Charity BreakdownCanadian charity filings, itemized

Daniel & Karen Chim Charitable Foundation

Private foundation · Markham, Ontario · BN 833304025RR0001 · Foundations

Your $100, itemizedDaniel & Karen Chim Charitable FoundationFiscal year ended December 31, 2024
Charitable programs$49
Gifts to other charities$48
Management & admin$3
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($569,221) as filed with the CRA.

Daniel & Karen Chim Charitable 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 $1.4M in revenue and $569K in expenditures.

Its funding that year was roughly 35% 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 100% of peers.

As a grantmaker, it reported gifts to 32 qualified donees totalling $528K in 2024, the largest being $134K to CCL - Christian Communication Incorporated. Revenue has grown substantially over its filings on record here, from $611K in 2020 to $1.4M in 2024. Its filed list of directors and trustees shows 5 names.

In its own words

1. To receive and maintain a fund or funds and to apply all or a part of the principal and income therefrom from time to time to charitable organizations that are also registered charities under the income tax act (canada) 2. To gift funds to qualified donees as defined in subsection 149.1(1) of the income tax act.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$1.4M$569K$538K$538K$7.4M
2023$728K$473K$349K$349K$6.5M
2022$1M$421K$379K$379K$6.3M
2021$1.5M$438K$397K$397K$5.7M
2020$611K$593K$348K$4.6M

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

Money between charities, 2024

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

Directors & trustees (2024)

Benjamin Chim (trustee); Daniel Chim (director/president); Jason Chim (trustee); Joanna Chim (director/secretary); Karen Chim (director/treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from Daniel & Karen Chim Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 833304025RR0001), or read how we compute the receipt.