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 is a Quebec-based public foundation (CRA category 0210, designation 2) with 32 years of clean filings, founded by the well-known Quebec furniture-retail family and dedicated to supporting children's causes. Its 2023 filing shows $4.8M in revenue but a 35.1% program-spending ratio and a 33.7% fundraising-cost ratio — figures that look low and high respectively when read as an operating charity, but which fit the structural pattern of an event-driven family-foundation grantmaker.
Our Verdict: An established 32-year-old Quebec family foundation with a perfect legitimacy record and grantmaking-aligned financials — donors should understand that the elevated fundraising ratio reflects the cost of running its annual gala and golf-tournament fundraisers rather than overhead inefficiency.