QUEBEC
CITY, Sept. 10, 2024 /CNW/ - iA Financial Group
today launched the eighth edition of its Canada-wide philanthropic contest. From
September 10 to October 14, charities
are invited to submit their proposals for what they would do with a
$100,000 donation. The charities that
submit the most inspiring proposals will share a total
of $500,000 to carry out their project or pursue their
mission.
This year's contest focuses on societal issues, with donations
going to support charities tackling social problems such as
homelessness, food insecurity, dropping out of school, addictions,
violence, discrimination, mental illness or isolation.
"Every year, our philanthropic contest is a most inspiring
event, as we have the opportunity to see the remarkable efforts
that organizations across the country are making to improve the
lives of Canadians. We're so proud that this contest has become a
source of renewed pride every year and we can continue to support
causes that are so essential to our society," says Denis Ricard, President and Chief Executive
Officer of iA Financial Group.
Philanthropy has always been deeply rooted in the culture of iA
Financial Group. Originally created to mark the company's 125th
anniversary celebrations in 2017, the philanthropic contest has
since become an annual event. As part of its social commitment,
each year the company donates one per cent of its net profits, with
the annual contest being a central element of this commitment,
unveiling a different theme each year.
In keeping with the group's donation policy, the contest is
aimed at charitable organizations working in the health, education,
environment or social services sectors. Participating organizations
can have a mission directly linked to social issues, or propose a
project associated with them.
At the end of the contest, 12 charities will be selected by a
committee and announced to the general public on November 4. The general public will then be
invited to vote for the organizations of their choice until
November 27. Participating charities are divided into four
geographic regions (Western
Canada, Ontario,
Quebec and Atlantic/Northern Canada) to ensure an equitable
distribution of donations across the country. The four
organizations that receive the most votes in their respective
region will each be awarded $100,000,
while the eight other finalists will each receive $10,000. The iA Financial Group employees'
favourite organizations will also receive an additional
$5,000. Winners will be announced
between December 10 and 13.
Details of the contest and a full list of eligibility criteria
are available at donations-contest.ia.ca/community.
Important dates:
- September 10 to October 14:
charities register and submit proposals
- October 14 to November 1:
committee selects 12 projects for public vote
- November 4: twelve finalists
announced and public voting period opens
- November 4 to 27: public voting
period
- December 10 to 13: winners
announced
Our sustainability ambition
To be a company that contributes to sustainable growth and the
wellbeing of its clients, employees, partners, investors and
communities, iA Financial Group makes sustainability a priority. To
guide our day-to-day achievements, we integrate environmental,
social and governance factors.
About iA financial group
iA Financial Group is one of the largest insurance and wealth
management groups in Canada, with
operations in the United States.
Founded in 1892, it is an important Canadian public company and is
listed on the Toronto Stock Exchange under the ticker symbol IAG
(common shares).
iA Financial Group is a business name and trademark of iA
Financial Corporation Inc. and Industrial Alliance Insurance
and Financial Services Inc.
SOURCE Industrial Alliance Insurance and Financial Services
Inc.