Afonso Chen Foundation
Private foundation · Toronto, Ontario · BN 816447296RR0001 · Education in the Arts
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,854) as filed with the CRA.
Afonso Chen Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under education in the arts. In its fiscal year ending December 31, 2024, it reported $16K in revenue and $5,854 in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 22% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $3,900 in 2024, the largest being $3,900 to Chinese Cultural Centre of Greater Toronto Foundation. Revenue has grown substantially over its filings on record here, from $5,000 in 2020 to $16K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to chariible organizations that are also registered under the income tax act of canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $16K | $5,854 | — | — | $3,900 | $28K |
| 2023 | $8,814 | $4,598 | — | — | $2,600 | $18K |
| 2022 | $6,012 | $4,379 | — | — | $2,500 | $14K |
| 2021 | $6,012 | $1,579 | — | — | — | $12K |
| 2020 | $5,000 | $3,332 | — | — | $2,000 | $7,605 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3,900 to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Joseph Chen (president); Josephine Chen (secretary); Alexander Chen (treasurer); Michael Chen (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Afonso Chen Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 816447296RR0001), or read how we compute the receipt.