Canadian Foundation for Asian Culture (central Ontario) Inc.
Publicly funded institution · Toronto, Ontario · BN 831576475RR0001 · Education in the Arts
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($48,820) as filed with the CRA.
Canadian Foundation for Asian Culture (central Ontario) Inc. is a charitable organization based in Toronto, Ontario, classified by the CRA under education in the arts. 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 September 30, 2024, it reported $49K in revenue and $49K in expenditures.
Its funding that year was roughly 100% from government. Government funding is the majority of its budget. In 2024, 1 other registered charity reported granting it a combined $29.
Compared with 673 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 62% of peers.
Revenue has grown substantially over its filings on record here, from $25K in 2020 to $49K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The 2023-2024 programs are as follow: asian heritage month festival using a hybrid virtual and in-person model comprising of a series of online activities for asian heritage month education roundtable lectures and workshops. We also had in-person asian heritage month performance of asian canadian artists and events at toronto public library asian heritage month art and photo exhibitions and asian heritage month film festival. We delivered the videos in the canada council for the arts project adn the tutoring of the artists in the torotno arts council project.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $49K | $49K | $47K | — | — | $833 |
| 2023 | $68K | $75K | $74K | — | — | $552 |
| 2022 | $64K | $61K | $59K | — | — | — |
| 2021 | $43K | $39K | $38K | — | — | — |
| 2020 | $25K | $23K | $23K | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $29 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lien Chao (vice-president); Zul Kassamali (vice-president); Kay LI (president); Naushad Hirji (treasurer); Jack Leong (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canadian Foundation for Asian Culture (central Ontario) Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 831576475RR0001), or read how we compute the receipt.