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TELUS Friendly Future Foundation Gala raises record $3M to transform lives of underserved youth across Canada with Lionel Richie headlining event

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The funds raised will fuel the TELUS Friendly Future Foundation’s goal of providing more than 500 bursaries and 500 charitable grants this year, in support of thousands of young Canadians facing financial, social and educational barriers

TORONTO, June 22, 2026 /CNW/ – The TELUS Friendly Future Foundation’s Together for Tomorrow Gala raised a record-breaking $3M on June 18, creating new opportunities for underserved youth across Canada through post-secondary bursaries and community programs designed to help them thrive. More than 800 guests gathered for an evening of entertainment and impact, highlighted by an exclusive headline performance by four-time Grammy award winner Lionel Richie. The event was held at the iconic TELUS Centre for Performance and Learning in Toronto and also welcomed TELUS Student Bursary recipients and grant beneficiaries as honoured guests.

Presented by TELUS, the gala brought together hundreds of leaders from Canada’s business, philanthropic, technology, and arts communities. The evening’s generous support will fund the TELUS Student Bursary program and TELUS Community Board Grants, supporting thousands of young Canadians through bursaries, mentorship opportunities and community-based programs that help remove barriers to education, employment and well-being.

The evening builds on the recent announcement of TELUS President and Chief Executive Officer Darren Entwistle and Fiona Entwistle’s landmark $1 million personal donation to the TELUS Friendly Future Foundation. This transformative gift officially launched the Entwistle Technology Bursary, designed to open doors for youth in financial need pursuing post-secondary education in science, math, and technology who are committed to making a positive difference in their communities. The generous donation has inspired further community support, as evidenced by the exceptional fundraising results from last Thursday’s gala.

“When we bring together passionate supporters, business leaders, philanthropists and community partners who are all dedicated to empowering young Canadians to reach their full potential, we are investing in the innovators and changemakers of tomorrow,” said Darren Entwistle, President and CEO, TELUS. “The generosity demonstrated tonight will help remove barriers and create pathways to education for Canada’s next generation of leaders who exemplify a passion for social purpose in their communities! The Together for Tomorrow Gala, and the $3M raised by generous supporters, is a testament to our belief that doing well in business and doing good in our communities are mutually inclusive. Together, we are helping to ensure young people are able to achieve their dreams of a post-secondary education and an opportunity to help shape the future of our communities, our country and our world.”

“Our third annual gala united Canadians from coast to coast who believe in the power of investing in youth,” said Nimmi Kanji, Executive Director, TELUS Friendly Future Foundation. “The funds raised at the gala will directly support our mission to remove barriers and ensure that every young person in Canada, regardless of their circumstances, has the opportunity to reach their full potential. From affordability pressures, mental health challenges and other barriers to accessing education and employment, too many young Canadians face obstacles that can limit their potential. The support generated through our gala will help ensure those barriers do not define their future. This evening demonstrates Canada’s unwavering commitment to unlocking their potential.”

“Canadians came together to raise a record amount for youth at a time when affordability, mental health and educational barriers are making it harder than ever for young people to succeed,” said Juggy Sihota, Chair, TELUS Friendly Future Foundation. “I’m deeply inspired by the support and participation from our business leaders, philanthropists and community partners who believe that investing in youth is investing in Canada’s future. The money raised at the gala will create lasting pathways for underserved young Canadians to break down barriers of entry, pursue their dreams and become the changemakers our country needs.”

Building on the success of the first two galas, this year’s third annual event brings the three-year total to over $8.1M. This achievement reinforces the Foundation’s position as Canada’s preeminent corporate foundation dedicated to youth empowerment. Since inception, the TELUS Friendly Future Foundation and TELUS Community Boards across Canada have provided $140 million to support youth. In 2025 alone, the Foundation exceeded $10 million in awarded TELUS Student Bursaries and Community Board grants.

Since 2000, TELUS and its team members have contributed more than $1.85 billion in cash, in-kind contributions, time and programs and volunteered 2.5 million days to support communities around the world.

The Foundation extends sincere gratitude to presenting sponsor TELUS, and all donors, sponsors and partners who made this remarkable event possible, including:

Luminary Sponsor: Darren & Fiona EntwistleTrailblazer Sponsor: RBC Capital MarketsInnovator Sponsors: AECON, Asurion, Amazon, BGIS, CIBC, Garofalo Family Foundation, Google Cloud, Ledcor, National Bank, Samsung, The&Partnership, TD Securities, WestJetActivation sponsors: AFL, Amdocs, BMO Capital Markets

Every young person deserves the chance to reach their full potential. To support the TELUS Friendly Future Foundation’s mission of helping underserved youth across Canada access education, opportunity and brighter futures, visit friendlyfuture.com/donate. For organizations, foundations, and philanthropists interested in creating lasting impact through named bursary opportunities or strategic partnerships, please contact Louise Malhotra at lmalhotra@friendlyfuture.com.

A sustainable legacy through TELUS Shares

Following the May 4 announcement of a landmark $1 million personal donation from Darren and Fiona Entwistle, TELUS Corporation (“TELUS”) and the TELUS Friendly Future Foundation are providing further details regarding the long-term investment strategy for the gift. The TELUS Friendly Future Foundation intends to sell donated securities it has received from Darren and Fiona Entwistle and use the resulting proceeds – as well as an additional cash donation – to purchase common shares of TELUS (“TELUS Shares”) as part of its investment strategy, in keeping with the request from Mr. Entwistle. The TELUS Friendly Future Foundation also intends to use the dividends generated from these shares as a source of funding for the newly created Entwistle Technology Bursary.

Acquisition of TELUS Shares

The TELUS Friendly Future Foundation intends to purchase TELUS Shares with an aggregate value of approximately $1,050,000 CAD through purchases on the New York Stock Exchange, in compliance with applicable U.S. securities laws. The number of TELUS Shares is not known at this time. The number of TELUS Shares actually acquired will depend on the net proceeds obtained from the sale of donated securities, the prevailing market price of the TELUS Shares and applicable foreign exchange rates at the time purchases are made. Purchases are expected to commence after June 29. The purchases are being made solely to fulfill Mr. Entwistle’s request to establish a long-term restricted fund for the TELUS Friendly Future Foundation’s charitable purposes. As a result of the relationship between the TELUS Friendly Future Foundation and TELUS, the purchases represent an indirect issuer bid and will be made in reliance on an exemption from the formal requirements applicable to issuer bids under applicable Canadian securities laws.

Caution regarding Forward-Looking Statements

This news release contains statements about future events and plans that are forward-looking, including statements relating to the TELUS Friendly Future Foundation’s intention to purchase TELUS shares and to use dividends from the TELUS shares as a source of funding for bursaries. These forward-looking statements are made based on a number of assumptions about the availability of TELUS shares for purchase, the trading price of those shares at the time of purchase, and the expectations regarding dividends that the TELUS board of directors may declare in the future. Decisions regarding dividends on TELUS shares are made by the TELUS board of directors, based on the Board’s assessment of a number of factors on a quarterly basis, including TELUS’ financial situation and outlook. These are subject to risks described in detail in TELUS’ 2025 annual Management’s discussion and analysis (MD&A) and first quarter 2026 MD&A, which are incorporated by reference herein, and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at sedarplus.ca) and in the United States (on EDGAR at sec.gov). Readers are cautioned not to place undue reliance on forward-looking statements as there is significant risk that actual results may vary materially.  These statements are made pursuant to the “safe harbour” provisions of applicable securities laws in Canada and the United States Private Securities Litigation Reform Act of 1995. Except as required by law, TELUS disclaims any intention or obligation to update or revise forward-looking statements.

About the TELUS Friendly Future Foundation

The TELUS Friendly Future Foundation is driven by the conviction that every young person deserves the chance to reach their full potential.

As a Canadian registered charity and part of a larger global movement, we’re turning that belief into action. Since 2005, the Foundation and TELUS Community Boards have contributed $150 million in funding to over 11,000 charitable initiatives in Canada and around the world, helping to make the future friendly for millions of youth. In Canada, we have provided $140M in grants, and since launch of the TELUS Student Bursary program in 2023, we have also awarded 2,000 bursaries and counting, worth over $6 million, to deserving students nationwide, helping to ensure that every young person in Canada who wants a post-secondary education will get one.

Every year, we empower underserved youth, helping them build the skills, confidence, and lasting sense of belonging they need to thrive by funding over 500 grassroots charities and awarding over 500 bursaries. In 2025 alone, our Canadian impact exceeded $10 million in grants and TELUS Student Bursaries, directly supporting critical youth-focused health and education programs and empowering the next generation of changemakers to pursue their post-secondary dreams.

For more information on the TELUS Friendly Future Foundation, please visit friendlyfuture.com or follow @FriendlyFutureFoundation on Instagram and LinkedIn.

About TELUS

TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company operating in more than 45 countries and generating over $20 billion in annual revenue with more than 17 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. TELUS Health is enhancing approximately 170 million lives across 200 countries and territories through innovative preventive medicine and well-being technologies. TELUS Agriculture & Consumer Goods utilizes digital technologies and data insights to optimize the connection between producers and consumers. TELUS Digital specializes in digital customer experiences and future-focused digital transformations that deliver value for their global clients. Guided by our enduring ‘give where we live’ philosophy, TELUS continues to invest in initiatives that support education, health and community well-being. In 2023, we launched the TELUS Student Bursary, which strives to ensure that every young person in Canada who wants a postsecondary education has the opportunity to pursue one. To date, the program has distributed over $6 million in bursaries to 2,000 students and counting. Since 2000, TELUS, our team members and retirees have contributed $1.85 billion in cash, in-kind contributions, time and programs, including 2.5 million days of service–earning TELUS the distinction of the world’s most giving company.

For more information, visit telus.com or follow @Darren_Entwistle on Instagram.

For more information, please contact:

Camille Grenier
TELUS Media Relations
camille.grenier@telus.com

SOURCE TELUS Communications Inc.

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Heidrick & Struggles Strengthens Board with Appointment of AI and Talent Leaders Aseem Datar and Leanne Wood

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New Appointments Bring Strategic Expertise to Support Firm’s Next Chapter of Growth

CHICAGO, June 22, 2026 /PRNewswire/ — Heidrick & Struggles today announced the appointments of Aseem Datar, Corporate Vice President, AI Platform and Quantum at Microsoft, and Leanne Wood, former Chief Human Resources Officer at Vodafone, to the firm’s Board of Managers, the company’s governing body. The appointments follow the recent designation of Tom Monahan, who continues to serve as Chief Executive Officer of Heidrick & Struggles, as Vice Chairman of the Board, alongside the appointment of Tom Murray, President of Heidrick & Struggles, to the Board. Together, these appointments further strengthen the Board’s expertise across technology, leadership, talent, and organizational transformation as the firm enters its next phase of growth as a private company.

Datar and Wood bring significant expertise across technology innovation, leadership, organizational transformation, and global business strategy as Heidrick & Struggles continues advancing its long-term growth strategy and leadership advisory capabilities worldwide.

“We are delighted to welcome Aseem and Leanne to our Board of Managers,” said Tom Monahan, Chief Executive Officer and Vice Chairman of the Board of Heidrick & Struggles. “Our Board’s expertise reflects some of the most consequential forces shaping the future of leadership and business today. Aseem’s experience at the forefront of AI innovation and enterprise technology, combined with Leanne’s distinguished leadership across talent, culture, and organizational transformation, will provide invaluable perspectives as we continue investing in innovation and helping clients navigate increasingly complex leadership challenges around the world.”

Datar is Corporate Vice President, AI Platform and Quantum at Microsoft, where he leads the company’s strategy and execution across advanced AI and next-generation computing. Over more than two decades at Microsoft, he has scaled some of its most significant businesses, holding senior leadership roles in business and product strategy, operations, and cloud and AI platform growth — including as Chief Operating Officer for Microsoft Azure. He also brings experience working with emerging technology and venture-backed companies through his time at Madrona Venture Group.

Wood is an accomplished global business and board leader with extensive experience across talent strategy, organizational transformation, and corporate governance. Most recently, she served as Chief Human Resources Officer at Vodafone, where she led global people and organizational transformation initiatives across more than 100,000 employees and operations spanning Europe and Africa. Her experience also includes global senior leadership roles at Burberry and Diageo, where she helped guide complex business transformation, leadership succession, and culture initiatives. She also brings prior board experience, having served as Chair of Vodafone Shared Operations Limited and as a Non-Executive Director at Compass Group and Vodacom Africa.

“As Heidrick & Struggles continues building on its strong market position following the recent transition to private ownership, attracting world-class leaders to our Board remains a critical priority,” said Carmine Di Sibio, Chairman of the Board of Heidrick & Struggles. “Aseem and Leanne each bring highly relevant experience across technology innovation, talent leadership, and organizational transformation that will help guide the firm as it continues investing in innovation and delivering exceptional value for clients globally.”

Following the company’s take-private transaction led by Advent International, Corvex Private Equity, and a global network of strategic investors in late 2025, Heidrick’s Board of Managers reflects a combination of firm leadership and investor representation alongside independent business leaders. The Board is chaired by Carmine Di Sibio, Operating Partner at Advent International and Former Global Chair and CEO of EY. Tom Monahan, Chief Executive Officer of Heidrick & Struggles, was recently appointed Vice Chairman of the Board, and Tom Murray, President of Heidrick & Struggles, was recently appointed to the Board. Additional Board members include Joe Costa, Managing Partner of Corvex Private Equity; John DiCola, Managing Director at Advent; Mark Dirzulaitis, Director at Advent; and Chris Satti, President of Salem Capital Management. Chris Egan, Managing Partner at Advent, and Paul Yun, Managing Director at Mousse Partners, serve as Board observers.

About Heidrick & Struggles 
Heidrick & Struggles is the world’s foremost advisor on executive leadership, driving superior client performance through premier human capital leadership advisory services. For more than 70 years, we have delivered value for our clients by leveraging unrivaled expertise to help organizations discover and enable outstanding leaders and teams. Learn more at www.heidrick.com.

Media Contact
Bianca Wilson
Global Director, Public Relations
Heidrick & Struggles 
bwilson@heidrick.com 

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Chainguard Named a Leader in Inaugural Gartner® Magic Quadrant™ for Software Supply Chain Security

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Chainguard positioned furthest right for Completeness of Vision among all vendors evaluated

KIRKLAND, Wash., June 22, 2026 /PRNewswire/ — Chainguard, the trusted source for open source, today announced it has been named a Leader in the inaugural Gartner® Magic Quadrant™ for Software Supply Chain Security. Chainguard is positioned furthest right for Completeness of Vision among all vendors evaluated. Chainguard has made secure-by-default the standard for software supply chain security, delivering open source that’s secure and ready for production.

As AI-assisted development accelerates and attackers exploit new vulnerabilities in a matter of minutes, organizations can no longer rely on scanning artifacts after the fact. Prevention is the only solution. Chainguard’s platform has grown to cover more than 2,500 container projects and millions of language library versions, as well as virtual machines, CI/CD workflows, agent skills, and OS packages. Chainguard Factory, which has processed more than 1 billion unique build manifests to date, is the agentic engine that enables the company to scale to tens of thousands of packages, remediate CVEs within hours rather than days, and deliver security at industry-leading velocity.

“The software supply chain threat landscape is changing faster than traditional security tools were designed to handle. AI is only widening that gap, giving attackers new ways to find and exploit vulnerabilities before most teams even know they exist. We believe the Gartner recognition of Software Supply Chain Security as a category is a critical step in helping organizations understand the threat they’re up against, and what it takes to stay ahead of it,” said Patrick Donahue, Senior Vice President of Product, Chainguard. “Chainguard builds your supply chain from the ground up, with trusted source, hardened artifacts, secured pipelines, and clean provenance by default. Prevention is the only viable strategy for this new AI era, and Chainguard was built for this moment.”

Securing the software supply chain from source to production

The software supply chain has become the most consequential attack surface in modern infrastructure. Malware campaigns have targeted language libraries, CI/CD pipelines, and AI coding tools, while AI models are accelerating the discovery and exploitation of vulnerabilities faster than traditional remediation workflows can respond. Chainguard addresses this across every layer of the stack.

Chainguard’s catalog of trusted open source is continuously rebuilt from verified source code in an isolated environment through the Chainguard Factory. Chainguard Libraries are malware-resistant, Chainguard Containers ship with zero known CVEs, and Chainguard Actions and Agent Skills leverage hardening rulesets to continuously assess the security posture of critical AI and CI/CD open source artifacts. All artifacts come with cryptographic signatures, signed SBOMs, and SLSA L3-aligned provenance, so engineers have confidence in what they are running in production, and security teams have the compliance evidence to match.

By delivering container images with near-zero known CVEs, Chainguard eliminates vulnerability noise before it ever reaches customer pipelines, so security teams spend less time triaging alerts and more time mitigating risks that actually matter. Chainguard’s preventive foundation helps organizations meet regulatory mandates such as FedRAMP, the NIS2 Directive, and the EU CRA without relying on reactive security management.

To learn more about Chainguard’s recognition as a Leader in the 2026 Gartner Magic Quadrant for Software Supply Chain Security report and read a complimentary copy, visit https://get.chainguard.dev/gartnermq2026.

Gartner Disclaimer
Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

Gartner and Magic Quadrant are a trademark of Gartner, Inc., and/or its affiliates.

About Chainguard
Chainguard is the trust layer for open source software. Its solutions provide engineers and AI agents with the hardened, trusted, and production-ready artifacts they rely on, so organizations can build fast while staying compliant and protecting against AI supply chain attacks. Customers include Fortune 500 enterprises and global industry leaders, including Anduril, Canva, Fortinet, Hewlett Packard Enterprise, OpenAI, Snap Inc., and Snowflake. Chainguard is venture-backed by leading investors, including Amplify, IVP, Kleiner Perkins, Lightspeed Venture Partners, Mantis VC, Redpoint Ventures, Sequoia Capital, and Spark Capital. For more information, visit: https://www.chainguard.dev/

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SOURCE Chainguard

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In HelloNation, Wealth Advisor Matt Cuplin Explains How Taxes Affect Retirement Income

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The article examines how taxes can affect retirement income from multiple sources long after employment ends.

MADISON, Wis., June 22, 2026 /PRNewswire/ — How can taxes affect the retirement income you’ve worked years to build?

HelloNation has published an article that provides the answer by explaining how different income sources may be taxed during retirement and why those tax consequences deserve careful attention.

The article features insights from Matt Cuplin of Midwest Financial Group and explains why taxation is often an overlooked part of retirement planning. While many people spend decades building savings and investments, the article notes that understanding how retirement income is taxed can be just as important as accumulating assets.

The HelloNation article explains that one of the most common sources of retirement income comes from retirement accounts. Traditional retirement accounts often provide tax advantages during working years, but retirement account withdrawals may be subject to ordinary income taxes after retirement. According to the article, many retirees are surprised by how retirement account withdrawals can influence their overall taxable income and spending power.

Another important source of retirement income discussed in the article is Social Security benefits. While some retirees assume Social Security benefits are always tax-free, the article explains that a portion of Social Security benefits may be taxable depending on income levels and individual circumstances. Because Social Security benefits often work alongside other income sources, understanding their role within a broader tax strategy is essential.

The article also highlights the importance of investment income. Retirement income may include interest, dividends, capital gains, and earnings generated from taxable accounts. Unlike retirement account withdrawals, investment income may be taxed under different rules. Understanding how investment income affects taxable income can help retirees gain a more complete view of their financial situation.

According to the article, the challenge for many retirees is that multiple income sources often work together. A retiree may receive Social Security benefits, take distributions from retirement accounts, and generate investment income simultaneously. Each source can affect taxable income differently, making tax planning an important component of effective retirement planning.

The article emphasizes that tax planning does not end when employment income stops. In many cases, retirement introduces new tax considerations that did not exist during working years. Required distributions, evolving financial goals, and changing income streams can all influence retirement income and future tax obligations.

Another key point discussed in the article is the importance of evaluating long-term outcomes. Retirement often lasts for decades, and decisions made early can affect future retirement income and tax consequences. Incorporating tax planning into retirement planning allows individuals to better understand how current decisions may influence future financial flexibility.

The article also notes that many retirees focus primarily on how much income they expect to receive rather than how much may remain after taxes. A retirement income strategy that appears sufficient before taxes can look very different once taxable income and tax liabilities are considered. Evaluating these factors together can provide a more realistic understanding of available spending power.

According to the article, every retiree’s situation is unique. Account balances, filing status, retirement accounts, investment holdings, and income sources can all affect taxable income differently. Understanding how each component contributes to retirement income helps support more informed decision-making.

The article concludes that careful attention to retirement income, retirement account withdrawals, Social Security benefits, and investment income can help retirees avoid unexpected tax surprises. By making tax planning a consistent part of retirement planning, individuals can gain greater clarity about taxable income and build a stronger foundation for long-term financial confidence.

The Hidden Tax Risks of Retirement Income features insights from Matt Cuplin, Wealth Advisor of Madison, WI, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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