LI Ka Shing (canada) Foundation
Private foundation · Toronto, Ontario · BN 857269971RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($45,484,274) as filed with the CRA.
LI Ka Shing (canada) Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $334.8M in revenue and $45.5M in expenditures.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 38% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $16.6M in 2024, the largest being $9M to University of Michigan. Revenue has grown substantially over its filings on record here, from $46.2M in 2020 to $334.8M in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
The sole and exclusive objectives of the foundation are to disburse such moneys of the foundation by way of gifts as the foundation shall see fit to 'qualified donees' within the meaning of that term under the income tax act (canada); and to undertake charitable activities through agents or otherwise both within and outside of canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $334.8M | $45.5M | $20.7M | — | $16.6M | $1.1B |
| 2023 | $54.6M | $35.3M | $23.6M | — | $11.5M | $779.5M |
| 2022 | $53.8M | $54.5M | $27.4M | — | $26.9M | $997.9M |
| 2021 | $47.5M | $31.4M | $3.5M | — | $27.7M | $1.1B |
| 2020 | $46.2M | $28.4M | $312K | — | $27.9M | $850.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$181,255,634
- Investment income$83,349,373
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 $16.6M to 3 qualified donees:
- University of Michigan$9M
- The University of Hong Kong$4M
- The Chinese University of Hong Kong$3.6M
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Eva Kwok (director); Angelina Lee1 (director); Ka Shing LI (director & chairman); Michelle LI (director); Richard LI (director); Victor LI (director & member deputy chair); Ezra Pau (director); Wayne Shaw (director); Frank Sixt (director and president).
As listed on its 2024 return.
Check the source
Every figure on this page is from LI Ka Shing (canada) Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 857269971RR0001), or read how we compute the receipt.