Courts ask community foundations across Canada to distribute proceeds
TORONTO, Sept. 30 /CNW/ - Toronto Community Foundation is distributing
$231,922 to local initiatives as part of the latest settlement in a
longstanding class action lawsuit involving price fixing by manufacturers of a
rubber product known as EPDM (Ethylene Propylene Diene Monomer) used in
transportation and other areas.
"This type of settlement is one way for the courts to compensate
consumers affected by class action lawsuits, since there is no way to locate
everyone that made a purchase," said Rahul Bhardwaj, President and CEO at
Toronto Community Foundation. "In Toronto's Vital Signs(R), the Foundation's
annual report, we've identified transportation as one of the key issues
impacting quality of life. Over the years we've witnessed trends and concerns
involving commuting times, access to public transit, gridlock and traffic
congestion. We've done our research and these grants will be distributed in
order to maximize impact on the quality of life in Toronto."
Toronto Community Foundation is providing grants to the following groups
to meet transportation needs in our community:- Centre for City Ecology - Walkability Studies in High-Rise Apartment
Neighbourhoods for the Tower Renewal Pilot Sites, a two-year urban
literacy, civic engagement and community leadership project in
partnership with U of T and ERA Architects that will engage residents
in high-rise communities in the revitalization process of high-
- Pollution Probe - Moving Towards an Electric Mobility Master Plan for
the City of Toronto, a two-year research and planning project
exploring electric vehicles and the implementation of necessary
integrated energy supports.
- Clean Air Partnership - Toronto Coalition for Active Transport for a
two-year project that includes research on bike lanes, on-street
parking and the impact on commercial business, a comprehensive
comparison study looking at how Toronto fares internationally against
other cities implementing cycling and pedestrian-friendly policies,
and laying the groundwork for N/S and E/W commuter cycling arteries.
- Toronto Cyclists Union - Toronto Cycling a one-year project in
partnership with CultureLink to research, write and edit a resource
to encourage and support cycling among newcomers in Toronto."Community foundations have now distributed more than $1.2 million to
charities from coast to coast from various class action settlements, said
Monica Patten, President and Chief Executive Officer, Community Foundations of
Canada. "We're pleased to see dollars making their way back into communities
and are happy to assist the courts in whatever way we can."
A total of 41 grants have been made in 22 communities across Canada as a
result of the various lawsuits.
Toronto Community Foundation
The Toronto Community Foundation is one of Canada's largest public
Foundations and is an interesting alternative for individuals and families
interested in establishing their own private foundation. By partnering with
the Foundation, donors become engaged with a vital organization that is
dedicated to improving the quality of life in Toronto and making it the best
place to live, work, learn and grow.
Community Foundations of Canada
Community Foundations of Canada (CFC) is the national membership
organization for the 164 community foundations found in cities, towns and
rural areas across the country. With more than $2.9-billion in assets, the
community foundation movement is one of Canada's largest grantmakers,
providing more than $176-million in grants last year to thousands of
NOTE: Background on the case is available at
www.classaction.ca/content/actions/ethylene.asp. The settlement can be found
For further information: Carole A. Boivin, VP Marketing, Communications
and Donor Services, firstname.lastname@example.org, (416) 921-2035 No. 212; Michael Salem,
Marketing and Communications, email@example.com, (416) 921-2035 No. 224