Buddhist Education Foundation for Canada
Publicly funded institution · Markham, Ontario · BN 869514810RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($98,410) as filed with the CRA.
Buddhist Education Foundation for Canada is a public foundation based in Markham, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $30K in revenue and $98K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 69% from donations, 13% from other charities. In 2024, 1 other registered charity reported granting it a combined $480.
Compared with 673 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $95K in 2024, the largest being $75K to The Governing Council of the University of Toronto. Its filed list of directors and trustees shows 5 names.
In its own words
Continued fund raising for buddhist education and buddhist courses at universities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $30K | $98K | — | — | $98K | $147K |
| 2023 | $27K | $2,327 | — | — | — | $216K |
| 2022 | $33K | $12K | — | — | $6,210 | $201K |
| 2021 | $33K | $47K | — | — | $37K | $180K |
| 2020 | $33K | $46K | $588 | — | $31K | $194K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $95K to 3 qualified donees:
Received $480 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Shuk-Yu NG (director and president); Alice Lee (director and treasurer); Fang Zhang (secretary); Albert Lee (director); Lok Sang Ho (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Buddhist Education Foundation for Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 869514810RR0001), or read how we compute the receipt.