Evermore Capital Donates Three Months of Revenue to the Canada-Ukraine Foundation
TORONTO, ONTARIO (July 13, 2022) – Evermore Capital Inc. (Evermore), a Canadian asset management company, has announced that it has donated 100 percent of its revenue from March, April, and May, an amount totaling $9,332.79, to the Canada-Ukraine Foundation (CUF). The donation will assist with humanitarian efforts in Ukraine.
The CUF is a registered charity formed in 1995 to coordinate, develop, organize, and deliver assistance projects generated by Canadians and directed to Ukraine. For almost three decades, the CUF has helped coordinate and deliver humanitarian aid to Ukraine as it strives to strengthen its democracy through economic prosperity and freedom.
“My parents and grandparents are of Ukrainian ancestry, and our family has always been incredibly proud of our heritage. Of course, I had to do my part to support the people of Ukraine. I will never forget where I came from,” said Myron Genyk, co-founder and CEO of Evermore. “The Canada-Ukraine Foundation is fully dedicated to funding and coordinating humanitarian efforts in Ukraine, and we whole-heartedly support their mission. Evermore stands with Ukraine, and we know our donation will help those who need it most.”
The CUF has a strong track record of providing humanitarian assistance to Ukraine in the areas of health care, education, and civil society. Earlier this year, the CUF, in partnership with the Ukrainian Canadian Congress (UCC), launched the Ukraine Humanitarian Appeal, providing medical care, emergency shelter, and food security to those who were impacted and displaced by Russia’s indiscriminate attacks on Ukraine. As of June 2022, the Ukraine Humanitarian Appeal has received $40 million of donations, with over $10 million of aid delivered or committed for deployment, delivered food to 100,000 families, purchased and delivered medicine to those in need, organized two evacuation flights to Toronto for children with cancer, and provided mental health therapy in Ukraine and support programs for displaced people in Moldova and Romania.
The CUF is now also focused on supporting displaced Ukrainians who are resettling in Canada and will be in need of various resources, services, tools, and support.
“We thank Evermore for its generous donation, which will go to support the millions of people in Ukraine needing assistance, as well as the thousands of refugees seeking sanctuary in Canada,” says Orest Sklierenko, President and CEO of the CUF.“
Evermore Capital Inc. is a Canadian asset management company that created and issued the first target date ETFs in Canada, Evermore Retirement ETFs. Evermore provides Canadians with low-cost, easy to understand, accessible, and goal-based retirement investment solutions. Evermore Retirement ETFs are the first and only target date ETFs in Canada. Evermore Retirement ETFs simplify retirement investing and take the hassle out of deciding what to buy, sell, or when to rebalance, offering Canadians peace of mind in one ETF. For more information on Evermore and the Evermore Retirement ETFs, visit www.evermore.ca
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