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
Quebec nurse had to clean up after husband's death in Montreal hospital
On a night she should have been mourning, a nurse from Quebec's Laurentians region says she was forced to clean up her husband after he died at a hospital in Montreal.
Northern Ont. lawyer who abandoned clients in child protection cases disbarred
A North Bay, Ont., lawyer who abandoned 15 clients – many of them child protection cases – has lost his licence to practise law.
Bank of Canada officials split on when to start cutting interest rates
Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
Maple Leafs fall to Bruins in Game 3, trail series 2-1
Brad Marchand scored twice, including the winner in the third period, and added an assist as the Boston Bruins downed the Toronto Maple Leafs 4-2 to take a 2-1 lead in their first-round playoff series Wednesday
Cuban government apologizes to Montreal-area family after delivering wrong body
Cuba's foreign affairs minister has apologized to a Montreal-area family after they were sent the wrong body following the death of a loved one.
'It was instant karma': Viral video captures failed theft attempt in Nanaimo, B.C.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
What is changing about Canada's capital gains tax and how does it impact me?
The federal government's proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here's what you need to know about the move.
New Indigenous loan guarantee program a 'really big deal,' Freeland says at Toronto conference
Canada's Deputy Prime Minister Chrystia Freeland was among the 1,700 delegates attending the two-day First Nations Major Projects Coalition (FNMPC) conference that concluded Tuesday in Toronto.
'Life was not fair to him': Daughter of N.B. man exonerated of murder remembers him as a kind soul
The daughter of a New Brunswick man recently exonerated from murder, is remembering her father as somebody who, despite a wrongful conviction, never became bitter or angry.