Landmark $5 million donation to University of Ottawa's Telfer School of Management from Patricia Saputo

Philanthropic gift will support new research and training for enterprising families in Canada

2024-01-26

(Press-News.org) The University of Ottawa is proud to announce it has received a $5 million donation from Patricia Saputo, a multi-generational family enterprise leader and advocate, to provide thought leadership and training through the Family Enterprise Legacy Institute at the Telfer School of Management.

The gift has created the endowed Patricia Saputo Distinguished Chair in Family Enterprise, which will support academic leadership for the institute and nurture long-term research projects aimed at developing best practices on critical topics for family enterprises.

“This generous gift makes Ms. Saputo one of the University of Ottawa’s greatest benefactors,” says President and Vice-Chancellor Jacques Frémont. “She is among a growing number of successful Canadian women who are working to strengthen our communities through philanthropy. This new endowed chair will build much-needed research capacity in the field and help to empower the next generation of enterprising families by developing and sharing knowledge.”

The chair will lead research efforts to explore which practices help family businesses thrive over generations and develop training programs to help family firms navigate their generational transitions and the constantly evolving marketplace.

According to the Family Enterprise Foundation, ownership of more than 60% of family enterprises will be changing hands within the next decade and within seven years, close to 40% of next generation members will take control of their family enterprises.

“Being in Canada’s capital, we are well-positioned to bring together the most promising minds in the field of family enterprise and create new knowledge and best practices for national and international dissemination,” says Telfer Dean Stéphane Brutus. “Thanks to Patricia’s transformational gift, the chairholder will have support for a sustained research program in this critical field.”

As part of an enterprising family, Saputo values research-based best practices to help individuals involved in family businesses navigate their multiple, overlapping roles in both the family and the enterprise. For her, this donation is a chance to pay it forward to the family enterprise community.

“I feel it’s my time to give back for all that I’ve learned and gained,” says Saputo. “The Family Enterprise Legacy Institute gives family members what they need so they can embark on their own personal journey to become responsible citizens, find their purpose and make decisions about what they really want in life.”

About Patricia Saputo Patricia Saputo, co-founder and executive chairperson of Crysalia, started the Single Family Office for her immediate family in 1998, after Saputo Inc. went public and several years before the term “family office” was commonplace. Today, as a sought-after leader and advisor who serves on several boards and committees, Saputo speaks regularly on the topics of family wealth, women and wealth, governance, education, philanthropy and financial literacy.

About the Family Enterprise Legacy Institute The Family Enterprise Legacy Institute (FELI) at the Telfer School of Management is creating an entirely new category of understanding and knowledge in the field of family business. At the core of the institute is a fundamental belief in the need to elevate and engage the next generation of enterprising families through thought leadership, training and mentoring to enable their true potential.

About the Telfer School of Management The Telfer School of Management at the University of Ottawa, located in the heart of Canada’s capital, brings together over 4,300 students, 200 professors and over 32,000 alumni. Our teaching, research and policy advice firmly align with our vision for a greener, healthier, happier, wealthier and more prosperous future for all. We empower our purpose-driven students through an experience that turns them into influential leaders and responsible managers. In the heart of Ottawa, we know that better business practice means a better Canada, and a better Canada means a better world.

END

[Attachments] See images for this press release:

Landmark $5 million donation to University of Ottawa's Telfer School of Management from Patricia Saputo 2

Landmark $5 million donation to University of Ottawa's Telfer School of Management from Patricia Saputo 3

ELSE PRESS RELEASES FROM THIS DATE:

New tool helps predict progression of Alzheimer’s

2024-01-26

About 55 million people worldwide are living with dementia, according to the World Health Organization. The most common form is Alzheimer’s disease, an incurable condition that causes brain function to deteriorate. In addition to its physical effects, Alzheimer’s causes psychological, social and economic ramifications not only for the people living with the disease, but also for those who love and care for them. Because its symptoms worsen over time, it is important for both patients and their caregivers to prepare for the eventual need to ...

Political polarization may slow legislation, make higher-stakes laws likelier

2024-01-26

The United States House of Representatives held more than 700 votes in 2023, but fewer than 30 bills were signed into law. Partisan politics may explain why, with polarization potentially causing enough friction to slow down the legislative process and make the passage of fewer, farther-reaching public laws likelier, according to researchers. The collaborators from Penn State and Colorado State University studied levels of polarization and patterns in the passage of budget bills and public laws from 1948 through ...

Common cold or COVID-19? Some T cells are ready to combat both

2024-01-26

Scientists at La Jolla Institute for Immunology (LJI) have found direct evidence that exposure to common cold coronaviruses can train T cells to fight SARS-CoV-2. In fact, prior exposure to a common cold coronavirus appears to partially protect mice from lung damage during a subsequent SARS-CoV-2 infection. The new research, published recently in Nature Communications, provides an important first look at how "cross-reactive" T cells—which can fight multiple viruses from the same family—develop in an animal model. "We are learning how these immune cells develop ...

The science behind mindfulness: How one University of Ottawa professor embraced it for the benefit of her students

2024-01-26

Understanding the neuroscience and physiological basis of the brain and training its networks to combat anxiety and life’s stressors Professor Andra Smith, from the School of Psychology at the Faculty of Social Sciences, has combined her research and her personal experience with mindfulness to teach the course Neuroscience of Mindfulness: Neurons to Wellness. Her interest in neuroscience explores how to optimize cognitive processes behind decision-making, organizing behaviour, setting goals while taking the necessary steps ...

UC Irvine-led team unravels mysteries of planet formation and evolution in distant solar system

2024-01-26

A recently discovered solar system with six confirmed exoplanets and a possible seventh is boosting astronomers’ knowledge of planet formation and evolution. Relying on a globe-spanning arsenal of observatories and instruments, a team led by researchers at the University of California, Irvine has compiled the most precise measurements yet of the exoplanets’ masses, orbital properties and atmospheric characteristics. In a paper published today in The Astronomical Journal, the researchers share ...

Confirmation of ancient lake on Mars builds excitement for Perseverance rover's samples

2024-01-26

If life ever existed on Mars, the Perseverance rover’s verification of lake sediments at the base of the Jezero crater reinforces the hope that traces might be found in the crater. In new research published in the journal Science Advances, a team led by UCLA and The University of Oslo shows that at some point, the crater filled with water, depositing layers of sediments on the crater floor. The lake subsequently shrank and sediments carried by the river that fed it formed an enormous delta. As the lake dissipated over time, the sediments in the crater were eroded, forming ...

USC Stem Cell study shows how gene activity modulates the amount of immune cell production in mice

2024-01-26

As people age or become ill, their immune systems can become exhausted and less capable of fighting off viruses such as the flu or COVID-19. In a new mouse study funded in part by the National Institutes of Health and published in Science Advances, researchers from the USC Stem Cell lab of Rong Lu describe how specific gene activity could potentially enhance immune cell production. “Hematopoietic stem cells, or HSCs, produce blood and immune cells, but not all HSCs are equally productive,” said the study’s corresponding author Rong Lu, PhD, ...

How waves and mixing drive coastal upwelling systems

2024-01-26

They are among the most productive and biodiverse areas of the world's oceans: coastal upwelling regions along the eastern boundaries of the Atlantic and Pacific Oceans. There, equatorward winds cause near-surface water to move away from the coast. This brings cold, nutrient-rich water from the depths to the surface, inducing the growth of phytoplankton and providing the basis for a rich marine ecosystem in these regions. In some tropical regions, however, productivity is high even when the upwelling favourable winds are ...

How a timekeeping gene affects tumor growth depends entirely on context

2024-01-26

JANUARY 23, 2024, NEW YORK – A Ludwig Cancer Research study has found that the circadian clock—which synchronizes physiological and cellular activities with the day-night cycle and is generally thought to be tumor suppressive—in fact has a contextually variable role in cancer. “A lot of evidence suggests that the biological clock is broken in cancer cells, so we expected its disruption would fuel tumor growth in mouse models of melanoma,” said Chi Van Dang, scientific director of the Ludwig Institute for Cancer Research, who led the study with Research Associate Xue Zhang. “But, contrary to our expectations, ...

UT Extension Consumer Economics Specialist named National Educator of the Year for 2023

2024-01-26

An assistant professor and consumer economics specialist with University of Tennessee Extension has been recognized by the Association for Financial Counseling and Planning Education (AFCPE) as the organization’s Educator of the Year for 2023. Christopher Sneed was among ten individuals, organizations, special projects and initiatives expanding access to personal finance resources and education across the country recognized as part of the 2023 AFCPE Awards late last year. The AFCPE’s Mary Ellen Edmondson Educator of the Year Award honors ...