The Children of Greater Montréal at the Heart of the Foundation’s Actions

FGM/ June 5, 2017/ Non classifié(e)/ 0 comments

Before an enthusiastic assembly of fund creators, partners and administrators of the Foundation of Greater Montréal (FGM), Jean-François de Grandpré, Chair of the Board of Directors, and Yvan Gauthier, FGM President and CEO, unveiled the FGM’s exceptional results for the 2016 fiscal year and announced the Foundation’s main orientation for 2017.

Record donations of $58.8 million and a return of 8.5% for the FGM Investment Fund

Mr. de Grandpré paid tribute to everyone who contributed to these excellent results in 2016. These unprecedented returns are due in part to the FGM’s innovative philanthropic fund management model. According to Mr. de Grandpré, “This model allows us to concretely contribute to meet many social needs, such as newcomer inclusion, assistance to the homeless or support for victims of domestic violence.” Through its network of donors and fund creators, the FGM is positioning itself as an important investment lever. “This ability to sustain long-term action in the community makes the FGM an indispensable player in the well-being of Greater Montréalers.”

The FGM received record donations of $58.8 million in 2016, raising its assets under management to nearly $250 million. The Foundation now manages more than 500 individual and organizational philanthropic funds. Thanks to this growth of assets, the FGM is able to commit more actively to the community and extend its actions to areas as varied as culture, environment, health, education and social development.

Vital Signs of Greater Montréal’s Children

Three young people spoke to the assembly to conclude the meeting and offer a taste of Vital Signs 2017 (to be launched October 3). These youths spoke with simplicity and with compelling intelligence about mental illness, one of the issues that will be addressed by Vital Signs.

This vast initiative – a first in Greater Montréal – brings together nearly 30 experts from various backgrounds who put childhood at the heart of their research. All authorities in their respective fields, these specialists will provide important demographic data regarding issues such as education, inclusion, mobility and, of course, mental health. “This focus group is exceptional in the sense that young people play an active part in the process. We created six groups of kids who, using their own words, discuss the challenges they face. They are involved from the start,” says Yvan Gauthier, President and CEO of the FGM.
“Young people are our future. It is both pertinent and pressing to act coherently to improve their well-being,” said Jean-François de Grandpré, Chair of the Board of Directors.

Jean-François de Grandpré Re-elected Chair of the Board

“The FGM’s Board of Directors benefits from this year’s appointment of two members who bring their knowledge and passion to our community’s well-being,” said Mr. de Grandpré at the end of the Annual General Meeting.

Two new members are joining the Board of Directors:
Me Eric Lapierre
Lawyer and strategic consultant
Me Tasha Lackman
Associate Director, Strategic Initiatives, McGill University, University Advancement

The members of the FGM Board of Directors for 2017 are:
Hon. Jean-François de Grandpré
Retired judge, Superior Court of Québec

Deborah Shannon Trudeau
Vice-president, International Business and Licensing, Trudeau Corporation

Kim Thomassin
Executive Vice-president, Legal Affairs and Secretariat, Caisse de dépôt et placement du Québec

Laurent Giguère
Partner, audit, KPMG

Danielle Sauvage
Manager in the cultural sector

Alice Herscovitch
Executive Director, Montréal Holocaust Museum
Jean Camerlain
Former Executive Vice-president and Chief Operating Officer, Centraide of Greater Montréal

Jean-Guy Gourdeau
President and Chief Executive Officer, Montreal General Hospital Foundation

Kathy Fazel
Vice-president and Investment Counsellor, RBC PH&N Investment Counsel

Sylvie Demers
Senior Vice-president, Quebec Region, TD Trust Canada

Suzanne Gouin
Corporate Director

Me Diane Tsonos, TEP
Partner, Richter

Me Eric Lapierre
Lawyer and strategic consultant

Me  Tasha Lackman
Associate Director, Strategic Initiatives, McGill University, University Advancement

Recognition of the Invaluable Contribution of Outgoing Members

The FGM expressed its appreciation to the outgoing members of the Board of Directors for their outstanding commitment and contribution to the development and outreach of the Foundation. Outgoing members are:

Sam Scalia
Founder and President, Samcon
Normand Grégoire Former
Vice-president, Investments, Lucie and André Chagnon Foundation

Michael Novak

Roland Lescure
Former Executive Vice-president and Chief Investment Officer, Caisse de dépôt et placement du Québec

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