Freny & Homi Patel Foundation
Private foundation · West Vancouver, British Columbia · BN 771621000RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($25,086) as filed with the CRA.
Freny & Homi Patel Foundation is a private foundation based in West Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported -$21K in revenue and $25K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 31% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $33K in 2023, the largest being $10K to British Columbia's Children's Hospital Foundation.
In its own words
To receive and maintain a fund or funds and apply all or part of the principal and income therefrom from time to time to qualified donees as defined in subsection 149.1(1) of the income tax act of canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | -$21K | $25K | $44 | — | $20K | $292K |
| 2023 | $199K | $36K | $52 | — | $33K | $339K |
| 2022 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $33K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Freny & Homi Patel Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 771621000RR0001), or read how we compute the receipt.