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Malaviya Foundation to reward Canadian medallists at Milano

This comes after the foundation's $1.225M donation in 2021 to celebrate Team Canada medallists from the Tokyo 2020 and Beijing 2022 Olympic and Paralympic Games.

 Medallists at Milano Medallists at Milano / olympic.ca

All podium finish Canadian Olympians and Paralympians for the 2026 Milano Games will receive cash incentives worth Can $620000 thanks to Malaviya Foundation.

In all 105 athletes will benefit from the Malaviya Foundation gesture. The Foundation is the brainchild of a Canadian family of Indian descent.

All Canadian Olympians and Paralympians with a podium finish are entitled to a cash incentive of Can $ 5000 each.

Also Read: Malaviya Foundation felicitates Canadian Olympic medalists

The Team Canada Podium Awards were established by the Malaviya Foundation, following its $1.225 million donation in 2021 to the Canadian Olympic Foundation and the Paralympic Foundation of Canada to celebrate Team Canada medallists from the Tokyo 2020 and Beijing 2022 Olympic and Paralympic Games. Additionally, the Malaviya Foundation later committed upwards of $1.29 million to support Team Canada athletes through Paris 2024 and Milano Cortina 2026.

“When I watch Team Canada, I see the years of dedication, resilience, and sacrifice behind every performance. To be able to support these remarkable Olympic and Paralympic athletes – especially as they reach the podium – is deeply meaningful to me. Canadian athletes are so inspiring, and it’s a privilege to stand behind them and celebrate their incredible achievements,” said Sanjay Malaviya, of the Malaviya Foundation.

In addition to the Team Canada Podium Awards, Olympic and Paralympic medallists also receive funding from the Canadian Olympic Committee’s Athlete Excellence Fund and the Paralympic Foundation of Canada’s Paralympic Performance Recognition program, which was established in part by a $4 million dollar gift from the Malaviya Foundation in January 2024. 

“Thank you to the Malaviya Foundation for its continued leadership and generosity, and for its ongoing commitment to championing Canadian athletes and Canadian sport. The Team Canada Podium Awards mean so much to the athletes whose performances in Milano Cortina captivated, united, and inspired the entire country. We hope this gift continues to inspire Canadians to support Team Canada in the years ahead,” said Jacquie Ryan, the Chief Executive Officer of the Canadian Olympic Foundation and Chief Brand and Commercial Officer of the Canadian Olympic Committee.

“Through their continued support, the Malaviya Foundation has played a critical role in broadening access and advancing equity for Paralympic athletes to reach their full potential. This commitment meaningfully strengthens the pathway for Paralympic athletes to pursue excellence at the highest level. We are deeply appreciative of the Malaviya Foundation’s leadership and the lasting impact of their generosity,” said Scott Sandison, Executive Director of the Paralympic Foundation of Canada.

 

Discover more at New India Abroad.

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