Canada’s Top Charities For High Net Worth Donors
Gena Rotstein, founder and chief executive officer of Place2Give Foundation (a search engine that helps givers evaluate Canadian and U.S. charities) recently gave her picks on which charitable organizations are most worthy of your dollars. With so many charities out there, many of which with enormous administrative and fundraising costs it is harder and harder to find a philanthropic organization that makes a real difference.
That is why I am so honoured that the Fort York Food Bank, a food bank on Dundas West sser that I have served on the board of for the last 7 years is featured on this prestigious list. Below is an excerpt from the article:
"Fort York Food Bank: Every month, this downtown Toronto organization helps more than 4,000 people, most of whom live on about $4 a day after housing costs. In addition to distributing food, it offers clients counselling and skills training. For the 2014 fiscal year, administrative costs were 0.4 per cent of revenue, while fundraising costs were 5 per cent of donations. "For every dollar people donate, Fort York Food Bank creates more than $8 in measurable economic benefits to its clients and society," CI states."
-Jeff Vinnick/The Globe and Mail