Nutrien matches $500K fundraising effort to benefit Sask. food banks
No word on Nutrien charitable goals — yet
Newly-formed Nutrien will follow in the charitable footsteps of well-known corporate donor PotashCorp, according to Nutrien president and CEO Chuck Magro.
Nutrien is the product of a merger between Saskatoon-based PotashCorp and Calgary-based Agrium.
Magro attended a press conference at the Saskatoon Food Bank and Learning Centre Thursday afternoon to highlight Nutrien's donations to food banks across Saskatchewan.
Nutrien gave the provincial organization $500,000 by over the holidays as part of the annual "matching campaign," where Nutrien matches the first half-million dollars raised.
According to O'Connor, the donation will go toward infrastructure like better shelving and refrigerating trucks, programming like cooking classes and community gardens, and higher quality food.
Another grant from the G. Murray and Edna Forbes Foundation Fund for $43,750 was matched through the food banks' holiday campaign with Nutrien, and went directly toward a supply-chain effort to warehouse, sort and pack food to be sent out across Saskatchewan.
PotashCorp was noted for spending one per cent of its earnings on charity, but there is no such goal for Nutrien — yet.
"Those things will need to be worked out at the board level," said Magro
"We don't need a target or a specific number to be a responsible citizen in the community."