Building Bridges: Malcolm Burrows on Transforming Family Legacy Through Philanthropy

In this episode, Matt Knight sits down with Malcolm Burrows, founder and executive director of Aqueduct Foundation, Canada's 13th largest foundation with over a billion dollars in assets and $900 million granted to charities across Canada.Malcolm shares his 35-year journey in philanthropy, from his early days at the University of Toronto to his current role helping business families transform wealth into purpose. With remarkable candour, he reveals how philanthropy is a powerful expression of family values while addressing practical wealth transition challenges.Throughout the conversation, three powerful insights emerge:How business families can strategically structure their giving through private foundations, donor-advised funds, or corporate foundationsThe importance of creating governance structures that provide autonomy while fostering family collaborationWhy philanthropy should complement family business governance rather than being seen as a magic solution for family harmonyFor family business leaders concerned about declining charitable giving trends across Canada, this episode offers practical wisdom on structuring philanthropy to sustain legacy while embracing necessary change. Malcolm's experience demonstrates that with intentional communication and shared purpose, family enterprises can leverage their unique position to make a significant community impact.Don't miss this thought-provoking conversation that combines heartfelt family business perspective with actionable philanthropic strategies, including how Aqueduct Foundation serves as a "bridge" to help business families transition their wealth into meaningful community impact.Learn more about ABFI at https://abfi.ca/, connect with Matt Knight at [email protected] or LinkedIn https://www.linkedin.com/in/mattknight/. Learn more about Aqueduct Foundation at https://www.scotiawealthmanagement.com/ca/en/home/solutions/aqueduct-foundation.htmlThis video podcast series is proudly produced by the team at Road 55 - located in Edmonton, Alberta. For more information, please visit: www.road55.ca