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Jean-François de Grandpré, Chair of the FGM’s Board of directors - Foundation of Greater Montréal Montréal, May 25, 2016 – The recent Annual General Meeting of the Foundation of Greater Montréal ended with a deeply felt tribute to Richard W. Pound, Chair of the Board since 2010. The incoming chair, Jean-François de Grandpré, stated that “Richard W. Pound succeeded in bringing a powerful impetus to the Foundation by maintaining a b and unified team, despite the many challenges encountered in recent years.” Mr. Pound declared that he was “very confident in this passing on the flame and was convinced that the new chair and the new team will maintain the high level of excellence that had been achieved.” Jean-François de Grandpré previously chaired the FGM governance, ethics and nominations committee and is a retired judge of the Superior Court of Québec.  

Asset growth of the FGMIF and distribution of nearly $6 M to 332 community organizations

The year 2015 was a significant one for the FGM: “For the first time in its sixteen-year history, the Foundation undertook a comprehensive dialogue with community representatives to examine the issues and challenges that matter most for Montréal, such as homelessness, poverty, mental health, early school leaving, community-based art programs, domestic violence and the environment. The launch of our Vital Signs report on October 6, 2015, was also the starting point for a campaign to improve the well-being of the community, and during this campaign, the FGM established many new relationships and greatly augmented its reach,” added Yvan Gauthier, President and CEO of the Foundation.
In terms of financial growth, the assets managed by the Foundation of Greater Montréal Investment Fund (FGMIF) reached a total of $185 million—a leap of nearly $8 million and an asset growth rate of 4.4% in one year. Forty-eight new philanthropic funds were created in 2015 by organizations and individuals, bringing the total to 480. The distribution of grants also increased by 45% over the previous year, with a total of nearly $6 million transferred to 332 community organizations located in the greater metropolitan area.

Gender parity on the Board of directors

In addition to relying once again on a board which includes highly reputed members within  the business, social development and  cultural sectors of Greater Montréal, the new chair especially praised the parity of women and men on the new FGM board. “We have targeted this objective in a demanding way, by seeking the greatest possible expertise, and we are very proud to have achieved it,” noted Jean-François de Grandpré. “With all these leading Montréalers in charge, the FGM can extend its reach ever further into the community.”

The members of the FGM board of directors for 2016:

Jean-François de Grandpré
Chair
Deborah Shannon Trudeau
Vice President
Retired judge, Superior Court of Québec

Vice President, International Business and Licensing, Trudeau Corporation
Kim Thomassin
Secretary
Managing Partner, McCarthy Tétrault
Jean-Guy Gourdeau
Treasurer
President and CEO, Montreal General Hospital Foundation
Danielle Sauvage Manager, Cultural sector
Alice Herscovitch General Manager, Montreal Holocaust Memorial Centre
Laurent Giguère Partner, audit, KPMG
Normand Grégoire Former Vice President, Investments, Lucie and André Chagnon Foundation
Roland Lescure Senior Executive Vice President and Chief Investment Officer, Caisse de dépôt et de placement du Québec
Sam Scalia Founder and President, Samcon
Jean Camerlain Former Executive Vice President and Chief Operating Officer, Centraide of Greater Montréal
Michael Novak Consultant
Sylvie Demers Chair, Quebec Market, TD Bank Group
Diane Tsonos, LL.B., TEP Partner, Richter
Suzanne Gouin Manager, Media sector
Kathy Fazel Vice President and Investment Counsellor, RBC PH&N Investment Counsel

Four new members are joining the board of directors:

Sylvie Demers Chair, Quebec Market, TD Bank Group
Diane Tsonos, LL.B., TEP Partner, Richter
Suzanne Gouin Manager, Media sector
Kathy Fazel Vice President and Investment Counsellor, RBC PH&N Investment Counsel

A word of gratitude to the outgoing members
The FGM was keen to show its gratitude to the outgoing members of the board, in recognition of their unwavering dedication and their outstanding contribution to the development and visibility of the Foundation of Greater Montréal. The outgoing members are:

Richard W. Pound Senior counsel, Stikeman Elliott
Monette Malewski President and Chief Executive Officer, M Bacal Group
Karim Salabi Partner, Ascendis Consulting
Monique Jérôme-Forget Special Advisor, Osler, Hoskin & Harcourt
Pierre Bourgie President and Chief Executive Officer, Société financière Bourgie

About the Foundation of Greater Montréal
The Foundation of Greater Montréal (FGM) is a charitable organization dedicated to the well‑being of the Greater Montréal community. It establishes and manages endowment funds and distributes their income in the form of grants to charitable organizations working in health care, social development, arts and culture, education, the environment, and other areas. Since it was founded, more than 16 years ago, the FGM has distributed more than $21 million in grants to more than 1,000 non-profit organizations working in Greater Montréal in all sectors of society. Currently, the FGM manages assets with a total value exceeding $185 million. The FGM is also a member of the Community Foundations of Canada (CFC), an organization which group includes 191 community foundations.

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Source:
Julie Paquet
Director of communications
Foundation of Greater Montréal
514-866-0808, ext. 109
julie.paquet@fgmtl.org
Media relations:
Olivier Lapierre
Press Officer
514-583-3868
olivier.olpr@gmail.com

COMPLEMENTARY NOTES

BIOGRAPHIES OF THE FOUR NEW MEMBERS OF THE BOARD

Kathy Fazel

Kathy Fazel is Vice President and Investment Counsellor at RBC PH&N Investment Counsel. She provides discretionary investment counselling services to a diversified clientele, including private individuals, foundations, and non-profit organizations. Kathy holds a Bachelor of Commerce degree with joint honours in Economics and Finance from McGill University, where she graduated as University Scholar and winner of the 1991 Firestone Economics Award.

Kathy has extensive volunteer experience with a number of professional and community organizations. She is currently a Governor of McGill University, where she is a member of both the Finance Committee and the Investment Committee. In 2013, she was awarded the Queen Elizabeth II Diamond Jubilee Medal, in recognition of her contributions to the community.
 
Suzanne Gouin
Madam Suzanne Gouin has been working in the media sector for more than 30 years. Amongst her achievements while being CEO of TV5 Québec Canada from 2002 to 2015. Prior to that, she held the position of Vice President of Business Publications at Transcontinental Media. A graduate in Political Science from Concordia University, Madam Gouin holds an MBA from the Richard Ivey School of Business at the University of Western Ontario.Madam Gouin is certified with the Institute of Corporate Directors.

Madam Gouin is a member of the board of Hydro-Québec, and also sits on that organization’s Human Resources Committee and the Public Affairs and Environment Committee. As well since Janurary 2016, she is Chair of the Board of Le Printemps numérique, a non for profit organization whose mission is to promote the creativity of the digital industry in Montreal.  

Diane Tsonos

Diane Tsonos is a highly experienced and committed tax professional with more than 25 years of estate planning and income tax experience, with a particular focus on estates settlement, trusts and cross-border estate planning. She is a member of the Québec Bar and has held the title of Trust and Estate Practitioner (TEP) since 2002.

She is also actively involved in settling disputes with government revenue departments. Her Canadian tax clients operate in the manufacturing and services sectors, with a concentration in real estate.

Sylvie Demers
In June 2015, Sylvie Demers was named Head of Branch Banking in Quebec. Sylvie also completed mandates in fund management, cash management and derivative products, in addition to her role as District Vice President of the Montreal Centre-South network of branches. Sylvie has always made her mark as a leader; her strength lies in her ability to evaluate the talent of staff members and to create b organizational structures. Sylvie graduated from HEC Montréal and holds a specialisation in Finance.

Over the past few years, she has served as honorary chairperson of fundraising campaigns for various organizations such as the Quebec Breakfast Club, Sainte-Justine Hospital and Action Nouvelle Vie. She sat on the 2012-2013 fundraising board for the CHUM Hospital.