Deep Roots Dept: The organization's fourth-annual Vital Signs report, to be made public next week, highlights other specific problems, such as the high number of Montrealers who are without a family doctor, according to Montreal Gazette. This year, the FGM will be looking to spend more money on helping to fight the high dropout rate, which was 32.1 per cent on Montreal Island, 26.8 per cent in Longueuil and 25.3 per cent in Laval in 2006-07, vs. less than 20 per cent in other major cities across Canada and montreal ranks high in overall quality of life, but the city has some entrenched problems that need special attention, notably the high dropout rate from school among teenagers, says the Foundation of Greater Montreal. The FGM is a community foundation that was launched 10 years ago. Community foundations have deep roots in English Canada and the U.S., but they are relatively new to Quebec. These foundations create and manage endowment funds, and use income from investments to support worthy local community causes. Although most people who set up endowments with the FGM are people of high net worth, anybody can create their own fund with the FGM provided they put up a minimum of $10,000. Information from Vital Signs helps the FGM and their affiliated donors decide where they should direct their grant money. As
reported in the news.
@t endowment funds, montreal island
1.10.10