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The FGM announces $ 4.1M
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news

 

Growth by $20 million and $4.1 million distributed to 319 community organizations Richard Pound re-elected chair of the board

Montréal, June 8, 2015 — During its annual general meeting held on May 27th, with close to 100 people in attendance, the Foundation of Greater Montreal (FGM) announced its 2014 achievements. On the financial level, the assets managed by the Foundation of Greater Montreal Investment Fund grew by $20 million over the course of the year, bringing the total foundation to more than $178 million. There was also a 43% increase in the distribution of grants over the previous year: a total of $4.1 million was distributed to 319 organizations in the greater metropolitan region. More information here

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