The Jonathan and Ethan Lax Foundation
Private foundation · Toronto, Ontario · BN 759366933RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,398,228) as filed with the CRA.
The Jonathan and Ethan Lax 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 $747K in revenue and $1.4M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking 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 $1.4M in 2024, the largest being $706K to Mizrachi Organization Of Canada. Revenue has declined over its filings on record here, from $4.2M in 2020 to $747K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To receive and maintain a fund or funds and to apply all or part of the principal and income there from from time to time to charitable organizations under the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $747K | $1.4M | — | — | $1.4M | $7.7M |
| 2023 | $898K | $1.3M | — | — | $1.2M | $8.4M |
| 2022 | $4.2M | $1.3M | — | — | $1.2M | $8.8M |
| 2021 | $2.8M | $1.1M | — | — | $1.1M | $5.9M |
| 2020 | $4.2M | $12K | — | — | — | $4.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.4M to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Lax (director); Marsha Lax (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Jonathan and Ethan Lax Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 759366933RR0001), or read how we compute the receipt.