The Light Foundation
Private foundation · Markham, Ontario · BN 750578130RR0001 · Foundations
Source: T3010 return, FPE 2023-12-31. Split of total expenditures ($238,073) as filed with the CRA.
The Light Foundation is a private foundation based in Markham, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2023, it reported $282K in revenue and $238K in expenditures.
Its funding that year was roughly 99% from donations.
Compared with 2,659 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 90% of peers.
As a grantmaker, it reported gifts to 10 qualified donees totalling $238K in 2023, the largest being $120K to Fu Hui Education Foundation. Its filed list of directors and trustees shows 2 names.
In its own words
Donations had been received and 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, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $282K | $238K | — | — | $238K | $298K |
| 2022 | $228K | $166K | — | — | $166K | $254K |
| 2021 | $166K | $33K | — | — | $33K | $192K |
| 2020 | $300K | $241K | — | — | $145K | $58K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2023
- Receipted donations$280,000
- Investment income$2,024
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, 2023
Granted $238K to 10 qualified donees:
- Fu Hui Education Foundation$120K
- Scarborough Health Network Foundation$70K
- Canadian Cancer Society$20K
- Po Lam Buddhist Association$5,000
- International Buddhist Progress Society of Toronto$5,000
- International Buddhist Progress Society of Ottawa-Carleton$5,000
- Cham Shan Temple$5,000
- Hong Fook Mental Health Foundation$5,000
- Mon Sheong Foundation$2,500
- Canadian Sifonetta Youth Orchestra$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Stanley Kwan (trustee); Michelle Kam (trustee).
As listed on its 2023 return.
Check the source
Every figure on this page is from The Light Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 750578130RR0001), or read how we compute the receipt.