897476560RR0001 — 0015
Registered — Vancouver, BC — Public Foundation
Scores: Legitimacy 100/100 · Effectiveness 72/100
Financials: Revenue $5,670,035 · Expenditures $528,425
ZLC Foundation is a 31-year-old Vancouver-based public foundation operating as an active grantmaker, distributing roughly $1M per year against $14.9M in revenue and $16.2M in assets, with most disbursements going to registered Canadian charities. The data shows a working grantmaker, though one historical grant flowed to YMCA of Greater Vancouver after that recipient voluntarily wound down its CRA registration, and a circular-flow relationship with Vancouver Foundation reflects normal community-foundation collaboration rather than a counterparty risk.
Our Verdict: An established Vancouver grantmaking foundation with strong governance, low fundraising costs, and an active grant pipeline — donors comfortable with grantmaker structures will find the financial discipline solid, with the flagged anomalies all explainable by structural grantmaker dynamics.