BMO Financial Group
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BMO Financial Group
BMO Bank of Montreal

BMO Bank of Montreal

November 12, 2014 11:12 ET

Media Advisory: BMO and ChangeIt to Announce First-Of-Its-Kind Charitable Giving Partnership in Canada

TORONTO, ONTARIO--(Marketwired - Nov. 12, 2014) - BMO Bank of Montreal, in partnership with ChangeIt, will become the first bank in Canada to offer an innovative, secure and tax-efficient way for Canadians to use a credit card to make a donation. ChangeIt technology enables consumers to 'round up' amounts on their credit card purchases and donate the difference to registered charities.

Media and community members are invited to the launch event hosted by SickKids Foundation.

Event Details:

Who:

  • Robin Cardozo, Chief Operating Officer, SickKids Foundation
  • Mike Kitchen, CEO, ChangeIt
  • Nick Mastromarco, Managing Director, Acquisition, Loyalty & Partnerships, BMO Bank of Montreal
  • Jay Hooper, Vice President of Development, WWF-Canada
  • Sharon Wood, President and CEO, Kids Help Phone

When:

  • Thursday, November 13, 2014, from 10:00 a.m. to 11:00 a.m.

What:

  • BMO launches ChangeIt partnership
  • Opportunity to speak with representatives from major supporters of the partnership, including: SickKids Foundation, WWF-Canada, Kids Help Phone
  • Learn how ChangeIt works and how Canadians can donate

Complimentary coffee and refreshments

Where:

The Hospital for Sick Children, Slaight Family Atrium - Garden Terrace
555 University Ave, Toronto,
(Elizabeth St. entrance)

About SickKids Foundation

Established in 1972, SickKids Foundation raises funds on behalf of The Hospital for Sick Children (SickKids) and is the largest charitable funder of child health research, learning and care in Canada. Philanthropy is a critical source of funding for SickKids - one of the world's foremost paediatric health-care institutions. Thanks to the generosity of the community, and as a result of a record-breaking year in fundraising and investment returns, SickKids Foundation invested an unprecedented $129.3 million in grants and charitable activities for the fiscal year ending March 31, 2014. For more information, please visit sickkidsfoundation.com.

About WWF-Canada

WWF is creating solutions to the most serious conservation challenges facing our planet, helping people and nature thrive. www.wwf.ca

About Kids Help Phone

Kids Help Phone is a Canadian and world leader, known for its expertise and continuous innovation as Canada's only 24/7 professional counselling and information service for young people. Since 1989, it has offered kids, teens, and young adults a critical lifeline of hope and support through its free, anonymous service, which research shows significantly improves youth mental health. Young people reach out to Kids Help Phone's counsellors from every corner of the country via phone, Live Chat, and web post, and also benefit from its database of 46,000 local youth-serving programs. Kids Help Phone's websites and Always There app, both widely recognized models of youth-focused design, offer therapeutic tools, games, information, and counselling. As an organization that speaks with young people every day, Kids Help Phone works to share their perspectives and improve their well-being on a societal level. Kids Help Phone raises the majority of its revenue from individuals, foundations, corporations, and community fundraising; thanks to its generous donors, it can be there - always - for the 6.5 million young people in Canada between five and 20, in English and in French.

About ChangeIt

ChangeIt is owned and operated by Formulating Change Inc., a Canadian based organization incorporated in both Canada and the US, dedicated to innovation in charitable giving through our patented round up capability. ChangeIt partners with Financial Institutions and Charities to allow consumers to round up their debit, credit and mobile wallet purchases and to direct the amounts to the consumer's favourite Charities. ChangeIt is a certified B-Corp and was recognized in 2014 with B-Corps "Best for the World" designation and is also registered as an Imagine Canada Caring Company.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had more than $586 billion in total assets and approximately 47,000 employees at July 31, 2014.

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