Rayjo Charitable Trust
Private foundation · Toronto, Ontario · BN 836671065RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($6,795,630) as filed with the CRA.
Rayjo Charitable Trust is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $6.1M in revenue and $6.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 71% from donations, 9% from other charities. In 2024, 4 other registered charities reported granting it a combined $484K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 90% of peers.
As a grantmaker, it reported gifts to 138 qualified donees totalling $6.2M in 2024, the largest being $1.4M to Jewish Community Foundation of Montreal. Revenue has declined over its filings on record here, from $10.6M in 2020 to $6.1M in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To distribute funds received as charitable donations to charitable institutions foundations corporations organizations or unincorporated associations which are 'qualified donees' for purpose of 1. Relief of poverty 2. Advancement of education 3. Advancement of religion 4. Other purposes beneficial to the community as a whole in a way which the law regards as charitable
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $6.1M | $6.8M | $560K | — | $6.2M | $5.2M |
| 2023 | $13M | $10.1M | $888K | — | $9.2M | $5.8M |
| 2022 | $11.3M | $11.2M | $776K | — | $10.5M | $2.9M |
| 2021 | $13.2M | $13.9M | — | — | $12.6M | $2.8M |
| 2020 | $10.6M | $9.6M | $1M | — | $8.6M | $3.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $6.2M to 138 qualified donees — largest 25 shown:
- Jewish Community Foundation of Montreal$1.4M
- Charitable Gift Funds Canada Foundation$790K
- Moral Arc Foundation$681K
- Yeshivat Yesodei Hatora$322K
- Kav Shalom KHM$311K
- Kollel Daf Yomi Institute$298K
- The Baycrest Centre Foundation$150K
- United Jewish Appeal of Greater Toronto$125K
- Sinai Health Foundation$110K
- Eitz Chaim Schools$107K
- The Institute of Torah Education$106K
- Tiferes Bais Yaakov$102K
- Paths of Torah School$86K
- The Marder Family Foundation$80K
- The Canadian Zionist Cultural Association$75K
- North York General Hospital Foundation$75K
- Yeshiva Gedolah Zichron Shmayahu$75K
- Shmuel Zahavy Cheder Chabad School$60K
- Peylim of Canada$60K
- The Matlow Family Charitable Trust$58K
- Bnei Akiva Schools$55K
- The Mosaic Institute for Harnessing Diversity$50K
- Jewish Foundation of Greater Toronto$50K
- Friends of Simon Wiesenthal Center for Holocaust Studies$50K
- Canadian Friends of Passaic Yeshiva$42K
Received $484K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Avi Wachsman (trustee); Aimee Wachsman (trustee).
As listed on its 2023 return.
Check the source
Every figure on this page is from Rayjo Charitable Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 836671065RR0001), or read how we compute the receipt.