Monic Charity Foundation
Public foundation · Richmond, British Columbia · BN 790362008RR0001 · Foundations
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($23,884) as filed with the CRA.
Monic Charity Foundation is a public foundation based in Richmond, British Columbia, classified by the CRA under foundations. In its fiscal year ending July 31, 2024, it reported $29K in revenue and $24K in expenditures.
Its funding that year was roughly 22% from donations. In 2024, 1 other registered charity reported granting it a combined $248.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 3% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group.
As a grantmaker, it reported gifts to 3 qualified donees totalling $2,100 in 2024, the largest being $800 to British Columbia's Children's Hospital Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation is planning its activities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $29K | $24K | $0 | $0 | $2,100 | $78K |
| 2023 | $45K | $2,153 | $0 | $0 | $700 | $72K |
| 2022 | $43K | $13K | $0 | $0 | $0 | $29K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2,100 to 3 qualified donees:
Received $248 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ellie Tang (director); Alex Ho (director); Stanley Ho (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Monic Charity Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 790362008RR0001), or read how we compute the receipt.