United Way Toronto announces record funding for the community

$74.8 million will strengthen individuals, families and neighbourhoods in Toronto

TORONTO —Following a historic fundraising achievement in 2007, United Way's 2008 funding allocation to the community will go a long way to supporting the social fabric that ties the city together, United Way President Frances Lankin said today.

At its Annual General Meeting, Lankin announced that United Way Toronto will allocate $74.8 million to the community in 2008. Through its Community Fund, United Way supports a network of 200 health and social service agencies providing vital services to hundreds of thousands of people across Toronto, and it supports special programs and initiatives, particularly in Toronto's inner suburban neighbourhoods.

"Our Community Fund enables United Way to make a difference every single day in the lives of people living in our city," said Lankin. "It supports the services people need and will help create opportunities for a better life for everyone. It's the most important tool we have to strengthen the lives of individuals, families, and communities."

In 2007, United Way Toronto raised $108.1 million. The 2008 allocations include the following:

$74.8 million invested across the Toronto community through increased support to United Way's network of 200 health and social service agencies, and special programs and initiatives, particularly in Toronto's inner suburban neighbourhoods.
$7.7 million allocated, as directed by donors, to other United Ways including Ajax-Pickering-Uxbridge, Oakville, Peel and York Region.
$14 million to charities other than United Way as directed by donors.
$11.6 million is comprised of allocations and needs assessment costs, pledge losses, and operating and administration costs.

Lankin and Bob Harding, United Way's Board of Trustees Chair, highlighted United Way's 2007 accomplishments in the community, supporting its vision of a city where young people have every opportunity for success, newcomers fulfill the promise of their new life in Canada and all Toronto neighbourhoods are healthy, vibrant places to work, live, and raise a family.

Dr. Richard Florida, Professor of Business and Creativity at the University of Toronto's Rotman School of Management, delivered the keynote speech at the 2008 AGM. Author of Who's Your City? and The Rise of the Creative Class, Dr. Florida addressed the issue of contemporary urban renewal and the relationship between place and an individual's economic future.

Established in 1956, United Way Toronto is a registered charity and community impact organization dedicated to improving lives and strengthening neighbourhoods across Toronto. United Way identifies needs and takes action to create a better, safer, stronger city through research, partnerships and support of a network of 200 health and social service agencies.

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Media contact:

Joanna King
Public Relations Officer
United Way of Greater Toronto
416 777 1444 ex 386
jking@uwgt.org

» Read Frances Lankin's speech, "One city. One heart. One Way" delivered at the Annual General Meeting.