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À chaque mois, nous abordons un thème différent avec un mot de la direction ainsi que de courtes vignettes portant sur les fonds, les philanthropes et les organismes qui forment la communauté de la FGM en se mettant à l’écoute et au service de la communauté du Grand Montréal.
In order to support the arts and promote cultural philanthropy in our community, the Foundation of Greater Montréal is a partner in matching programs that encourage philanthropy in these fields. Registered cultural organizations can create a fund at FGM and then submit grant applications for funds that will match the product of their fundraising efforts. The income generated by the investment of subsequent contributions, coupled with the cultural groups’ own endowments, serves to develop and maintain their activities for the benefit of creators, cultural workers, and the community as a whole. Here is a glimpse of those programs:
This program aims to ensure the independence and financial security of non-profit organizations in the fields of culture and communications. It fosters the creation of permanent funds and encourages these organizations’ fundraising efforts by matching the funds raised. Visit the Gouvernement du Québec‘s website for more details (information available in French only).
Established in 2001 by Canadian Heritage, the Canada Cultural Investment Fund (endowment incentives component) encourages arts organizations to develop new revenue streams. The federal government provides a financial incentive which serves to supplement donations raised. Learn more about this program by visiting the Government of Canada‘s website.
Mécénat Musica is a cultural program created in 2013 by donors, for donors. It encourages individuals to make an in-perpetuity donation of $25,000 to a cultural organization close to their hearts and encourages donating families to give $250,000 or $2,500,000 to match these individual donations, helping create a major shift in the cultural philanthropy landscape. Since the very beginning, the Foundation has been involved in the program, which celebrated its 10th anniversary in 2023. Donations from Mécénat Musica are all the more impactful because they add to the initial amount that a cultural organization entrusts to FGM before even applying for a matching grant from the Mécénat Placements Culture and Canadian Heritage programs. For more information about this program, visit Mécénat Musica‘s website.
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The Foundation’s philanthropic development team is there to support eligible cultural organizations in their participation to these matching programs, and to help them maximize the benefits available to them. Contact us to learn more.
