Lambda Scholarship Foundation Canada
Publicly funded institution · Toronto, Ontario · BN 862758448RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($76,757) as filed with the CRA.
Lambda Scholarship Foundation Canada is a public foundation based in Toronto, Ontario, classified by the CRA under foundations advancing education. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $164K in revenue and $77K in expenditures.
Its funding that year was roughly 96% from government. Government funding is the majority of its budget. In 2024, 1 other registered charity reported granting it a combined $5,023.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $5,500 in 2024, the largest being $2,500 to Concordia University-Universite Concordia. Revenue has grown substantially over its filings on record here, from $12K in 2020 to $164K in 2024. Its filed list of directors and trustees shows 8 names.
In its own words
Established agreements with various universities and high schools to provide scholarship monies to them.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $164K | $77K | $53K | — | $21K | $62K |
| 2023 | $19K | $13K | — | — | $6,447 | $33K |
| 2022 | $15K | $10K | — | — | $8,500 | — |
| 2021 | $8,596 | $12K | — | — | — | $31K |
| 2020 | $12K | $7,749 | — | — | $6,500 | $30K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $5,500 to 4 qualified donees:
Received $5,023 from 1 charity:
- Canadahelps Canadon$5,023
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Tuan Vu (treasurer); Cameron Aiken (president); Calla Barnett (director); Ayse Turak (director); Kathleen Mulawka (secretary); Olivier Forgues (director); Elise Chenier (vice-president); Andreea Trif (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lambda Scholarship Foundation Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 862758448RR0001), or read how we compute the receipt.