Universal Youth Foundation
Publicly funded institution · Concord, Ontario · BN 841628142RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($21,189) as filed with the CRA.
Universal Youth Foundation is a charitable organization based in Concord, Ontario, classified by the CRA under teaching institutions. 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 December 31, 2024, it reported $11K in revenue and $21K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Revenue has grown substantially over its filings on record here, from $2,756 in 2020 to $11K in 2024. Its filed list of directors and trustees shows 8 names.
In its own words
The universal youth foundation is committed to providing educational assistance to children and youth in need throughout the world.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11K | $21K | — | — | — | $208K |
| 2023 | $20K | $27K | — | — | — | $218K |
| 2022 | $1,473 | $666 | — | — | — | $225K |
| 2021 | $727 | $666 | — | — | — | $224K |
| 2020 | $2,756 | $1,036 | — | — | — | $224K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Julian Fantino (director); Doug Armstrong (treasurer); Peter Robertson (secretary); Mario Cortellucci (founder & director); Gord Walker (director); Esther Farlinger (director); Ralph Capocci (director); Ben Soave (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Universal Youth Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 841628142RR0001), or read how we compute the receipt.