"Three cheers for Toronto"
19 Jun, 2013, 06:00 ET
Toronto Community Foundation celebrates the recipients of its Vital Ideas, Vital People and Vital Youth grants.
TORONTO, June 19, 2013 /CNW/ - Today, the Toronto Community Foundation celebrates the achievements of 37 community leaders and organizations at its 2013 Vital Toronto event at the CBC's Glenn Gould Studio.
Each of the 37 recipients is awarded grants from the Vital Toronto fund, a community endowment built with contributions from Community Foundation Fundholders, individual donors, and the corporate sector. The grants fund inspired programs and individual work that aim to provide solutions to issues identified in Toronto's Vital Signs Report.
The Vital Toronto Fund fuels the Community Foundation's three grant programs, which awarded $625,163.97 in grants in 2012/13:
- Vital Ideas - Capacity building grants for community organizations to stabilize, expand, or replicate initiatives.
- Vital People - Professional development grants for not-for-profit leaders.
- Vital Youth - Grants to programs that make recreational activities accessible for youth, helping them connect to their community, interact with their peers, and develop skills and leadership abilities.
"The Vital Toronto Fund reaches beyond simply a financial investment. Its initiatives actively build Toronto's social fabric by developing the capacity of community organizations and leaders to strengthen our city," Rahul K. Bhardwaj, President & CEO, Toronto Community Foundation.
Each year, the Toronto Community Foundation also announces the winner of the Martin Connell "Spirit of Philanthropy" Award at the Vital Toronto event. The award acknowledges the vision and accomplishments of local philanthropists who work with the Community Foundation. The recipients share the Community Foundation's vision of making Toronto the best city in which to live, work, learn and grow. They have a history of granting locally and act as ambassadors and advocates for the Community Foundation.
Matt Galloway, of CBC's Metro Morning will return as host for the Vital Toronto event for a sixth year. Galloway, along with Beth Wilson, Managing Partner, Toronto and Canadian Managing Partner, Community Leadership, KPMG and Randy McLean, Acting Director, Strategic Growth & Sector Development, Economic Development & Culture, City of Toronto will talk about "the new philanthropy."
The concept strategically brings together the talent, experience and influence found in the private sector with the knowledge and ambitious goals found in community organizations working for social change. The Community Foundation has worked with KPMG for the past three years on just that through a collaboration called "Vital Impact: Vital Toronto". In addition to awarding a co-branded Vital Ideas grant to Scadding Court Community Centre, KPMG's employees developed community leadership through volunteering their time and skills with some of Toronto's most innovative community organizations.
About the Toronto Community Foundation
With more than 350 endowment funds and assets under administration of more than $275 million, the Toronto Community Foundation is one of Canada's largest public charitable foundations. Our mission is to connect philanthropy to community needs and opportunities, all with a vision to make Toronto the best place to live, work, learn and grow, through the power of giving.
SOURCE: Toronto Community Foundation
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For information, please visit www.tcf.ca.
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