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BMO Employee Charitable Foundation hands out more than $400,000 as
part of Generosity Day MONTREAL, October 24, 2007 – The BMO Employee Charitable Foundation today donated some $417,000 to 36 Quebec-based non-profit organizations as part of the second edition of Generosity Day, which aims to recognize and celebrate the volunteer work and generosity of BMO employees and the institution’s customers. In particular, the foundation donated $275,000, raised through the sale of 2007 BMO Bank of Montreal Dream Home tickets, to the following foundations that work with sick children: - Montreal Children’s Hospital Foundation – $70,000 The BMO Employee Charitable Foundation raised $1,014,480 in Quebec through its 2007 campaign. As the foundation’s administrative fees are entirely assumed by BMO, all monies will be redistributed in the various regions of the province in which they were raised, as has been the case with all the campaigns conducted since the foundation was established in 1996. “Together, through our concerted actions and our involvement, we can contribute to the well-being of our communities while also deriving great personal satisfaction,” said François Hudon, Senior Vice-President, Quebec Division, BMO Bank of Montreal. “You are champions, all of you who work for the 36 community organizations represented here today and all of you who are active members of the BMO Employee Charitable Foundation.” “Generosity Day allows us to pay homage to 26 BMO colleagues who have distinguished themselves through their involvement and leadership over the past year,” added Martin Beauchamp, Chair of the BMO Employee Charitable Foundation in Quebec. “It is also an opportunity for all BMO employees to be inspired by these leaders to exceed our fundraising goals in 2008.” Bruno Mital, Regional Director of Kids Help Phone, which has benefited from the support of the BMO Employee Charitable Foundation, said, “We have found within the foundation people who share our passion and commitment to young people, like BMO Bank of Montreal itself, which is a founding partner of our organization. We are proud to be able to count on a loyal, unwavering partner and people who are ready to actively support our cause.” The following organizations were also present at the Generosity Day and have received financial support from the BMO Employee Charitable Foundation in 2007: Accueil Bonneau About the BMO Employee Charitable Foundation Active nationwide since 2000, the BMO Employee Charitable Foundation raised more than $8 million during its 2007 campaign due to the efforts of its six regional chapters and the generosity of BMO Financial Group employees and customers. - 30 - Contact:Ronald Monet, Montreal, BMO Financial Group, 514 877-1873, ronald.monet@bmo.com Website: |