The ScotiaMcLeod Charitable Foundation was established in 1987 to celebrate McLeod Young Weir joining Scotiabank.
The Foundation was established as a way to promote philanthropy by encouraging and recognizing the ongoing participation in community involvement and volunteerism that was inherent in the culture at McLeod Young Weir. Over the last 30 years, the Foundation has celebrated community participation by contributing to registered charities across Canada, specifically in the areas of health and social services.
In 2015, the Foundation launched “Share the Wealth” – a formal program that encourages and celebrates community engagement. At ScotiaMcLeod, giving back to the communities continues to be a large part of our culture. Together with our colleagues, we work as a team and implement the shared idea and values of wealth distribution, active community participation, and charitable involvement with organizations and programs that align with our goal to promote philanthropy.
In 2017, 36 ScotiaMcLeod colleagues community involvement efforts were recognized with awards from Share the wealth. The 36 individuals and their charities were chosen by the previous year’s award winners based on written submissions – a true peer reviewed process. The 36 outstanding colleagues were able to hand deliver cheques for $6,500 to the charities they have been active with. This was a tremendous increase from 2016 where we had 8 award grants and our first year in 2015 which had just 3 award grants.