The Malkins led unassuming lives. Their story is one of devotion — devotion to one another and devotion to community. After serving with distinction in Canada’s signal corps during WWII, Aaron returned to Calgary, opened a clothing store and met Fanny. Together they led their lives with quiet dignity. They shared a deep passion for the continuity of the Jewish people and for Israel.
After providing for family, Aaron opted to establish an endowment fund to carry forth their legacy and perpetuate their commitment to strengthening the Jewish community.
The Malkin bequest stipulated that for the first twenty years of the fund’s existence, the income was to be distributed to ten causes that meant most to them, including Hadassah-Wizo, JNF, Beth Tzedec scholar-in-residence program, Alberta Childrens’ Hospital, veterans of Israeli wars, and post-secondary scholarships to help promising local students get a good start in life. After that time, the income will be disbursed at the discretion of the board, in Fanny and Aaron’s memory, to address community needs.
From 1999 to 2015, the initial bequest of $558,000 disbursed $237,260 in grants and grown to $578,000. What has come from the Malkins’ generosity stands as an example of how an endowment established with the Foundation can turn into a tremendous asset for many communities.
The Aaron and Fanny Malkin Fund exemplifies the Foundation’s steadfast commitment to ensuring its donors philanthropic legacies are perpetuated beyond this lifetime.