikvah Society$1,800
- Agudath Israrl Congregation of Toronto$1,360
- Kav Shalom KHM$1,300
- Yeshiva Mishkan Yosef$1,200
- Tomchei Shabbos of Montreal$1,000
- Congregation Tiferes Yaakov$894
- CANADIAN FRIENDS OF MERKAZ HAKOLILIM D'Shikun Square$650
- Paths of Torah School$600
- Yeshiva Torah Vadaath$500
- Canadian Friends of Yeshiva Lomza$360
- Caring Kindness Charitable Organization$330
Received $3,070 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $80,000–119,9992 positions
- Permanent full-time positions3
- Total compensation, all staff$754K
Schedule 3 of its 2022 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Aryeh Hofstedter (director); David Hofstedter (director); Moshe Hofstedter (director); Zev Hofstedter (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Everlight Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119229466RR0001), or read how we compute the receipt.