AGF Announces Multi-Year Partnership with Indspire to Create the AGF Scholarship Fund for Indigenous Students
01 September 2021 - 2:00PM
AGF Management Limited (AGF) today is pleased to announce a
multi-year partnership for the creation of a scholarship program
with Indspire, a national Indigenous organization that invests in
the education of Indigenous people, enabling their success through
financial awards, resources and role models.
“At AGF, diversity and inclusion has been a
long-standing pillar of our social responsibility commitment,” said
Judy Goldring, President & Head of Global Distribution, AGF.
“Through our Employee Diversity and Inclusion Survey, more than 20%
of employees indicated that AGF should prioritize sponsorship-based
programs when it comes to our diversity and inclusion efforts and
as a result, we are deepening our commitment and partnering with
Indspire.”
As students across Canada prepare for back to
school, AGF is introducing, through Indspire’s Building Brighter
Futures program, the AGF Scholarship Fund for Indigenous Students –
an investment that will create four scholarships annually for
Indigenous students who are entering a Business program at a
Canadian accredited college or university.
Reducing the financial barriers for education
will not only provide Indigenous students with an opportunity to
reach their full potential and gain employment, but also have a
ripple effect benefiting their family, their community and future
generations. The new scholarship is now available to
applicants.
“We are pleased to be working in partnership
with AGF on this important initiative,” said Mike DeGagné,
President & CEO of Indspire. “These new scholarships will
create key avenues for First Nations, Inuit, and Métis students to
fulfil their business-related aspirations in tangible, meaningful
ways.”
Indspire is the largest funder of Indigenous
education outside the federal government, providing $16 million+
annually to 5,500 First Nations, Inuit and Métis students
nationwide. To date, Indspire has awarded over $132 million through
more than 42,500 scholarships and bursaries with more than 70% of
employed Indspire grads returning to their communities to serve as
educators, lawyers, healthcare professionals and engineers.
“This partnership is part of AGF’s multi-year
plan to accelerate our diversity and inclusion initiatives and
engage with organizations that champion social issues and create a
positive impact within our communities,” added Goldring.
About AGF Management
Limited
Founded in 1957, AGF Management Limited (AGF) is
an independent and globally diverse asset management firm. AGF
brings a disciplined approach to delivering excellence in
investment management through its fundamental, quantitative,
alternative and high-net-worth businesses focused on providing an
exceptional client experience. AGF’s suite of investment solutions
extends globally to a wide range of clients, from financial
advisors and individual investors to institutional investors
including pension plans, corporate plans, sovereign wealth funds
and endowments and foundations.AGF has investment operations and
client servicing teams on the ground in North America, Europe and
Asia. With over $42 billion in total assets under management and
fee-earning assets, AGF serves more than 700,000 investors. AGF
trades on the Toronto Stock Exchange under the symbol AGF.B.
About Indspire
Indspire is an Indigenous national charity that
invests in the education of First Nations, Inuit, and Métis people
for the long-term benefit of these individuals, their families and
communities, and Canada. With the support of its funding partners,
Indspire provides financial awards, delivers programs, and shares
resources so that First Nations, Inuit, and Métis students will
achieve their highest potential. In 2019-2020, Indspire provided
more than $17.8 million through 5,553 bursaries and scholarships to
First Nations, Inuit, and Métis students across Canada.
Media ContactAmanda Marchment
Director, Corporate Communications 416-865-4160
amanda.marchment@agf.com
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