The Young Family Foundation
Private foundation · Toronto, Ontario · BN 860353960RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($49,062) as filed with the CRA.
The 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 $73K in revenue and $49K in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers.
As a grantmaker, it reported gifts to 14 qualified donees totalling $33K in 2024, the largest being $3,000 to The Alice Sanctuary. Revenue has grown substantially over its filings on record here, from $34K in 2020 to $73K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The trust is to be constituted and operated exclusively for charitable purposes including the advancement of religion advancement of education the relief of poverty and purposes beneficial to the community as a whole.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $73K | $49K | — | — | $33K | $1M |
| 2023 | $44K | $49K | — | — | $34K | $962K |
| 2022 | $41K | $52K | — | — | $36K | $899K |
| 2021 | $43K | $51K | — | — | $34K | $1.1M |
| 2020 | $34K | $47K | — | — | $32K | $988K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $33K to 14 qualified donees:
- The Alice Sanctuary$3,000
- ST. Michael's and Providence Foundation$3,000
- The National Ballet of Canada/le Ballet National du Canada$3,000
- The Art Gallery of Ontario Foundation$3,000
- The Royal Ontario Museum Foundation$3,000
- Calgary Meals on Wheels$3,000
- Make-A-Wish Foundation of Canada$2,000
- Calgary Drop-In & Rehab Centre Society$2,000
- Calgary Humane Society for Prevention of Cruelty to Animals$2,000
- Our Lady of Perpetual Help Parish$2,000
- The Princess Margaret Cancer Foundation$2,000
- Wellspring Cancer Support Foundation/fondation Wellspring pour les Personnes Atteintes de Cancer$2,000
- UHN Foundation$2,000
- The Charitable Foundation of the Ontario Grocery Industry$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Arlene Iris Marie Young (trustee); Lesley Dawn Young (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Young Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 860353960RR0001), or read how we compute the receipt.