890328370RR0001 — 0015
Registered — Laval, QC — Private Foundation
Scores: Legitimacy 100/100 · Effectiveness 88/100
Financials: Revenue $810,561 · Expenditures $92,328
Fondation Yvan Morin is a Laval-based education foundation sitting on over $10 million in assets while spending less than $100,000 annually — a ratio that defines its character as a long-horizon endowment vehicle. Revenue has grown at a 14.5% CAGR but with extreme volatility, including a near-total single-year revenue cliff, suggesting lumpy investment returns or periodic large gifts rather than steady fundraising. The foundation earns an A+ trust grade on the strength of perfect legitimacy scores and low compliance risk, though its spending patterns merit closer inspection.
Our Verdict: This is a well-established education endowment with a 33-year track record and substantial assets backing its mission. Donors should understand that contributions here are likely to be invested for long-term growth rather than deployed immediately — if you want your dollar working now, this may not be the right fit, but for patient capital it is a sound steward.