Greater Montreal Foundation hires its first CIO
The Greater Montreal Foundation (GMF) has hired its first Chief Investment Officer.
A former member of the GMF’s board and Founder and Managing Partner of Climate Finance Advisors, Jason Taylor previously held senior leadership roles in sustainable finance at National Bank and Scotiabank.
Taylor’s appointment at the GMF reflects an uncommon trend among Canadian community foundations: bringing the investment function in-house rather than delegating it entirely to external managers.
Canada’s largest community foundation, the Vancouver Foundation, has a Senior Manager, Investments, but no Chief Investment Officer, while Canada’s fourth-largest community foundation, The Winnipeg Foundation, has an investment committee.
Taylor’s recruitment aligns with the vision announced by Luc Rabouin, FGM’s CEO since Feb. 19, to align portfolios with the philanthropic mission.
This approach was adopted by private foundations before community foundations.
Your job. Your mission. Your news.
With your support, the sector you're building gets the journalism it deserves, and you get a tax receipt.
Author
