The NIY Charitable Foundation
Public foundation · North York, Ontario · BN 808522163RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($2,343,599) as filed with the CRA.
The NIY Charitable Foundation is a public foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $2M in revenue and $2.3M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,554 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 1 qualified donee totalling $2.2M in 2024, the largest being $2.2M to Ner Israel-Joseph (j.t.) Tanenbaum Yeshivah College of Toronto. Revenue has grown substantially over its filings on record here, from $417K in 2020 to $2M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation intends to disburse funds to other organizations that are 'qualified donees' under the income tax act (canada). It intends to distribute income and capital to 'qualified donees' to the extent the purposes thereof are exclusively charitable including to any exclusively charitable institution foundation corporation organization or unincorporated association whose objects are confined to charitable purposes and that is a registered canadian charity.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2M | $2.3M | — | — | $2.2M | $47M |
| 2023 | $21.4M | $133K | — | — | — | $47.3M |
| 2022 | $1.8M | $1.6M | — | — | — | $26.1M |
| 2021 | $1.4M | $62K | — | — | — | $25.9M |
| 2020 | $417K | $1.6M | — | — | $500K | $24.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2.2M to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Nathan Bleeman (president); Shimshon Gross (vice president); Neil Zigler (secretary-treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The NIY Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 808522163RR0001), or read how we compute the receipt.