On May 9, 2026, the CRA announced the revocation of the Everlight Charitable Foundation, formerly known as the David Hofstedter Family Foundation (we will refer to it as Everlight throughout this article for simplicity). The CRA conducted four audits of Everlight between 1999 and 2025. The revocation documents provide clear and damning evidence backing the CRA’s decisions.
The David Hofstedter Family Foundation was “named for a wealthy Toronto real estate developer who was one of the organization’s founding directors. The entire board was replaced when the name was changed, according to the CRA.” It was established in 1987 and as of 2026 listed its ongoing programs as “selection of disbursements to qualified donees and the operation of Talmudic religion learning centres.”
The lack of transparency regarding funds sent to Israel has been well-documented.
“In 2023, The David Hofstedter Family Foundation (Business No. 119229466 RR 0001) self-reported moving over CAD $17 million to “Israel”, with no intermediaries listed. This CAD $17 million+ was in addition to the CAD $26.6 million that The David Hofstedter Family Foundation listed as being earmarked for research grants and scholarships on line 4910 of its 2023 tax return (CRA 2024h). While not claimed as such, it is theoretically possible this money also went to Israel. A subsequent enquiry into publicly available tax returns (2019–2022) further confirmed that The David Hofstedter Family Foundation recently moved over CAD $90 million into the hands of international intermediaries for which no country codes were even listed.” Dr. Miles Howe, Tracking Financial Complicity in Israeli War Crimes and Genocide: Instances of Aiding and Abetting in the Canadian Charitable Sector
Dr. Howe also identified Everlight as one of the “big gifters” – a small group of Zionist oligarchs concentrated in Greater Toronto and Montreal. Specifically, Everlight is connected to the H&R Development Company, a Toronto real estate corporation. As part of the audit, the CRA found that Everlight had gifted funds to Beth Oloth Charitable Organization after it had already been revoked. Beth Oloth was named a “burner charity” by Howe and Sylvestre in 2022. Burner charities are “short-lived operation[s] with the apparent intent to move the maximum amount of cash out of Canada and into the international sphere, without regard for the legal parameters of the Income Tax Act, before ultimately being revoked.”
Just Peace Advocates had included Everlight in a complaint to the CRA. But even the last of the four CRA audits began several years before Dr. Howe wrote about Everlight or JPA submitted concerns to the CRA.
The Audit Findings:
The CRA stated that the “extent and nature of the non-compliance identified, some of which is repeated, are significant and systemic. The current audit revealed multiple serious and continued breaches of the [Income Tax] Act and common law.”
- Failed to devote its resources to charitable activities
- Failed to maintain adequate books and records
- Failed to file an information return as required
- Not constituted and operated exclusively for charitable purposes
- Gifted charitable resources to non-qualified donees
- Provided non-incidental private benefits approximating $43,000,000
- Failed to issue official donations receipts as required by law
Check out the details and review the full revocation papers