What is the We charity worth?

Article content. As of Aug. 31, 2019, WE Charity had $62.5 million in assets — $43 million of that was in the form of land and buildings, and approximately $9 million was in marketable securities which are investments that can be easily liquidated. WE Charity’s revenue for the 2019 fiscal year was $65.9 million.

Is the WE Charity legitimate?

Mission: WE Charity is an international charity and educational partner. Our organization is unique in that it operates collaborative programs both domestically and internationally. In the US, Canada, and the UK, WE Day and WE Schools are initiatives of WE Charity that educate and empower young people.

Where does the WE Charity money go?

WE Charity spends less than 10 percent of its funds on administration, with, on average, 90 cents of every dollar donated going directly to support our projects and programs. WE Charity receives approximately one eighth of our consolidated budget in the form of in-kind goods and supplies.

How much was the we contract?

The WE Charity scandal was a Canadian political scandal regarding the awarding of a federal contract to WE Charity to administer the $912 million Canada Student Summer Grant program (CSSG).

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Who funds the WE Charity?

It also received $6.7m in government funding and $5.2m in donated goods and volunteer time. WE Charity’s administrative costs are 3% of revenues (less investment income) and fundraising costs are 3% of Canadian donations. This results in total overhead spending of 7%.

What does the WE Charity actually do?

The charity runs domestic programs for young people in Canada, the US and the UK, and international development programs in Africa, Asia and Latin America. In September 2017, the organization moved to a new headquarters in downtown Toronto, named “WE Global Learning Centre”.

What is the purpose of we?

Transforming lives through sustainable impact

In Africa, Asia and Latin America, we partner with communities to implement WE Villages, a holistic, five-pillar international development model designed to achieve sustainable change.

What is the goal of the WE organization?

WE Charity empowers people of all ages to make a difference, both domestically and internationally, through programs like WE Schools and WE Villages. WE Charity achieves a remarkable financial efficiency, with an average of 90% of donations going directly to child-serving programs.

Is charity still operating?

Last September, after months of being at the centre of a major government controversy over the outsourcing of a student grant program to WE, the charity announced it was winding down its Canadian operations and selling its Canadian assets.

How much are the Kielburgers worth?

Article content. The total value of all of these holdings in terms of purchase price — an amount confirmed by WE — is $11.9 million, but it is still unclear, despite direct questions to WE, if they represent all of the real estate holdings of ME to WE.

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What does the free the children do?

Free the Children is dedicated to eliminating the exploitation of children around the world, by encouraging youth to volunteer in, as well as to create programs and activities that relieve the plight of nderprivileged children.