The New Orchard Foundation
Private foundation · Toronto, Ontario · BN 704071802RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,034,335) as filed with the CRA.
The New Orchard 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 $9.8M in revenue and $5M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 87% of peers.
As a grantmaker, it reported gifts to 11 qualified donees totalling $6.8M in 2024, the largest being $6.5M to Gesher Abraham Foundation. Revenue has grown substantially over its filings on record here, from $3M in 2022 to $9.8M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
The object of the foundation is to hold property and to apply all or part of the principal and income to qualified donnees. The foundation was started on september 15 2022. Throughout the fiscal year ended december 31 2024 the foundation has distributed funds to qualified donnees including the toronto heschel school uhn foundation amoung others.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9.8M | $5M | — | — | $5M | $14.8M |
| 2023 | $10.4M | $3.4M | — | — | $3.4M | $10M |
| 2022 | $3M | $10K | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$8,533,307
- Investment income$299,430
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 $6.8M to 11 qualified donees:
- Gesher Abraham Foundation$6.5M
- The Diabetes Leadership Foundation$256K
- London Goodenough Association of Canada$24K
- UHN Foundation$20K
- The Atlantic Jewish Council$15K
- Ontario Streams$10K
- C.D. Howe Institute$8,000
- The Tema Foundation$5,000
- Kehillat Shaarei Torah of Toronto$5,000
- Canadian Associates of the Ben Gurion University of the Negev Inc.$2,500
- Canadahelps Canadon$1,800
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Michael Stein (director); Pamela Stein (director); Matthew Stein (director); Jason Stein (director); Eva Stein (director); Liane Stein (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The New Orchard Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 704071802RR0001), or read how we compute the receipt.