Charity BreakdownCanadian charity filings, itemized

Michael Rosenberg Charity Foundation

Private foundation · Outremont, Quebec · BN 119123545RR0001 · Foundations Advancing Education

Every $100 spentMichael Rosenberg Charity FoundationFiscal year ended April 30, 2024
Gifts to other charities$100
TOTAL$100
Registered

Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($714,691) as filed with the CRA.

Michael Rosenberg Charity Foundation is a private foundation based in Outremont, Quebec, classified by the CRA under foundations advancing education. In its fiscal year ending April 30, 2024, it reported $2.8M in revenue and $715K in expenditures.

Its funding that year was roughly 80% from donations.

Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 94% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.

As a grantmaker, it reported gifts to 11 qualified donees totalling $712K in 2024, the largest being $642K to Congregation Rabbinical College of Quebec. Revenue has grown substantially over its filings on record here, from $637K in 2020 to $2.8M in 2024. Its filed list of directors and trustees shows 2 names.

In its own words

Provide donations to : 1) canadian religious institutions 2) canadian educational institutions 3) canadian indigents.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$2.8M$715K$2,753$712K$14.5M
2023$2.4M$731K$4,106$727K$12.4M
2022$1.2M$438K$2,542$435K$10.8M
2021$974K$261K$1,391$259K$10M
2020$637K$266K$15K$251K$9.3M

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

Private foundation — endowment and payout, April 30, 2024

Held at year end$14.5M$14,521,854 in total assets
Given away$712Kto 11 charities
That is4.9%of what it holds
Where the money came from
  • Receipted donations$2,273,500
  • Investment income$559,644

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.

Directors & trustees (2024)

Michael Rosenberg (trustee); Sarah Rosenberg (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from Michael Rosenberg Charity Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119123545RR0001), or read how we compute the receipt.