Azrieli Foundation

The Azrieli Foundation is a Canadian charitable foundation that supports initiatives across Canada and Israel. It was established in 1989 by David Azrieli, who also founded the Azrieli Group, Israel's leading real estate company. David Azrieli's daughters, Naomi Azrieli and Sharon Azrieli, are Chairs of the Foundation, while all three sisters, including Danna Azrieli, serve on the board of the Azrieli Group.

The Azrieli Foundation is Canada’s largest family-led, non-corporate philanthropic foundation, and maintains funding priorities across multiple sectors, including education, science, healthcare, and the arts.

Finances

The Azrieli Foundation holds 12.7% of the shares in the Azrieli Group holdings, and largely shares the same executive leadership across the Group and Foundation. As of 2023, the Azrieli Foundation held CAD 2.47 billion in assets. In May 2023, the Foundation donated NIS 180 million to Darca Network, which operates schools in the occupied Golan Heights. Following October 7, 2023, the Foundation allocated CAD 10 million in emergency funds to Israel, and in February 2025, it stated that it had committed CAD 20 million to Israel.

Areas of activity

The Azrieli Foundation is a major donor to the arts in Canada, with significant contributions to the Art Gallery of Ontario, the Toronto Symphony Orchestra, and the Giller Prize. In 2024 and 2025, the Foundation also funded the $10,000 Breakthrough Artist Award of the Toronto Arts Foundation (TAF). TAF and the Azrieli Foundation’s funding agreement came to an end in March 2026, following a two-year campaign by artists and arts workers protesting the Azrieli Foundation being “resourced by the gains from ongoing colonisation, occupation and displacement in Palestine.” In April 2026, the Giller Prize also confirmed the end of its sponsorship ties to the Azrieli Foundation, as of 2025. Hannah Sherman, the Azrieli Foundation's director of communications, said that "It was not ended because of pressure from activist groups.”

Corporate governance

Azrieli Foundation Canada Board Directors

As of January 2026:

References

  1. ↑ "About". The Azrieli Foundation. Retrieved 2026-10-22.
  2. ↑ Ditmars, Hadani (2026-03-25). "Canadian foundation with ties to Israel's biggest real-estate company ceases funding for Toronto Arts Foundation following protests". The Art Newspaper - International art news and events. Retrieved 2026-10-22.
  3. 1 2 North, Harry (2025-07-11). "Rich List Exclusive: How the Azrielis built a $2.4B public foundation". Montreal Gazette. Retrieved 2026-10-23.
  4. ↑ Foundation, Azrieli. "Azrieli Foundation launches 2025 Impact Report marking $1 billion milestone". www.newswire.ca. Retrieved 2026-10-23.
  5. ↑ "Share Holders". Azrieli Group. Retrieved 2026-10-22.
  6. ↑ Hennessey, Zachy (2023-05-07). "Azrieli Foundation Donates NIS 180 Million to Darca Network | The Jerusalem Post". The Jerusalem Post | JPost.com. Retrieved 2026-10-23.
  7. ↑ "Darca Nofei Golan High School, Katzrin". Retrieved 2026-10-22.
  8. ↑ Foundation, Azrieli. "The Azrieli Foundation to Provide $10 Million in Emergency Funding for Israel". www.newswire.ca. Retrieved 2026-10-22.
  9. ↑ "Foundation Supports Israel Through Continued Crisis". The Azrieli Foundation. Retrieved 2026-10-23.
  10. ↑ "Relaxed Visits - Tuesday, December 3, 3 pm, 2024". Art Gallery of Ontario. Retrieved 2026-10-23.
  11. ↑ "Opening Doors to the Arts: Inclusive Performances for All". The Azrieli Foundation. Retrieved 2026-10-23.
  12. 1 2 CBC (2026-04-11). "Pro-Palestinian organizers end Giller Prize boycott, citing successful campaign". CBC News. Retrieved 2026-10-23.
  13. ↑ Toronto Arts Foundation. (2024). 2025 Toronto Arts Foundation Awards Breakthrough Artist Award: Description & eligibility guidelines. https://torontoartsfoundation.org/wp-content/uploads/sites/3/2025/05/2025-Breakthrough-Artist-Award-Guidelines-and-Eligibility.pdf
  14. ↑ Ditmars, Hadani (2026-03-25). "Canadian foundation with ties to Israel's biggest real-estate company ceases funding for Toronto Arts Foundation following protests". The Art Newspaper - International art news and events. Retrieved 2026-10-23.
  15. ↑ Ditmars, Hadani (2024-11-27). "Artists protest at Toronto Arts Foundation gala over funding from Israeli real estate company's charitable foundation". The Art Newspaper - International art news and events. Retrieved 2026-10-23.
  16. ↑ CBC (2026-04-11). "Pro-Palestinian organizers end Giller Prize boycott, citing successful campaign". CBC News. Retrieved 2026-10-23.
  17. ↑ "Board of Directors". The Azrieli Foundation. Retrieved 2026-10-23.