Hau-Cheong Chau Foundation
Private foundation · Vancouver, British Columbia · BN 801749680RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($158,641) as filed with the CRA.
Hau-Cheong Chau 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 $40K in revenue and $159K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 5% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $42K in 2024, the largest being $39K to The International Buddhist Society. Its filed list of directors and trustees shows 3 names.
In its own words
To gift to qualified donees as defined ins. 149.1(1) of the income tax act – including bc children’s hospital and secondary schools/universities in bc that are registered charities under the income tax act
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $40K | $159K | — | — | $42K | $931K |
| 2023 | $71K | $69K | — | — | $44K | $1.1M |
| 2022 | $322K | $48K | — | — | $25K | $1M |
| 2021 | $42K | $56K | — | — | $30K | $774K |
| 2020 | $49K | $62K | — | — | $43K | $788K |
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$32,228
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 $42K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Hau Cheong Chau (director); Tak Man Chau (director); Tak Yan Chau (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Hau-Cheong Chau Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 801749680RR0001), or read how we compute the receipt.