Meet Sanjib Choudhuri
A Journey from an Immigrant to Inspired Philanthropist
Sanjib Choudhuri’s story began in 1970 when he arrived in Canada from India with aspirations of post-graduate studies and a new life. After two decades in Toronto, a career shift led Sanjib and his family to settle in Mississauga in the early 1990s, which he has proudly called home for the past 35 years. While Sanjib had included philanthropic contributions in his estate plan for educational and medical causes, his heart was set on supporting Mississauga—the community his family chose as their own.
Shortly after his retirement, Sanjib’s neighbour introduced him to Bonnie Yagar, then Chair of The Community Foundation of Mississauga (now The Mississauga Foundation). Through Bonnie’s inspiring vision and leadership, Sanjib was captivated by the foundation’s mission, seeing it as the perfect opportunity to give back to the community that had given his family so much.
Sanjib began with an unrestricted fund, offering the flexibility to support the foundation’s immediate priorities. Later, he directed support specifically to the Smart and Caring Children and Youth Fund, recognizing the profound impact it has on Mississauga’s young people. Sanjib highlights the tax-efficient strategy of donating appreciated securities, especially those with significant capital gains. By transferring these assets directly, he avoids capital gains tax, allowing him to direct more resources to his chosen causes. This approach maximizes his giving impact while offering substantial tax savings, reinforcing his commitment to meaningful philanthropy in a financially savvy way.
“It has been extremely gratifying,” Sanjib reflects, “to see the wide range of initiatives that The Mississauga Foundation has supported under the banner of The Smart and Caring Children and Youth Fund.”
Donate now to support the fund that provides targeted educational, social, and practical assistance to Mississauga’s most vulnerable children across all neighborhoods. Together, we can continue to uplift and empower the next generation.
Learn more here about donating Appreciated Securities and how you can be tax-efficient while driving community change.
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