State Street Honoured for Making a Difference in Women’s Lives|
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Toronto’s Mayor David Miller recognized State Street Canada for their ongoing
commitment and support of the programs at the Fred Victor Centre, a
110-year-old agency that helps meet the needs of homeless people in the city.
State Street Canada directed much of its support the Fred Victor Women’s
drop-in, operating out of the Adelaide Resource Centre for Women. The drop-in
focuses on providing supports for low-income women. Community, corporate and
municipal representatives came together to celebrate this partnership.
"I congratulate State Street Canada, the Fred Victor Centre and the Adelaide
Resource Centre for Women for providing services to Torontonians who have the
greatest need," said Mayor Miller. "I commend them for their recognition that
we all have an interest in making this city work for every resident."
"The focus of State Street's community work has always been to help our
less-advantaged neighbours, which is one of the reasons we've been so
supportive of the Fred Victor Centre," said Bob Weston, Senior Principal of
State Street’s investment management arm, State Street Global Advisors, Ltd.
"We are pleased to be able to help Fred Victor Centre in delivering its
programs to the community, and are very proud of all its accomplishments."
State Street’s association with the Fred Victor Centre began when Mr. Weston,
who is a member of Fred Victor Centre’s board of directors, recognized the
strong connection between the mission of the Fred Victor Centre and the
charitable priorities of State Street. Located in the same neighbourhood as
State Street’s offices in Toronto, the Fred Victor Centre received support
through the Global Philanthropy program. Both the Women’s Hostel and Women’s
Day Programs have received donations from State Street. Since 2002, State
Street has donated over $100,000 to Fred Victor.
Each year, State Street devotes a percentage of its pre-tax profits to the
State Street Foundation, which funds the Global Philanthropy Program of State
Street’s Community Affairs Division. Through the Global Philanthropy Program,
State Street makes effective and socially responsible corporate contributions
to non-profit and charitable organizations that provide community service
initiatives, primarily in communities where State Street offices are located.
Since the Global Philanthropy Program’s inception in Canada, the Foundation has
provided over $2 million in grants to organizations in Toronto, Montreal and
Vancouver, including the Fred Victor Centre.
"Our work to support some of Toronto's most vulnerable women is made possible
by this partnership with government, the private sector and other community
agencies," said Mark Aston, Executive Director, Fred Victor Centre. "This
partnership builds a stronger local community."
The Adelaide Resource Centre for Women works in partnership with several
community agencies, such as Street Haven, The Centre for Additions & Mental
Health, Regent Park Community Health Centre and the Fred Victor Centre. These
agencies provide programs and services for women who are homeless or
marginalized. At the Resource Centre, women can participate in a range of
activities at the drop-in, engage in the learning process through literacy and
computer classes, explore their creativity in various art programs as well as
have their health and housing needs addressed.
Patchen Barss, Communications, Office of Mayor David Miller,
Mark Aston, Executive Director, Fred Victor Centre,
416-364-8228 x 310
Kim Race, Environics Communications (State Street Canada)
Mike Van Soelen, Environics Communications (State Street Canada)