Charity BreakdownCanadian charity filings, itemized

D&M_Leung_LiveLife_Foundation

Private foundation · Richmond Hill, Ontario · BN 781638358RR0001 · Foundations

Every $100 spentD&M_Leung_LiveLife_FoundationFiscal year ended December 31, 2024
Gifts to other charities$100
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($501,664) as filed with the CRA.

D&M_Leung_LiveLife_Foundation is a private foundation based in Richmond Hill, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $800K in revenue and $502K in expenditures.

Its funding that year was roughly 101% from donations.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 87% of peers.

As a grantmaker, it reported gifts to 1 qualified donee totalling $500K in 2024, the largest being $500K to UHN Foundation. Its filed list of directors and trustees shows 3 names.

In its own words

The foundation is giligently assessing potential programs to support with a particular focus on advancing its mission in the fields of medicines

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20242024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$800K$502K$500K$298K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$300K$300,142 in total assets
Given away$500Kto 1 charity
That is166.6%of what it holds
Where the money came from
  • Receipted donations$805,315
  • Other income$4,403
  • Investment income$4,054

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 $500K to 1 qualified donee:

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Michael Leung (director); Daphne Lee (director); James Leung (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from D&M_Leung_LiveLife_Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 781638358RR0001), or read how we compute the receipt.