The ABC Charity Foundation
Private foundation · Markham, Ontario · BN 764441499RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($126,243) as filed with the CRA.
The ABC Charity Foundation is a private foundation based in Markham, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $942K in revenue and $126K in expenditures.
Its funding that year was roughly 89% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 49% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $110K in 2024, the largest being $50K to Mon Sheong Foundation. Revenue has grown substantially over its filings on record here, from $226K in 2020 to $942K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The foundation is actively evaluating programs that it should support in order to carry out its purposes
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $942K | $126K | — | — | $110K | $1.8M |
| 2023 | $383K | $58K | — | — | $50K | $1M |
| 2022 | $159K | $57K | — | — | $50K | $703K |
| 2021 | $16K | $7,247 | — | — | — | $601K |
| 2020 | $226K | $50K | — | — | $45K | $592K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $110K to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Kin Pong Chung (trustee); Sigrid Chung (trustee); Andrew Yau-An Chung (trustee); Benson Yau-Tou Chung (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The ABC Charity Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 764441499RR0001), or read how we compute the receipt.