Next gen business leaders
raise $360,000 for homeless youth

L to R: Top fundraiser Andrew Ipekian, from Andrew Ipekian Real Estate Group, Event Committee Chair David Armstrong, director, Onex Partners, and Covenant House Toronto Executive Director Bruce Rivers.

TORONTO, ON, April 7, 2017 – More than 65 of the next generation of business and community leaders spent a chilly, damp night outside to raise awareness of youth homelessness and more than $360,000 for youth at Covenant House.

Participants in the 4th annual Covenant House Sleep Out: Next Generation, equipped with only sleeping bags and cardboard got a small glimpse of the hardships youth can face on the street.

For the third year in a row, the seven-member Onex Corporation team, led by Event Chair Dave Armstrong, were the top fundraisers at more than $80,000.

Andrew Ipekian, owner of Andrew Ipekian Real Estate Group, won this year’s individual top fundraiser trophy by raising over $34,000.

“It is tremendously gratifying to see the next generation of leaders getting behind homeless youth and our agency. This kind of support is critical to our ability to provide the support and services our youth need to build better futures,” says Bruce Rivers, Covenant House executive director. “While last night was uncomfortable for the participants, it was only a small glimpse of the hardship homeless kids can face on the street.”

The Next Generation Sleep Out builds on the agency’s hugely successful Executive Sleep Out and together they have raised more than $5 million over the past five years.

Covenant House Toronto is Canada’s largest agency serving at-risk, homeless and trafficked youth – as many as 250 youth daily. The agency provides 24/7 crisis shelter, transitional housing and comprehensive services, including education, counselling, health care, employment assistance, job training and aftercare.

Contact: Michael Sheiner
Associate Manager, Public Relations
(416) 204-7094

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There are 10,000 homeless youth in Toronto each year

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70% of homeless youth are fleeing homes with abuse and neglect

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