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Howard Martin Bequest Leaves $27 Million to Vancouver Organizations

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/15/14 -- Editor's Note: There is a photo associated with this release.

The Salvation Army, University of British Columbia, Central City Foundation and West Vancouver Community Foundation today announced the receipt of $27 million from the estate of community builder and business leader Howard Martin.

Martin was instrumental in the development of the West Vancouver neighbourhood of Clovelly-Caulfeild, where he was a long-time resident. He donated 10 acres of land to establish the Caulfeild Elementary School in 1954. He passed away in 1994, stipulating in his will that the four organizations should benefit from his estate at a later time.

Speaking for the family, Martin's grandson Maxwell Darling, said: "We are so grateful for the opportunity to see our grandfather's philanthropic legacy come to realization ensuring both causes and communities he admired, championed and supported throughout his life continue to receive much needed support."

The $27 million bequest was divided between the four organizations:


--  Salvation Army - $9 million
--  UBC - $7.2 million
--  Central City Foundation - $7.2 million
--  West Vancouver Community Foundation - $3.6 million

The gifts, as itemized above, are the largest ever received by the Salvation Army, Central City Foundation and the West Vancouver Community Foundation.

BACKGROUND

Additional quotes:

The Salvation Army Divisional Commander Lieutenant Colonel, Larry Martin: "We are humbled and grateful for this significant gift that will continue to bring hope today and in the future for those in need throughout our Province. This generous $9 million gift will help The Salvation Army as we continue to meet the emerging needs of the 1.5 million individuals we serve each year through our various and diverse programs, resources and services."

UBC President and Vice-Chancellor Stephen Toope:

"This is an extremely generous gift from a man who made investing in future generations through education a priority with his last wishes. This $7.2m gift will help UBC students and faculty take their achievements out into the community."

Jennifer Johnstone, President and CEO of Central City Foundation:

"This generous gift will have a tremendous impact on Central City Foundation's ability to help our neighbours in the inner city. We are proud that our century of building hope inspired Mr. Martin to help us invest more to improve lives, remove barriers and create opportunities for our neighbours in need."

Gerry Humphries, Board Chair, West Vancouver Community Foundation:

"Mr. Martin's bequest is a milestone and turning point for the West Vancouver Community Foundation. It is the largest donation in our 35 year history and the income derived from it will significantly increase our ability to meet the needs of many individuals and organizations in our community. We are extremely grateful to Mr. Martin and his family for their generosity and philanthropic leadership."

Howard Martin biography:

Howard Martin was a leading developer in Vancouver and the North Shore who took over the development of the Caulfeild neighbourhood from Francis Caulfeild, travelling to England to purchase the remaining lands from the Caulfeild estate. He donated 10 acres of this land to establish the Caulfeild Elementary School in 1954 with the proviso that the eastern end of the property should be kept as forest, because he believed that children should have direct contact with nature.

Martin built homes around the school during the 1960s and 1970s, and was instrumental in bringing together the various owners in a process that led to the 1978 approval of the development of the Caulfeild neighbourhood around the school.

Howard Martin was the husband of Joanne Martin and father of Jo Ann, Dale and Jane, all of B.C.

Organizational information and contacts:

The Salvation Army is an international Christian organization that began its work in Canada in 1882 and has grown to become the largest non-governmental direct provider of social services in the country. The Salvation Army gives hope and support to vulnerable people today and everyday in 400 communities across Canada and more than 125 countries around the world. The Salvation Army offers practical assistance for children and families, often tending to the basic necessities of life, providing shelter for homeless people and rehabilitation for people who have lost control of their lives to an addiction. When you give to The Salvation Army, you are investing in the future of marginalized and overlooked people in your community.

Contact: Patricia Cuff, 604-296-3821; [email protected]

The University of British Columbia (UBC) is one of North America's largest public research and teaching institutions and is consistently ranked among the world's 40 best universities. Surrounded by the beauty of the Canadian West, it is a place that inspires bold, new ways of thinking that have helped make it a national leader in areas as diverse as community service learning, sustainability and research commercialization. UBC offers more than 56,000 students a range of innovative programs and attracts $550 million per year in research funding from government, non-profit organizations and industry through over 8,000 projects and grants.

Contact: Heather Amos, UBC Public Affairs; 604.822.3213; [email protected]

Central City Foundation has been bringing neighbours together to build hope in the inner city since 1907. By building housing and other capital projects, investing in social enterprises that create jobs and opportunities as well as funding hundreds of non-profit organizations, Central City Foundation has provided help and hope to our neighbours in the inner city community for 107 years.

Contact: Carla Shore, C-Shore Communications Inc. P: 604-329-0975, [email protected]

The West Vancouver Community Foundation is a non-government, non-profit community foundation founded in 1979. We assist individuals, families, corporations, and non-profit organizations to make donations in perpetuity to our community, thereby helping to shape its future. Gifts and donations to the West Vancouver Community Foundation are used to establish permanent, income-earning endowment funds. Earnings generated from these funds are used to meet and respond to evolving community needs.

Contact: Gerry Humphries, 604 230-1558; [email protected]

To view the photo associated with this release, click the following link: http://www.marketwire.com/library/20140514-800marti.jpg

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