Eugene Melnyk passes away

[RWJC]

12 minutes ago, King Heffy said:

Warhippy articulated what I meant a little better than I did, but I'm not in the habit of censoring myself.  He did do some good things like pay the workers who had to stay home due to the trucker occupation.

It's not about censoring after the fact.

It's about understanding that the word just got out about 30mins ago of his passing and maybe showing a little restraint and holding your breath for a minute.

Why the fvck people think their opinion is so important that they have to comment on someone's death like it's a fvcking hockey play.

 

Here you are talking like this in this forum, and then condemning death and hatred in another one.

Astounding to me.

I'm peacing the forums for a bit now because i'm embarrassed by this kind of $hit and believing people like you weren't so fvcking hypocritical.

 

 

Hope everybody takes good care of themselves and thanks for the great conversations!

Edited March 29, 2022 by RWJC

[-Vintage Canuck-]

 

[butters]

1 hour ago, King Heffy said:

So is how he treated the franchise after a fan saved his life.

what a terrible take

[Tinky-Winky]

RIP, HUGE loss in the NHL and the REAL WORLD ........may he rest in peace and hope his wife and family pull threw this

[Odd.]

RIP Melnyk.

 

Hockey fan first and foremost. Absolutely loved Ottawa, a bit too much, got too involved behind the scenes of hockey moves but there is no doubt his community work off the ice did not go unnoticed. Kept Ottawa alive as much as he could, and did a good job in doing so. 
 

His work in the medical field and truly revolutionizing medical care in Canada was truly amazing. 
 

He was a great human being. 

Edited March 29, 2022 by Odd.

[Dazzle]

2 hours ago, Odd. said:

RIP Melnyk.

 

Hockey fan first and foremost. Absolutely loved Ottawa, a bit too much, got too involved behind the scenes of hockey moves but there is no doubt his community work off the ice did not go unnoticed. Kept Ottawa alive as much as he could, and did a good job in doing so. 
 

His work in the medical field and truly revolutionizing medical care in Canada was truly amazing. 
 

He was a great human being. 

 

https://www.thescore.com/nhl/news/1976361

 

 

Eugene Melnyk's charity previously directed a small fraction of the money it generated toward its intended cause.

The Ottawa Senators owner created The Organ Project - a private, Toronto-based not-for-profit foundation - in 2016, with the goal of ending the organ transplant waiting list and "changing the current environment so that, in the near future, nobody in Canada will die while waiting for an organ transplant."

However, while it gained $991,708 in revenues during 2018, it contributed barely $5,000 of that to organ donor awareness, according to Postmedia's Rick Gibbons, who cited filings from the Canada Revenue Agency.

 

Melnyk's charity is separate from the Senators Foundation - the team's charitable arm - which announced its intent to sever ties with the club last week.

The Senators Foundation budgeted $100,000 toward The Organ Project but eventually decided against donating it, Gibbons added.

Of the roughly $1 million taken in by Melnyk's charity, it spent $779,464 on fundraising costs and another $238,118 on management and administration, according to the filings obtained by Gibbons, who was informed that these types of figures are "almost certain" to be scrutinized by tax officials.

Unlike the Senators Foundation, the Organ Project doesn't require a board of directors to oversee operations, and according to Gibbons, the latter entity appeared to be directed solely by Melnyk. However, it shut down in 2019 and didn't fulfill a promise to reopen this spring.

The Senators and their foundation will formally part ways if they're unable to resolve their dispute by July 31.

 

Edited March 29, 2022 by Dazzle

[Dazzle]

.

Edited March 29, 2022 by Dazzle

[Dazzle]

In spite of that, I do recall Melynk helping out Mike Fisher's trade so that he could go to Nashville to be with his wife Carrie Underwood.
 

It was a good gesture.

[Nuxfanabroad]

Hope they move on to stable ownership & remain in Canada.

 

Have long suspected this corruptShyte-league will move them stateside, now that the dirty work(rebuild yrs) is done. Quebec/Col 2.0

[24K PureCool]

6 hours ago, King Heffy said:

So is how he treated the franchise after a fan saved his life.

6 hours ago, HI5 said:

Yep, Melnyk was a real piece of work. Poor fan that donated their liver, to give him a few more years.m and screw their franchise.  

Edited March 29, 2022 by 24K PureCool

[24K PureCool]

This came out of left field. Condolences to the family. Might not be the best NHL owner but still someone committed to keeping his team in Canada.

 

This is going to be interesting times for the Senators.

[IBatch]

7 hours ago, Odd. said:

RIP Melnyk.

 

Hockey fan first and foremost. Absolutely loved Ottawa, a bit too much, got too involved behind the scenes of hockey moves but there is no doubt his community work off the ice did not go unnoticed. Kept Ottawa alive as much as he could, and did a good job in doing so. 
 

His work in the medical field and truly revolutionizing medical care in Canada was truly amazing. 
 

He was a great human being. 

Yes he was a great human being.   Did some odd things around his threats with the franchise (fighting with the city to get it closer to downtown) but a lot of those things were spun by the media.    Like he was a total boozer which is why he needed a new liver.    What he actually did was a lot different, was great with the players and amazing in the community.  Strange how you don't hear much about all the good a man does in the paper or the media is it not?   Just the dark tastier stuff... and if you do it's buried near the back of the paper and gets a paragraph tucked inbetween a car dealerships add..  NHL.com did a brief thing about the man, and had the decency to list some of the good he did. Know some personal things about him via connections in the community, everyone seems to love the guy that knew him.   That's a testament...the fans well they had their grievances not spending to the cap .... during a rebuild.   

[IBatch]

5 hours ago, Dazzle said:

 

https://www.thescore.com/nhl/news/1976361

 

 

Eugene Melnyk's charity previously directed a small fraction of the money it generated toward its intended cause.

The Ottawa Senators owner created The Organ Project - a private, Toronto-based not-for-profit foundation - in 2016, with the goal of ending the organ transplant waiting list and "changing the current environment so that, in the near future, nobody in Canada will die while waiting for an organ transplant."

However, while it gained $991,708 in revenues during 2018, it contributed barely $5,000 of that to organ donor awareness, according to Postmedia's Rick Gibbons, who cited filings from the Canada Revenue Agency.

 

Melnyk's charity is separate from the Senators Foundation - the team's charitable arm - which announced its intent to sever ties with the club last week.

The Senators Foundation budgeted $100,000 toward The Organ Project but eventually decided against donating it, Gibbons added.

Of the roughly $1 million taken in by Melnyk's charity, it spent $779,464 on fundraising costs and another $238,118 on management and administration, according to the filings obtained by Gibbons, who was informed that these types of figures are "almost certain" to be scrutinized by tax officials.

Unlike the Senators Foundation, the Organ Project doesn't require a board of directors to oversee operations, and according to Gibbons, the latter entity appeared to be directed solely by Melnyk. However, it shut down in 2019 and didn't fulfill a promise to reopen this spring.

The Senators and their foundation will formally part ways if they're unable to resolve their dispute by July 31.

 

His senators foundation, which he put a a lot of his own cash in, has put 100 million dollars into the community of Ottawa...

[MystifyNCrucify]

I only came in to read the inevitable Heffy post. I expected “garbage human being” or “human garbage”. 

 

I guess Heffy held back a bit. 

[Dazzle]

34 minutes ago, IBatch said:

His senators foundation, which he put a a lot of his own cash in, has put 100 million dollars into the community of Ottawa...

https://www.hockeyfeed.com/nhl-news/eugene-melnyk-hits-new-low-as-senators-foundation-splits-with-team

 

https://www.silversevensens.com/2020/6/8/21283815/eugene-melnyks-charity-under-fire-ottawa-senators

 

The most damning bits of information from Gibbons’ piece are sourced from publicly available information: the CRA. It’s not like the Sens Foundation has never given to Melnyk’s private charity, either. Back in 2018, they wrote a cheque for $100k, and offered up another $15k in sponsorship. So perhaps Melnyk has a very good explanation for what is going on here, but it will be hard to explain this away (forgive the long block quote):

According to Canada Revenue Agency filings, the Organ Donation Project generated $991,708 in revenues in 2018, primarily thanks to a big charity gala it staged in Toronto. No doubt, that $100,000 Senators Foundation cheque helped.

So what happened to all that money? Again, according to CRA filings, The Organ Project invested barely $5,000 of the nearly $1 million it raised on organ donor awareness. For those without a calculator, that’s 0.49 per cent, or less than half a cent for every dollar raised. And yet the Sens Foundation is being attacked for investing about 50 cents on every dollar it raises on programs. The hypocrisy is stunning.

So, where did all The Organ Project money go if not to worthy causes? According to CRA, a whopping $779,464 went to cover fundraising costs. Another $238,118 went to management and administration.

According to Gibbons’ article, Melnyk and the Sens’ Foundation are poised for an acrimonious battle before the July 31st deadline. More on this story as it becomes available.

 

https://www.thestar.com/sports/hockey/opinion/2020/06/08/its-hard-to-be-charitable-with-eugene-melnyk-fans-and-the-senators-own-foundation-agree.html

 

Never mind that Melnyk owns a franchise valued at about $445 million (U.S.), according to Forbes, or that he’s often found himself on lists of Canada’s wealthiest individuals. In the past year alone he’s piled up enough negative business-page headlines to last a lamentable career. Where do we start? Last summer, a casino in Connecticut sued Melnyk for attempting to pay a bill worth about $900,000 with five bank drafts that were “dishonoured” by the bank. That was around the same time Melnyk had to go to court to get his company’s private plane back after an aviation company seized it over what it said was an unpaid debt of about $690,000. Not long after that, there was the story of the former pilot of said private plane mounting a legal push to retrieve some $13,000 she claimed was owed by the company that oversees the Senators.

And let’s not even talk about the big talk of a downtown arena that’s ended in a thud. Let’s not even talk about the revolving door in the Senators’ C-suite, including the March departure of CEO Jim Little after all of a couple of months at the helm, and the 2016 exit of a chief marketing officer who filed a hefty lawsuit alleging abusive behaviour from Melnyk. And let’s just stay very far away from the alleged financial chicanery of Melnyk’s slightly more distant past — like, say, the time in 2008 that the chief American subsidiary of Biovail, the Toronto-based drug company Melnyk once ran, paid a $24.6-million fine to settle kickback and conspiracy charges brought by authorities in the United States.

 

https://deanblundell.com/sports/nhl/the-ottawa-senators-foundation-just-fired-the-ottawa-senators-because-eugene-melnyk-is-a-dick/

RUMOR is owner Eugene Melnyk hasn’t lived up to many promises he’s made to the Sens Foundation. He’s neck-deep in debt which would surprise no one after Casino’s and Private Jet companies started publically shaming Melnyk last year to pay his bills and outstanding debt in the millions.

No matter the impetus, being fired by their official charity in a time when charitable giving is down 98% in Canada is another brick in the embarrassing wall of perpetual shame Melnyk has built around a once-proud franchise.

 

 

[IBatch]

1 minute ago, Dazzle said:

https://www.hockeyfeed.com/nhl-news/eugene-melnyk-hits-new-low-as-senators-foundation-splits-with-team

 

https://www.silversevensens.com/2020/6/8/21283815/eugene-melnyks-charity-under-fire-ottawa-senators

 

The most damning bits of information from Gibbons’ piece are sourced from publicly available information: the CRA. It’s not like the Sens Foundation has never given to Melnyk’s private charity, either. Back in 2018, they wrote a cheque for $100k, and offered up another $15k in sponsorship. So perhaps Melnyk has a very good explanation for what is going on here, but it will be hard to explain this away (forgive the long block quote):

According to Canada Revenue Agency filings, the Organ Donation Project generated $991,708 in revenues in 2018, primarily thanks to a big charity gala it staged in Toronto. No doubt, that $100,000 Senators Foundation cheque helped.

So what happened to all that money? Again, according to CRA filings, The Organ Project invested barely $5,000 of the nearly $1 million it raised on organ donor awareness. For those without a calculator, that’s 0.49 per cent, or less than half a cent for every dollar raised. And yet the Sens Foundation is being attacked for investing about 50 cents on every dollar it raises on programs. The hypocrisy is stunning.

So, where did all The Organ Project money go if not to worthy causes? According to CRA, a whopping $779,464 went to cover fundraising costs. Another $238,118 went to management and administration.

According to Gibbons’ article, Melnyk and the Sens’ Foundation are poised for an acrimonious battle before the July 31st deadline. More on this story as it becomes available.

 

https://www.thestar.com/sports/hockey/opinion/2020/06/08/its-hard-to-be-charitable-with-eugene-melnyk-fans-and-the-senators-own-foundation-agree.html

 

Never mind that Melnyk owns a franchise valued at about $445 million (U.S.), according to Forbes, or that he’s often found himself on lists of Canada’s wealthiest individuals. In the past year alone he’s piled up enough negative business-page headlines to last a lamentable career. Where do we start? Last summer, a casino in Connecticut sued Melnyk for attempting to pay a bill worth about $900,000 with five bank drafts that were “dishonoured” by the bank. That was around the same time Melnyk had to go to court to get his company’s private plane back after an aviation company seized it over what it said was an unpaid debt of about $690,000. Not long after that, there was the story of the former pilot of said private plane mounting a legal push to retrieve some $13,000 she claimed was owed by the company that oversees the Senators.

And let’s not even talk about the big talk of a downtown arena that’s ended in a thud. Let’s not even talk about the revolving door in the Senators’ C-suite, including the March departure of CEO Jim Little after all of a couple of months at the helm, and the 2016 exit of a chief marketing officer who filed a hefty lawsuit alleging abusive behaviour from Melnyk. And let’s just stay very far away from the alleged financial chicanery of Melnyk’s slightly more distant past — like, say, the time in 2008 that the chief American subsidiary of Biovail, the Toronto-based drug company Melnyk once ran, paid a $24.6-million fine to settle kickback and conspiracy charges brought by authorities in the United States.

 

https://deanblundell.com/sports/nhl/the-ottawa-senators-foundation-just-fired-the-ottawa-senators-because-eugene-melnyk-is-a-dick/

RUMOR is owner Eugene Melnyk hasn’t lived up to many promises he’s made to the Sens Foundation. He’s neck-deep in debt which would surprise no one after Casino’s and Private Jet companies started publically shaming Melnyk last year to pay his bills and outstanding debt in the millions.

No matter the impetus, being fired by their official charity in a time when charitable giving is down 98% in Canada is another brick in the embarrassing wall of perpetual shame Melnyk has built around a once-proud franchise.

 

 

Why? 

[Dazzle]

1 minute ago, IBatch said:

Why? 

https://www.theringer.com/2019/10/8/20904509/eugene-melnyk-ottawa-senators-worst-sports-owner-in-north-america

 

Have you heard the one about the powerful weirdo—a guy who got rich by extracting millions from shady businesses—who was accused of commissioning dark Ukranian forces against one of his many detractors? No, the other one. His name is Eugene Melnyk, and he has owned the Ottawa Senators since he purchased the team when it was on the verge of bankruptcy in 2003. He is possibly (in a crowded field that is truly rich in generational talent!) the worst owner in North American sports.

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Sure, the competition is fierce. Just this week, the Washington Redskins’ Dan Snyder, who once left tubs of flavored ice cream on a coach’s desk because he thought his defense was “too vanilla” and who is associated with more than one online astroturfing campaign, summoned his head coach to a 5 a.m. meeting to fire him. Madison Square Garden’s James Dolan has banned reporters (and fans, and beloved former players) critical of him. The Mets-owning Wilpons are tightwads. The Bengals’ Mike Brown is worse than just a bad owner: He’s a boring one. The Phoenix Suns owner, Robert Sarver, keeps threatening to relocate, a long and storied tradition among these types.

But you know those thought experiments where you try to pick and choose various skills from different players in order to construct the ideal professional athlete? The speed of Usain Bolt with the accuracy of Tom Brady and the mustache of Lanny McDonald, that sort of thing? Melnyk is that, except substitute “franchise owner-destroyer” in the equation. He is more Mr. Potato Head than Voltron, a guy who combines:

1. The suspicious origins of someone investigated by two countries for accounting fraud (his pharmaceutical company, Biovail, settled with the SEC for $24.6 million in 2008, a year after settling a class action for $138 million, and that’s not even the extent of the various lawsuits associated with the enterprise); with:
2. A complete ongoing inability to ever read the room, best exemplified when he recorded and released a bizarre video last September that was theoretically meant to be motivational but instead led off with his characterizing the team he’d owned for 15 years as “in the dumpster”; and:
3. The shameless moxie it takes to get sued for nearly a million bucks by the Mohegan Sun casino over, effectively, bounced checks from a 2017 St. Paddy’s Day gambling spree, and then claim that it’s not fair because he totally had tried cashing out when he was ahead but the casino wouldn’t let him; as well as:
4. The petty shortsightedness necessary to ban one reporter from the team plane (because the reporter had covered the existence of a video posted by an Arizona Uber driver that showed some visiting Ottawa Senators talking $&!# about an assistant coach) and tell another reporter “I’ll bury you” (because the reporter had asked whether it was true that Melnyk hadn’t paid out bonuses to employees); oh and neither last nor least:
5. The time, inclination, and global dark web connections to (aLlEgEdLy!) sic Ukranian hackers on a hockey blogger’s website in 2013 after said blogger began exploring the Potemkin village that was Melnyk’s—and by extension, the underperforming Senators’—financial structures. (A convincing gumshoe deep dive into Melnyk’s probable links to the hack involved a charity called “Help Us Help the Children” and a phishing attempt with “On-Paul-MacLeans-Offensive-Zone-Strategy” in the faux URL.)

There's a whole lot of dirt on this guy, but people are choosing to ignore this because he died. He's not a great man.

[Dazzle]

(continued from the link above)

 

Melnyk is the kind of guy who has been a resident of Barbados, which just so happens to be a great tax haven, since 1991. There is currently a lien out on a private jet registered to a company of his called “Clean Beauty Collective” because of nearly seven hundred grand in late payments. He has owned horse-racing operations and fragrance companies. He says he was accosted this summer at a Rolling Stones concert by a member of Ontario provincial parliament who called him a piece of $&!# and a loser, though he can take solace in the fact that his honor sometimes gets defended by a bunch of brand-spankin’-new Twitter users with questionable syntax!

The thing about the silly and passionate love that people have for their sports teams is that the majority of the absolute nonsense constantly swirling around Melnyk could probably be overlooked by fans as semistandard “Yep, that’s our owner!” eccentricities—if it weren’t also for the myriad ways Melnyk has, over the years, torpedoed the Senators.

Melnyk may have “saved” Ottawa from bankruptcy in 2003, but from the start, much of his wealth was tied to his pharmaceutical company, Biovail, which had been plagued by issues for years. (A 1998 Forbes article described Melnyk as “a smooth, well-tailored entrepreneur with only a medical publishing background, who has made a number of announcements about his company’s pending drugs that have yet to prove true.”) The same year Melnyk bought the Senators and their arena for $92 million, he also told investors—fraudulently, it was later ruled—that subpar Biovail profits were a result of a fatal truck accident in Illinois that had delayed shipments. Over the years Melnyk has relied on a daisy chain of loans to finance the Senators, the most recent being a $135 million line of refinanced credit announced in the summer of 2018.

All this has had ripple effects on the franchise. It was bad enough to lose team legend Daniel Alfredsson in the twilight of his career in 2013 in order to pinch pennies, but it was worse when Alfredsson was alienated for a second time after he returned for a front-office position. (It also wasn’t super reassuring when Melnyk explained his team-building strategy to the Ottawa Citizen after Alfredsson’s departure: “It’s no different than the horses,” he said. “You’ve got your superstars up here, then you’ve got the other 80 per cent.”) It was totally unnecessary when, on the eve of what was supposed to be a happy, low-drama outdoor hockey game in 2017, Melnyk said he’d consider moving the team if attendance became “a disaster,” and it seemed like gaslighting when he later complained about people bringing up relocation. Melnyk is so distrusted in Ottawa that even when he underwent a successful liver transplant in 2015, it was not without controversy.

The Ottawa Senators 2017 playoff run roster, only 25 months later. pic.twitter.com/DKm7VLac2P

— jagmeet singh liker (@ryanclassic) July 30, 2019

It was only three seasons ago that Ottawa was a goal away from the Stanley Cup final, but it seems like an eternity. Rebuilds are inevitable, but the Senators have been home to and mismanaged some great talent of late. Erik Karlsson, one of the league’s best defensemen, was a player so important to Ottawa that an angry Melnyk vowed to use “forensic doctors”(?) against an opposing player whose skate blade cut Karlsson’s Achilles tendon in 2013. And yet the team balked at paying their captain market value in 2018, trading him instead to the San Jose Sharks. Ottawa engaged in a “blockbuster” trade to acquire forward Matt Duchene in 2017, only to trade him away within a season.

These sorts of erratic moves haven’t been limited to the team’s roster, either: With the February 2019 collapse of longtime plans for a major arena and real estate project near downtown Ottawa, Melnyk also botched the development of much of the surrounding city. Needless to say, a lawsuit and a countersuit are underway. With their payroll only barely scraping the league’s mandated salary floor (and a good portion of it devoted to cap-geek workarounds that enable the team to effectively pay even less) the Senators are maybe operating within the letter of the law, though probably not the spirit.

A Statement released by the Senators, concerning comments by owner Eugene Melnyk at a corporate event last night in Toronto... pic.twitter.com/wLOVuABmcO

— John Shannon (@JShannonhl) February 7, 2019

In February, Melnyk unveiled a grand vision. The next few seasons, he allowed, would be dedicated to more rebuilding, but it would all pay off before long! The Senators’ plan, according to a statement the team released, was to be “all-in again for a five-year run of unparalleled success—where the team will plan to spend close to the NHL’s salary cap every year from 2021 to 2025.” It was a very Melnykian statement: somehow both blustering and pathetic, one hypothetical enough to be meaningless. It sounded a lot like the way he was described in Forbes more than 20 years ago, back when he was making those announcements about that company’s pending drugs, the ones that never wound up being true. The Senators are 0-2 in their first two games, but both the good and the bad news is: There’s a long season ahead.

 

---------------

 

I don't understand why people warp history now to shape the way they want to see this guy. This guy had shades of Trump by withholding payments to people, owing a ton of money, and just seemingly doing some shady activities (i.e. allegedly hiring hackers to discredit a blogger).

 

Moreover, the guy spent a lot of his time in a tax haven, all the while being notorious for being "the worst" hockey team owner. Specifically, the way his Organ Project foundation was run was just awful. For a billionaire, did he really not know how to run one? How did so much of those revenues end up going to administration, while approximately $5,000 (!) only went out.
 

Like how?

 

 

[Dazzle]

20 minutes ago, IBatch said:

Why? 

The other thing I can't figure out is, despite Melnyk's claim that the Sen's foundation has brought in $ 100 million

 

https://www.nugget.ca/news/local-news/live-ottawa-senators-owner-eugene-melnyk-set-to-make-significant-announcement

 

There is another source that appears to contradict this significantly.

 

https://ottawacitizen.com/sports/hockey/sens-foundation-to-become-ottawa-gatineau-youth-foundation

 

Launched in January 1988, the registered charity raised funds and provided more than $35 million in grants to charitable organizations in Eastern Ontario and Western Quebec. Earlier this year, however, the National Hockey League club, from which the charity operates at arm’s length, indicated it was reviewing its relationship with the foundation. By the terms of the agreement between the two, that relationship ends on Friday.

In 2018, a survey conducted by Charity Intelligence Canada gave the Ottawa Senators Foundation a C-minus rating, indicating that only 51 cents of each dollar raised by the charity went back into the community.

 

“That’s considered really low on average,” Anthony Leblanc, the club’s president of business operations, said in June. “Most organizations want to be north of 70 to 80 cents of each dollar. All that did for me was show that’s not really acceptable and there clearly are areas where we can make improvement that could happen.”

The Ottawa-Gatineau Youth Foundation will be overseen by a volunteer board chaired by Goldy Hyder, president and CEO of the Business Council of Canada, and vice-chaired by Ian Sherman of Ernst & Young. Roxanne Bouchard, VP and marketing manager at BMO, will act as treasurer. Other board members include former Senators player Brendan Bell, educator Tara Borowiecki, who is married to Senators alternate captain Mark Borowiecki, and philanthropist Barbara Crook.

 

---

 

Seriously, one needs to give pause and understand that Melnyk probably wasn't the most honest man - not even close.

 

Edited March 29, 2022 by Dazzle

[IBatch]

6 minutes ago, Dazzle said:

The other thing I can't figure out is, despite Melnyk's claim that the Sen's foundation has brought in $ 100 million

 

https://www.nugget.ca/news/local-news/live-ottawa-senators-owner-eugene-melnyk-set-to-make-significant-announcement

 

There is another source that appears to contradict this significantly.

 

https://ottawacitizen.com/sports/hockey/sens-foundation-to-become-ottawa-gatineau-youth-foundation

 

Launched in January 1988, the registered charity raised funds and provided more than $35 million in grants to charitable organizations in Eastern Ontario and Western Quebec. Earlier this year, however, the National Hockey League club, from which the charity operates at arm’s length, indicated it was reviewing its relationship with the foundation. By the terms of the agreement between the two, that relationship ends on Friday.

In 2018, a survey conducted by Charity Intelligence Canada gave the Ottawa Senators Foundation a C-minus rating, indicating that only 51 cents of each dollar raised by the charity went back into the community.

 

“That’s considered really low on average,” Anthony Leblanc, the club’s president of business operations, said in June. “Most organizations want to be north of 70 to 80 cents of each dollar. All that did for me was show that’s not really acceptable and there clearly are areas where we can make improvement that could happen.”

The Ottawa-Gatineau Youth Foundation will be overseen by a volunteer board chaired by Goldy Hyder, president and CEO of the Business Council of Canada, and vice-chaired by Ian Sherman of Ernst & Young. Roxanne Bouchard, VP and marketing manager at BMO, will act as treasurer. Other board members include former Senators player Brendan Bell, educator Tara Borowiecki, who is married to Senators alternate captain Mark Borowiecki, and philanthropist Barbara Crook.

 

---

 

Seriously, one needs to give pause and understand that Melnyk probably wasn't the most honest man - not even close.

 

Yes that's what we should be doing - digging up dirt on the man who just passed away.   Good grief - like Melnyk himself is supposed to manage all his people personally.   Fact is he created something that helped people.   Again i ask why?   Nepotism lol...look at Vancouver - half the organization is ex-canucks.   

Edited March 29, 2022 by IBatch