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Montréal, April 12, 2022 – To date, Mécénat Musica program has created $81,000,000 of in perpetuity capital for Québec cultural organizations with large donations from more than 500 Mécénat Musica individuals and families. In the two years since the pandemic start, $31,000,000 of in perpetuity capital has been generated for Québec cultural organizations and administered by three partner community foundations: Foundation of Greater Montreal, the Jewish Community Foundation of Montreal and Fondation Québec Philanthrope.
Mécénat Musica: Mini-Galas – duos of professional singers and instrumentalists deliver surprise thank you concerts presenting statuettes to Mécénat Musica donors, outside their door in gratitude.
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. 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.
B and C: Notes B and C are in the Mécénat Musica program.
Watch video Mécénat Musica in Perpetuity 2022:
During the pandemic, Mécénat Musica program has launched several health, music, and community initiatives to reduce the impact of this unparalleled crisis on the psychological, social, and mental health of communities, including Mécénat Musica: Mini-Concerts Santé (Prix Opus Événement musical 2020), Mini-Opéras Santé, Mini-Galas, Artists in residence, Educators in residence, Donors in residence, Art Choral, Prix Santé and Prix 3 Femmes – dedicated to developing new operas by emerging women Canadian women composers and librettists. The number of Mini-Opéras Santé & Mini-Concerts Santé delivered to 70,000 children, adolescents, elderly, adults, and families in underserved neighbourhoods is 10,000.
Mécénat Musica’s aim is to make a sustainable contribution to the health of all by supporting health, music, and culture.
For more information: Mécénat Musica
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