Young Foundation
Private foundation · Vancouver, British Columbia · BN 843623679RR0001 · Foundations
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($190,915) as filed with the CRA.
Young Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $286K in revenue and $191K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 9% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $91K in 2024, the largest being $20K to Lakeside Trail Society. Revenue has declined over its filings on record here, from $451K in 2020 to $286K in 2024. Its filed list of directors and trustees shows 3 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $286K | $191K | — | — | $91K | $2.9M |
| 2023 | $170K | $303K | — | — | $198K | $2.8M |
| 2022 | $404K | $194K | — | — | $101K | $3M |
| 2021 | $433K | $207K | — | — | $100K | $2.8M |
| 2020 | $451K | $196K | — | — | $82K | $2.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, February 28, 2024
- Other income$220,564
- Investment income$38,599
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $91K to 9 qualified donees:
- Lakeside Trail Society$20K
- Downtown Eastside Neighbourhood House Society$18K
- Cyrus Centre Ministries$10K
- Communitas Supportive Care Society$10K
- Oceana Canada$10K
- Aunt Leah's Independent Lifeskills Society$10K
- The Downtown Eastside Women's Centre Association$7,000
- Greater Vancouver Food Bank Society$5,000
- Union Gospel Mission$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
James Young (director); Judy Young (director); Brian Young (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Young Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 843623679RR0001), or read how we compute the receipt.