TORONTO, May 31, 2018 /CNW/ - Cadillac Fairview (CF) is pleased to make $500,000 in charitable donations to 18 charities across Canada this year that share CF's long-term vision for empowering and inspiring youth nationwide to actively pursue their dreams and make positive change.
"We are deeply humbled to be partnering with these charities that are doing incredible work in the cities across Canada where CF does business," said Ellen Williamson, Chair, Charitable Donations Committee, Cadillac Fairview. "More than 7,100 young people were impacted by our contributions last year and we're excited to continue supporting programs that help youth realize their true potential and encourage them to make meaningful change in their own lives and in their communities."
Welcoming a new wave of charitable partners
As part of a growing youth philanthropy platform, CF is partnering with ten new youth-focused charities, bringing the number of total supported charities to 18.
* indicates an existing partnership
CF's youth philanthropy donation supports essential services and programs for Canadian youth, ranging from education, health and wellness, employment and environmental sustainability programming. "Without charitable donations, Big Brothers Big Sisters of Toronto could not provide the essential service of mentorship to children and youth in need," said Leanne Nicolle, President & CEO of BBBST. "Community partners like CF are key to the work that we do by enabling us to reach and empower communities. Intentional mentorship is a powerful tool of intervention that supports positive youth development and builds thriving communities. It is inspiring to see companies like CF making a deliberate investment in positive change for youth and their communities."
CF Gives Back to the Community
In 2017, CF committed a total of $1,850,000 to effect positive change in the communities it serves, with a focus on youth philanthropy and community-focused fundraising. In addition to local youth charitable partnerships, CF achieved the following:
- CF was the first corporate sponsor for United Way's Youth Success Strategy which helps young people secure sustainable employment. 2017 marked CF's second year of a four-year, $600,000 commitment to United Way's youth employment program.
- In 2016, CF partnered with WE, an organization focused on empowering youth in Canada. This multi-year partnership saw the launch of the first brick and mortar WE retail store which opened at CF Toronto Eaton Centre. Last year featured the opening of a second retail location at CF Rideau Centre in Ottawa and included a program of charitable events hosted at CF properties across Canada.
- The annual CF Run/Walk is a signature fundraiser that invites CF's business partners, tenants, customers and employees to come together to help raise $1 million over four years for The Hospital for Sick Children (SickKids) and the Pediatric Oncology Group of Ontario (POGO). Since 2008, CF has raised over $2.5 million through this event.
- Last year, CF met its commitment to raise $1 million for the Women's College Hospital Foundation through its annual CF Golf Classic event. These funds helped to support a new, ground-breaking ambulatory care facility which helps to keep patients out of hospital by improving prevention and treatment options.
- In order to encourage employees to give back to their communities, CF launched Building Communities, CF's charitable program that encourages employee volunteerism. This program allows employees to request a donation of up to $5,000 for a charitable organization to which they have dedicated their time. In 2017, CF contributed $216,000 to Building Communities and saw more than 300 employees participate in the program, totalling 400 volunteer hours and 21 per cent of CF's total workforce.
- CF's Charitable Donations Committee reviewed hundreds of submission from both large and small charities across Canada, and donated $700,000 to worthy causes providing medical treatment, research and a variety of community services to those in need of assistance.
For further information on CF's Corporate Responsibility and philanthropic programs, visit cadillacfairview.com.
About Cadillac Fairview
Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The Cadillac Fairview portfolio is owned by the Ontario Teachers' Pension Plan, a diversified global investor which administers the pensions of more than 323,000 active and retired school teachers. The real estate portfolio also includes investments in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at around $29 billion, the Canadian portfolio includes over 37 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre, CF Chinook Centre, Tour Deloitte and CF Carrefour Laval.
SOURCE Cadillac Fairview Corporation Limited