Charity BreakdownCanadian charity filings, itemized

The Naomi & William Ernst Charitable Foundation

Private foundation · Toronto, Ontario · BN 888135647RR0001 · Foundations

Every $100 spentThe Naomi & William Ernst Charitable FoundationFiscal year ended October 31, 2024
Gifts to other charities$82
Management & admin$18
TOTAL$100
Registered

Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($34,302) as filed with the CRA.

The Naomi & William Ernst Charitable Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending October 31, 2024, it reported $30K in revenue and $34K 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 33% of peers.

As a grantmaker, it reported gifts to 4 qualified donees totalling $28K in 2024, the largest being $13K to Canadian Friends of Beit Issie Shapiro. Revenue has grown substantially over its filings on record here, from $16K in 2020 to $30K in 2024. Its filed list of directors and trustees shows 2 names.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$30K$34K$28K$591K
2023$28K$27K$21K$596K
2022$33K$28K$22K$595K
2021$66K$48K$42K$590K
2020$16K$3,107$572K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, October 31, 2024

Held at year end$595K$594,736 in total assets
Given away$28Kto 4 charities
That is4.7%of what it holds
Where the money came from
  • Investment income$41,091

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Murray Teitel (trustee); Aaron Weinstock (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Naomi & William Ernst Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888135647RR0001), or read how we compute the receipt.