The Jeff Rice Family Foundation
Private foundation · Toronto, Ontario · BN 827307638RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($77,500) as filed with the CRA.
The Jeff Rice Family 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 $498K in revenue and $78K in expenditures.
Its funding that year was roughly 60% 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. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 10 qualified donees totalling $77K in 2024, the largest being $25K to Ottawa Hospital Foundation. Revenue has grown substantially over its filings on record here, from $303K in 2020 to $498K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation intends to spend its disbursement quota on distributions to qualified donees in 2016 and future years. The foundation does not directly carry on charitable activities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $498K | $78K | — | — | $78K | $2.5M |
| 2023 | $461K | $148K | — | — | $128K | $2.1M |
| 2022 | $330K | $19K | — | — | — | $1.7M |
| 2021 | — | $58K | — | — | $58K | $1.5M |
| 2020 | $303K | $90K | — | — | $77K | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $77K to 10 qualified donees:
- Ottawa Hospital Foundation$25K
- Ottawa Hosp Foundation$10K
- ST Joseph's Sop$10K
- Covenant's House$10K
- Women & Children Shelter$5,000
- Sheena's Place$5,000
- RVH Foundation$5,000
- CDN Cancer Society$3,500
- Concord Mental Health$2,000
- Rescue Lake$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jeffrey Rice (trustee); Carly Rice (trustee); Stewart Gavin (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Jeff Rice Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827307638RR0001), or read how we compute the receipt.