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Corporate gifts

Supporting the next generation

Power Corporation of Canada champions women’s varsity excellence with $1.3‑million gift

Power Corporation of Canada has generously funded a suite of annual financial awards open to women’s varsity basketball, hockey, rugby and soccer players. Through its gift of $1.3 million, the Montreal-based company has also energized Concordia Stingers women’s programs centred on leadership, health and well-being, community outreach and national competitiveness.

Female hockey player Olivia Hale with Peter Kruyt Peter Kruyt, BComm 78, with Stingers women's hockey captain Olivia Hale.

“Power Corporation of Canada has made one of the largest philanthropic gifts in Stingers history, which is a game changer,” says Concordia President Graham Carr. “This will have a remarkable impact on women’s sports at Concordia and allow our players to become the leaders of tomorrow.”

Power Corporation’s Peter Kruyt, BComm 78, says the company takes great pride in supporting women’s sports at the university. 

“Concordia fosters tremendous athletic talent, as demonstrated by its 2022 U Sports national championship in women’s hockey,” says the former chair of Concordia’s Board of Governors and guest of honour at a special puck-drop ceremony last November (see image). “Power Corporation is honoured to help build on this legacy of success.”

Four-time Olympian and women’s hockey coach Julie Chu says the support will significantly boost her program.

“Team success is about so much more than game-day performance. This kind of donor support empowers our work as coaches and gives us access to more critical resources to develop our players on and off the ice.”

Adds Paul Chesser, BA 94, GrDip 97, vice-president of Advancement and a Concordia Stingers Hall of Famer: “With this extraordinary gift, one of Canada’s leading corporations has changed the future of women’s sports at Concordia. By supporting our efforts to develop the whole individual — and not just the athlete — Power Corporation of Canada is invigorating our ability to recruit new talent and inspiring our players to triumph on and off the field of play.”

HIGHLIGHTS

Scotiabank provided equal support for two groundbreaking initiatives with a gift of $1.4 million: C-RISE (Career Roadmap for International Student Excellence), which provides international students with tools and support; and the Kaié:ri Nikawerà:ke Indigenous Bridging Program, open to First Nations, Inuit and Métis students who do not possess the standard admissions requirements to enter postsecondary education.

A gift of $812,000 from Lallemand Inc. — a company that researches, develops and produces yeasts, bacteria and related products — advanced Concordia’s Bioprocessing Centre, located in the Applied Science Hub on Loyola Campus. The gift will support research, operational costs, student scholarships and fellowships.

Lallemand announced its $812,000 gift in September At the Lallemand gift announcement: Pascale Sicotte, dean, Faculty Of Arts And Science; Antoine Chagnon, president and CEO, Lallemand; Concordia President Graham Carr; Dominique Bérubé, VP, Research And Graduate Studies; Paul Chesser, VP, Advancement.

TD Bank Financial Group supported the development of Teen ACCELERATION, an eHealth platform and innovative solution for adolescent health and well-being co-led by researchers at Concordia, through a donation of $750,000.

To encourage a more equitable and inclusive workforce, CIBC established a suite of undergraduate and graduate awards at the Gina Cody School of Engineering and Computer Science and John Molson School of Business with a gift of $500,000.

Bouclair Inc. gave $54,000 to establish a residency program at the Faculty of Fine Arts in support of emerging artists seeking to gain professional experience, exposure and networking opportunities.

A donation of $50,000 from Emaral Investments supported the Wild Talks Lecture Series, presented annually by the Faculty of Fine Arts.

Novacap Management Inc. gave $50,000 in support of scholarships for female students enrolled in the MBA-CFA program offered by the Goodman Institute of Investment Management at the John Molson School of Business.

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