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Creation of the Jacques Parizeau Fund at the Foundation of Greater Montreal





Highlights
  • The Jacques Parizeau Fund at the Foundation of Greater Montréal will ensure that the memory of the former premier lives on, and that added support is provided to the causes he held dear.
  • The Fund’s initial goal is to realize the creation of a commemorative representation of Mr. Parizeau, to stand in the gardens of Quebec’s National Assembly.
  • The income generated by the Jacques Parizeau Fund at FGM will also be distributed to nonprofit organizations active in arts and culture, the environment, education and social development.
 
Montréal, October 21, 2020 – Just in time for the fourth anniversary of the unveiling of Jacques-Parizeau Street in Quebec City, the Foundation of Greater Montréal (FGM) is very proud to announce the creation of the Jacques Parizeau Fund. The Fund is being created at the Foundation through the efforts of the family and close friends of the former Quebec premier. The names of the constituents of the Fund, as well as those of the members of the Fund’s Honour Committee, can be viewed here. FGM is a community foundation managing about 650 philanthropic funds, whose total assets exceed the $340 million mark.

The initial goal of the Jacques Parizeau Fund at the Foundation of Greater Montréal is the creation and installation, alongside those of other former Quebec premiers in the gardens of the National Assembly, of a monument representing Mr. Parizeau. Subsequently, income from this in-perpetuity endowment fund will be allocated to nonprofit organizations working for causes that were close to his heart, such as arts and culture, access to education, environmental protection and social development.
 
In tribute to Jacques Parizeau
 
“Jacques dedicated his life to Québec, to its modernization and its social and economic growth. He had the highest aspirations for this place he loved, including its full independence. He did not achieve this great dream, but he left us with all the tools we need to fulfill it in the future, if we choose to do so. We created this fund to ensure his memory and his legacy live on and keep inspiring us,” stated Mrs. Lisette Lapointe, who was Mr. Parizeau’s spouse and is a constituent of the fund.

“Jacques Parizeau had a profound impact on the history of Quebec. In his life and in his career, he played a central role in the Quiet Revolution, in the development of Quebec’s economy and in the construction of the modern social safety net that every Quebecer can count on today. More recently, he also contributed to the founding of the Institute for Research in Contemporary Economics. In creating this fund as a tribute to him, we wanted to underscore his role as one of the province’s great builders,” added Mr. Robert Parizeau and Mr. Jean-Martin Aussant, the other constituents of the fund.
 
"We are honoured to work alongside the family and close friends of Jacques Parizeau, one of the most illustrious pioneers of Quebec as we know it today, in establishing this philanthropic endowment fund. I would like to thank them for the faith they have showed in us. With the creation of the Jacques Parizeau Fund at the Foundation of Greater Montréal, Mr. Parizeau’s memory will live on, and through it, the causes he cherished," summed up Karel Mayrand, President and CEO of FGM.
 
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Source : Foundation of Greater Montréal
For more information: Simon Delorme, Project Manager for CommunicationsFoundation of Greater Montréal
(514) 866-0808, ext. 107 / 
simon.delorme@fgmtl.org
 
About FGM
The Foundation of Greater Montreal (FGM) helps individuals, families and organizations getting involved to support their community by creating funds for selected causes in all sectors. FGM publishes the Vital Signs of Greater Montréal report, manages the assets of about 650 funds and guides donors by identifying key issues and supporting community organizations. A member of the 191 community foundations network in Canada, it also encourages philanthropy as a major driver for well-being in Greater Montréal.