As major contributors to the economy, Hartland Molson and his brother Thomas Henry Pentland Molson gave back by creating the Molson Foundation in 1958, which awarded annual grants for outstanding achievement in the arts by Canadian citizens (renamed the Molson Family Foundation in 1981). The
Thomas Henry Pentland Molson Prize for the Arts is awarded by
The Canada Council for the Arts annually to distinguished individuals in the arts and the social sciences and humanities, and is intended to encourage continuing contribution to the cultural and intellectual heritage of Canada. The Thomas Henry Pentland Prize for general excellence is awarded annually at
Selwyn House School, which he attended in 1911. The Thomas Henry Pentland Molson Family Scholarship is awarded annually by the
Lester B. Pearson United World College of the Pacific.
William,
Thomas and John Molson Jr. provided
McGill University's first endowed chair, the Molson Chair in English Language and Literature, currently held by
Maggie Kilgour. In addition, in 1860, William Molson donated Molson Hall, the west wing of the university's Arts Building. Later generations of the Molson family provided funds to expand the university's medical buildings, as well as a gift of land for the Redpath Library. The university's
Percival Molson Memorial Stadium is named in honour of
Percival Molson, who was killed during World War I and left $75,000 in his will to help pay most of the total costs of constructing the stadium. In 2005, the Molson Family Foundation donated the Hartland Molson Hall at
Bishop's College School and the building is named for Senator
Hartland Molson, where many Molson family members attended school. The Molson Family Foundation, together with several members of the family, contributed the major part of the funds required for the construction of the Molson Fine Arts Building at
Bishop's University. The building bears witness to the interest of members of the Molson family in the welfare of Bishop's University, over a period of more than 60 years: Walter Molson, Trustee 1928–1951, John H. Molson, President of Corporation 1947–1966, J. David Molson, Trustee 1965–1968, William M. Molson, Trustee 1968–1976, Eric H. Molson, Trustee 1976–1984. ==Notable members of the Molson family==