Jeco Foundation
Private foundation · Richmond Hill, Ontario · BN 801685173RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($6,012,061) as filed with the CRA.
Jeco Foundation is a private foundation based in Richmond Hill, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $32.5M in revenue and $6M in expenditures.
Its funding that year was roughly 85% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 85% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $49K in 2024, the largest being $44K to Newmarket Food Pantry. Revenue has grown substantially over its filings on record here, from $1,415 in 2020 to $32.5M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The purpose of foundation is to promote health by providing to people who are poor especially in deeloping countries acess to cataract surgery to prevent or cure blindness and to receive and maintain a fund or funds andto apply all or part of the principal and income from time to time to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $32.5M | $6M | — | — | $5.9M | $29.7M |
| 2023 | $221K | $697K | — | — | $669K | $2.4M |
| 2022 | $1.9M | $566K | — | — | $39K | $2.9M |
| 2021 | $1.5M | $166K | — | — | $83K | $1.6M |
| 2020 | $1,415 | $10K | — | — | $8,000 | $265K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $49K to 2 qualified donees:
- Newmarket Food Pantry$44K
- Newcastle Fellowship Baptist Church$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Albert Sinyor (director); Lynda Sinyor (director); Erica Berlin (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Jeco Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 801685173RR0001), or read how we compute the receipt.