The JB Herzog Charitable Trust
Private foundation · North York, Ontario · BN 702359902RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,830,843) as filed with the CRA.
The JB Herzog Charitable Trust is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $477K in revenue and $1.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 22% from donations, 23% from other charities.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 89% of peers.
As a grantmaker, it reported gifts to 23 qualified donees totalling $1.8M in 2024, the largest being $1.3M to Jewish Heritage Foundation of Canada. Revenue has grown substantially over its filings on record here, from $100 in 2022 to $477K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The trust is intended to operate as a private charitable trust whose purpose is primarily to make donations in an orderly fashion to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $477K | $1.8M | $1,370 | — | $1.8M | $2.3M |
| 2023 | $4.4M | $918K | $675 | — | $853K | $3.5M |
| 2022 | $100 | — | — | — | — | $100 |
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$264,897
- From other charities$107,432
- Receipted donations$105,000
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 $1.8M to 23 qualified donees:
- Jewish Heritage Foundation of Canada$1.3M
- Kdy Institute$287K
- Canadian Friends of Beth Joseph Zvi$49K
- Mizrachi Organization of Canada$35K
- Maharam Tav Fund$34K
- Shomrai Chaboth-Chevrah Mishnayoth Congregation$33K
- Toronto Care Fund$25K
- Yeshivas Uesodei Hatora$20K
- Zichron Chaim Charity$19K
- Ne'Eman Foundation Canada$14K
- Eitz Chaim Schools$10K
- Chofetz Chaim Heritage Society of Canada$5,000
- Canadian Friends of Yeshivat Aish Hatorah$5,000
- Kav Shalom KHM$4,190
- Mesorah Heritage Foundation of Canada$4,109
- Yeshivas Nachalas Zvi$3,600
- Mishkan Avraham$1,250
- The Village Shul and Learning Center of Toronto$1,000
- Ohr Chaya Charitable Organization$1,000
- Circle of Home Care Services ( Toronto)$1,000
- Congregation Kahal Avreichim$800
- Chabad of Mississauga$250
- Paths of Torah School$180
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jacob Herzog (trustee); Beatrice Herzog (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The JB Herzog Charitable Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 702359902RR0001), or read how we compute the receipt.