26 years and 4 audits later, the David Hofstedter Family Foundation loses its charitable status

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 … Continue reading 26 years and 4 audits later, the David Hofstedter Family Foundation loses its charitable status