The Michael Young Family Foundation
Private foundation · Toronto, Ontario · BN 890287618RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,110,725) as filed with the CRA.
The Michael Young Family Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $7.5M in revenue and $2.1M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 64% of peers.
As a grantmaker, it reported gifts to 21 qualified donees totalling $1.9M in 2024, the largest being $405K to Art Gallery of Ontario. Its filed list of directors and trustees shows 8 names.
In its own words
We make donations to qualified donees primarily in the areas of conservation education and the arts focusing on environmentally-driven projects in both urban and rural communities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $7.5M | $2.1M | $37K | — | $1.9M | $46.2M |
| 2023 | $5.1M | $3.5M | $37K | — | $1.7M | $40.8M |
| 2022 | $2.3M | $7M | $31K | — | $1.5M | $39.2M |
| 2021 | $11.5M | $1.4M | $11K | $0 | $1.3M | $43.9M |
| 2020 | -$212K | $2.4M | — | — | $1.4M | $33.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.9M to 21 qualified donees:
- Art Gallery of Ontario$405K
- Township of the Archipelago$200K
- Centre for Land Conservation$200K
- HopeTowns Community Ventures$175K
- Lay-Up Youth Basketball$150K
- Kawartha Land Trust$150K
- Small Change Fund$100K
- Toronto Foundation$100K
- The Schad Foundation$100K
- Evergreen$100K
- International Conservation Fund of Canada Inc.$52K
- Toronto Festival of Arts Culture and Creativity$50K
- Judy and Wilmot Matthews Foundation$34K
- Doug Philpott Inner-City Children's Tennis Fund$25K
- The Refuge Youth Outreach Centre$25K
- Kawartha Turtle Trauma Centre$10K
- The Upper Canada College Foundation$10K
- Aciac$10K
- YWCA Toronto$5,000
- Hotdocs$5,000
- Partners in Art$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Young (chairman); Robin Young (secretary); Julia Firestone (trustee); David Young (trustee); Sophie Young (trustee); Michael Young (trustee); Andrew Young (trustee); Cherri Le Forestier (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Michael Young Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890287618RR0001), or read how we compute the receipt.