Jewish National Fund of Canada
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
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FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
C-
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.
56%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 56 cents are available for programs.
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Programs
About Jewish National Fund of Canada:
Founded in 1901, Jewish National Fund of Canada - Keren Kayemeth Le’Israel (KKL-JNF) is the Canadian branch of Jewish National Fund, working to develop the land and infrastructure of Israel. KKL-JNF is committed to reclaiming the Jewish homeland and to making Israel beautiful, strong, and peaceful. Jewish National Fund owns 13% of the land in Israel, much of which is in the Negev area. The charity has planted over 240 million trees, turning 700,000 acres of desert into livable land.
In F2016, KKL-JNF allocated $11.0 million to fund projects in Israel which fall into seven categories: forestry & environment, water preservation, security, community development, research & development, tourism & recreation, and education. In F2017, funding for projects fell to $5.7 million.
Recent News: January 4,
Results and Impact: Jewish National Fund of Canada reports that recycled water collected by its reservoirs is used to irrigate over 112,000 acres of crops. Without the reservoirs, farmers would be using valuable fresh water. KKL-JNF has recently funded security projects to plant trees in neighbourhoods near the Israel-Gaza border, making people feel safer and less exposed.
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Finances
Jewish National Fund of Canada is a Large charity, with donations and special events fundraising of $12.6m in F2017. Administrative costs are 17% of revenues and fundraising costs are 27% of donations. For every $1 donated, 56 cents go to the cause. This falls outside of Ci’s reasonable range. The charity has $20.9m in funding reserves which could cover its F2017 granting level for 3.7 years or its 3-year average granting for 2.4 years.
In 2015 and 2016, Jewish National Fund of Canada’s financial statements note that the charity has responded to certain issues raised during a CRA Charities Directorate audit. This information has been redacted in the recent audited financial statements. (see Audited Financial statements link above, Financial Note 14). No further information is currently available.
This charity report is an update that has been sent to Jewish National Fund of Canada for review. Comments and edits may be forthcoming.
Updated on July 27, 2018 by Madison Kerr. Financial information updated by Kate Bahen.
Financial Review
Fiscal year ending December
|
2017 | 2016 | 2015 |
|---|---|---|---|
| Administrative costs as % of revenues | 16.5% | 10.3% | 16.8% |
| Fundraising costs as % of donations | 27.4% | 11.8% | 23.0% |
| Program cost coverage (%) | 366.4% | 153.0% | 115.4% |
Summary Financial StatementsAll figures in $000s |
2017 | 2016 | 2015 |
|---|---|---|---|
| Donations | 12,619 | 14,766 | 5,500 |
| Goods in kind | 0 | 0 | 460 |
| Special events | 0 | 14,069 | 9,162 |
| Investment income | 1,183 | 225 | 261 |
| Total revenues | 13,802 | 29,061 | 15,383 |
| Program costs - International | 5,702 | 11,033 | 9,316 |
| Program costs - Canada | 0 | 0 | 0 |
| Administrative costs | 2,076 | 2,955 | 2,534 |
| Fundraising costs | 3,463 | 3,403 | 3,371 |
| Cash flow from operations | 2,562 | 11,671 | 162 |
| Funding reserves | 20,892 | 16,885 | 10,755 |
Note: Ci did not include increase in cash surrender value of life insurance policies in revenues, decreasing revenues by $4k in F2017, $4k in F2016, and $4k in F2015. Ci reported investments in real estate of $460k in F2015 as goods in kind, backing the amounts out of donations. Ci used fundraising revenue figures from the charity’s T3010 CRA filing and backed the amounts out of donations in F2016 and F2015. The F2017 T3010 was not available at the time this report was created.
Salary Information
Full-time staff: 39
Avg. Compensation: $62,756
Top 10 staff salary range:
$350k + |
1 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
2 |
$120k - $160k |
2 |
$80k - $120k |
4 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2016
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Comments & Contact
Comments added by the Charity:
Charity Contact