Dream Impact Trust

Dream Impact Trust targets projects that create positive and lasting impacts on communities and the environment, while achieving market returns. The Trust provides investors with access to an exceptional portfolio of real estate development and income properties that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas.

View 2023 Dream Impact Report

Management Team

Meaghan Peloso Chief Financial Officer

Michael J. Cooper Portfolio Manager

Jason Lester Vice Chair, Development

Stephen Cleghorn Director, Portfolio Management

Kim Lefever Director, Investor Relations

Governance

We are committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but also to uphold the spirit of “good corporate governance” and we always strive to communicate in an open, honest and transparent manner.

Trust Board

Karine MacIndoe Member

Dr. Catherine Brownstein Member

Amar Bhalla Chair

Jennifer Lee Koss Member

Robert Goodall Member

GP Board

Karine MacIndoe Member

Dr. Catherine Brownstein Member

Michael J. Cooper Member

Pauline Alimchandani Member

Amar Bhalla Chair

Joanne Ferstman Member

Jennifer Lee Koss Member

Robert Goodall Member

Committees

The Trust Board and GP Board believe that their committees assist in the effective functioning of the Boards and help ensure that the views of Independent Trustees & Directors* are effectively represented.

Independent Trustee or Director

A Trustee or Director that is independent within the meaning of NI 58–101. An Independent Trustee or Director is one who is not an employee or executive officer of Dream and who is free from any direct or indirect relationship which could, in the view of the Board, be reasonably expected to interfere with independent judgment.

Karine MacIndoe Member

Dr. Catherine Brownstein Member

Pauline Alimchandani Member

Amar Bhalla Member

Joanne Ferstman Member

Jennifer Lee Koss Member

Robert Goodall Member

Audit Committee of the Trust Board

The Audit Committee of the Trust Board is responsible for accounting and financial reporting practices and procedures, adequacy of internal accounting and financial reporting controls and procedures, and quality and integrity of financial statements of the Trust.

The full responsibilities of the Audit Committee of the Trust Board are set out in a written charter, which is reviewed annually by the Board. The charter is available for review under the Charters and Policies section.

Applicable law and the Declaration of Trust requires the Board to have an Audit Committee consisting of at least three Trustees, each of whom must be independent and “financially literate” within the meaning of NI 52-110.

Karine MacIndoe Chair

Amar Bhalla Member

Robert Goodall Member

Audit Committee of the GP Board

The Audit Committee of the GP Board is responsible for:

monitoring Dream Impact Master LP’s systems and procedures for financial reporting and internal controls and the performance of the external auditors;
recommending to the GP Board the firm of chartered professional accountants to be nominated for appointment as the external auditor; and
approving the assignment of any non-audit work to be performed by the external auditor.

The full responsibilities of the Audit Committee of the GP Board are set out in a written charter, which is reviewed annually by the Board. The charter is available for review under the Charters and Policies section.

Applicable law requires the GP Board to have an Audit Committee consisting of at least three Directors, each of whom must be independent and “financially literate” within the meaning of NI 52-110.

Karine MacIndoe Chair

Amar Bhalla Member

Joanne Ferstman Member

Robert Goodall Member

Governance, Compensation and Environmental Committee

It is the responsibility of the Governance, Compensation and Environmental Committee, in consultation with the Chair of the GP Board, to:

assess from time to time the size and composition of the GP Board and the committees of the GP Board;
review the effectiveness of the GP Board’s operations and its relations with Dream, as asset manager;
organize an orientation program for new Directors;
assess on not less than an annual basis the performance of the GP Board, the committees of the GP Board and individual Directors;
review from time to time the statement of corporate governance practices;
review the environmental state of any real property investments;
establish policies and procedures to review and monitor the environmental exposure; and
review and recommend on an annual basis the compensation for the Directors.

The full responsibilities of the Governance, Compensation and Environmental Committee are set out in a written charter, which is reviewed annually by the Board. The charter is available for review under the Charters and Policies section.

Karine MacIndoe Member

Dr. Catherine Brownstein Member

Joanne Ferstman Chair

Jennifer Lee Koss Member

Robert Goodall Member

Charters, Policies and Declaration of Trust

The Trust is committed to sound and effective corporate governance. Our goal is to not only meet the requirements established by securities laws and regulators but to also uphold the spirit of ‘good corporate governance.’