The Jesse Glass Foundation
Private foundation · Toronto, Ontario · BN 891674376RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($5,249) as filed with the CRA.
The Jesse Glass Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $1,056 in revenue and $5,249 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 28% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $4,020 in 2024, the largest being $1,500 to United Jewish Appeal of Greater Toronto. Its filed list of directors and trustees shows 2 names.
In its own words
To receive and maintain funds or funds and other property and to apply all or part thereof and the income therefrom to charitable purposes subject to the charities accounting act and the charitable gifts act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1,056 | $5,249 | — | — | $4,020 | $24K |
| 2023 | -$36 | $5,821 | — | — | $4,614 | $28K |
| 2022 | $3,316 | $3,155 | — | — | $1,950 | $34K |
| 2021 | $1,917 | $4,795 | — | — | $3,265 | $33K |
| 2020 | $1,182 | $5,154 | — | — | $3,882 | $36K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, July 31, 2024
- Investment income$682
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 $4,020 to 6 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jesse Glass (president); Nora Glass (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Jesse Glass Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891674376RR0001), or read how we compute the receipt.