Hesed Christian Foundation
Private foundation · Toronto, Ontario · BN 867600967RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,248,968) as filed with the CRA.
Hesed Christian 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 $106K in revenue and $2.2M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $2.2M in 2024, the largest being $2.2M to Oasis Dufferin Community Centre. Revenue has declined over its filings on record here, from $504K in 2020 to $106K in 2024. Its filed list of directors and trustees shows 1 name.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $106K | $2.2M | — | — | $2.2M | $0 |
| 2023 | $111K | $139K | — | — | $139K | $2.1M |
| 2022 | $59K | $1,106 | — | — | $1,106 | $2.2M |
| 2021 | $2.3M | — | — | — | $57.1M | $3.2M |
| 2020 | $504K | $266K | — | — | $266K | $6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2.2M to 1 qualified donee:
- Oasis Dufferin Community Centre$2.2M
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Richard Steinecke (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Hesed Christian Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 867600967RR0001), or read how we compute the receipt.