MARGIE YUNG FOUNDATION
Private foundationFoundations·807 - 880 GRANDVIEW WAY · NORTH YORK, ON · M2N 7B2·BN 711960930RR0001
Last reported: F2024 filing · period ending 2024-07-31
Disbursed to charities T1
100%
of spending, to other registered charities
Operating overhead T1
100%
typical range 5–35%
Reserves T1
—
not in this filing
Revenue T1
$20K
not reviewed by an analyst (Charity Intelligence)
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
Common questions
How do I donate to Margie Yung Foundation?
You can search for it on CanadaHelps to donate. Charity Compass never handles your money — we only link out to where you can give.
Is Margie Yung Foundation a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 711960930RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is Margie Yung Foundation located?
Per its F2024 T3010, its address on file is 807 - 880 GRANDVIEW WAY, NORTH YORK, ON, M2N 7B2. Source.
What does Margie Yung Foundation do?
In its own words, from its F2024 T3010 filing: "Following closely the purpose and programs outlined in the governing documents the Margie Yung Foundation donated $20 000 in the financial year ending on July 31 2024 to five CRA registered charity organizations in Canada. The five charity organizations are shown in Form T1236 and the attached 2023-2024 financial…" Full program description.
How much does Margie Yung Foundation disburse to other charities?T1
Per its F2024 T3010, 100% of its spending went to other registered charities (self-reported, not independently verified). Full figures.
How big is Margie Yung Foundation?T1
Its last-reported revenue was $20K (F2024).
What it does — in its own words
Ongoing programs
Following closely the purpose and programs outlined in the governing documents the Margie Yung Foundation donated $20 000 in the financial year ending on July 31 2024 to five CRA registered charity organizations in Canada. The five charity organizations are shown in Form T1236 and the attached 2023-2024 financial statement. They are: (1) The Salvation Army in Toronto $8 000 (2) The Samaritan's Purse Canada in Calgary $4 000 (3) The World Vision Canada in Mississauga $1 000 (4) The Scott Mission in Toronto $3 500 and (5) The Ottawa Mission Foundation $3 500. Also following closely the … Show more
Following closely the purpose and programs outlined in the governing documents the Margie Yung Foundation donated $20 000 in the financial year ending on July 31 2024 to five CRA registered charity organizations in Canada. The five charity organizations are shown in Form T1236 and the attached 2023-2024 financial statement. They are: (1) The Salvation Army in Toronto $8 000 (2) The Samaritan's Purse Canada in Calgary $4 000 (3) The World Vision Canada in Mississauga $1 000 (4) The Scott Mission in Toronto $3 500 and (5) The Ottawa Mission Foundation $3 500. Also following closely the governing documents a revenue of $20 000 was received solely from David Yung husband of Margie Yung in loving memory of his wife who spent most of her life trying to help others.
New programs
No new programs.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.
Disbursed to qualified donees
T1 · computed (open data)100%
Per its F2024 T3010, this share of total spending went to other registered charities.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
100%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
—
Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Total revenue
T1 · computed (open data)$20K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)100%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Where the money comes from
Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.
Receipted donationsT1
100%
T3010 4500 ÷ 4700
GovernmentT1
0%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
0%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2021–2024.
| Period end | Revenue | Overhead | Reserves |
|---|---|---|---|
| 2021-07-31 | $0K | — | — |
| 2022-07-31 | $20K | 100% | — |
| 2023-07-31 | $20K | 100% | — |
| 2024-07-31 | $20K | 100% | — |
| trend |
Swipe sideways to see every column.
Program-spending share is left out: a foundation's lens is what it disburses, which the annual releases don't break out by year. From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
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Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.
Board of directors
3 directors reported · 1 of 3at arm's length
- YUNG, DAVID T LDirector and Presidentnot at arm's length
- YUNG, BRIAN PDirector and Secretarynot at arm's length
- SU, WEIDirectorarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗