Hadover Foundation
Private foundation · North York, Ontario · BN 739714301RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($752,846) as filed with the CRA.
Hadover 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 $98K in revenue and $753K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 69% of peers.
As a grantmaker, it reported gifts to 27 qualified donees totalling $12K in 2024, the largest being $6,964 to Agudath Israel Congregation of Toronto. Revenue has declined over its filings on record here, from $528K in 2022 to $98K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Charitable purposes beneficial to the community
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $98K | $753K | — | — | $744K | $289K |
| 2023 | $1.8M | $850K | — | — | $783K | $960K |
| 2022 | $528K | $519K | $2,932 | — | $516K | $9,053 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $12K to 27 qualified donees — largest 25 shown:
- Agudath Israel Congregation of Toronto$6,964
- Bais Yaakov Elementary School$750
- Moral Arc Foundation$422
- Yeshiva Gedolah Zichron Shmayahu$360
- Toronto Care Fund$360
- Toronto Care Fund$300
- Talmudical Yeshiva of Philadelphia$250
- Ezras Cholim Organization$250
- Beth Jacob High School for Girls$250
- Mosdos Bobov$230
- Toronto Cheder$180
- Hatzoloh Toronto$180
- Eitz Chaim Schools$180
- Chai Lifeline (canada) Inc.$180
- Canadian Friends of the Seminary Yehiva Mirer$180
- Institute for Advanced Judaic Studies$150
- The Toronto Mikvah Society$100
- Talmudical Academy Of Toronto Mishkan HaTorah Charitable Trust$100
- Ruchama Fraidel Relief Organization$100
- Kayla's Children Centre$100
- Ruchama Fraidel Relief Organization$72
- The Jewish Connection: Kesher Yisrael$72
- Institute for Advanced Talmudic and Halachic Studies$72
- Beit Midrash Zichron Dov$72
- Maayonos Torah$50
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Sy Schachner (director); Ruchama Schachner (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Hadover Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 739714301RR0001), or read how we compute the receipt.