Gerald Sheff & Shanitha Kachan Family Foundation
Private foundation · Toronto, Ontario · BN 887908663RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,967,950) as filed with the CRA.
Gerald Sheff & Shanitha Kachan Family 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 $3.6M in revenue and $4M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers.
As a grantmaker, it reported gifts to 40 qualified donees totalling $3.2M in 2024, the largest being $2.1M to United Jewish Appeal of Greater Toronto. Revenue has grown substantially over its filings on record here, from $2.2M in 2020 to $3.6M in 2024. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.6M | $4M | — | — | $3.2M | $67M |
| 2023 | $2M | $3.6M | — | — | $3M | $58.6M |
| 2022 | -$3M | $2.9M | — | — | $2.4M | $54.4M |
| 2021 | $4.6M | $4.5M | — | — | $4.1M | $62.5M |
| 2020 | $2.2M | $1.9M | — | — | $1.3M | $59.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.2M to 40 qualified donees — largest 25 shown:
- United Jewish Appeal of Greater Toronto$2.1M
- United Way of Greater Toronto$195K
- UHN Foundation$141K
- Neshama Hospice$100K
- Aciac$100K
- Shorefast Foundation$50K
- Save a Child's Heart Foundation$50K
- Camp Gesher$50K
- Royal Institution for the Advancement of Learning$40K
- The Toronto Jewish Film Foundation$38K
- Israel Cancer Research Fund (toronto)$34K
- Beth Tzedec Congregation$33K
- McMichael Canadian Art Foundation$30K
- The Governing Council of the University of Toronto$25K
- Les Amis Canadiens de l'Université de Tel Aviv Inc. CanadianFriends of Tel Aviv University Inc.$25K
- Sinai Health Foundation$25K
- Book Clubs for Inmates Inc./ Circles de livres pour detenues Inc.$25K
- Allied Voices for Israel$25K
- The Jerusalem Foundation of Canada Inc. la Fondation Jerusalem du Canada Inc.$20K
- Canadian Centre for Architecture / Centre Canadien d'Architecture$16K
- The Giller Foundation$15K
- Amis Canadiens du Centre Medical Sheba / Canadian Friends of Sheba Medical Center$12K
- Centre for Addiction and Mental Health Foundation$12K
- The Princess Margaret Cancer Foundation$11K
- The Macdonald-Laurier Institute$10K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$90K
Schedule 3 of its 2021 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Gerald Sheff (trustee); Shanitha Kachan (trustee); Sebstiana Larosa (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Gerald Sheff & Shanitha Kachan Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 887908663RR0001), or read how we compute the receipt.