The IV Charitable Foundation
Private foundation · Toronto, Ontario · BN 889264511RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($797,128) as filed with the CRA.
The IV Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $165K in revenue and $797K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 91% 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 92% of peers.
As a grantmaker, it reported gifts to 15 qualified donees totalling $763K in 2024, the largest being $543K to Halachic Academy Ravad. Revenue has declined over its filings on record here, from $1.2M in 2020 to $165K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Donations made to other charitable and private foundations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $165K | $797K | — | — | $797K | $33K |
| 2023 | $661K | $327K | — | — | $314K | $665K |
| 2022 | $2.3M | $426K | — | — | $425K | $331K |
| 2021 | $680K | $355K | — | — | $355K | -$1.5M |
| 2020 | $1.2M | $828K | $1,540 | — | $825K | -$1.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $763K to 15 qualified donees:
- Halachic Academy Ravad$543K
- Kollel Daf Yomi Institute$127K
- Jewish Heritage Foundation$51K
- Canadian Friends of Yeshivath Beth Hilel Bnai Brak$30K
- B'Nai Zion Charity Fund$4,072
- Canadian Friends of Toldos Aharon$3,600
- Mifalei Chaim Bechesed (MCB)$1,800
- Canadian Friends of Vaad Harabbanim$1,036
- Congregation Kahal Avreichim$500
- Kollel Toldos Yakov Yosef$360
- Canadian Friends of Passaic Yeshiva$360
- Centre Cocmmunautaire Bnois Yisroel$180
- Zichron Chaim Charity$72
- Mazel Charity Fund$72
- Bais Chaya Mushka School for Girls$36
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Israel Muller (trustee); Albert Dov Reichmann (trustee); Barry Hauer (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The IV Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889264511RR0001), or read how we compute the receipt.