Foundation thanks Senators
The foundation said it has "benefited immensely" from its relationship with the Ottawa Senators.
"We have worked closely with the club, its players, alumni, staff, corporate partners and fans as well as the community at large, and together we have made a measurable difference in the lives of children and youth throughout the National Capital Region," its statement said.
The foundation did not provide a reason why it is ending its relationship with the hockey club on Thursday.
"As a first priority, we will look to fulfil our current operational, legal and charitable obligations by July 31, 2020, after which we will focus on the foundation's future," the statement said.
"In the meantime, we thank the Ottawa Senators for 22 years of partnership and the generosity of people and business throughout the region for supporting the work of the foundation resulting in thousands of game-changing opportunities for kids."
Charitable work will continue, Sens say
The foundation has been
criticized in the past by a charity watchdog over the amount of money it raises that actually went to good causes. A 2018 analysis by Charity Intelligence Canada found that only 46 cents of every dollar donated to the Senators Foundation actually makes it to the recipients the organization supports.
The hockey franchise says it wants to broaden the scope of the people it helps with its next charitable venture.
"The Ottawa Senators will continue its support for child and youth empowerment, mental health, and paediatric and palliative care," the team's statement said.
"The club also hopes to broaden and expand its reach to include the scope of aid the foundation provides to include, for example, assistance for victims of domestic abuse and organ transplant educational resources."