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Wings of Opportunity Foundation

Private foundationSupport of schools and education·11 RUE DEYGLUN · CANDIAC, QC · J5R 6M7·BN 739234615RR0001·website ↗

Last reported: F2024 filing · period ending 2024-08-31

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.

What it does — in its own words

Ongoing programs

The Wings of Opportunity Foundation is focused on providing financial assistance to young Canadians under 25 years old to advance post-secondary education in the field of commercial pilot licence (CPL) training. The foundation provides scholarships every fall/winter on an annual basis to selected applicants across Canada. Funds are intended to cover the costs of flight certification which take between a few weeks and a year or more to achieve. Canadian fight training organizations and flight schools provide the education and flight experience in areas such as theory of flight navigation me Show more

The Wings of Opportunity Foundation is focused on providing financial assistance to young Canadians under 25 years old to advance post-secondary education in the field of commercial pilot licence (CPL) training. The foundation provides scholarships every fall/winter on an annual basis to selected applicants across Canada. Funds are intended to cover the costs of flight certification which take between a few weeks and a year or more to achieve. Canadian fight training organizations and flight schools provide the education and flight experience in areas such as theory of flight navigation meteorology and air law in order to assist recipients to obtain various flight certifications past the private pilot’s licence (PPL). Recipients may also have access to certified aircraft simulators located at Canadian flight schools and training organizations which can complement their operational flight experience. Theoretical courses and required dual flying time is provided by certified flight instructors who currently work in Canadian flight schools. Educational scholarships are offered to applicants under the age of 25 years old who hold a valid Canadian private pilot’s licence (PPL) and who are registered in a commercial pilot’s licence program at a Canadian flight school or training organization. The candidates are selected based on their academic abilities experience and achievements and professional aviation aspirations in Canada. Candidates are selected by the foundation’s national selection committee and no fees will be required to apply.

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.

Disbursed to qualified donees

T1 · computed (open data)

0%

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 ↗

Operating overhead

T1 · computed (open data)

1%

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 ↗

Reserves

T1 · computed (open data)

Years current reserves could cover program spending.

Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗

Total revenue

T1 · computed (open data)

$71K

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

34%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

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 ↗

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Board of directors

2 directors reported · 0 of 2at arm's length

  • Dejmek, Marcus MDDirectornot at arm's length
  • Dejmek, Lucas LDDirectornot at arm'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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