The WBCF aims to provide long-term financial support for projects in the areas of social, health, environment, sport, arts, culture and other worthwhile community endeavors. A percentage of the invested income will be granted each year to qualified recipients. The Foundation was formally launched in Fort McMurray on June 8, 2017. The next phase of development is to build the endowment fund so the Foundation can begin granting to support community needs. "As we look back over the 50 years that our company has operated in this area, we’re reminded of what it means to be part of building the community,” said Bruno Francoeur, regional operations executive, Suncor. "Both Suncor and Wood Buffalo have come a long way, and as we’ve expanded operations this community has grown and prospered with us. When we face challenges, we come together and support one another.” *Source: Suncor JULY 2018 | BUSINESS ELITE CANADA 11
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