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15-490: The Inspirit Foundation grew out of the S-VOX Foundation after S-VOX sold its broadcasting assets to ZoomerMedia in 2010. S-VOX was a Canadian non-profit media organization that produced content on spirituality. It operated VisionTV and other related Canadian specialty channels from 1988 to 2010. At the time, Vision TV was the only multi-faith network. After the sale of VisionTV, S-VOX’s board of directors used

30-519: A television system known as Joytv until August 2013 when CIIT was rebranded as "Hope TV" and dropped all non-religious programming. As Joytv, they were licensed as religious television stations that air religious-based programs in addition to other family friendly and entertainment programs. Both were previously owned by S-VOX. They had previously been a part of the Omni Television system, having been previously owned by Trinity Television before

45-518: A video series called "Islamophobia is...". The series deals with the topics of hate crimes against Muslims, Gendered Islamophobia, the role of the mainstream media, and other issues related to Islamophobia in Canada . ZoomerMedia ZoomerMedia Limited is a Canadian media company controlled by Moses Znaimer , the founder of the Citytv network. Originally focusing on properties targeting what

60-547: Is also a form of private placement. They are considered to present lower transaction costs for the issuer than public offerings. Since private placements are not offered to the general public, they are prospectus exempt. Instead, they are issued through Offering Memorandum . Private placements come with a great deal of administration and have normally been sold through financial institutions such as investment banks. New FinTech companies now offer an automated, online process making it easier to reach potential investors and reduce

75-557: The Securities Act of 1933 allow an unlimited number of accredited investors to purchase securities in an offering. Generally, accredited investors are those with a net worth in excess of $ 1 million or annual income exceeding $ 200,000 or $ 300,000 combined with a spouse. Under these exemptions, no more than 35 non-accredited investors may participate in a private placement. In most cases, all investors must have sufficient financial knowledge and experience to be capable of evaluating

90-467: The "ZoomerMedia" group. These included southern Ontario classical music radio stations CFMZ-FM and CFMX-FM ( Classical 96.3 and Classical 103.1 respectively), adult standards station CFZM Toronto ( AM 740 ), and the annual IdeaCity conference. In June 2009, ZoomerMedia Limited announced a deal to acquire the broadcasting assets of S-VOX , which includes conventional stations CHNU-TV and CIIT-TV along with specialty channels VisionTV and One:

105-1001: The Body, Mind & Spirit channel , for $ 25 million. As part of the transaction and a related private placement , Znaimer also merged MZ Media into ZoomerMedia. Following the transactions (which required the approval of minority shareholders and the Canadian Radio-television and Telecommunications Commission (CRTC), Znaimer owns 66% of the combined company, and insurance company Fairfax Financial owns 28%. All of these transactions were completed on June 30, 2010. Later, on September 28, 2010, ZoomerMedia relocated its headquarters to 64 Jefferson Avenue. In 2022, ZoomerMedia began acquiring more youth-focused online properties, including BlogTO and Daily Hive . On February 8, 2024, Bell Media announced that it would sell its Owen Sound adult hits station CJOS-FM to ZoomerMedia. ZoomerMedia's two conventional stations were part of

120-535: The Canadian Association of Retired Persons), of which Znaimer serves as executive director, and publishes Zoomer Magazine (the renamed CARP Magazine). The company also operates several Internet properties including a portal and a social networking site, all targeted to older adult audiences. In addition, Znaimer previously personally owned a variety of other assets through his privately held company, MZ Media, that were also unofficially considered part of

135-1025: The Inspirit Foundation include the United Nations Association in Canada , the Canadian Red Cross , the Indian Residential Schools Truth and Reconciliation Commission , the John Humphrey Centre for Peace and Human Rights , Hot Docs , imagineNATIVE Film + Media Arts Festival , Apathy is Boring , and the Atwater Library in Quebec . On the 4th anniversary of the Quebec Mosque Shooting , Inspirit Foundation along with Noor Culture Center funded

150-600: The Rules known as Regulation D . Different rules under Regulation D provide stipulations for offering a Private Placement, such as required financial criteria for investors or solicitation allowances. Private placements may typically consist of offers of common stock or preferred stock or other forms of membership interests, warrants or promissory notes (including convertible promissory notes), bonds , and purchasers are often institutional investors such as banks , insurance companies or pension funds . Common exemptions from

165-460: The administration. Although these placements are subject to the Securities Act of 1933 , the securities offered do not have to be registered with the Securities and Exchange Commission if the issuance of the securities conforms to an exemption from registrations as set forth in the Securities Act of 1933 and the associated SEC rules put into effect. Most private placements are offered under

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180-499: The company calls "zoomers", or the 45+ demographic, in 2022, the company began expanding the company's target audience by acquiring youth-focused properties BlogTO and Daily Hive . ZoomerMedia was formed in December 2007 following Znaimer's acquisition and merger of Kemur Publishing, publishers of CARP Magazine, and website operator Fifty-Plus.Net International. It provides marketing, membership, and other services to CARP (formerly

195-417: The financial returns earned through the investments to fund granting, programming and operations. The foundation is committed to a 100% impact portfolio, with a goal of activating their full asset base to further the organizational vision. Inspirit has charitable status and is governed by a Board of Directors, with a majority of members at arm's length from one another. Some of the institutions supported by

210-410: The funds to create Inspirit Foundation. Inspirit's vision and mission is focused on building a pluralist Canada. The foundation does this by funding media and arts for social change, supporting the leadership of youth in the media and arts sectors, and investing capital in ways that align with their mission. Inspirit's assets are invested in both public and private investments. The foundation relies on

225-628: The sale to Rogers. Rogers sold the two stations to S-VOX on March 31, 2008. Private placement Private placement (or non-public offering) is a funding round of securities which are sold not through a public offering , but rather through a private offering, mostly to a small number of chosen investors . Generally, these investors include friends and family, accredited investors, and institutional investors. PIPE (Private Investment in Public Equity) deals are one type of private placement. SEDA (Standby Equity Distribution Agreement)

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