Jong Man Lee Family Foundation
Private foundation · Vancouver, British Columbia · BN 754599736RR0001 · Foundations
Source: T3010 return, FPE 2020-12-31. Split of total expenditures ($1,878) as filed with the CRA.
Jong Man Lee Family Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2020, it reported $1,000 in revenue and $1,878 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 3,759 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 68% of peers.
Its filed list of directors and trustees shows 3 names.
In its own words
To receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to qualified donees as defind in subsection 149.1(1) fo the income tax act (canada). To do all such things as are incidental and ancillary to the attainment of the above purpose.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2020
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2020 | $1,000 | $1,878 | $1,840 | — | — | -$305 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2020)
Jong Man Lee (director); IL-Ran Lee (director); Lee Seungmi Kristie (director).
As listed on its 2020 return.
Check the source
Every figure on this page is from Jong Man Lee Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 754599736RR0001), or read how we compute the receipt.