Amrita Translation Foundation
Public foundation · Montague, Prince Edward Island · BN 783800873RR0001 · Foundations Advancing Religion
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($871,568) as filed with the CRA.
Amrita Translation Foundation is a public foundation based in Montague, Prince Edward Island, classified by the CRA under foundations advancing religion. In its fiscal year ending December 31, 2024, it reported $1.5M in revenue and $872K in expenditures.
Compared with 2,238 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 18% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 3 permanent full-time positions.
As a grantmaker, it reported gifts to 2 qualified donees totalling $600K in 2024, the largest being $500K to Great Wisdom Buddhist Institute Inc.. Revenue has grown substantially over its filings on record here, from $128K in 2020 to $1.5M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
1. To advance buddhism including by: a) teaching to tenets doctrines and observations associated with buddhism; and b) publishing translated buddhist works. 2. 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 qualified donees as defined in subsection 149.1(1) of the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $872K | — | — | $600K | $3.5M |
| 2023 | $1.2M | $325K | — | $50K | $130K | $2.9M |
| 2022 | $902K | $998K | — | $47K | $880K | $2M |
| 2021 | $1.1M | $964K | — | — | $863K | $2.1M |
| 2020 | $128K | $152K | $80K | — | $80K | $2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $600K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- $1–39,9991 position
- Permanent full-time positions3
- Total compensation, all staff$131K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Yen-Wei Lai (chair); Xinming Yang (secretary); Rong-Yan Yang (treasurer); Bo-Wen Wang (director); Chien-Kuo Chou (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Amrita Translation Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 783800873RR0001), or read how we compute the receipt.