Schofam Charitable Foundation
Private foundation · Toronto, Ontario · BN 865986582RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($524,091) as filed with the CRA.
Schofam Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $549K in revenue and $524K in expenditures.
Its funding that year was roughly 94% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 83% of peers.
As a grantmaker, it reported gifts to 88 qualified donees totalling $519K in 2024, the largest being $258K to Jewish Heritage Foundation International. Revenue has grown substantially over its filings on record here, from $276K in 2020 to $549K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation disbursed funds during the year 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 | $549K | $524K | — | — | $519K | $550K |
| 2023 | $467K | $491K | — | — | $491K | $426K |
| 2022 | $444K | $498K | — | — | $497K | $451K |
| 2021 | $509K | $446K | — | — | $446K | $504K |
| 2020 | $276K | $302K | — | — | $302K | $441K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $519K to 88 qualified donees — largest 25 shown:
- Jewish Heritage Foundation International$258K
- Touro College - 10-Sec3503viii - USA$46K
- Yeshivas Nachalas Zvi$29K
- Toronto Cheder$21K
- Kav Shalom KHM$15K
- Institute for Advanced Judaic Studies$14K
- N'Siv Hachesed$10K
- Zichron Binyomin$6,656
- The Toronto Lakewood Minyan$6,410
- Hebrew Centre of Belle Ewart$5,600
- Canadian Friends of Tzedakah Meir Baal Haness of Jerusalem$5,600
- Bais Yaakov Elementary School$5,540
- Bikur Cholim$5,360
- Canadian Foundation for the Education and Welfare of Jews Ofthe C I S$5,250
- Beth Jacob High School for Girls$5,250
- Les Amis Canadiens du Seminaire Yeshivah Mirer de Jerusalem Inc./canadian Friends of the Seminary Yeshivah Mirer of Jerusalem Inc.$5,000
- Tomchei Shabbos of Toronto$4,600
- Shomrai Shaboth-Chevrah Mishnayoth Congregation$3,660
- Chevra Oseh Chesed Financial Assistance Organization$3,600
- Yeshivat Yesodei Hatora$3,000
- Yeshiva Gedolah Zichron Shmayahu$3,000
- Toronto Care Fund$3,000
- The Institute of Torah Education$3,000
- Yeshivas Keser Torah$2,550
- Mosdos Bobov$2,160
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Israel Schon (director); Chaya Schon (director); Joshua Schon (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Schofam Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 865986582RR0001), or read how we compute the receipt.