Late Winnipegger donates largest individual gift ever made to Canadian charity
A local business owner is being hailed as a quiet philanthropist after donating a gift to the Winnipeg Foundation valued at about $500 million, the largest individual gift ever made to a Canadian charity.
The gift came from the late Miriam Bergen, the former owner and president of Appleton Holdings.
The gift includes 100 per cent of Appleton’s shares, valued at about $500 million. It was left to the Winnipeg Foundation in Bergen’s will.
Appleton Holdings was founded by Bergen’s late parents, Martin and Ruth. It owns and operates residential and commercial buildings in Winnipeg through Edison Properties, many of which are in North Kildonan.
According to the Winnipeg Foundation, the business will continue operating with the existing management structure and independent board, while the properties held by Appleton Holdings will support the Winnipeg Foundation’s work.
Foundation CEO Sky Bridges said Bergen’s gift will affect Winnipeggers in a profound and positive way. However, he notes it could take years for the foundation to incorporate the gift into the rest of its assets.
Winnipeg Foundation CEO Sky Bridges is shown at a news conference announcing an individual gift to the organization valued at $500 million.
“Ultimately, it will go back to into supporting the community. But the part that makes this a little bit different, which is pioneering for us, is that it means that it's 100 per cent ownership of a company,” he said.
“So although this is a bit new, it's not uncommon in that charities do oversee or own companies. In our case, it would be the first time and so it's going to take a little bit of time to set this up in a good way.”
GIFT CONTINUES WINNIPEG FAMILY’S LEGACY OF PHILANTHROPY
Prior to her death, Bergen was a philanthropic leader, supporting many organizations as a donor and through private contributions.
Doris Gietz, Miriam’s cousin, said she is overwhelmed by Miriam’s generosity.
“I always knew that her and her parents gave back to the community in many different ways, but I myself had no idea just how large of an impact they can make in Winnipeg,” she said.
The gift was donated in the will of the late Miriam Bergen, the former owner and president of Appleton Holdings.
Gietz said Miriam’s parents were immigrants from Europe, who came to Canada through sponsorship during the Second World War, eventually launching Appleton Holdings.
She said philanthropy was always important to the family.
“I know that even when my aunt and uncle weren't as successful business-wise - whatever they could give, they did give at that point, as well.”
DONATION TO ADDRESS CITY’S MOST CRITICAL NEEDS
Bridges said proceeds from the gift will go towards the foundation’s community fund, addressing the most critical needs in the city.
The organization will release a research report within the next year examining what these needs are, along with a strategic plan on where money will go.
The foundation announced the donation on Giving Tuesday, a day dedicated to encouraging people to give and to act generously.
Bridges said it should serve as an important reminder.
“This comes at a time when often we feel that, maybe there's not much love in the world. But I have to tell you, there is a lot of love in this world.”
CTVNews.ca Top Stories
Canada Disability Benefit needs to be safeguarded from clawbacks, MPs unanimously agree
The federal government needs to safeguard the incoming Canada Disability Benefit from clawbacks and do more to ensure it actually meets the stated aim of lifting people living with disabilities out of poverty, MPs from all parties agree.
Security guard shot, seriously injured outside of Drake's Toronto mansion
A security guard working at Drake’s Bridle Path mansion in Toronto was seriously injured in a shooting outside the residence early Tuesday morning, police said.
King Charles too busy to see son Prince Harry during U.K. trip
Prince Harry will not be seeing his father King Charles during his current visit to Britain as the monarch will be too busy, Harry's spokesperson said on Tuesday.
opinion Tom Mulcair: Turfing Poilievre from House a clear sign of desperation by Trudeau Liberals
When Speaker Greg Fergus tossed out Pierre Poilievre from the House last week, "those of us who have experience as parliamentarians simply couldn't believe our eyes," writes former NDP leader Tom Mulcair in his column for CTVNews.ca
Your body needs these three forms of movement every week
Movement is movement, right? Not exactly. Here’s what your body is looking for in addition to your morning walk or yoga session, according to experts.
Six Canadian children repatriated from detention in Syria, Global Affairs Canada says
The Global Affairs Department says six Canadian children have been repatriated from detention in northeastern Syria.
'It looked so legit': Ontario man pays $7,700 for luxury villa found on Booking.com, but the listing was fake
An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.
Canadian cadets rock mullets and place second at U.S. military competition
Sporting mullets, Canadian Armed Forces officer cadets placed second in an annual military skills competition in the U.S.
TikTok, ByteDance sue to block U.S. law seeking sale or ban of app
TikTok and its Chinese parent company ByteDance said on Tuesday they filed suit in U.S. federal court seeking to block a law signed by President Joe Biden that would force the divestiture of the short video app used by 170 million Americans or ban its use.