Tzu Yang Yen Scholarship Foundation
Private foundation · Scarborough, Ontario · BN 888835592RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($21,148) as filed with the CRA.
Tzu Yang Yen Scholarship Foundation is a private foundation based in Scarborough, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending May 31, 2024, it reported $4,729 in revenue and $21K 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 42% of peers.
Revenue has declined over its filings on record here, from $9,213 in 2020 to $4,729 in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The foundation administers financial assistance and scholarship awards to students who lives in either canada united states or china and who is enrolled in primary school secondary school junior high school and post-secondary institutions. (financial assistance is restricted to post-secondary education in canada and united states) application in prescribed from must be filled out and submitted by the educaitonal institute for the board to make final decision to facilitate the application process the board of directors will contact various school boards and educational institute to act …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4,729 | $21K | $18K | — | — | $178K |
| 2023 | $15K | $17K | $14K | — | — | $194K |
| 2022 | $8,582 | $19K | $17K | — | — | $197K |
| 2021 | $1,658 | $69K | $37K | — | — | $207K |
| 2020 | $9,213 | $33K | $31K | — | — | $273K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Shao-Yen Pan (secretary); Ya-Ping Yan (vice president); Jing-Wen Yan (secretary); Yu-Lai Yan (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Tzu Yang Yen Scholarship Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888835592RR0001), or read how we compute the receipt.