Broad Reach Foundation for Youth Leaders
Publicly funded institution · North York, Ontario · BN 891674525RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($742,009) as filed with the CRA.
Broad Reach Foundation for Youth Leaders is a charitable organization based in North York, Ontario, classified by the CRA under support of schools and education. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending November 30, 2024, it reported $700K in revenue and $742K in expenditures.
Its funding that year was roughly 62% from government, 34% from other charities. Government funding is the majority of its budget. In 2024, 7 other registered charities reported granting it a combined $206K.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 34% of peers. Its highest-paid positions fell in the $80,000–119,999 range (2 positions in that band). The charity reported 2 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $358K in 2020 to $700K in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
The foundation is dedicated to fostering life leadership skills development in youths with focus on disadvantaged young people experiencing economic social and physical barriers. Leadership skills development is achieved through the sport recreation science and mastery of sailing and providing youth with the tools they need to achieve their potential. The foundation’s programs help youth to develop skills knowledge and attitude to form a foundation for the practice leadership teamwork. Civic engagement social belonging respect and the pursuit of possibility and life-long learning…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $700K | $742K | $590K | $5,652 | — | $17K |
| 2023 | $1.1M | $1.1M | $914K | $8,887 | — | -$15K |
| 2022 | $302K | $373K | $287K | $2,446 | — | $12K |
| 2021 | $405K | $520K | $132K | — | — | $444K |
| 2020 | $358K | $296K | $167K | $6,819 | — | $672K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $206K from 7 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9992 positions
- Permanent full-time positions2
- Total compensation, all staff$260K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Charles Waterman (chair of the board); Matthew Gip (treasurer); Antoinetta Mak (director); Joan Tolberton (director); Galen Richardson (director); Haarish Ganesh (director); Emily Sale (director); Rehka Verma (director); Simon De Gnoot (co-treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Broad Reach Foundation for Youth Leaders’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891674525RR0001), or read how we compute the receipt.