Snow Angel Foundation
Private foundation · Richmond Hill, Ontario · BN 755825940RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($43,459) as filed with the CRA.
Snow Angel Foundation is a private foundation based in Richmond Hill, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $29K in revenue and $43K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 3,025 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 6 qualified donees totalling $36K in 2024, the largest being $25K to The Governing Council of the University of Toronto. Its filed list of directors and trustees shows 3 names.
In its own words
To provide financial support for improving the canadian medical capabilities of treatment and care for cancer patients and their families.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $29K | $43K | $1,699 | — | $36K | -$40K |
| 2023 | $15K | $40K | — | — | $40K | -$25K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other gifts$28,500
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 $36K to 6 qualified donees:
- The Governing Council of the University of Toronto$25K
- Mon Sheong Foundation - Tree Planting$6,000
- Fu Hui Education Foundation$3,000
- Canadian Cancer Society$500
- Canadian Cancer Society$500
- Canadian Cancer Society$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Xiaoyan Zhao (trustee); Peng Yu (trustee); Stanley Kwan (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Snow Angel Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 755825940RR0001), or read how we compute the receipt.