The Serruya Family Foundation
Private foundation · Markham, Ontario · BN 869876003RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,640,310) as filed with the CRA.
The Serruya Family Foundation is a private foundation based in Markham, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.3M in revenue and $1.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 6% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 90% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 27 qualified donees totalling $1.6M in 2024, the largest being $500K to Charité Tzedakah Montréal / Charity Tzedakah Montréal. Its filed list of directors and trustees shows 5 names.
In its own words
To provide funds for educational and charitable purposes and activities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.6M | — | — | $1.6M | $66.7M |
| 2023 | $1.4M | $2.2M | — | — | $2.1M | $67.1M |
| 2022 | $1.6M | $803K | — | — | $797K | $67.9M |
| 2021 | $33.2M | $2.2M | — | — | $2.2M | $67.1M |
| 2020 | -$715K | $652K | — | — | $647K | $36.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.6M to 27 qualified donees — largest 25 shown:
- Charité Tzedakah Montréal / Charity Tzedakah Montréal$500K
- Maharam Tav Fund$500K
- Kayla's Children Centre$175K
- Birthright Israel Foundation of Canada$100K
- Matan Baseter$96K
- Moral Arc Foundation$79K
- B'nai Brith of Canada Foundation$54K
- Sephardic Educational Foundation of Toronto$21K
- Associated Hebrew Schools of Toronto$19K
- Building a Jewish Tomorrow$18K
- Beth Avraham Yoseph of Toronto Congregation$10K
- Dani Developing and Nurturing Independence$10K
- Jewish National Fund of Canada$5,000
- United Jewish Appeal of Greater Toronto$4,080
- Rabbinical College of Canada$3,600
- Ohr Chaya Charitable Organization$3,600
- Ohalei Yoseph Yitzchak$3,600
- HR Canada Charitable Organization$3,600
- Hillel Ontario$3,600
- Herut Canada Charitable Foundation$3,600
- Hatzoloh Toronto$3,600
- Yachad the Canadian Jewish Council for Disabilities$3,600
- Yeshiva Darchei Torah$3,600
- Canada Charity Partners$3,600
- Allied Voices for Israel$3,600
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Simon Serruya (director); Aaron Serruya (director); Michael Serruya (director); Samuel Serruya (director); Jacques Serruya (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Serruya Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 869876003RR0001), or read how we compute the receipt.