Charity BreakdownCanadian charity filings, itemized

Jesse & Julie Rasch Foundation

Private foundation · Toronto, Ontario · BN 872854211RR0001 · Foundations

Every $100 spentJesse & Julie Rasch FoundationFiscal year ended May 31, 2024
Gifts to other charities$66
Management & admin$34
TOTAL$100
Registered

Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($158,086) as filed with the CRA.

Jesse & Julie Rasch Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending May 31, 2024, it reported $454K in revenue and $158K in expenditures.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers.

As a grantmaker, it reported gifts to 2 qualified donees totalling $104K in 2024, the largest being $100K to HR Canada Charitable Organization. Its filed list of directors and trustees shows 3 names.

In its own words

To receive and maintain funds and to apply all or part of the principal and income thereon from time to time to registered charities under the income tax act (canada). To support clinical research into the role of health and nutrition in the prevention and treatment of disease and the dissemination of that information to the medical profession. To educate the public on the role of health and nutrition in disease prevention.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$454K$158K$104K$1.9M
2023-$681K$276K$182K$1.6M
2022-$5M$323K$151$221K$2.6M
2021$4.3M$342K$20K$198K$7.9M
2020-$777K$150K$2,369$27K$3.9M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, May 31, 2024

Held at year end$2.2M$2,233,945 in total assets
Given away$104Kto 2 charities
That is4.6%of what it holds
Where the money came from
  • Investment income$48,024

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

  • Total compensation, all staff$36K

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Jesse Rasch (director); Julie Lee-Rasch (director); Gregory Leung (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Jesse & Julie Rasch Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 872854211RR0001), or read how we compute the receipt.