The Peterson Group Foundation
Private foundation · Vancouver, British Columbia · BN 815203310RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($707,972) as filed with the CRA.
The Peterson Group Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $4.8M in revenue and $708K in expenditures.
Its funding that year was roughly 64% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 16 qualified donees totalling $737K in 2024, the largest being $400K to BC Cancer Foundation. Revenue has grown substantially over its filings on record here, from $1.5M in 2020 to $4.8M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
To make donations to qualified donees within the meaning of subsection 149.1(1) of the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.8M | $708K | — | — | $692K | $18.7M |
| 2023 | $1.3M | $467K | — | — | $450K | $14.6M |
| 2022 | $71K | $121K | — | — | $109K | $13.7M |
| 2021 | $3.1M | $538K | — | — | $506K | $13.8M |
| 2020 | $1.5M | $26K | — | — | — | $11.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $737K to 16 qualified donees:
- BC Cancer Foundation$400K
- British Columbia's Children's Hospital Foundation$170K
- Tung Lin Kok Yuen Canada Society$40K
- Tung Lin Kok Yuen Canada Society$40K
- Christ City Church$25K
- Looking Glass Foundation for Eating Disorders$20K
- Coast Mental Health Foundation$10K
- Coast Mental Health Foundation$10K
- Vancouver Urbanarium Society$10K
- Canuck Place Children's Hospice$2,500
- Butterfly Run Canada$2,500
- York House School Society$2,500
- A Loving Spoonful Meals Society$2,000
- The Sharing Farm Society$1,550
- Sea Smart School Society$680
- British Columbia Christian Academy Foundation$250
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Raymond Choy (director); Jane Young (secretary); Benjamin Yeung (president/treasurer); Sai Hong Yeung (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Peterson Group Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815203310RR0001), or read how we compute the receipt.