Canadian business leader and philanthropist Richard Ivey dies at 94
Richard Ivey, a towering London business figure and philanthropist, died in Toronto on Saturday.
Ivey was 94, his family announced in a death notice Monday.
One half of a dynamic philanthropy duo with his late wife Beryl Ivey, who died at 82 in 2007, Ivey was a lawyer and businessman and longtime partner in his father’s firm, Ivey and Dowler. He also served as president and chair of Allpak Products, a family holding company for businesses mainly in the packaging industry in North America and Europe.
Among his many honours, Ivey was made a Companion of the Order of Canada in 2000.
In 1947, he and his father incorporated the Ivey Foundation. Many organizations in London and beyond would benefit from the family’s giving, including Western University and the London Health Sciences Centre,
“It is the fifth oldest private foundation in Canada, making charitable grants of $100 million since its inception,” his obituary says.
Born in London, Ivey graduated with an honours in business administration degree from Western, whose business school now bears the Ivey name, and a law degree from Osgoode Hall in Toronto.
He and Beryl were married for 58 years and had four children.
Ivey served as director of the Ivey Foundation for 50 years and president for 30, with he and his late wife passing control of the foundation to their children in 1997. The couple moved to Toronto not long before Beryl died.
Ivey chaired the board and served as chancellor of Western and in governance roles with organizations ranging from St. Joseph’s Hospital in London, now St. Joseph’s Health Care London, to the Robarts Research Institute in London, the Royal Ontario Museum and several major wildlife and environmental groups.
A private family funeral is planned this week, with celebrations of Ivey’s life to be held at a later date in Toronto and London.