Foundation Initiatives

The Thomas C Assaly Charitable Foundation supports young families through sponsorship of the 2010 Work & Family Foundation Canada's first Families That Work Conference – the conference presents valuable tools to help balance career and home life. The event is hosted by De La Salle College in Toronto, the whole family is welcome. A parallel Children’s Program has been planned on-site by Hawthorn School for Girls to take care of babies and children while parents attend.

 

Making an Impact

Neuro-Muscular Research Institute

The University of Ottawa’s Neuro-Muscular Research Institute was constructed through the support of the Thomas C. Assaly Charitable Foundation. Mr. Assaly helped fund the addition in memory of his youngest son, Brian.
 
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Thomas C. Assaly
Thomas C. Assaly
As a student, Thomas C. Assaly held the record for the highest exam scores received for a Master's Degree at the University of British Columbia's Chemical Engineering Department. Mr. Assaly went on to work for Commercial Alcohols (later to become Seagram's) in Louisville, Kentucky. His career achievements in chemical engineering included the patenting of a continuous gin distillation process that proved to be an advancement in the process of alcohol refinement. Thomas C. Assaly sold his patent, and eventually moved east to Quebec as a consultant to Seagram's before entering the world of real estate development.

The positive experience of creative visualization and outstanding outcome helped to launch what would become a legacy of Thomas C. Assaly’s achievements in community development. As he became one of Canada’s greatest business leaders, Mr. Assaly often remarked that the process of conceptualizing and creating "helped him to feel closer to God".

In the early 1980's, Thomas C. Assaly, now a seasoned Canadian business and community leader, demonstrated the Assaly tradition of ingenuity once again by providing his investors with the lucrative and copyrighted Assaly Tax Shelter. The program was a real estate tax shelter, allowing the purchaser to become the "developer", permitting the entitlement to all developer "soft cost" deductions, an extremely innovative program at the time.

Subsequently, the Assaly Investment Program Corporation, developed a third-generation investment system called the AID Program. The AID Program is a tax credit accruement program that benefits investors with their own income producing resort/residential properties and, through a timed charitable donation of the investment property, allows for the immediate accumulation of tax credits.

Sadly, after a valiant battle with Parkinson’s disease, Mr. Assaly passed away in Ottawa in July 2007, though he left a legacy of hard work and innovation for future generations of the Assaly family.
 

About the Thomas C. Assaly Charitable Foundation

For Inquiries

Thomas C. Assaly Charitable Foundation

372 Rideau Street
Suite 219
Ottawa, ON, K1N 1G7

Phone: (613) 258-9090
Fax: (613) 258-9499

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