November 22, 2011
Canadian Capital Magazine has published an article featuring the partnership between the Margaret and Wallace McCain Family Foundation Inc. and the Jimmy Pratt Foundation:
"Increasingly, foundations seek to leverage the impact of their grants by partnering with other philanthropic organizations that share their interests.
So when the Jimmy Pratt Foundation in St. John’s, N.L., launched in September, it teamed up with its more established New Brunswick neighbour, the Margaret and Wallace McCain Family Foundation Inc., to fund its first beneficiary. Together, they each made a grant of $150,000, to be spent over three years, to the Faculty of Education at Memorial University of Newfoundland for early childhood research.
....The alliance allows her newly created organization to be mentored by the McCain Foundation, she says, and to build on the successes the latter has had in the Maritime Provinces. The McCain Foundation has partnered with the New Brunswick and PEI governments to create 10 integrated children’s centres. (Each centre combines child care, education, family and community health services into a single, accessible program designed to meet the needs of children and their families from the prenatal period to elementary school.)"