Quote:
Originally Posted by Mr.Coffee
You know, when you put it this way, it really does make Subban's $10MM donation to the Montreal Children's Hospital that much more impressive.
He basically gave away 2 entire years of after tax salary. Not a lot of people would do that. As rich as Subban or not.
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Not that it wasn't an exceptionally generous donation and something more athletes should be doing, but it doesn't really work that way. Most of the $10M is made up of funds from his foundation and other fundraising efforts that he's involved in on the Children's Hospital's behalf. And the amount that he does personally donate (I believe that was in the $1M range) is tax deductible so the government covers about half of it through tax deductions.
Again though, that doesn't take away from how generous his pledge was. Not to mention, his participation in fundraising could easily provide more benefit to the hospital than a straight cash donation would anyway. Subban's involvement has the potential to greatly increase the donor base, many of whom might become repeat donors who can have a long lasting effect well beyond what a one time pledge would provide.