Visionary and sustainable investments

The Space for Life Foundation crystallizes its ambitions

Montréal, November 25 2021 – The Space for Life Foundation, whose mission is to provide financial support for the development of the largest natural science museum complex in Canada, is proud to announce that over $2 million of its assets has been invested in two endowment funds. These funds will enable the Foundation to contribute to the sustainability of the Space for Life institutions, namely the Biodôme, the Biosphère, the Insectarium, the Jardin botanique and the Planétarium Rio Tinto Alcan, and to support their priority projects. Through this investment, the Foundation is giving itself the means to stimulate areas such as research, conservation, education, and the dissemination of natural sciences at Space for Life. The investment will help benefit over two million visitors per year, with over 600,000 of which are youths.

A first fund of $1 million was invested with the Foundation of Greater Montreal, making the Space for Life Foundation one of the ten most important contributors to this foundation in 2021 and a key player in the Montreal philanthropic community. Another $1.015 million was also invested in a carbon-free fund with Jarislowsky, Fraser Limited.

These investments are part of the Foundation’s ongoing development efforts to increase its flexibility and develop larger-scale strategic partnerships. In a period where the fight against climate change and the collapse of biodiversity are mobilizing groups on a global scale, the Foundation’s vision is clear: to provide Space for Life institutions with long-term support in order to stimulate the socio-ecological transition towards a fair, healthy and sustainable human-nature relationship.

A strategic entity with the right guidance

The Foundation also announces the creation of its Board of Governors. The members, recognized for their leadership in their respective fields, will contribute to the influence of the Foundation and the projects it supports, for the benefit of the community. As of November 15, 2021, Me Pierre Meunier, strategic advisor at Fasken, Ms. Janice Bailey, scientific director of the Fonds de recherche du Québec – Nature et technologies, Mr. Patrick Kenniff, president of Kenniff Leadership, Mr. Claude Lamoureux, actuary and corporate director, and Mr. Pierre Marc Johnson, legal counsel at Lavery, have become the Foundation’s first governors, assuming a valuable strategic advisory role on a voluntary basis.

Movement within the Board of Directors

The Foundation welcomes the appointment of Mr. Sébastien Fassier as President and Mr. Mario Di Bernardo as Vice-President of its Board of Directors.

As the new Chairman of the Board, Sébastien Fassier will be responsible for guiding the growth of the Foundation while maintaining its sound governance. Vice-President at the TACT agency and an expert in communications and digital strategy, Mr. Fassier will be closely involved in the Foundation’s development alongside the experienced manager known for his community involvement, Mr. Di Bernardo, Regional Vice-President, North-East Montreal, RBC. Both of them, along with the other members of the Board of Directors, will support the efforts of donors and partners to help the Foundation grow.

Quotes

“The Foundation’s financial involvement in endowment funds and the creation of the Board of Governors will enable the Space for Life Foundation to support the long-term funding of our internationally renowned museums. By working towards the sustainability of Space for Life’s activities, the Foundation is more prepared than ever to support the promotion of a healthier and more sustainable relationship with the environment for the entire community, in Montreal and beyond. ”/em>

– Sébastien Fassier, President of the Board

“It is an honor to welcome the Space for Life Foundation, one of our top ten funders this year, to the FGM. By entrusting us with these resources, they are sending a strong signal of solidarity and commitment to the entire community. We are proud to support the outreach of the Foundation and the activities of Space for Life, which allows us to strengthen our impact in the field and our support for key players in Montreal’s socio-ecological transition.”

– Karel Mayrand, President and CEO, Foundation of Greater Montreal

“By deploying the Space for Life Foundation Board of Governors, my colleagues and I are supporting the vitality of the Space for Life museums. It is by promoting citizen participation in science and traditional knowledge that communities can understand the environmental issues and challenges we face.”

– Pierre Meunier, Founding President, Board of Governors

“The Foundation’s role in the development of the five Space for Life museums is essential. It allows us to further our mission, to innovate our approaches and to increase our socio-ecological impact, with a focus on protecting the environment and its biodiversity and accelerating the ecological transition. Its most recent initiatives are a guarantee of a bright future for Space for Life and its vast public.”

– Julie Jodoin, Interim Director, Montréal Space for Life

“Jarislowsky Fraser is proud to support the Foundation in aligning its mission and investments through our actively managed carbon-free strategies and through an approach that integrates environmental, social and governance factors. “

– Maxime Ménard, President and CEO, Jarislowsky, Fraser Limited

About the Space for Life Foundation

The Space for Life Foundation contributes financially to the development of Space for Life and to the scientific, educational, cultural, and social missions of its five institutions: the Biodôme, the Biosphère, the Insectarium, the Jardin botanique and the Planétarium Rio Tinto Alcan. Over the past two decades, the Foundation has contributed for more than $15 million to the Space for Life projects and its natural science museums.

For more information

Frédérique Lorrain
TACT
450 702-0339
florrain@tactconseil.ca

Source

Space for Life Foundation