Universitas Trust Funds at the origin of Educaid
Educaid was founded in 2002 by two of Universitas senior executives: Jean Marchand and Richard Garneau. Perceiving the gross inequalities in educational achievement, they decided to initiate a charitable project based on the following explicit principle: young people who are motivated, but also from less privileged backgrounds, should not be penalized by limited financial means. All, without exception, must have the opportunity to continue their academic path and achieve the success they deserve.
Educaid: An independent orangization
Educaid is a charity organization; it is self-sufficient and completely independent from Universitas Trust Funds. The organization is funded solely by donations from private individuals, corporations, private foundations or from any other organization.