Shopify CEO donating $26-million to children’s hospitals through Thistledown Foundation
Shopify Inc. SHOP-T +5.99% increase chief executive officer Tobi Lutke and his wife Fiona McKean said Thursday that they would donate $26million to a Canada-wide network of children’s hospital foundations through their private charitable organization. Thirteen acute-care hospital foundations will receive $2million each, including those of the IWK Health Centre in Halifax, the Children’s Hospital of Eastern Ontario in Ottawa, Toronto’s Hospital for Sick Children, and the BC Children’s Hospital in Vancouver. Ms. McKean and Mr. Lutke worked with two organizations, Canada’s Children’s Hospital Foundations and Children’s Healthcare Canada, to coordinate the new hospital funding. The gift, they said, is intended to help children affected by the pandemic both directly and indirectly, including those whose access to child development, mental health, and surgical services has been affected by the pressure COVID-19 has put on health care systems. How Shopify’s CEO and his wife pivot...