ZQ Possibilities Foundation
Private foundation · Vancouver, British Columbia · BN 731110813RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($32,086) as filed with the CRA.
ZQ Possibilities Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $21K in revenue and $32K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $20K in 2024, the largest being $5,000 to Langley Community Health and Hospital Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
To make donations to qualified donees within the meaning of subsection 149.1(1) of the income tax act provide funding through donations to other charities the charity is actively designing its programs and looking for donations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $21K | $32K | — | — | $20K | $466K |
| 2023 | $500K | $23K | — | — | $18K | $477K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $20K to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ni Qin (director); Yixing Wang (director); Yu Zhang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from ZQ Possibilities Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 731110813RR0001), or read how we compute the receipt.