891370660RR0001 — 0210
Registered — Quebec, QC — Public Foundation
Scores: Legitimacy 100/100 · Effectiveness 75/100
Financials: Revenue $4,776,887 · Expenditures $3,059,548
Fondation Maurice Tanguay in Quebec City earns a B grade as a 32-year-old community foundation directing only 35% of expenditures to direct programs but maintaining a solid 62% concentrated donation flow to beneficiary organizations. With 9.7 months of reserves and stable 4.5% revenue growth, the foundation demonstrates steady grant-making operations, though the low direct program ratio reflects its intermediary role distributing funds to other charities.
Our Verdict: An established community foundation in Quebec, QC, where only 35% of spending reaches programs and spending 34% of revenue on fundraising — donors should review the flagged concerns before giving.