CALGARY, May 1, 2013 /CNW/ - The estate of Daryl K. 'Doc' Seaman, who
was revered as an iconic entrepreneur in the oil and gas industry,
respected as a rancher who preserved his land for future generations,
and widely regarded for his role in bringing the beloved Flames hockey
team to Calgary, has left a gift of $117 million dollars to The Calgary
Foundation, the largest charitable gift in Canadian community
foundation history and the third largest gift in Canadian charitable
giving history, ever.
"Motivator, mentor, trailblazer, leader…Doc Seaman's greatest gift was
bringing people together to make incredible things happen. We're so
honoured that the legacy of this legendary philanthropist will live on
through this unprecedented gift to The Calgary Foundation," says
President & CEO, Eva Friesen.
"Doc understood the power of an endowment - a gift that keeps on giving.
By establishing an endowment at The Calgary Foundation, in a hundred
years, his significant gift of $117 million will have granted an
astounding $1.4 BILLION dollars to charities, TEN TIMES the value of
the original gift! And the original fund will have kept pace with
inflation and grown to a value of $663 million dollars," says Friesen.
The Daryl K. Seaman Foundation Fund at The Calgary Foundation will focus
on supporting critical needs of the day, as determined by the board of
the Community Foundation at that time. Today these critical needs
include the areas of mental health, aboriginal education, poverty, and
"What's staggering about Doc Seaman's historic gift to The Calgary
Foundation is the impact it's going to have on Calgary and area - not
just now, but forever. Every generation will be touched by his vision
and generosity," says Ian Bird, President & CEO of Community
Foundations of Canada, the national network for the almost 200
community foundations across Canada.
"Doc used to say, 'Make sure you leave everything as good as you found
it, if not better,'" says his brother, Don Seaman. "Doc never forgot
the suffering we saw as kids growing up in a small Saskatchewan town
during the Depression, so when he saw a need, he strived to make a
Celebrated philanthropist W. Brett Wilson looked up to Doc Seaman as his
mentor. "Western Canada is fortunate to have Doc Seaman's footprints
all over it," says Wilson. "His leadership in business and community
has forever changed our landscape."
The Calgary Foundation (TCF) - Established in 1955, TCF facilitates
collaborative philanthropy by making powerful connections between
donors and community organizations for the long term benefit of Calgary
and surrounding area. In 2011-2012 The Calgary Foundation saw $56
million in new contributions, had an asset base of $425 million and
granted $31.9 million to 686 charitable organizations.
SOURCE: Community Foundations of Canada
For further information:
Media contact - Taylor Barrie firstname.lastname@example.org
403 802-7716 C 403 542-8445 www.thecalgaryfoundation.org