Zolty Charitable Foundation
Private foundation · North York, Ontario · BN 119309623RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,762,020) as filed with the CRA.
Zolty Charitable Foundation is a private foundation based in North York, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $7.4M in revenue and $5.8M in expenditures.
Its funding that year was roughly 98% 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 94% of peers.
As a grantmaker, it reported gifts to 115 qualified donees totalling $4.7M in 2024, the largest being $1.3M to Moral Arc Foundation. Its filed list of directors and trustees shows 4 names.
In its own words
Administered the charitable activities of the zolty family and others for the advancement of education and jewish religion and loans to the needy.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $7.4M | $5.8M | — | — | $5.8M | $6.2M |
| 2023 | $9.9M | $5.6M | — | — | $5.6M | $4.6M |
| 2022 | $7.4M | $8.8M | — | — | $8.8M | $289K |
| 2021 | $5.1M | $6.6M | — | — | $6.6M | $1.6M |
| 2020 | $8.4M | $8.7M | $7,630 | — | $8.7M | $3.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $4.7M to 115 qualified donees — largest 25 shown:
- Moral Arc Foundation$1.3M
- Toronto Cheder$303K
- Yeshivat Yesodei Hatora$218K
- The Institute of Torah Education$200K
- Yeshiva Gedolah Zichron Shmayahu$195K
- Bais Yaakov Elementary School$181K
- BETH MEDRASH GAVOHA (v0000364)$175K
- Moral Arc Foundation$165K
- Institute for Advanced Judaic Studies$129K
- Beth Jacob High School for Girls$128K
- Agudath Israel of Toronto$118K
- Kashruth Council of Canada$100K
- Yeshiva Gedola Bridgeport of Canada Foundation$90K
- The Village Shul and Learning Center of Toronto$85K
- Toronto Care Fund$83K
- Eitz Chaim Schools$80K
- Yeshivas Nachalas Zvi$59K
- Kollel Daf Yomi Institute$45K
- Priority-1 Outreach Program Foundation for Judaism$41K
- Les Amis Canadiens du Seminaire Yeshivah Mirer de Jerusalem Inc./canadian Friends of the Seminary Yeshivah Mirer of Jerusalem Inc.$40K
- Mosdos Bobov$39K
- Bnos Chaya$38K
- B'Nai Zion Charity Fund$38K
- Tiferes Bais Yaakov$37K
- Institute for Advanced Talmudic and Halachic Studies$35K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ben Friedman (treasurer); Phyllis Friedman (secretary); Dov Kamenetsky (vice-president); David Zolty (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Zolty Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119309623RR0001), or read how we compute the receipt.