Moral Arc Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
F
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
100%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 100 cents are available for programs.
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OVERVIEW
About Moral Arc Foundation:
Moral Arc Foundation is a 0-star charity. The charity is one of Canada's largest charities with $110.4m in donations in F2024. Despite this, it is not financially transparent and does not publish information on the results of its programs. For each dollar donated, the charity reports that 100 cents go to the cause. This is outside of Ci's reasonable range due to low reported fundraising and administrative costs. Before you give, read Charity Intelligence's report.
Established in 1976, Moral Arc Foundation (formerly Jewish Heritage Foundation of Canada) is a public foundation that supports schools providing education on Jewish heritage and culture. It also gives bursaries to underprivileged children. According to its F2024 T3010 filing with the CRA, it spent $95.4m on activities and programs outside of Canada. It also spent $7.9m on programs in Canada and granted $6.7m to qualified donees in Canada.
Moral Arc Foundation does not have a website. Information in this report was gathered through the charity’s T3010 filing and unaudited financial statements received from the CRA.
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Results and Impact
Charity Intelligence did not find any quantified outcomes for Moral Arc Foundation. This may not be a complete representation of Moral Arc Foundation’s results and impact.
Charity Intelligence has not yet rated Moral Arc Foundation on impact (n/r). This does not affect the star rating.
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Finances
Moral Arc Foundation is not financially transparent. Charity Intelligence used Moral Arc Foundation’s T3010 filing and unaudited financial statements received from the CRA to complete this review.
Moral Arc Foundation’s financial statements follow line-item costing, which is not a best practice. It does not differentiate between program, administrative, and fundraising costs in its financial statements.
Moral Arc Foundation received $110.4m in donations in F2024. Reported administrative costs are less than 1% of total revenues. The charity did not report any fundraising costs. For each dollar donated, 100 cents go to the cause. This falls outside Ci’s reasonable range for overhead spending.
Funding reserves (cash and investments) of $3.5m can cover less than one month of program costs.
Since F2022, Moral Arc Foundation reports sending $254.0m to individuals and organizations outside of Canada. Over the past three years, it sent the most money to three donees in Israel and the United States: $39.5m to Congregation Zichron Yosef Mordechai (US), $36.1m to Shachar Tzidkecha (Israel), and $17.7m to Congregation Zichron Yoel Hirsch (US).
Since F2022, Moral Arc Foundation reports grants to qualified donees of $21.9m. Over the past three years, its largest gifts were $4.4m to Kollel Daf Yomi Institute, $2.9m to Beth Medrash Gavoha (a New Jersey charity and higher education institute), and $913k to Kupas Hachesed Meroroth. Kupas Hachsed Meoroth’s charitable status was revoked following an audit in 2022.
Ci was unable to contact Moral Arc Foundation for the review of this profile.
Updated on July 21, 2025, by Grady Simpson
Financial Review
Fiscal year ending May
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 0.3% | 0.3% | 0.3% |
| Fundraising costs as % of donations | 0.0% | 0.0% | 0.0% |
| Total overhead spending | 0.3% | 0.2% | 0.3% |
| Program cost coverage (%) | 3.1% | 3.3% | 6.7% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 110,426 | 99,229 | 87,003 |
| Investment income | 47 | 171 | (62) |
| Total revenues | 110,473 | 99,400 | 86,941 |
| Program costs - International | 95,375 | 87,680 | 70,957 |
| Program costs - Canada | 7,881 | 6,648 | 4,490 |
| Grants | 6,727 | 7,113 | 8,089 |
| Administrative costs | 315 | 244 | 249 |
| Total spending | 110,298 | 101,684 | 83,785 |
| Cash flow from operations | 175 | (2,284) | 3,156 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 3,464 | 3,318 | 5,583 |
Note: Foreign exchange loss: Ci reports investment income on a net basis, and therefore included foreign exchange loss under investment income. This affected revenue and expenses by ($80k) in F2024, $nil in F2023, and ($77k) in F2022. Loss on disposal of investments: Ci included loss on disposal of investments under investment income. This affected revenues and expenses by ($4k) in F2024, ($3k) in F2023, and $nil in F2022. T3010: Ci reported international program costs and grants using the charity's T3010 filing.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Charity Contact
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