Ray Nissan Family Foundation
Private foundation · Thornhill, Ontario · BN 857677298RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($411,538) as filed with the CRA.
Ray Nissan Family Foundation is a private foundation based in Thornhill, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $518K in revenue and $412K 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 52% of peers.
As a grantmaker, it reported gifts to 12 qualified donees totalling $363K in 2024, the largest being $72K to The Canadian Zionist Cultural Association. Revenue has grown substantially over its filings on record here, from $117K in 2020 to $518K in 2024. Its filed list of directors and trustees shows 5 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $518K | $412K | — | — | $363K | $7M |
| 2023 | $276K | $269K | — | — | $221K | $6.4M |
| 2022 | $168K | $269K | — | — | $222K | $6M |
| 2021 | $399K | $248K | — | — | $206K | $6.7M |
| 2020 | $117K | $254K | — | — | $209K | $6.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $363K to 12 qualified donees:
- The Canadian Zionist Cultural Association$72K
- Beit Halochem Canada /aid to Disabled Veterans of Israel (canada)$72K
- Beth Chabad Israeli Community Centre$72K
- Canadian Anti-Semitism Education Foundation$36K
- Daily Bread Food Bank$36K
- Ve'Ahavta$27K
- Canadian Warplane Heritage$20K
- Mizrachi Organization Of Canada$10K
- Pathways to Education Canada/Passeport pour ma réussite Canada$9,000
- Kids Help Phone / Jeunesse J' Ecoute$7,000
- The Roman Catholic Peterborough Diocese Good Shepherd Foundation Inc.$1,080
- Crohn's and Colitis Canada / Crohn et Colite Canada$1,080
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ramon Nissan (president/director); Susan Levinsky (secretary/director); Daniel Nissan (director); Joshua Nissan (director); David Nissan (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Ray Nissan Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 857677298RR0001), or read how we compute the receipt.