Edmonton-based Alberta Investment Management Corporation (AIMCo) on Wednesday announce the launch of The AIMCo Foundation for Financial Education, an independent registered charitable organization focused on the improvement of financial literacy in Alberta.
The foundation, led and funded by AIMCo employees, aims to provide access to scholarships and grants, in addition to opportunities to volunteer for the investment manager’s employees.
The foundation will provide grants to not-for-profit, community-based programs offering financial literacy or empowerment education and services throughout Alberta, as well as post-secondary institutions offering formal education in finance. The grant application cycle will commence in January 2019, within initiatives funded on a rolling-basis.
“The AIMCo Foundation is an initiative over a year in the making and we are very excited to finally be able to reach out to the community we will be supporting,” says Kevin Uebelein, CEO at AIMCo and AIMCo Foundation chairman “Everyone at AIMCo eagerly anticipates the opportunity to make an impact in an area so important to us, personally and professionally.”
AIMCo invests globally on behalf of 32 pension, endowment and government funds in Alberta.