McGill University in Montreal has announced a C$200 million ($151 million) gift from John and Marcy McCall MacBain to create a scholarship program for outstanding graduate students.
Made in honor of the university's bicentennial and awarded through the McCall MacBain Foundation, the largest single philanthropic gift to a Canadian university will establish the McCall MacBain Scholarships program, providing students pursing a master's or professional degree with full funding to cover tuition and fees, as well as a stipend and mentoring and immersive learning experiences. Built on but not exclusively limited to academic excellence, the first comprehensive, leadership-driven scholarship in the country for master's and professional degree students will support students who are developing expertise in their fields and have a track record of collaborating with others to understand and address important problems and challenges.
While the application for the inaugural class of McCall MacBain Scholars, who will begin their studies in 2021, is open to Canadian students, the program will be expanded to include international students in its third year of operation, with the goal of supporting up to seventy-five students within five years. Recipients will be selected based on a combination of civic engagement, intellectual curiosity, entrepreneurial spirit, academic excellence, and character.
John McCall MacBain graduated from McGill in 1980 with an honors BA in economics and has served as chair of the McGill Principal's International Advisory Board. Previous support from the McCall MacBains and their foundation include a 2013 gift to establish the McCall MacBain Fellowships in the Faculty of Arts.
"As we develop these scholarships and support our scholars, we are looking forward to welcoming promising leaders with entrepreneurial spirit who foster opportunities not only for themselves but for those living in the world around them," said Marcy McCall MacBain.
"As graduates of Canada's publicly funded university system, Marcy and I know first-hand how universities like McGill can reduce social barriers and foster talent at the highest of levels," said John McCall MacBain. "I received my undergraduate degree as a scholarship student from McGill and it truly changed my trajectory. We are confident that with its combination of academic excellence and global reach, McGill is the institution where even more exceptional students can realize the aspirations they have for themselves and the welfare of others."