Lee Tak Wai Foundation
Private foundation · Don Mills, Ontario · BN 890857576RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,799,172) as filed with the CRA.
Lee Tak Wai Foundation is a private foundation based in Don Mills, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1M in revenue and $1.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 96% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 96% of peers.
As a grantmaker, it reported gifts to 36 qualified donees totalling $1.8M in 2024, the largest being $1M to Chinese Canadian Museum Society of British Columbia. Its filed list of directors and trustees shows 5 names.
In its own words
To receive & maintain a fund or funds and to apply all or part of the principal and income for charitable purposes.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1M | $1.8M | $2,995 | — | $1.8M | $69K |
| 2023 | $1M | $2.2M | $2,445 | — | $2.2M | $828K |
| 2022 | $536K | $998K | — | — | $995K | $2M |
| 2021 | $1M | $1.3M | $1,164 | — | $1.3M | $2.5M |
| 2020 | $1M | $882K | $745 | — | $881K | $2.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.8M to 36 qualified donees — largest 25 shown:
- Chinese Canadian Museum Society of British Columbia$1M
- Toronto Metropolitan University$200K
- Plan International Canada Inc.$200K
- Orbis Canada$104K
- Covenant House Toronto$90K
- Chinese Cultural Centre of Greater Toronto Foundation$60K
- The Governing Council of the University of Toronto$45K
- University of Victoria$10K
- The Royal Ontario Museum Foundation$10K
- Royal Institution for the Advancement of Learning$10K
- Amnesty International Canadian Section (english Speaking)$10K
- Plan International Canada Inc.$9,035
- Canadian Research Institute for the Advancement of Women/institut Canadien de Recherches S$5,000
- Scott Mission$4,600
- The Governing Council of the Salvation Army in Canada$4,000
- North York Harvest Food Bank$4,000
- Interval House$4,000
- Doctors Without Borders Canada / Medecins Sans Frontieresca Nada$4,000
- Daily Bread Food Bank$4,000
- The Canadian Red Cross Society$2,500
- The Yonge Street Mission$2,000
- The Toronto Star Children's Charities$2,000
- Toronto Reel Asian International Film Festival$2,000
- The Princess Margaret Cancer Foundation$1,000
- Operation Smile Canada Foundation$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Vivienne Poy (president); Neville Poy (secretary treasurer); Ashley Poy (1st vice president); Justin Poy (2nd vice president); Carter Poy (3rd vice president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lee Tak Wai Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890857576RR0001), or read how we compute the receipt.