The Young Citizens Foundation is an incorporated, non-profit society, registered with Industry Canada and which the Canada Revenue Agency has authorized to issue charitable tax receipts.
What is the ‘Mission’ of The Young Citizens Foundation?
Canada’s future depends upon the development of strong leadership in our youth.
The mission of the Young Citizens Foundation is to assist young Canadians to grow and mature as committed, knowledgeable and contributing Canadian citizens.
The Foundation achieves this objective by encouraging young Canadians to participate in development programs operated by nationally recognized organizations that provide life-learning opportunities for our youth which will significantly influence and benefit their development as caring Canadian citizens.
This encouragement takes three forms.
1. The Foundation will work with these organizations to help promote their programs.
2. The provision of post-secondary scholarships to selected participants. It is important that these students, who have developed these positive attitudes, continue their education so that they can achieve positions of leadership in their communities, regionally and nationally.
3. The provision of assistance grants to Encounters With Canada students from families of proven need so that they are given the opportunity to attend this nationally recognized citizenship development program.
The Foundation also wants to provide an opportunity for those individuals, corporations, and organizations that wish to assist the Foundation in this worthwhile endeavour, to donate to a well-managed, cost-effective, non-profit charitable foundation.
Please note that The Young Citizens Foundation is an independent public foundation that is not legally associated with the programs that it is helping to support.
We are not members of the societies that oversee these programs; are not members of their boards of directors; and, play no part in the formation of their operational policies.
What is our motivation? – The Young Citizens Foundation and its Board of Directors understand that Canada’s future depends upon developing Canada’s youth into knowledgeable and committed leaders who have a passion for the values that Canadian citizenship training develops. It is in Canada’s interest if we encourage students to attend such programs.
Why should I make The Young Citizens Foundation my 'Charity of Choice'?
There are four main reasons which make the Young Citizens Foundation a 'standout' amongst other Canadian charitable organizations.
1. It has a very compelling mission; that is, to financially support citizenship development amongst Canada's youth. Please see our Mission Statement.
2. The Foundation is managed by a competent and caring board of directors.
3. Because of the generosity of Corporate Supporters, our volunteer Board of Directors, and our extremely efficient business design, we are able to maximize the amount of your donation that is targeted toward achieving our mission. Very few can live up to that claim..
4. We have an admirable operational ethic. It is based on Rotary's Four Way Test. The test asks the following questions:
Of the things we think, say or do
Is it the TRUTH?
Is it FAIR to all concerned?
Will it build GOODWILL and BETTER FRIENDSHIPS?
Will it be BENEFICIAL to all concerned?
We emulate this operational ethic and consider it to be a key component of managing our Foundation. We value our Donors, keep our commitments to them and value their participation. We want to build long term relationships.
Who governs the Foundation?
The Young Citizen Foundation is governed by a board of directors who have considerable experience with the Encounters With Canada program along, other youth citizenship programs, and with financial and foundation management.
Who can donate to the Foundation?
Any individual, corporation, or institution that appreciates the Mission of The Young Citizens Foundation.
Which endowment funds are available?
One can donate to:
The Young Citizens Foundation General Permanent Endowment Fund Where the use of the income from that fund is determined by the board, but is generally used to subsidize student participation fees for attending the Encounters With Canada Program.
The Canadian Unity Council Permanent Endowment Fund
The Brigadier-General R. Duane Daly Permanent Endowment Fund
Specifically designated ‘Special Purpose Funds’ set up by the board of directors.
A Personally Named Fund.
For a minimum donation of $10,000, a donor may establish and name a specific permanent endowment fund whose income will be used for a specific purpose agreed upon by the Board and the Donor.
Can we donate to specific projects for use right now and get a tax receipt?
Yes, our ‘flow-through’ feature allows donors to give to an immediate need or purpose and get a tax receipt for the year of the donation.
What types of donations can be made?
Donations can be made in the form of:
Gifts ‘in kind’ such as:
Publicly traded shares,
Charitable Remainder Trusts,
A Gift of a Residual Interest
Can I make use of the Foundation in my estate planning?
Definitely, contact us to discuss the bequest features of the Foundation.
Will the Foundation work with my estate planning professional?
Definitely, have your professional contact us.
What happens to my donation?
Your donation will be pooled and invested, with the earnings either going to a specified use or be allowed to accumulate to build up the fund. The Foundation investment portfolio is managed on ongoing basis by one of Canada's most prestigious portfolio management firms, R.B.C. Dominion Securities which is a wholly owned subsidiary of the Royal Bank of Canada. With 400,000 clients worldwide and $130 billion in assets under administration, they are Canada's leading full-service investment and wealth management firm. The portfolio is invested according to the following two foundation policy statements: