The Azrieli Foundation
Public foundation · Montreal, Quebec · BN 892425166RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($174,813,861) as filed with the CRA.
The Azrieli Foundation is a public foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $487.3M in revenue and $174.8M in expenditures.
In 2024, 3 other registered charities reported granting it a combined $19K.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% of peers. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 48 permanent full-time positions.
As a grantmaker, it reported gifts to 414 qualified donees totalling $118.1M in 2024, the largest being $30.4M to Tel-Aviv University. Its filed list of directors and trustees shows 7 names.
In its own words
Azrieli fellows program azrieli empowerment program operated by darca schools azrieli educational leadership accelerator operated by darca schools azrieli holocaust survivor memoirs program azrieli/pj library campership awards program operated by the harold grinspoon foundation azrieli science grants program azrieli music arts and culture centre azrieli canada programs operated by jdc israel azrieli architecture centre infinity prize canadian centre for caregiving excellence
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $487.3M | $174.8M | $31.4M | — | $118.8M | $2.7B |
| 2023 | $169.4M | $167.9M | $36.5M | — | $117.1M | $2.4B |
| 2022 | -$337.3M | $130.7M | $35.3M | — | $80.1M | $2.4B |
| 2021 | $774.4M | $107.5M | $26.4M | — | $71.7M | $2.9B |
| 2020 | -$59.6M | $95.1M | $22.9M | — | $68M | $2.2B |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $118.1M to 414 qualified donees — largest 25 shown:
- Tel-Aviv University$30.4M
- Weizmann Institute of Science$8.3M
- Jewish Community Foundation of Montreal$6.8M
- Sainte-Justine UHC Foundation$5M
- The Hospital for Sick Children Foundation$5M
- Ben-Gurion University$4.1M
- Amis Canadiens du Centre Medical Sheba / Canadian Friends of Sheba Medical Center$4M
- Hebrew University of Jerusalem$3.7M
- United Jewish Appeal of Greater Toronto$3.3M
- Bar Ilan University$2.5M
- Reena Foundation$1.8M
- Canadian Institute for Advanced Research$1.8M
- Canadian Institutes of Health Research$1.7M
- Technion - Israel Institute of Technology$1.5M
- Yeshiva University$1.4M
- Hadassah-Wizo Organization Of Canada$1.2M
- Summit school foundation$1M
- Pathways to Education Canada/Passeport pour ma réussite Canada$1M
- Fusion Jeunesse / Youth Fusion$1M
- Brain Canada Foundation$1M
- Jewish Family and Child Service of Greater Toronto$910K
- The Governing Council of the University of Toronto$810K
- The University of Western Ontario$779K
- Haifa University$705K
- Emory University Grants Depository Acct$686K
Received $19K from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $250,000–299,9991 position
- $200,000–249,9991 position
- $160,000–199,9993 positions
- $120,000–159,9994 positions
- Permanent full-time positions48
- Total compensation, all staff$5.4M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Naomi Azrieli (director); Sharon Azrieli (director); André Beaulieu (tresorier); Amir Gissin (director); Danny Hakim (director); Peter Singer (director); Franco J. Vaccarino (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Azrieli Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892425166RR0001), or read how we compute the receipt.