Chu Lee Lai Chun Foundation
Private foundation · Markham, Ontario · BN 840450209RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($61,624) as filed with the CRA.
Chu Lee Lai Chun Foundation is a private foundation based in Markham, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $5.4M in revenue and $62K in expenditures.
Its funding that year was roughly 94% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 2% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 2 qualified donees totalling $15K in 2024, the largest being $10K to Fu Hui Education Foundation. Revenue has grown substantially over its filings on record here, from $109K in 2020 to $5.4M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Donations had been received and the foundation is actively evaluating programs that it should support in order to carry out is purposes
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.4M | $62K | — | — | $15K | $9.9M |
| 2023 | $512K | $46K | — | — | $20K | $4.6M |
| 2022 | $136K | $1.2M | — | — | $1.2M | $4.1M |
| 2021 | $121K | $34K | — | — | $10K | $5.2M |
| 2020 | $109K | $31K | — | — | $10K | $5.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $15K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lai Chun Chu (trustee); Maritza Lee (trustee); Stanley Kwan (trustee); Yiu Leung Yu (trustee); Wing Hong Hui (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Chu Lee Lai Chun Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 840450209RR0001), or read how we compute the receipt.