Heseg Foundation
Charitable organization · Toronto, Ontario · BN 834998965RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($6,016,615) as filed with the CRA.
Heseg Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending July 31, 2024, it reported $5.7M in revenue and $6M in expenditures.
Its funding that year was roughly 97% from other charities. In 2024, 5 other registered charities reported granting it a combined $4.7M.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% of peers.
Revenue has declined over its filings on record here, from $10.7M in 2020 to $5.7M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
During the year with the assistance of an agent in israel the foundation assessed interviewed & selected individuals to receive scholarships and bursaries to advance their post-secondary education. The foundation operates and maintains workshops and educational programs for these scholars.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.7M | $6M | $5M | — | — | $14.9M |
| 2023 | $6.5M | $7.3M | $5.7M | — | — | $15.2M |
| 2022 | $6.7M | $8M | $7M | — | — | $15.9M |
| 2021 | $8.3M | $8.9M | $8.3M | — | — | $17.2M |
| 2020 | $10.7M | $10.2M | $9.6M | — | — | $17.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $4.7M from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Gerald Schwartz (director/chairman); Heather Reisman (director); Robert Prichard (director); Brent Belzberg (director); Noam Erez (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Heseg Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 834998965RR0001), or read how we compute the receipt.