The board of directors of the Cowan Foundation has announced that donations for 2018 have reached $1.66 million.
The foundation was established to honour the memory of Frank Cowan, the founder of the Cowan Insurance Group. The donations will be used to benefit over 120 charitable organizations throughout Canada. This brings The Cowan Foundation’s total investment since its inception in 1995 to more than $25 million.
“The Cowan Foundation’s 24th year has been an exceptional example of how with a clear vision and collaboration with operating companies, clients and employees, great progress and achievements can be made,” says Mary D’Alton, executive director of The Cowan Foundation. “Our unwavering commitment to improve the lives of children and youth, as well as health and well-being initiatives with a special focus on seniors remains at the heart of the foundation.”
“We would like to express our gratitude to clients, business partners and employees of the Princeton Holdings group of companies since the success of our operating companies is interchangeable with The Cowan Foundation’s ability to make a positive impact in communities,” said Maureen Cowan, chairman of The Cowan Foundation. “We are proud of the indelible and long-lasting impact our donations have made thus far and look forward to celebrating our 25th year in 2020.”