Mécénat Musica distributes $1.5 million to 35 cultural organizations in Quebec

Advertisement / Publicité

This page is also available in / Cette page est également disponible en: Francais (French)

Mécénat Musica program has distributed $1.5 million to 35 cultural organizations in Quebec during pandemic from funds administered by three partner community foundations: Foundation of Greater Montreal, Fondation Québec Philanthrope and Jewish Community Foundation of Montreal. These distributions are from income generated by the Mécénat Musica cultural program that has created $50,000,000 of in perpetuity capital from donations from more than 400 Mécénat Musica individuals and families.

Mécénat Musica: Mini-Galas Santé surprise thank you concerts, and statuettes are delivered by duos of professional singers and instrumentalists to Mécénat Musica donors, with live music of gratitude door-to-door, outside.

Mécénat Musica is a cultural program by donors for donors to keep culture healthy, in perpetuity, for generations to come. Mécénat Musica encourages individuals to make an in-perpetuity donation of $25,000 to a cultural organization that is important to them, and encourages philanthropic families to match these individuals’ donations with donations of $250,000 or $2,500,000. This is a major shift in cultural philanthropy.

An individual’s net cost of a $25,000 cash donation after personal tax credits is $6,750 ^B (or $5,425^B) and is due, with other credits, to an additional Revenue Quebec tax credit for one large cultural donation, which can only be claimed by the individual once in his or her lifetime, until December 31, 2022. Also, the net cost to an individual of a $25,000 donation of public company shares (with large non-realized gains) can be as low as $7,521 ^C and can be done by the donor multiple times.

Mécénat Musica during COVID-19

During the pandemic, Mécénat Musica has launched several health, music, and community initiatives to reduce the impact of this unparalleled crisis on the psychological, social, and mental health of disadvantaged communities, including Mini-Galas Santé, Music for Hope, and Mini-Concerts Santé – the music delivery of 4,000 Mini-Concerts Santé to 30,000 residents in disadvantaged neighbourhoods.

These initiatives are gratefully funded by eight Mécénat Musica donors, Fondation Lucie et André Chagnon, Conseil des arts et des lettres du Québec, Molson Foundation, R. Howard Webster Foundation, Ensemble Caprice, Foundation of Greater Montreal, CIUSSS du Centre-Ouest-de-l’Île-de-Montréal and Jewish Community Foundation of Montreal.

Mécénat Musica’s aim is to make a sustainable contribution to the health of all by supporting health, music, and culture.