Sexy Friends Toronto
Toronto Escorts

U of T $100 Million

Darts

Well-known member
Jan 15, 2017
23,061
11,160
113
Or maybe they just want to do some good.
Absolutely! Same with the couple who donated $200 million to McGill University. Giving back to their alma mater. The Young family and I think deGroote are huge donors to McMaster. I'm sure other universities also benefit from successful graduates.
 

Worf

Active member
Sep 26, 2001
1,891
19
38
In a house somewhere
Folks, this is solving a huge tax bill. Maybe too much money made from capital gains and rather than giving it away to the government, donate to a university and get name recognition, accolades, etc.
Also, these donations are also used to solve a huge estate tax burden. So think taxes when you hear about these huge donations.
 

VERYBADBOY

Active member
Dec 22, 2003
5,369
29
38
Back in the 6ix
You have to think long term ... they also bought Gluskin Sheff an investment firm on Bay Street that deals with high net worth clients through the private equity arm of Onex for $445M ... venture capital with AI could mean billions in the future you just have to beat Silicon Valley and the Japanese.

VBB
 

Goodoer

Well-known member
Feb 20, 2004
2,753
1,465
113
GTA & Thereabouts...
It's all relative. It's like you donating a hundred bucks to UofT.
Exactly. At least this is 'something' that is better for more people than buying a new Global 8000 jet. The building looks decent as well... Good for the Architecture crowd.

I like that Canadian business may benefit from the research.
 

SoftHands813

Casual Observer
Jan 2, 2008
716
218
43
U of T recently announced the conclusion of their 8-year fundraising appeal was approx. $2.6 Billion. Yup, that's a "B". Much of it in marquee donations as above for special projects, buildings, etc.

Still, that's a pretty huge chunk o' coin.
 
Toronto Escorts