Charity BreakdownCanadian charity filings, itemized

The JJJL Lee Foundation La Fondation JJJL Lee

Private foundation · Montreal, Quebec · BN 751937897RR0001 · Foundations

Every $100 spentThe JJJL Lee Foundation La Fondation JJJL LeeFiscal year ended December 31, 2024
Gifts to other charities$80
Other$20
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($81,755) as filed with the CRA.

The JJJL Lee Foundation La Fondation JJJL Lee is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $74K in revenue and $82K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 31% of peers.

As a grantmaker, it reported gifts to 7 qualified donees totalling $65K in 2024, the largest being $10K to Fondation W.. Its filed list of directors and trustees shows 2 names.

In its own words

Gifting of funds from time to time to qualified donees as detailed in the income tax act (canada).

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$74K$82K$65K$1M
2023$44K$72K$55K$1M
2022$68K$61K$50K$1M
2021$102K$65K$53K$1M
2020$63K$70K$60K$997K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$1M$1,005,996 in total assets
Given away$65Kto 7 charities
That is6.5%of what it holds
Where the money came from
  • Investment income$30,704

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Julian Lee (president director); Leyenda Lee (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from The JJJL Lee Foundation La Fondation JJJL Lee’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 751937897RR0001), or read how we compute the receipt.