Fred Fountain

Fred S. Fountain
Born Frederick Sheldon Fountain
Truro, Nova Scotia
Nationality Canadian
Occupation Lawyer, businessman
Known for philanthropy

Frederick Sheldon Fountain CM is a Canadian lawyer, businessman and philanthropist. He was the chancellor of Dalhousie University from 2008 to 2015.[1][2]

Early life and education

Born in Truro, Nova Scotia, son of Sheldon Leroy and Marjorie (Manning) Fountain,[3] he graduated from King's-Edgehill School and then went on to Dartmouth College where he graduated with a Bachelor of Arts in French, and then graduated from Dalhousie University in 1974 with a Bachelor of Laws degree.

Career

He was a founding partner of a Halifax law firm, Franklin Fountain Mitton and Thompson (later Burke Thompson)[4] and a judge of the Regional Assessment Appeal Court from 1980 to 1989. He has been the Chief Executive Officer of "Great Eastern Corporation Ltd" since 1985. The company is an asset management firm[2] that was founded in 1941 by his grandfather Fred Manning.[5] By 2009, after a brief period during which he took the company public, it had estimated assets of $102 million.[6]

Philanthropy

For his philanthropy, especially in the field of the arts, Fountain was invested with the award of Member of the Order of Canada by then Governor General of Canada Michaëlle Jean on June 18, 2010.[7] In May 2013, he donated $10 million to Dalhousie University's to establish a performing arts school.[8] He had previously made important donations to the Neptune Theatre and Symphony Nova Scotia.[9]

In 2014, it was announced that he and his wife Elizabeth had donated $3 million to NSCAD University, one of the largest endowments ever for that institution. The downtown Granville campus will be named the Fountain Campus in recognition of their gift.[10]

His term as Chancellor was extended from June 2014 to March 31, 2015[11] and his successor was Anne McLellan (May 25, 2015).[12]

References

  1. "Senior Administration page". Dalhousie University. Dalhousie University. Retrieved 28 July 2014.
  2. 1 2 "Biography - Fred S. Fountain". Canadian Red Cross. Retrieved 29 October 2011.
  3. "In Memory of Sheldon L. Fountain". First Baptist Church Halifax. www.forministry.com. Retrieved 15 May 2013.
  4. "Company history". Burke Thompson. Burke Thompson. Retrieved 15 May 2013.
  5. Fountain, Fred S. (13 March 2009) [18 May 2007]. "Sheldon Leroy Fountain". Globe and Mail. Retrieved 15 May 2013.
  6. "Company Summary: Great Eastern Corporation Limited (The)". InfoVenture. TSX Inc., a wholly owned subsidiary of TMX Group Inc. Retrieved 15 May 2013.
  7. "Governor General to Invest 45 Recipients into the Order of Canada". Government of Canada. June 16, 2010. Retrieved 29 October 2011.
  8. Bernard, Elisa (14 May 2013). "$10 million donation will establish Dal performing arts school". Chronicle Herald. Retrieved 15 May 2013.
  9. "$10M donation starts Dalhousie performance arts school". CBC News. 14 May 2013. Retrieved 15 May 2013.
  10. "NSCAD University receives $3 million from Fountain family: Most of the donation is likely to go to building renovations". CBC News. Canadian Press. Jul 9, 2014. Retrieved 28 July 2014.
  11. "People on the Move". Association of Universities and Colleges of Canada. University Affairs. 2014. Retrieved 28 July 2014.
  12. Staff, Ex-deputy PM named Dalhousie chancellor, Chronicle Herald, February 25, 2015
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