Ontario Wealth Management Corporation has proudly supported The Owemanco Charitable Foundation (the “Foundation”) since 2014 by donating 5% of its management fees earned by managing the Owemanco Mortgage Trust (the “Trust”) and covering all its operational costs. Interest earned on the Foundation’s assets, which are invested in the Trust, are distributed each year to a charity selected by the Board. Over $370,000 has been donated to date.
In 2024, the Foundation marked its 10-year anniversary with assets having grown to approximately $1,000,000 in capital. The donation for the year is $100,000, with plans for increasing contributions in the years to come.
Our mission is to support organizations that focus on community outreach, mental health services, and resources for those in need across Southern Ontario. We prioritize charities that operate efficiently and maintain low administrative costs. As an example, in 2018, we chose to donate to Nellie’s, an organization providing emergency shelter and support for women. We were impressed by their significant impact and their commitment to directing 90% of their revenue towards programs and services.
Apply today and join us in making a difference in our communities!
The Owemanco Charitable Foundation is dedicated to enhancing the lives of individuals & communities by providing financial support to organizations that deliver essential services in community outreach, mental health, and poverty alleviation. Through our commitment to responsible stewardship & impactful giving, we strive to create positive change in the lives of those in need.
Our vision is to foster a compassionate and equitable society where every individual has access to the resources and support they need to thrive. We envision a world where efficient and effective charities lead the way in uplifting communities, ensuring that no one is left behind.
We uphold the highest standards of ethical conduct and transparency in all our operations, ensuring that our contributions make a meaningful impact.
We prioritize organizations that demonstrate a strong commitment to their communities, especially those providing essential support to vulnerable populations.
We seek to fund charities that operate with efficiency, directing a significant portion of their resources towards programs and services that create lasting change.
We believe in the power of partnership and collaboration, working alongside dedicated organizations to amplify our collective efforts in addressing social challenges.
We are committed to responsible investment practices that ensure the long-term growth of the Foundation, allowing us to increase our support for charitable initiatives each year.
Funded in the Past
The Foundation is accepting applications for 2025. Fill out the form below and one of our team members will reach out. Please remember to upload a copy of your charity’s most recent financial statement for formal consideration by the Foundation.
‘The impact will be tremendous’: Midland’s Guesthouse Shelter receives $50,000 donation from Toronto-based charity
We are thrilled that The Owemanco Charitable Foundation has granted us its annual gift, $75,000 that will go a long way
I wanted to say thank you for ensuring that the vision Graham Tobe created in 2016 with The Owemanco Charitable Foundation
Graham Tobe,
Director
Warren Morris,
President
Shibayle Tobe,
Secretary
Osama Iqbal Ahmed,
Treasurer
Randy Goldman,
Vice-President
