The Hope Initiative Foundation
Charitable organization · Vancouver, British Columbia · BN 716745518RR0001 · Community Resource Organizations · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($580) as filed with the CRA.
The Hope Initiative Foundation is a charitable organization based in Vancouver, British Columbia, classified by the CRA under community resource organizations. In its fiscal year ending April 30, 2024, it reported $3,451 in revenue and $580 in expenditures.
Its funding that year was roughly 97% from donations. In 2024, 1 other registered charity reported granting it a combined $25K.
Compared with 1,274 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Its filed list of directors and trustees shows 3 names.
In its own words
HOPE for the Future - scholars program for university students entering graduate or professional studies HOPE for Success - high school program for students entering post-secondary studies Warmth of Winter - outreach project in marginalized communities Hands of HOPE - high school branches of the organization
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3,451 | $580 | $580 | $0 | $0 | $39K |
| 2023 | $17K | $5,689 | — | — | — | $31K |
| 2022 | $3,380 | — | $494 | — | — | $36K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $25K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Vivian Tsang (director); Manish Toofany (director); Venus Tsang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Hope Initiative Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 716745518RR0001), or read how we compute the receipt.