Horatio Alger Association raises $4 million for need-based post-secondary scholarships at Excellence Gala

– Over 90 companies, foundations, and individuals donated at event that took place at Toronto event Tuesday –


2019 International Horatio Alger Award recipient Jay S. Hennick (middle, left) and Horatio Alger Association of Canada president Prem Watsa (middle, right) with Horatio Alger Scholars at the 2018 Excellence Gala

TORONTO, ONTARIO, November 2, 2018 – The Horatio Alger Association of Canada, the nation’s largest provider of need-based scholarships, is thrilled to announce that $4 million was raised Tuesday night at the second annual Horatio Alger Excellence Gala, all of which will go towards funding the Association’s post-secondary scholarship program. Over 90 companies, foundations, and individuals donated to the event that hosted 670 guests at the Fairmont Royal York in Toronto.

Horatio Alger scholarships are awarded to deserving students in financial need who have overcome significant adversity while demonstrating strength of character, strong academics, a commitment to pursuing higher education as well as a desire to contribute to society. Since 2012, over $3.19 million in scholarships have been awarded to 645 deserving young Canadians. In 2019, The Association will award 200 scholarships valued between $5,000 and $10,000 to students across Canada. This is more than double the number of scholarships awarded in 2018, thanks in part to the generosity of our Excellence Gala sponsors. These are in addition to the 45 Horatio Alger scholarships valued at up to $5,000 each sponsored by Fairfax Financial Holdings Limited.

This year, the Excellence Gala honoured Jay S. Hennick, the Global Chairman and CEO of Colliers International Group Inc. (TSX and NASDAQ: CIGI) and Founder and Chairman of FirstService Corporation (TSX and NASDAQ: FSV), who will receive the 2019 International Horatio Alger Award, a prize awarded to contemporary role models whose experiences exemplify that opportunities for a successful life are available to all individuals dedicated to the principles of integrity, hard work, perseverance and compassion for others. Mr. Hennick will be formally inducted into the Association in Washington, D.C., during the 72nd Annual Horatio Alger Awards, which take place April 4–6, 2019.

“The Excellence Gala was an extraordinary event, and one I will never forget,” said Mr. Hennick. “This is an Association that truly knows how to make a difference. I am thankful to all the sponsors who made this event possible. Their patronage ensures that the Horatio Alger scholarship program will continue to expand in the years to come and I look forward to being involved as a Member.”

“As President of the Horatio Alger Association of Canada, I want to thank everyone who attended and purchased a table for or donated to the Excellence Gala,” said Mr. Prem Watsa. “I also want to thank our speakers and entertainment who made the event so memorable. Wayne Gretzky, Dan Aykroyd, Amanda Lang, David Foster, and The Tenors were all impeccable. And to Jay Hennick – welcome to the Horatio Alger family.”

In addition to other sponsors, the Association is thankful to the following entities for their contribution to the Excellence Gala:

Pioneer ($125,000 and over)

BMO Financial Group


Colliers International Group Inc.

Dennis Washington

Edco Financial Holdings Ltd.

Fairfax Financial Holdings Limited

FirstService Corporation

Groupe CGI Inc.

Rebecca MacDonald

Royal Bank of Canada


TD Bank Group

The Jay and Barbara Hennick Foundation

The Waugh Family Foundation

Northern Star ($75,000)


The Catalyst Capital Group, Inc. / Newton Glassman Charitable Foundation

William J. Dore / Paul Anthony Novelly

Freedom ($50,000)

Arbor Memorial Services Inc.

Bank of America Merrill Lynch

Brookfield Partners Foundation

Goldman Sachs Canada / Geoff Beattie & Amanda Lang / Jack Curtain, Jr. & Beth Nowers

James F. Dicke II

Metropia / Riocan REIT

Peerage Realty Partners Inc.

The Jim Pattison Foundation

Walter Scott, Jr.

Patriot ($25,000)

Andrew Peller Limited / Wayne Gretzky

Barometer Capital Management Inc.

Byron D. Trott

CanWel Building Materials Group Ltd.


Fogler, Rubinoff LLP

Gerald W. Schwartz

Harry Rosen Inc.

Ira Gluskin and Maxine Granovsky Gluskin

Keg Restaurants ltd.


Maxwell Gotlieb, Andrew Barnicke, David Feldman, Sheldon Inwentash, Joel Reitman, Keith Ray & spouses

PricewaterhouseCoopers LLP

Recipe Unlimited Corporation

Robert and Mary Pat Armstrong

Sidley Austin LLP

Sporting Life

Stacey Muirhead Capital Management Ltd.

Sun Life Financial

Temerty Foundation

TFI International Inc.

The Ricky and Peter Cohen Family Foundation

Torys LLP


About the Horatio Alger Association of Canada

 The Horatio Alger Association of Canada, the Canadian affiliate of the Horatio Alger Association of Distinguished Americans, Inc., is a charitable organization dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles. The Association honours the achievements of outstanding individuals who have succeeded in spite of adversity by bestowing the Horatio Alger Award and granting them lifetime membership into the Association. Through the generosity of Horatio Alger Members, the Horatio Alger Association of Canada awards scholarships annually to deserving young people in every province and territory. Members of the Association include Alain Bouchard, Dominic D’Alessandro, Murray Edwards, Serge Godin, Wayne Gretzky, the Right Honourable David Johnston, Rebecca MacDonald, the late G. Wallace F. McCain, the Right Honourable Brian Mulroney, Jim Pattison, Gerald W. Schwartz, Isadore Sharp, Prem Watsa and Rick Waugh. For more information, visit The Association can also be found on TwitterFacebook and Instagram



Tom Kott, HATLEY Strategy Advisors, 514.316.7082, [email protected]

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