Chan Sisters Foundation
Private foundation · Vancouver, British Columbia · BN 898596721RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($659,238) as filed with the CRA.
Chan Sisters Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $196K in revenue and $659K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 71% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $635K in 2024, the largest being $250K to Villa Cathay CARE Home Society. Its filed list of directors and trustees shows 4 names.
In its own words
Grants are made to qualified donees during the year:
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $196K | $659K | — | — | $635K | $587K |
| 2023 | $96K | $345K | $21K | — | $323K | $959K |
| 2022 | $137K | $491K | $41K | — | $450K | $1.2M |
| 2021 | $77K | $59K | $36K | — | $23K | $1.6M |
| 2020 | $217K | $685K | $70K | — | $615K | $1.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$196,311
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $635K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Tung Wai Wong (director); Carson Wu (director); David Chan (director); Candice Tsang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Chan Sisters Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 898596721RR0001), or read how we compute the receipt.