The Isaac Family Foundation
Private foundation · Jordan Station, Ontario · BN 889077269RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($202,684) as filed with the CRA.
The Isaac Family Foundation is a private foundation based in Jordan Station, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $9,574 in revenue and $203K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
In 2024, 1 other registered charity reported granting it a combined $351.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 72% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $200K in 2024, the largest being $100K to Mennonite Central Committee Ontario. Its filed list of directors and trustees shows 3 names.
In its own words
Youth education local community care and homlessness/poverty relief
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9,574 | $203K | — | — | $200K | $2.2M |
| 2023 | $65K | $100K | — | — | $100K | $2.2M |
| 2022 | $8,946 | $158K | — | — | $158K | $2.2M |
| 2021 | $2.9M | $270K | — | — | $270K | $2.6M |
| 2020 | — | $60 | — | — | — | $1,122 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$9,574
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
Granted $200K to 5 qualified donees:
- Mennonite Central Committee Ontario$100K
- Lifewater Canada$25K
- Community CARE - ST. Catharines and Thorold$25K
- The Governing Council of the Salvation Army in Canada/conseil de Direction de l'Armée du Salut du Canada$25K
- Sleeping Children Around the World$25K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Susan Isaac (president); Christopher Isaac (secretary-treasurer); Stephen Swallow (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Isaac Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889077269RR0001), or read how we compute the receipt.