The Mun and Cha Scholarship Fund
Charitable organization · Toronto, Ontario · BN 729994913RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($156,832) as filed with the CRA.
The Mun and Cha Scholarship Fund is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $82K in revenue and $157K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 21% of peers.
Its filed list of directors and trustees shows 1 name.
In its own words
The fund assists in the advancement of education by providing publicly available scholarships bursaries and other forms of financial assistance to eligible individuals to be used by them for post secondary education and through providing financial assistance to designated institutions.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $82K | $157K | $100K | — | — | $2.4M |
| 2023 | -$65K | $158K | $98K | — | — | $2.5M |
| 2022 | $117K | $150K | $98K | — | — | $2.7M |
| 2021 | $116K | $191K | $98K | — | — | $2.8M |
| 2020 | $73K | $124K | $95K | — | — | $2.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Cibc Trust Corporation (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Mun and Cha Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 729994913RR0001), or read how we compute the receipt.