THE MICHAEL YOUNG FAMILY FOUNDATION
Private foundationFoundations·PH2 - 77 CHARLES ST W · TORONTO, ON · M5S 0B2·BN 890287618RR0001
Last reported: F2024 filing · period ending 2024-12-31
Disbursed to charities T1
91%
of spending, to other registered charities
Operating overhead T1
55%
typical range 5–35%
Reserves T1
1,235.5 yr
of program spending, in cash and investments
Revenue T1
$7.5M
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 The Michael Young Family 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 The Michael Young Family Foundation a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 890287618RR0001. 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 The Michael Young Family Foundation located?
Per its F2024 T3010, its address on file is PH2 - 77 CHARLES ST W, TORONTO, ON, M5S 0B2. Source.
What does The Michael Young Family Foundation do?
In its own words, from its F2024 T3010 filing: "WE MAKE DONATIONS TO QUALIFIED DONEES PRIMARILY IN THE AREAS OF CONSERVATION EDUCATION AND THE ARTS FOCUSING ON ENVIRONMENTALLY-DRIVEN PROJECTS IN BOTH URBAN AND RURAL COMMUNITIES." Full program description.
How much does The Michael Young Family Foundation disburse to other charities?T1
Per its F2024 T3010, 91% of its spending went to other registered charities (self-reported, not independently verified). Full figures.
How big is The Michael Young Family Foundation?T1
Its last-reported revenue was $7.5M (F2024).
What it does — in its own words
Ongoing programs
WE MAKE DONATIONS TO QUALIFIED DONEES PRIMARILY IN THE AREAS OF CONSERVATION EDUCATION AND THE ARTS FOCUSING ON ENVIRONMENTALLY-DRIVEN PROJECTS IN BOTH URBAN AND RURAL COMMUNITIES.
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)91%
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 ↗
55%
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
1,235.5 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
Charities its size ($1M–$10M, 9,072): median 0.5 yr; 43% hold under half a year. All operating charities: median 0.8 yr.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Total revenue
T1 · computed (open data)$7.5M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)0%
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
0%
T3010 4500 ÷ 4700
GovernmentT1
0%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
100%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Overhead | Reserves |
|---|---|---|---|
| 2019-12-31 | $6.9M | 27% | — |
| 2020-12-31 | $-212K | 4% | — |
| 2021-12-31 | $11.5M | 55% | 4,168.5 yr |
| 2022-12-31 | $2.3M | 1% | 1,256.6 yr |
| 2023-12-31 | $5.1M | 5% | 1,091.6 yr |
| 2024-12-31 | $7.5M | 55% | 1,235.5 yr |
| 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.
Similar charities
Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.
- THE MICHAEL AND DAVID CAPE FOUNDATION
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97%disbursed · T1
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- DEUX MILLE FOUNDATION
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86%disbursed · T1
- JMJ Foundation
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- THE FRANCIS FAMILY FOUNDATION
TORONTO, ON·revenue $505K
100%disbursed · T1
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
8 directors reported · 2 of 8at arm's length
- YOUNG, DAVID HCHAIRMANnot at arm's length
- YOUNG, ROBIN MSECRETARYnot at arm's length
- FIRESTONE, JULIA GTRUSTEEarm's length
- YOUNG, DAVID CTRUSTEEnot at arm's length
- YOUNG, SOPHIE MTRUSTEEnot at arm's length
- YOUNG, MICHAEL MTRUSTEEnot at arm's length
- YOUNG, ANDREW FTRUSTEEnot at arm's length
- LE FORESTIER, CHERRI LTRUSTEEarm'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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