Wellspring Charitable Foundation
Private foundation · Vancouver, British Columbia · BN 798587317RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($66,621) as filed with the CRA.
Wellspring Charitable Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $61K in revenue and $67K in expenditures.
Its funding that year was roughly 100% from donations. In 2024, 1 other registered charity reported granting it a combined $25K.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 55% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $53K in 2024, the largest being $50K to Kwantlen Polytechnic University Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
Bc children's hospital foundation kpu foundation
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $61K | $67K | $7,596 | — | $55K | $17K |
| 2023 | $50K | $90K | — | — | $86K | $23K |
| 2022 | $60K | $50K | — | — | $40K | $63K |
| 2021 | $100K | $50K | — | — | $30K | $53K |
| 2020 | $86K | $94K | — | — | — | $3,356 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $53K to 2 qualified donees:
Received $25K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Yu (director); Weidong Yu (director); Tianyu Zhang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Wellspring Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 798587317RR0001), or read how we compute the receipt.