Hsu & Hsieh Foundation
Private foundation · Vancouver, British Columbia · BN 889874798RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($225,350) as filed with the CRA.
Hsu & Hsieh Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $862K in revenue and $225K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 94% of peers.
As a grantmaker, it reported gifts to 10 qualified donees totalling $200K in 2024, the largest being $110K to University of B.C.. Revenue has grown substantially over its filings on record here, from $224K in 2020 to $862K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Support: 1) adopt a school 2) bcit (bursaries) foundation 3) covenant house 4) university of b.c. 5) villa cathay care home society
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $862K | $225K | $26K | — | $200K | — |
| 2023 | $179K | $163K | $22K | — | $140K | $3.9M |
| 2022 | $328K | $166K | — | — | $145K | $3.8M |
| 2021 | $414K | $138K | — | — | $115K | $3.7M |
| 2020 | $224K | $107K | — | — | $85K | $3.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $200K to 10 qualified donees:
- University of B.C.$110K
- ST. Paul's Foundation$25K
- Backpack Buddies$25K
- Villay Cathay Care Home Society$10K
- S.u.c.c.e.s.s. Foundation$10K
- Bcit Bursary Foundation$10K
- Covenant House$5,000
- Adopt a School (vancouver Sun Children's Fund)$2,500
- Vancouver PT. Grey Community Foundation$1,000
- Firehall Theatre Society$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Hsu (chairman); Ruth Stewart (secretary); Rose Hsu (director); James Hsu (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Hsu & Hsieh Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889874798RR0001), or read how we compute the receipt.