The Max and Beatrice Wolfe Charitable Foundation
Private foundation · Toronto, Ontario · BN 134175967RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($674,244) as filed with the CRA.
The Max and Beatrice Wolfe Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $321K in revenue and $674K 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 60% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $623K in 2024, the largest being $502K to United Jewish Appeal of Greater Toronto. Its filed list of directors and trustees shows 2 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $321K | $674K | — | — | $623K | $1.8M |
| 2023 | $474K | $2.9M | — | — | $2.8M | $2.2M |
| 2022 | $312K | $512K | — | — | $436K | $4.6M |
| 2021 | $618K | $643K | — | — | $549K | $4.8M |
| 2020 | $245K | $688K | — | — | $613K | $4.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, June 30, 2024
- Investment income$103,601
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 $623K to 9 qualified donees:
- United Jewish Appeal of Greater Toronto$502K
- Beth Tzedec Congregation$105K
- Jewish National Fund of Canada$6,800
- The Toronto Symphony$5,000
- The Toronto Jewish Film Foundation$1,400
- Friends of Simon Wiesenthal Center for Holocaust Studies$1,000
- Chai Lifeline (canada) Inc.$720
- HR Canada Charitable Organization$500
- The War Amputations of Canada$50
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Harold Wolfe (president); Carole Wolfe (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Max and Beatrice Wolfe Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 134175967RR0001), or read how we compute the receipt.