FEDERATION OF CHINESE CANADIAN PROFESSIONALS (ONTARIO) EDUCA
Public foundationFoundations advancing education·245 FAIRVIEW MALL DRIVE · SUITE 438 · TORONTO, ON · M2J 4T1·BN 132137423RR0001·website ↗
Last reported: F2024 filing · period ending 2024-05-31
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
What it does — in its own words
Ongoing programs
TO PROVIDE SCHOLARSHIPS AND AWARDS TO QUALIFIED STUDENTS ATTENDING ONTARIO POST-SECONDARY INSTITUTIONS -TO PROVIDE INTEREST FREE LOANS TO QUALIFED STUDENTS -TO ESTABLISH AWARD OF MERIT TO DISTINGUISHED CHINESE CANADIANS
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Disbursed to qualified donees
T1 · computed (open data)90%
Per its F2024 T3010, this share of total spending went to other registered charities.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)62%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)10,986.4 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$168K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)69%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-05-31 | $29K | — | — | — |
| 2020-05-31 | $40K | — | — | — |
| 2021-05-31 | $16K | — | — | — |
| 2022-05-31 | $183K | 100¢ | — | 254.4 yr |
| 2023-05-31 | $15K | 100¢ | — | 448 yr |
| 2024-05-31 | $168K | 2¢ | 62% | 10,986.4 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
9 directors reported · 8 of 9at arm's length
- CHAN, MICHAELTRUSTEEarm's length
- CHAN, CLEMENTTRUSTEEarm's length
- MA, AMANDATREASURERarm's length
- FUND, KENNETHTRUSTEEarm's length
- SIN, DAVIDVICE PRESIDENTarm's length
- TSAO, ROSLYNPRESIDENTarm's length
- LI, PETERTRUSTEEarm's length
- LO, CECILIATRUSTEEnot at arm's length
- KWAN, DEBBIETRUSTEEarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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