Board and Committees


Board of Directors

TAF is governed by a 12-member board. Five of these members are City Councillors and seven are citizen members appointed through the City of Toronto’s public appointments process. TAF has been fortunate to have attracted a wide range of experience and expertise to our board, including investment specialists, energy experts and community engagement professionals. The board meets five times a year and board meetings are open to the public (but may include in-camera sessions).

TAF board meeting minutes can be found here.

Chair: Sandra Odendahl

Vice-Chair: Mike Layton, City Councillor

Treasurer: Rob A. Roberti, Principal at Verde Finance

Secretary: Stephen Holyday, City Councillor


  • John Campbell, City Councillor
  • Christin Carmichael Greb, City Councillor
  • Corey Diamond, Partner at Realized Worth
  • Jason S.T. Kotler, Entrepreneur
  • Jacoline Loewen, Director at UBS Bank (Canada) Wealth Management
  • Kimberly Marshall, Vice President, Corporate Services and CFO, IESO
  • Susan McLean, Director, Corporate Development, MaRS
  • Gord Perks, City Councillor

Legal Counsel: Gardiner Roberts
Auditors: Welch, LLP
Two standing committees assist the Board of Directors. The members of each committee are appointed by the board. Minutes for each committee’s meetings are submitted to the board and can be found here.

Grants and Programs Committee

The Grants and Programs Committee directs TAF’s granting and social mobilization efforts, reviews incubation program goals and outcomes and provides strategic advice. We are fortunate to have members with expertise in community engagement, energy efficiency, sustainable buildings, energy policy, and greenhouse gas emissions quantification and community engagement.


  • Corey Diamond (Chair), Partner at Realized Worth
  • Antoine Belaieff, Director, Regional Planning at Metrolinx
  • Lucy Casacia, Vice President, Cities and Infrastructure Projects at Siemens Canada
  • Andrew Dooner, Partner, Strategy at KPMG
  • Deborah Doncaster, President at Earth Day Canada
  • Mike Layton, City Councillor at City of Toronto
  • Sandra Odendahl, Chair, TAF Board of Directors
  • Andre Vallillee, Environment Program Director at Metcalf Foundation

The committee’s responsibilities include:

  • Periodically reviewing TAF’s grants and special project policies and procedures
  • Screening and evaluating grants and program proposals and submitting funding recommendations to the Board of Directors
  • Monitoring the progress of successful grants as well as TAF programs
  • Providing guidance and advice to the board and TAF staff, as required

Investment Committee

The Investment Committee oversees both management of TAF’s endowment and mandate-related investments (loans and equity investments in enterprises that can deliver emission reductions). The committee members have a wealth of investment and legal expertise and provide recommendations to the TAF board on all investment decisions.


  • Rob A. Roberti (Chair), Principal at Verde Finance
  • John Campbell, City Councillor
  • Bill Crossland, President and CEO at Thermal Energy International Inc.
  • Jason Kotler, Entrepreneur
  • Hyewon Kong, Associate Portfolio Manager at AGF Investments Inc.
  • Matthew Z. Leibowitz, Partner at Plazacorp Ventures
  • Jacoline Loewen, Director at UBS Bank (Canada) Wealth Management
  • Graham McBride, Independent Investor and Strategist
  • Bill Tapscott, Managing Director at Era2 Productions Inc.
  • Terry Vaughan, Senior Consultant at Prime Quadrant

The committee’s responsibilities include:

  • Selecting the investment manager(s) and any other agents or advisors needed to prudently manage the endowment
  • Formulating and amending when necessary the Statement of Investment Objectives and Principles (SIOP), with consideration to TAF’s mandate and purpose of advancing solutions to climate change and air pollution, and reviewing the SIOP at least once per year
  • Preparing and maintaining a Prohibited Securities List of companies whose securities cannot be held in the portfolio in keeping with the mandate and beliefs expressed in the SIOP
  • Monitoring the investment manager(s) and any other agents or advisors with respect to investment performance and compliance with the SIOP
  • Reviewing and advising on impact/direct investments and providing recommendations on those investments to the board
  • Providing quarterly reports to the board on the performance of the endowment and any other aspects of asset management, which the Investment Committee deems appropriate or as requested by the board

Upcoming Board & Committee Meetings

  • June 29, 2017, Board of Directors. Details
  • July 20, 2017, Investment Committee.
  • September 8, 2017, Grants and Programs Committee.
  • September 11, 2017, Investment Committee.
  • September 27, 2017, Board of Directors.
  • October 12, 2017, Investment Committee.
  • November 22, 2017, Grants and Programs Committee.
  • November 23, 2017, Investment Committee.
  • December 14, 2017, Board of Directors.

Past meetings:

  • February 11, 2016, Board of Directors. Minutes
  • April 13, 2016, Ad Hoc Endowment Expansion Working Group. Minutes
  • April 28, 2016, Board of Directors. Minutes
  • April 28, 2016, Members of the Toronto Atmospheric Fund – AGM. Minutes
  • May 5, 2016, Investment Committee. Minutes
  • June 2, 2016, Ad Hoc Endowment Expansion Working Group. Minutes.
  • June 2, 2016, Investment Committee. Minutes
  • June 3, 2016, Board of Directors. Minutes
  • June 15, 2016, Grants and Programs Committee. Minutes
  • July 6, 2016, Board of Directors. Minutes
  • July 18, 2016, Board of Directors. Minutes
  • September 8, 2016, Investment Committee. Minutes
  • September 9, 2016, Grants and Programs Committee. Minutes
  • September 29, 2016, Board of Directors. Minutes
  • November 16, 2016, Grants and Programs Committee. Minutes
  • November 17, 2016, Investment Committee. Minutes
  • December 8, 2016, Board of Directors. Minutes
  • January 11, 2017, Grants and Programs Committee. Minutes
  • February 9, 2017, Board of Directors. Minutes
  • March 30, 2017, Investment Committee. Details
  • April 4, 2017, Grants and Programs Committee. Minutes
  • April 21, 2017, Board of Directors. Minutes
  • April 21, 2017, Members of the Toronto Atmospheric Fund – AGM. Minutes
  • May 31, 2017, Grants and Programs Committee. Minutes
  • June 5, 2017, Executive Compensation and HR Committee. Details
  • June 12, 2017, Investment Committee. Minutes