August 27, 2015 - It is with great sadness we advise that our founding Father and mentor, Bill McGannon, passed away peacefully on August 25th.
Bill left behind a legacy for all of us to follow. We were blessed to have him as a friend, mentor and/or business partner and we are left profoundly saddened by this loss.
Joe Restoule, President
On behalf of the McGannon Foundation Board of Directors
2014 was another memorable one in the twelve year history of the Foundation. The Board was quite busy undertaking a number of initiatives that I am pleased to report on.
The RIMS Canada Conference in Winnipeg marked the largest contingent of students (7) from across Canada participating in our Student Involvement program. They were eager to learn, network and become inspired to be future risk practitioners. I hope you go to our website and read their testimonials as to the value it brings to them as they embark into their careers. To all who support the Foundation, I hope you feel a sense of pride, as we are able to make a positive difference in their lives.
Our website upgrade commenced in 2014 and we continue to improve its look and content.
The achievements of the Foundation can be summarized as follows:
- Two (2) scholarships were awarded in 2014 and in 2015 six (6) were awarded;
- Total scholarships since inception 45;
- In financial terms, over $127,500.00 in scholarships have been granted, since inception of the Foundation;
- $45,000.00 has been invested in our Student Involvement program; and
- The assets of the Foundation have grown modestly to $1,094,295.00, up over $143K over 2013.
The dream and long-time ambition is to fund another Chair of Risk Management and Insurance, preferably in Eastern Canada. During the past year, the Foundation has been approached by a Quebec University to discuss that possibility. The Board will meet with the University Administrators in 2015 to open these discussions. Exciting times are ahead!
All of these accomplishments could not be achieved without the hard work and dedication of our Board of Directors. I wish to thank you for their dedication and loyalty to making our year quite remarkable:
- April Savchuk
- Marley Drainville
- Mark Roberton
- Denis Schaffer
- Wayne Hickey
We are pleased to announce that we had five (5) new donors to the Foundation in 2014, with prospects of having a few more join them as new contributors. Together, with our perpetual donors, the continued success of the Foundation grows! We thank of all those individuals, organizations and corporations who are supporting our dream, getting the next generation of risk practitioners launched into exciting careers.
On behalf of the Board of Directors, I wish to thank all who have contributed to our success, without you, it is not possible to have realized such achievement.