2004 - 2005 - Mount Sinai Hospital
Transcription
2004 - 2005 - Mount Sinai Hospital
Mount Sinai Hospital Foundation 2 0 0 4-0 5 Giving is the best medici ne Annual Report Giving is The Best Medicine Throughout our 8o-year history built on outstanding community support, advances in medicine at Mount Sinai Hospital have underscored our leadership role in providing The Best Medicine for our patients. We are fortunate to have donors whose generous philanthropy fuels Hospital initiatives, care, and innovation, improving the quality of life for our patients – whether it’s leadingedge technology, surgery, or research for fighting disease. We are proud to be one of the country’s leading academic health centres, with a well-earned reputation for outstanding patient care, innovative teaching, and pioneering research. Mount Sinai is an acknowledged leader in such areas as gastrointestinal and infectious diseases, orthopaedics, internal medicine, heart and respiratory failure, surgical oncology, women’s and infants’ health, urology, emergency and palliative care, it is a recognized centre for high-incident chronic adult diseases such as arthritis, cancer, heart disease, and diabetes. Our dedicated team of nurses, doctors, scientists, staff, and volunteers are united in their desire to improve the quality of life of our patients. To that end, in the past year, Mount Sinai has: ❖ Treated more than 25,ooo inpatients ❖ Treated another 63o,ooo outpatients ❖ Delivered more than 7,ooo babies ❖ Treated 38,ooo patients in the Emergency Department. Mount Sinai will continue to create The Best Medicine through the advancement of scientific knowledge at our world-renowned Samuel Lunenfeld Research Institute. With over 5oo researchers, investigators, and staff, the Institute ensures that the latest scientific discovery is translated into the best in patient care now and in the future. Mount Sinai Hospital is deeply grateful to all the people whose talent, commitment, and generosity create The Best Medicine. Michael Bregman, Chair, and Carol Wilding, President, Mount Sinai Hospital Foundation Fueling The Best Medicine At Mount Sinai Hospital Foundation, everything is focused on one objective – The Best Medicine, which is not just the name of one the most successful fundraising campaigns in Canadian hospital history. Every day, Mount Sinai’s nurses, physicians, scientists, staff, volunteers, and donors make The Best Medicine a passionate reality. The Best Medicine campaign relies on the extraordinary generosity of our donors and those who facilitate their philanthropy. Consider our results to date: we have now raised more than $ 25o million toward our $ 4oo-million campaign goal. These funds help provide Mount Sinai Hospital with the infrastructure to deliver the best patient care along with ground-breaking medical research. For more than 8o years, Mount Sinai has continuously improved delivery of excellence in patient care. In an era of tight fiscal constraints, the support of our donor community is even more essential in allowing Mount Sinai to pursue its mission. Each and every dollar donated is important and warmly appreciated. We are extremely fortunate that our inspiring donors turn their compassion into action. We pay special tribute to our most generous supporters over the year ended March 3ı, 2oo5: ❖ the Kimel family, long-time donors who contributed once again, with $ 8 million to upgrade our medical imaging department; ❖ Joseph and Wolf Lebovic, who donated an additional $ 6 million to establish the Joseph and Wolf Lebovic Research Centre; ❖ the Ira Gluskin and Maxine Granovsky-Gluskin Charitable Foundation, which provided $3 million to establish the Granovsky-Gluskin Centre for Best Practice in Family Medicine; ❖ Barry and Honey Sherman and Al and Malka Green, who each pledged new $ ı-million donations. Our renowned Samuel Lunenfeld Research Institute (slri) is ranked among the world’s top ten research centres. Here, philanthropy is fueling international research into gene-based disease as well as other areas, including oncology, diabetes, arthritis, orthopaedics, women’s and infants’ health, and gastrointestinal disease. Our scientists receive abundant international acclaim, wonderful testimony to the calibre of research conducted at the slri, which would not be possible without donor support. From the Surgical Skills Centre to the Marvelle Koffler Breast Centre to the new home of the Temmy Latner Centre for Palliative Care, the generosity of our donors is transforming Mount Sinai, and advancing excellence. This report marks a changing of the guard at the Foundation. It is the first report issued under the leadership of new President Carol Wilding and new Foundation Board Chair Edward Sonshine, who carry the mandate and possess the qualifications to lead us to greater heights. It also marks Michael Bregman’s final report with the completion of his three-year term as Board Chair. We view the future with great enthusiasm and confidence. Mount Sinai is a very special and wonderful hospital. It is filled with extraordinary people – clinicians, volunteers, staff, and supporters – who care deeply. They all share the same noble goal of providing patients with The Best Medicine. As this Annual Report pays tribute to the generosity of donors who help make it a reality and a tremendous success, we have titled it, appropriately, Giving is the Best Medicine. We thank you. Michael Bregman Chair, Mount Sinai Hospital Foundation Carol Wilding President, Mount Sinai Hospital Foundation The Best Medicine In ı995, Mount Sinai launched The Best Medicine, an ambitious – and highly successful – fundraising campaign under the visionary leadership of Lawrence Bloomberg. Joining him in leading phase two of the campaign was Michael Bregman and now Ed Sonshine, Chair of the Foundation Board. Today more than $ 25o million has been generated, funding leading-edge research, improved facilities, and innovative programs. The Best Medicine campaign has an ambitious goal to raise a total of $ 4oo million by 2oo8. Edward Sonshine Our donors understand the power of their philanthropy to transform innovative ideas into healthier lives. While government funds the Hospital’s operating budget, it is our donors who provide Mount Sinai funds that allow flexibility and opportunity to innovate, upgrade, and adapt to rapidly changing healthcare delivery. This generosity is the bedrock that supports the best care for our patients – now and in the future. Inside this Report, you will see how the contributions of thousands of people in the Mount Sinai family have enabled our skilled and compassionate caregivers to continue providing our patients with the best medicine. While we can profile only a few individuals who have pledged over the last year, we value every dollar from every donor. Our friends in the community help us fulfill our vision of becoming one of the country’s leading patient care, teaching, and research hospitals. Join us as we thank and pay tribute to those who have helped make Mount Sinai Hospital synonymous with excellence, The Best Medicine. Edward Sonshine, qc Chair, Mount Sinai Hospital Foundation Board of Directors Lawrence Bloomberg Chair, Mount Sinai Hospital Board of Directors The Best Medicine Campaign Cumulative Total ■ 2004-05 reached $250 million By 2008 The Best Medicine campaign has the goal of raising a total of $4oo million 250 2003 launched The Best Medicine campaign Phase II ■ 200 150 2001 raised $150 million ■ 100 1995 launched $100-million The Best Medicine campaign ■ 50 1995 1996 1997 1998 1999 2000 Fiscal Year 2001 2002 2003 2004 2005 Millions of Dollars Lawrence Bloomberg Dr. Larry White (left) and the Kimel Family Seeing Patients in New Ways Something extraordinary is under construction at Mount Sinai – and it is going to improve how our doctors provide care. It is the Kimel Family Centre for Advanced Medical Imaging, a state-of-the-art centre for sophisticated diagnostic and therapeutic techniques. The Centre has been made possible by an exceptional $ 8-million pledge from the Kimel family – Manny and Candice, Ron, Warren and Debbie, and Elkie and Abbie Adler. The Kimel family first contributed to the Hospital in ı988 in honour of their late mother, Eva Kimel, who was a grateful patient at Mount Sinai. Over the years they have supported both Mount Sinai’s Nuclear Medicine and mri facility – so this transformational gift is a generous extension of their continuing interest and commitment. The revitalized facility will not only transform the face of medical imaging, but will revolutionize our doctors’ and technicians’ ability to find, diagnose, and treat disease earlier. This advanced technology, including two updated Magnetic Resonance Imaging (mri) machines and a brand new Computerized Tomography (ct ) scanner, allows physicians like Dr. Larry White to see inside the human body with powerful new tools. These include clearer, sharper images, allowing for faster and more accurate diagnosis and treatment. In addition, this sophisticated equipment will improve patient care through faster turn-around times and improved privacy and comfort. With a state-of-the-art facility like the Kimel Family Centre for Advanced Medical Imaging, we can see our patients in important new ways to provide them with the most effective care, with The Best Medicine. Dr. Tony Pawson with Wolf and Joseph Lebovic Laying the Foundation for Discovery Rising behind Mount Sinai is the impressive Joseph and Wolf Lebovic Research Centre, a building that symbolizes Mount Sinai’s position as a highly respected academic research hospital. Housing a variety of research and clinical centres, this campus was made possible through a transformational $6-million gift from Joseph and Wolf Lebovic, two of the Hospital’s most magnanimous donors. For more than two decades, Mount Sinai has been the grateful recipient of their generosity – a cumulative gift of $ ı6 million. Together with their father, the late Harry Lebovic, Joseph and Wolf founded Lebovic Enterprises in ı953. They hope to inspire others to give. Joseph says, “I really get so much pleasure from giving this money away…people should know giving doesn’t hurt… It’s a good investment.” The Joseph and Wolf Lebovic Research Centre, eloquent testament to their continued support, will house the Toronto Centre for Phenogenomics, a partnership of four Toronto teaching hospitals. This unique facility is dedicated to biological research using mice to determine the genetic basis of disease and cures in humans. This Centre will advance the Hospital’s renowned Samuel Lunenfeld Research Institute, led by the remarkable Dr. Tony Pawson, who this year alone has won three prestigious awards for his innovative genome research, which will ultimately provide solutions on a grand scale. The Lebovics’ generosity will speed the process of genetic discoveries and their application to disease, translating from “bench” to “bedside.” Ultimately, this improves care for our patients, enabling us to offer The Best Medicine. Ira Gluskin and Maxine Granovsky-Gluskin with Dr. David Tannenbaum The Mark of Family Medicine: Relationships Begin Here A key to ensuring your own good health comes from forming a trusted relationship with your family physician. In the case of Ira Gluskin and Maxine GranovskyGluskin, that bond with Dr. Warren Rubenstein led them to pledge $3 million to our Department of Family Medicine – one of the largest and most respected centres of its kind in Canada. “No doctors in Canada are doing this to get rich – especially family doctors,” says Ira. “There’s no prestige associated with family medicine, really, and it’s a real sacrifice for them. They put in a lot of hours and our society will benefit by having more family doctors take care of us.” As devoted philanthropists, both Ira and Maxine are valuable supporters of the Mount Sinai family. Their most recent gift testifies to that commitment, and their belief in the fundamental importance of family-based medical care. The Granovsky-Gluskin Centre for Best Practice in Family Medicine, led by Dr. David Tannenbaum, will be housed in the Joseph and Wolf Lebovic Building. It will bring together Family Health Teams, including research and clinical care, enabling family doctors to apply the latest scientific breakthroughs, at Mount Sinai and elsewhere, to their patients. An exciting model of multidisciplinary care with teams of physicians, nurses, allied health professionals, support staff, and volunteers, the new Granovsky-Gluskin Centre for Best Practice in Family Medicine will be a warm, welcoming environment for all patients and their families, a place where they will receive The Best Medicine. Al Green, Dr. Bernard Zinman, and Malka Green ARMed with Information Two of Toronto’s leading philanthropists and long-time supporters of the Hospital are Al and Malka Green, who have been part of the Mount Sinai family for more than 2o years. Al wanted to make a gift that would benefit diabetes patients. To that end, the Greens’ contribution launched an advanced electronic record keeping system – the Ambulatory Records Management System, known simply as arms – which has already started in the Leadership Sinai Centre for Diabetes. The new arms system gives nurses and physicians, like Dr. Bernard Zinman, Division Head of the Leadership Sinai Centre for Diabetes, immediate access to patients’ entire case histories and medical data. Having such complete and immediate information allows health care providers to focus much more time and energy on their patients. In addition, arms offers co-ordinated booking of lab, imaging, and specialist appointments. For patients with chronic diseases like diabetes, who require multiple medical visits, this advancement means appointments are easily co-ordinated, avoiding undue scheduling stress and encouraging faster access. As a result of the Greens’ latest generous donation, Mount Sinai now stands as a leader in the rapid advancement from a paper-based record system to an easily accessible, computerized database of information. This is just one essential part of providing The Best Medicine. Barry and Honey Sherman with Dr. Edward Keystone Honouring Two Pioneering Doctors It’s a perfect match: two generous donors honouring two pioneering doctors. As strong supporters of research, Barry and Honey Sherman, among Canada’s leading philanthropists, paid tribute to the work and careers of Dr. Allan Gross and Dr. Edward Keystone, two of North America’s leading specialists in orthopaedics and arthritis, respectively, with a $ ı-million gift toward their breakthrough research. Associated with Mount Sinai Hospital for 33 years, Dr. Allan Gross has developed advances in orthopaedic transplantation that are now standard practice in operating rooms around the world. As a pioneer in surgical repair of the hip and bone, Dr. Gross draws patients and surgeons alike from all over the world to learn and benefit from his revolutionary techniques. A visit to Dr. Gross has come to mean an improved quality of life for countless grateful patients. Dr. Edward Keystone is one of the great champions of new treatments for arthritis and other autoimmune diseases. Among many other positions and honours, he is the Chairman of the Canadian Rheumatology Research Consortium, founder of the Arthritis and Autoimmunity Research Centre, and Director of the Rebecca Macdonald Centre for Arthritis and Autoimmune Disease at Mount Sinai Hospital. Advancements in research generated through his work have come to mean an easier, more manageable way of life for thousands of arthritis sufferers. Benefits of the Shermans’ gift and the work of Drs. Gross and Keystone will be felt by patients receiving The Best Medicine in the community, and – given the sharing of medical advances – around the world, for years to come. Auxiliary President Heather Gotlieb and Nurse Janis Manes A Labour of Love Every year, more than 7,ooo babies are born at Mount Sinai, making ours the busiest obstetrics unit in the country. So it shouldn’t be any surprise that North America’s largest hospital Auxiliary has embraced Women’s and Infants’ Health, a cause dear to the hearts of its members. With its $ 6-million pledge recently fulfilled under the leadership of President Heather Gotlieb, the Auxiliary has set an ambitious new goal to raise $3.5 million – and named it, fittingly, Healthy Babies. Proceeds will support nurses like Janis Manes, by providing new fetal monitors and physical improvements for the Neonatal Intensive Care Unit, as well as supporting fetal and neonatal research at the Samuel Lunenfeld Research Institute. These funds will have an enormous impact on the provision of high-quality patient care – in this case, for our youngest, most vulnerable patients – for which Mount Sinai Hospital is known. The Auxiliary is truly the heart of the Mount Sinai family, offering its continued support with enthusiasm, creativity, and dedication to ensure the very best patient care. The Auxiliary, the oldest in Canada, has raised more than $22 million since its inception more than 5o years ago – an achievement built on collective energy and shared vision. Without a doubt, its success will give thousands of high-risk newborns The Best Medicine, and a better chance at a healthy start in life. Dr. Donald Low, Kenny Albert, Dr. Allison McGeer, and Jonathan Pollack. Albert and Pollack are longtime members of Leadership Sinai Leading the Way Leadership Sinai is a respected and energetic member of the Mount Sinai family. A program to attract and engage younger people, both emotionally and financially, Leadership Sinai encourages community leaders and young professionals to get involved in philanthropy and in Mount Sinai. This network of talented, committed men and women represents fresh Mount Sinai leadership, and has produced some of our most influential senior volunteers serving on Boards and Committees. Led by its President, Jordan Sarick, Leadership Sinai raises funds to meet the Hospital’s needs through membership and a lively roster of events ranging from galas to golf tournaments to speakers’ series that mix philanthropy with fun. They know that the very heart of The Best Medicine is a promise to be here when our patients need us most. That’s why Leadership Sinai has committed $ ı million to support Mount Sinai’s Highest Priorities, which will provide the financial capacity to respond to our most urgent healthcare needs, especially in times of crisis. Another ambitious program is helping the Hospital play an increasingly vital role in the struggle against infectious diseases. The Leadership Sinai Centre for Infection Control, headed by Dr. Donald Low and Dr. Allison McGeer, strives to prevent the spread of infectious disease, as well as implementing preventative actions to help keep the community safe. Leadership Sinai is having a wide-reaching and long-lasting impact. While successfully generating support for The Best Medicine, its members’ enthusiasm helps cultivate the newest Mount Sinai leaders. The Best Medicine Campaign April 1,1995 to March 31, 2005 Individuals listed have shown great philanthropic leadership through their generous support of priority initiatives and research at Mount Sinai Hospital and its Samuel Lunenfeld Research Institute, enabling us to continue to provide quality patient care, teaching and research. We extend our heartfelt thanks to the following donors who made pledges and gifts during The Best Medicine campaign (April 1, 1995 to March 31, 2005). The names of those who made a new pledge or donation in 2004-05 appear in bold. Summit Society Founders ($ 5 Million and Up) Guardians’ Circle – Bronze ($ 1 Million to $ 2 Million) Champions ($ 500,000 to $ 999,999) Lawrence S.Bloomberg/National Bank Financial Manuel and Candice Kimel, Ronald Kimel, Abbie and Elkie Adler, Warren and Debbie Kimel Murray and Marvelle Koffler The Joseph and Wolf Lebovic Foundation The Samuel Lunenfeld Charitable Foundation The R. Samuel McLaughlin Foundation Mount Sinai Hospital Auxiliary Gerald Schwartz and Heather Reisman Isadore and Rosalie Sharp Larry and Judy Tanenbaum and Family BMO Financial Group Geoffrey and Laurie Bledin Michael and Yetta Bregman and Family Joseph Burnett Canadian Imperial Bank of Commerce Morey and Jennifer Chaplick The Dan Family Morgan Firestone Foundation Sydney G. Frankfort The Freeman Family Foundation Linda Frum and Howard Sokolowski and Family Ira and Irving Gerstein Abraham and Malka Green Foundation Jay and Barbara Hennick The Jack and Buschie Kamin Foundation Bertha Kerbel Albert and Temmy Latner Family Foundation Jeffrey and Beverly Lipson and Family The Fred A. Litwin Family Foundation MDC Corporation/Miles S. Nadal Nancy Pencer O & Y Properties Inc./Reichmann Family Robert Rubinoff and Family Bernard and Honey Sherman The Sonshine Family Foundation TD Bank Financial Group Mark and Stephanie Valentine Larry and Marla Wasser Jack and Anne Weinbaum Judith Wells The Max and Beatrice Wolfe Charitable Foundation The Ray D. Wolfe Family Anonymous (1) Henry Bernick The Edward M. Bronfman Family Foundation Saul Feldberg The A & B Fogel Foundation The DH Gales Family Charitable Foundation of Toronto Peter and Shelagh Godsoe Estate of Albert Cummings Johnston Estate of Helen Dickson Barclay Harris Estate of James Graham Hunter Janssen-Ortho Inc. Robert Lantos RBC Foundation Kenneth Rotenberg Jeff Rubinoff The Seymour Schulich Foundation The Hedwig Walch Charitable Foundation Windfields Farm Limited Anonymous (1) Guardians’ Circle – Gold ($ 3 Million to $ 5 Million) Estate of Benjamin Herbert Birstein Ira Gluskin and Maxine GranovskyGluskin Charitable Foundation Leadership Sinai Rebecca MacDonald Peter A. Silverman Q.C. Guardians’ Circle – Silver ($ 2 Million to $ 3 Million) David and Stacey Cynamon The Bernard I. Ghert Family Foundation Ellen and Martin Prosserman and Family Sam and Judy Pencer and Family Lionel and Sandra Waldman and Family Scotiabank Anonymous (1) For more information on The Best Medicine campaign, please visit www.mtsinai.on.ca The Best Medicine Campaign 2oo4 – 2oo5 Donations The Foundation gratefully received donations in excess of $ 5,000 from the following donors from April 1, 2004, to March 31, 2005. $ 1,000,000 and up Manuel and Candice Kimel, Ronald Kimel, Abbie and Elkie Adler, Warren and Debbie Kimel The Joseph Lebovic Charitable Foundation The Wolf Lebovic Charitable Foundation $ 500,000 to $ 999,999 Ira Gluskin and Maxine Granovsky-Gluskin The Samuel Lunenfeld Charitable Foundation Robert Rubinoff and Family Anonymous (1) $ 250,000 to $ 499,999 Abraham and Malka Green Foundation Mount Sinai Hospital Auxiliary Jeff Rubinoff Isadore and Rosalie Sharp Bernard and Honey Sherman The Saul A. Silverman Family Foundation Edward and Fran Sonshine $ 100,000 to $ 249,999 Cerner Canada, Ltd. Canadian Imperial Bank of Commerce Cinram International Inc. The Dan Family Foundation D. Morgan Firestone The DH Gales Family Charitable Foundation of Toronto The B.I. Ghert Family Foundation Peter and Shelagh Godsoe Barbara and Jay Hennick Family Fund Hewlett-Packard (Canada) Ltd. IBM Canada Ltd. The Jack and Buschie Kamin Foundation Murray and Marvelle Koffler The Fred A. Litwin Family Foundation Network Appliance Canada Nortel Networks Ellen and Martin Prosserman and Family Purdue Pharma Janet Rossant Jeffrey and Beverly Lipson and Family Larry and Judy Tanenbaum and Family The Waitzer Family Lionel and Sandra Waldman and Family The Jack Weinbaum Family Foundation Windfields Farm Limited $ 50,000 to $ 99,999 Kym Anthony AstraZeneca Canada Inc. ATU Jerry Fund, Inc. Leonard and Felicie Blatt Lawrence and Frances Bloomberg The Edward M. Bronfman Family Foundation Caledon Commonwealth Ltd. Cisco Systems Canada Inc Sabina Citron Datex-Ohmeda (Canada) Inc. C.A. Delaney Capital Management Ltd. Bertrand Gerstein Family Foundation GlaxoSmithKline Inc. George and Kay Goldlist and Family Ned and Anita Goodman and Family Great-West Life, London Life and Canada Life The Miriam and Harold Green Family Foundation The Hanson Family The Henry White Kinnear Foundation The Northern Trust Company, Canada O &Y Foundation for Better Communities O &Y Properties Inc. Pfizer Canada Inc. Philfam Investments Inc. RBC Foundation Barrie Rose and Family Norine Daniels Rose Kenneth Rotenberg The Seymour Schulich Foundation Shandex Group TD Bank Financial Group The Hedwig Walch Charitable Foundation The Whiteoaks Group Anonymous (3) $ 25,000 to $ 49,999 Alliance Atlantis Communications Inc. The Bennett Family Foundation Joseph and Helen Berman Cara Operations Limited Sydney and Florence Cooper Foundation Malka Fingold The Willie and Mildred Fleischer Charitable Foundation Linda Frum and Howard Sokolowski Galin Foundation Charles and Marilyn Gold Family Foundation Robert and Catherine Grundleger The Harweg Foundation Hofstedter Family Charitable Foundation HSBC Bank Canada Janssen-Ortho Inc. The Julius Kuhl Family Foundation Robert Lantos Denis M. Marsh The Tabachnick Foundation Orion Securities Inc. Correen Pacht and Brenda Staroselsky Nancy V. Pencer Richard and Karen Pilosof Thomas and Marjorie Schwartz Scotiabank The Philip Smith Foundation Stryker Canada LP Richard Venn and Carol Mitchell Michael and Lea-Anne Wekerle Welded Tube of Canada Judith Wells The Max and Beatrice Wolfe Charitable Foundation $ 10,000 to $ 24,999 AIM Trimark Investment All Gold Imports Inc. Appel Family Foundation Asia Pacific Lifts (Canada) Ltd. Steven and Rita Banach Geoffrey Bledin/The Equitable Trust Company BMO Fountain of Hope, Employees’ Foundation The Boiler Inspection and Insurance Company of Canada Michael and Yetta Bregman and Family Clairvest Group Inc. Colliers International Coloplast Canada Corporation Florence Cooper Harold Corrigan, C.A. Denton D. Creighton The Best Medicine Campaign 2oo4–2oo5 Donations John H. Daniels Charitable Trust Angela and Stanely Deluce Diamond Court Apartments Morris Diamond Lisa and Philip Draper EJLB Foundation Jack M. Fine Edward and Sylvia Fisch Mark Freedman and Judy L. Jacobs Sandra Gertner Gluckstein Design Planning Inc. Gluskin Sheff & Associates Inc. Goldcastle Investments Limited/ A. Ephraim and Shirley Diamond and Stephen Diamond The Gilbert Goodman Family Foundation Al and Malka Green Nancy Grossman, Lorri Kushnir and Jodi Molson Zelda Hershenhorn and Family Sarah Hisey Nelson Arthur Hyland Foundation Icefloe Technologies Inc. Jay-M Holdings Limited The Henry and Berenice Kaufmann Foundation KBSH Capital Management Israel Koschitzky Family Charitable Foundation Henrietta Kostman Marcia Latowsky The Harry Leikin Family Charitable Foundation Rebecca MacDonald Masonic Foundation of Ontario Mark McCain and Caro MacDonald McCarthy Tetrault Foundation MDI Solutions Merck Frosst Canada Inc. Miele Limited Beatrice and Arthur Minden Foundation Minto Foundation Inc. Florence Minz and Gordon Kirke Nachas Homes Limited Harvey and Barbara Naglie National Bank Financial Inc. Katherine A. B. Newman Neil and Rachel Nisker Osler, Hoskin & Harcourt LLP Donald Philip Owen, Loudon Owen and Family Park’N’Fly Morris and Pearl Perlis Progress Packaging Limited Stephen and Suzie Pustil Carol and Morton Rapp Foundation Rasch Foundation The Cyril and Dorothy, Joel and Jill Reitman Family Foundation Rocky Bay Investments Ltd. Gerry and Caren Ruby Family Foundation Sanofi-Synthelabo Canada Inc. The Oskar Ascher Schmidt Charitable Foundation Barbara Schnurbach Gerald Schwartz and Heather Reisman Sears Canada Inc. Michael and Jackie Shulman John and Marcie Suske The Wayne Tanenbaum Charitable Foundation Kenneth M. and Jennifer Tanenbaum and Family N.A. Taylor Foundation Tenet Computer Group John G. Weir Alan G. Wigston Guy Wigston Burton and Marilyn Winberg Jonathan and Amal Wolfe The Leonard Wolfe Family Charitable Foundation World Federation of Neurology Anonymous (5) $ 5,000 to $ 9,999 Harold and Margaret Altman Robert and Mary Pat Armstrong Artex Systems Inc. Chico Beharry Dennis and Laura Bennie Robert D. Berger and Dr. Marla Shapiro Gordon and Ruth Berger Blue-Zone Technologies Ltd. BMO Nesbitt Burns Inc. Sandoz Cha and May Bo Cheng Grace K. Chan Cora Cohen Cooper’s Iron and Metal Inc. DHU Corporation Echo Advertising & Marketing Inc. Michael and Judy Firestone First Asset Management Inc. The Frankel Family (Aron and Miriam Frankel) David and Bonnie Goldstein The Grand Chapter of Royal Arch Masons of Canada The Herbert Green Family Charitable Foundation Inc. Alexander E. Grossman Foundation Lawrence Haber and Reena Berlind Harry Rosen Inc. Hartley Hershenhorn Steven M. Hershenhorn HM Cash Inc. Interwide Investments Limited JF Brennan Design/Build Inc. James and Elaine Kay Harvey and Milly Kirsh Mabel Kniseley Nurses’ Endowment Foundation Kwan Yip Wei Geoffrey Matus Motorcade Industries Limited Mr. Sub The National Life Assurance Company of Canada Mimi and Sam Pollock Sheila Pollock Lionel and Helaine Robins and Family Louis Savlov Samuel and Charlotte Schwartz Charles and Mina Schwarz Ronald and Joanne Schwarz Joel and Tammy Seigel David and Wendy Share Monty M. Simmonds Gary Slaight Paul and Carol Slavens Louis A. Strauss Sun Life Financial Company of Canada Jay and Linda Swartz TD Securities, Technology Solutions TELUS Corporation Towne Garden Homes Limited Tri City Equipment Rental & Leasing UBS Securities Canada Inc. Howard Wetston and Debbie Fischer The Barbara and Harvey Wolfe Family Charitable Foundation Anonymous (5) Chairs and Directorships As at March 31, 2005 We are grateful to donors supporting Chairs and Directorships that provide for our doctors and scientists, who are recognized leaders in their field. Funds are invested and income earned supports the research and educational activities of the Chair holder. Apotex Chair in Molecular Oncology $ 2,162,573 Morgan Firestone Chair in Psychotherapy* 901,000 1,021,051 Sydney G. Frankfort Chair in Family Medicine* D. H. Gales Directorship for the Surgical Skills Centre 505,826 Ira and Irving Gerstein Chair in Neonatal Medicine* 50,075 Bernard I. Ghert Family Foundation Chair in Orthopaedics* 1,009,078 Koffler Directorship for the Samuel Lunenfeld Research Institute 377,458 Marvelle Koffler Chair in Breast Research* 1,020,293 Temmy Latner / Dynacare Chair in Head and Neck Oncology* 1,833,204 Leadership Sinai Chair in Surgery* 1,000,000 Mount Sinai Hospital Auxiliary Chair in Women’s and Infants’ Health Research 2,000,000 Sam and Judy Pencer Family Chair in Diabetes Research* 1,034,626 Sam and Judy Pencer Chair in Applied General Psychiatry* 1,024,600 Heather M. Reisman Chair in Perinatal Nursing Research 905,000 Rubinoff / Gross Chair in Orthopaedic Oncology* 1,154,911 Anne Tanenbaum Chair in Molecular and Developmental Biology* 1,130,902 Rose Torno Chair in Obstetrics and Gynaecology 2,000,000 Sandra and Lionel Waldman Family Chair for the Physician-in-Chief* 1,003,692 $ 20,134,289 *Matched by the Mount Sinai Hospital Foundation of Toronto Fellowships As at March 31, 2005 Fellowships support development of emerging professional and scientific talent and we appreciate these gifts, which are invested. The income earned is distributed annually to support individuals pursuing advanced medical and research studies. Irving R. Gerstein Research Fellowship in Cancer Norm Hollend Fellowship in Oncology Research Hy Isenbaum Research Fellowship in Oncology David McColm Fellowship in Lung Cancer Research $ 409,373 439,871 409,272 409,272 $ 1,667,787 Chiefs-of-Staff at Mount Sinai Hospital with Joseph Mapa (right) President and CEO Mount Sinai Hospital Foundation of Toronto and University of Toronto Fellowships As at March 31, 2005 We thank the funders of these programs, established jointly with the University of Toronto, benefitting those graduate students working at Mount Sinai Hospital and in need of financial assistance. Mount Sinai Hospital Foundation Matched by University of Toronto Total $ 100,000 $200,000 $300,000 50,000 100,000 150,000 Government of Ontario/Mount Sinai Hospital Graduate Scholarships in Science and Technology at the University of Toronto 100,000 200,000 300,000 Malka and Al Green Fellowship in Psychiatry 102,610 205,220 307,830 Halbert Family Fund for Breast Cancer Research 100,000 200,000 300,000 Bernard Ludwig Graduate Fellowship in Obstetrics and Gynaecology 153,673 307,346 461,019 1,000,000 2,000,000 3,000,000 350,000 700,000 1,050,000 76,800 153,600 230,400 333,333 666,666 999,999 100,000 200,000 300,000 $ 2,466,416 $ 4,932,832 $ 7,399,248 Canada Life Assurance Company Graduate Fellowship in Medical Research Bernard I. Ghert Fellowship in Psychiatry Samuel Lunenfeld Research Institute Graduate Student Fellowships including: • Alan Bernstein Graduate Student Fellowship in Research Excellence • Monelle Seigal/Gozlan Family Fellowship The Bank of Montreal Graduate Fellowships in Medical Research Judy and Samuel Pencer Fellowship in Psychiatry Dr. Elliot A. Phillipson – • Department of Medicine Fellowships The Richard Venn and Carol Mitchell Graduate Student Fellowships in Women’s Health Research Endowment Funds As at March 31, 2005 We thank those who made endowment funds a Petro-Canada Young Innovator Award Programme permanent legacy, providing for the future of Mount Irving Pustil and Louis Weinstein Endowment Fund for Diabetes Research Sinai. Gifts of $10,000 or more are invested and the income earned is distributed annually. Renée Reichmann Endowment Fund for Nursing Education Joel and Jill Reitman Endowment Fund Philip Smith Endowment Fund for Research $ 1,000,000 and up Nathan and Toby Starr Endowment Fund for Research in Mental Retardation Samuel Lunenfeld Charitable Foundation Endowment Fund Max and Anne Tanenbaum Endowment Fund for Research Mark and Stephanie Valentine NICU Fund for Excellence Rose Torno Nursing Scholarship Fund Penny Tramiel Endowment Fund for Cancer Research $ 500,000 to $ 999,999 Yorkton Securities Fund for Young Scientists Albert and Temmy Latner Family Foundation/Mount Sinai Hospital/Sarah Herzog Memorial Hospital Joint Program $ 50,000 to $ 99,999 Fred A. Litwin Centre for Cancer Genetics Jennifer Ivey Bannock Endowment Fund Julius Revich Endowment Fund Dr. David R. Bohnen Endowment Fund for Research* Albert D. and Gary L. Segal Endowment Fund for Medical Research Dr. Martin Breitman Endowment Fund Larry and Marla Wasser Endowment Fund for the Wasser Pain Management Centre Louis and Molly Chesler Endowment Fund $ 250,000 to $ 499,999 Ruth and Harry Davis Endowment Fund Berman Family Foundation Endowment Fund George and Golda Fine Endowment Fund for Research in Molecular Immunology and Neurobiology Chan Yin Yuan, Chan Veng Jun and Family Endowment Fund Jerome S. Cooper Leukemia Research Fund William and Celia Eisenberg Endowment Mr. and Mrs. Robert S. Fish and Daughters Endowment Fund for Medical Research Samuel Hershoran Lipson Fund for Excellence in Sarcoma Albert and Myra Gallander Endowment Fund for Kidney Research Mount Sinai Hospital Auxiliary Living Legacy Fund Marilyn and David Gluskin Endowment Fund Endowment in Obstetrical Anaesthesia Samuel and Freda Gotfrid Endowment Fund for Medical Research Frances and Rossi Rosenthal Family Endowment Fund for Medical Research Harold and Miriam Green Research Endowment Fund Harold Tanenbaum Endowment for Medical Research Frank H. Guest Endowment Fund Saul Wagman Endowment Fund for Medical Research Hugh Mappin Endowment Fund for Pancreatic Disease Research Morton Mendelson Endowment Fund for Research $ 100,000 to $ 249,999 Millie Merkur Endowment Fund for Research Samya Moranis Chris Lectureship Fund Esther and Jack Cole Endowment Fund for Cardiology Research Freeman Family Foundation Endowment Fund for Endrocrine Oncology Paul Grylak Endowment Fund in Memory of Wife Leah Jay and Barbara Hennick Endowment Fund for Medical Research Caroline and Emily Kassie Endowment Fund for Medical Research Sidney Liswood Endowment Fund Earl Mandell Endowment Fund for Medical Research Fay and Lou Mendelson and Ben Mendelson Endowment Fund Minnie Nisker Endowment Fund for Cancer Research J.C. Oelbaum Endowment Fund for Medical Research Earl Myers Endowment Fund Nursing Education Endowment Fund1 Howard L. Orfus Endowment Fund Edwin J. Pivnick Endowment Fund for Medical Research* Theodore and Florence Richmond Endowment Fund for Medical Research Henry S. Rosenberg, Q.C. Ph.D. Endowment Fund* Sadowski and Davies Endowment Fund Max and Lena Sharp Endowment Fund Gertrude and David Sher Endowment Fund Sala and Pinkus Tepper Endowment Fund Clare and Gerald Turner Endowment Fund Ben Ulster Fund for Research in Cardiology West Family Endowment Fund for Cancer Research * Established by Resolution of the Board of Directors Endowment Funds $ 25,000 to $ 49,999 Samuel and Ethel Roher Endowment Fund for Medical Research Gurston S. Allen Endowment Fund* Ron, Cynthia, Dylan and Myles Rosenthal Endowment Fund Eva and Mary Barrer Endowment Fund Belle and Harry Rotenberg Endowment Fund Barbara Berger Memorial Endowment Fund Harry Rotenberg Endowment Fund for Medical Research Harold and Esther Berk Endowment Fund for Medical Research Joseph J. Schiffer and Dr. Irvine Schiffer Exchange Program in Oncology Marie Berris Research Fund Morley Binstock Endowment Fund for Head and Neck Oncology Boccia Family Endowment Fund Eugene and Alice Boccia Endowment Fund Sarah Bregman Endowment Fund for Cardiology Anne and David Brill Endowment Fund David and Lois Buckstein’s Children Endowment Fund for Medical Research Charlotte Schwartz Endowment Fund for Medical Research Carrie Schwarz Endowment Fund for Leukemia Research Samuel V. Shefsky Endowment Fund for Diabetes Research Leonard Simpson and Family Foundation Endowment Fund Lilly Offenbach and Nathan Strauss, q.c. Endowment Fund for Medical Research established in memory of her husband, Nathan, by Lily Offenbach Strauss Ben and Vera Walker Endowment Fund for Research Cardiology Research Fund Florence Winberg Endowment Fund Muriel Carlen Endowment Fund Senator and Mrs. David A. Croll Endowment Fund Jerold and Gayle Winter and Family and Motorcade Industries Limited Endowment Fund for Crohn’s and Colitis Research Jack and Sophia Ellis Endowment Fund Louis Yolles Endowment Fund Jack and Valerie Fine Endowment Fund Rayzel Zuckerman Endowment Fund for Cancer Research Fogler, Rubinoff Endowment Fund in honour of Lloyd S.D. Fogler, q.c. $ 10,000 to $ 24,999 James M. Frank Endowment Fund for Cancer Research Susan Anne Adams and Andrew Wm. Levine Endowment Fund for Surgical Research Lillian and Harry Freedman Endowment Fund Wolf and Esther Goldstein Scholarship Fund for Nurses Agnew Pecham and Associates Endowment Fund in honour of Dr. G. Harvey Agnew Nat and Ethel Gotfrid Endowment Fund for Medical Research Dr. Dominick Amato Endowment Fund Julie Hanson Endowment Fund for Colon Cancer Research Larry Andreansky Endowment Fund Jacob and Dorothy Hendeles Foundation Fund Pearl and Samuel Bacher Endowment Fund Fannie and Saul Hertzman Endowment Fund Rose and Percy Banks Endowment Fund Charles and Molly James Endowment Fund Dr. Alan and Leah Bassett Endowment Fund Barney Joseph Endowment Fund Jack and Lillian Beale Endowment Fund Adam Karpen Endowment Fund Coralia Bennett Endowment Fund for Cardiac Research Joseph and Joel Kerbel Endowment Fund Gitel Bergman Scholarship Fund Morris and Miriam Kerzner Family Endowment Fund Anne and Joseph Black Endowment Fund Eva Kimel Endowment Fund Daniel Bradley Klar Black Endowment Fund Libman Family Endowment Fund for Medical Research Mary and Sydney Blinick Endowment Fund Abbey A. Lipson Endowment Fund Dr. David R. Bohnen Endowment Fund for Research Joseph M. Lubotta Endowment Fund Anne and David Brill Endowment Fund Bernard Ludwig Fellowship in Maternal/Fetal Medicine Pearl and Louis S. Brody Endowment Fund Louis Manpel Scholarship Gertrude and Meyer Bromberg Endowment Fund for Cancer Research Nikki McMaster Fund Harry and Faye Minden Endowment Fund Miriam Neveren Endowment Fund for Medical Research Louis and Sarah Neveren Endowment Fund for Medical Research Edwin J. and Charlotte Pivnick Family Endowment Fund The Carrie Fund for Autoimmune Diseases Lillian and Tom Cash and Family Endowment Fund Dr. Joshua J. and Henrietta Chesnie Endowment Fund for Cardiology Research Dr. Alexander Relle Memorial Lecture Fund Charles Cloth and Mary Spears Endowment Fund for Cancer Research Sam and Luba Richardson Endowment Fund Gwen and Chauncey Cohen Endowment Fund * Established by Resolution of the Board of Directors Endowment Funds Essie and Arthur Cohen Endowment Fund Dr. David A. Jordan and Family Endowment Fund George A. Cohon Family Endowment Fund Isaac and Sarah Kaufman Endowment Fund Anne Joan Zeppa Coyne Endowment Fund Norman and Ellin Kert Endowment Fund Dadouch Family Endowment Fund for Cancer Research Jerry and Karmela Klasner Endowment Fund Pearl and Harold Dennis Endowment Fund Shirley and Hughie Kline Endowment Fund Andrew Draper Endowment Fund Henry and Zelda Korenblum Endowment Fund Shelby Draper Endowment Fund for Cancer Research Harry Korzen Endowment Fund for Oncology Research Judith Lynne Duckman Endowment Fund for Colon Cancer Research Sigmund Kuperstein Endowment Fund for Medical Research Ruth Easser Psychiatric Endowment Fund Selma and David Eisen Endowment Fund Maryann Lawrence Bursary Fund for ICU/CCU Jerry and Betty Lefkovitch Endowment Fund Wendy and Elliot Eisen Endowment Fund Jacob, Sara, Murray and Adrienne Levinter Endowment Fund for Research Empire Forest Hill Lodge Endowment Fund Lou Lokash Endowment Fund David Epstein Endowment Fund David B. Lubotta Endowment Fund in Honour of His Bar-Mitzvah Dr. Joseph Fenton Endowment Fund Harry Marcus Endowment Fund Harry and Freda Fogler Endowment Fund Ida and Sollie Fox Endowment Fund Ruth and Roy Frankel Endowment Fund Ted and Judy Freedman Endowment Fund Barnet and Gertrude Markson Endowment Fund Olga and Sam Meister Medical Research Fund Jack Melman Endowment Fund for Palliative Medicine Ruth and Irving Frisch Family Endowment Fund Dr. Morris Mannuel and Rita Cecille Mink Endowment Fund for Heart Research Garbe Family Endowment Fund Eunice and David Mouckley Endowment Fund for Research Goldie Gasner Endowment Fund Mount Sinai Hospital – Fund for Excellence Carol and Percy Gitelman Endowment Fund for Family Medicine Allan Noble Endowment Fund Samuel and Sarah Glassman Endowment Fund George and Esther Novak Endowment Fund Ronald and Charlotte Glick Endowment Fund Russel Alan Ogus Endowment Fund for Psychiatric Research Sidonie Goldstein Lectureship on Sepsis Samuel Orfus Endowment Fund for Research Ellen Goodman Endowment Fund for Research Kevin Samuel Paris Endowment Fund for Neonatal Research Lillian and Sydney Goodman Endowment Fund Jess and Ingrid Pennelli Endowment Fund Senator Jerry and Mrs. Carole Grafstein Breast Cancer Research Fund Jacob Perlman Endowment Fund Abraham and Malka Green Arts and Crafts Endowment Fund Dora and Sam Prince Family Endowment Fund Jack Gringorten Endowment Fund for Heart Research Morris Prousky Endowment Fund Morris Gross Family Endowment Fund for Medical Research Ida Ragals Research Fund Fred Grossman Endowment Fund Norman and Rae Rebick Endowment Fund Helen Grossman Endowment Fund Edward I. Richmond Endowment Fund J. George Gruber Endowment Fund Adele Ross Endowment Fund Caroline Harris Endowment Fund Stanley and Tanya Rossby Endowment Fund Jack and Emily Hayward Endowment Fund Louis and Minnie Rotenberg Endowment Fund Joseph Herman Endowment Fund for Surgical Research Lanny Salsberg Memorial Fund Gertrude Herszzon Endowment Fund Jennie and Sol Frank Samuels Endowment Fund Jack and Saul Hertzman and Harry A. Stone Endowment Fund Al and Gertrude Sax Memorial Fund Isadore and Libby Hoffman Endowment Fund Leo and Ruth Schacter Endowment Fund for Research Benjamin and Anita Hutter Endowment Fund Samuel and Helen Schacter Endowment Fund Irving and Mina Ingber Endowment Fund Rose and Samuel Segal Endowment Fund Darrell Isenberg Research Endowment Fund Irving and Eva Seligman Endowment Fund Albert Jaffey Endowment Fund Shirley Shaul Endowment Fund Endowment Funds Lynn and Skip Sigel Emergency/Trauma Department Special Fund Malack and Esther Simlevitz Endowment Fund Murray L. Simon Orthodontic Endowment Fund Isla and John Slavens Endowment Fund Paul and Carol Slavens Endowment Fund Carole and Morton Smith Endowment Fund Harold and Sylvia Smith Endowment Fund Sara and Leonard C. Smith, q.c. Endowment Fund Social Work Department Endowment Fund Susan Sorokin Endowment Fund for Nursing Education Speedy Muffler King Endowment Fund Dr. Sidney Starkman Endowment Fund Norman B. Stein Endowment Fund Max and Freda Steinberg Endowment Fund Dorothy and Harry A. Stone Endowment Fund Philip and Pearl Stone Endowment Fund for Research Harry Sversky Endowment Fund Charles Taylor Endowment Fund Eleanor and Burnett Thall Research Endowment Fund Florence and Harry Topper Endowment Fund Dr. Alan and Dora Track Surgical Research Fund Andrew Tuvel Endowment Fund Andrew Tuvel Medical Oncology Research Fund Van Der Kuijp Westerweld Family Fund Irwin A. Wallace Endowment Fund Dr. Irving and Margaret Wayne Research Endowment Fund Candy Weil Endowment Fund Anne and Leon Weinstein Endowment Fund Moshe Joseph Weisfield Endowment Fund Grace Weiss Endowment Fund for Oncology Research Sarah and Morry Wingold Endowment Fund for Research Rosalind Witkin Endowment Fund David A. Wodlinger Endowment Fund Ethel Woolfe Endowment Fund Annette (Denny) and Cecil Yolles in honour of Mary and Samuel Yolles Endowment Fund Jack E. Young Endowment Fund Eliezer and Itta Zeisler Endowment Fund for Heart and Stroke Research Carole Herman Zucker Endowment Fund Total Chairs, Directorships, Fellowships, and Endowment Funds 49,312,660 Marvelle and Murray Koffler, Rose Wolfe, and Joseph Mapa at the Leadership Donors Appreciation Dinner Bequests Gifts of Life Insurance Policies The Foundation gratefully received bequests in excess of $ 1,000 from the following Estates between April 1, 2004 to March 31, 2005. We are grateful to those donors who contribute by purchasing a life insurance policy and assigning Mount Sinai as beneficiary. Estate of Samuel M. Ackerman Estate of Rudolph James Julie Albert Ernie and Rivette Herzig Estate of Lillian Altman Estate of Sidney Klein Georges Benarroch Leanne Kipfer Estate of Reta Appelbaum Estate of Ernest Litovitz Jordan S. Bernamoff Leemoy L. Len Estate of Alex Beder Estate of Irwin Lyons Jack Bernstein Sharon London Liss Estate of Edna Teresa Beder Estate of Joan McDowell Ivan and Helen Cader Paul and Pearl Marcus Estate of George Bernstein Estate of Gail Posluns Daniel Chai Jeffrey K. Mawle Estate of Benjamin Herbert Birstein Estate of Anna Maria Carmen Ramirez Ming Y. Chan Hugh McKay S.K. Betty Chee Barbara Millichamp Estate of Ernest Bradshaw Estate of Irwin Rosen Sidney Chelsky Lionel Richler Estate of Archie Brill Estate of Diane Esther Selick Dr. Zane Cohen Robert A. Rubinoff Estate of Cecil E. Brown The Albert Shifrin Trust James Crichton Eve Violet Rubinstein Estate of Jennie Feld Estate of Louis Spring Jon S. Dellandrea Eleanor Shear Estate of Fella Goldberg Estate of Toby Steiman Lyne Dellandrea Michael Solomon Estate of Ghida Goldsmith Stephen Diamond Sheldon and Susan Taerk Estate of Murray Greenbloom Estate of Violet Lillian Twilley Estate of Betty Wasser Robert and Maxine Fish Kenneth Tanenbaum Estate of Max Gwartz Gerald P. Turner Estate of Helen Kathleen Harrop Estate of Moshe Zylberman Gary Fogler Gladys Fogler Rt.Honourable John N.Turner Lloyd S.D. Fogler, QC Hilary Turnock Melvin Gilbert Lawrence D. Wilder Peter Godsoe Irwin Wortsman Gary and Linda Goldberg Clare Wright Mel Goodman Anonymous (3) The Gangolf E. Herman Trust Anonymous (5) Tennys J.M. Hanson Leadership Sinai Leadership Sinai was created in 1993 to encourage and develop the involvement of young people in the Hospital. Through membership and fundraising, Leadership Sinai has made substantial contributions to Mount Sinai supporting research, enhanced patient care facilities, new technology, and equipment. April 1, 2004 through March 31, 2005 New Members Robyn Beder Oz A. Cohen Joseph Fanaki Steven Farber Aliza Fisch Amnon Fisch Shaun Francis Stacy Francis Benjamin Gerstein Albert Haddad Michael Kalles Vered Kaminker Jay Klein Robert Kofman Michael Kraft Sidney Lisser Andrea Rudnick Simone Seltzer David Sugarman Joshua Wise New Pledges, Pledge Payments and Donations $ 10,000 and up Kenny Albert Jordan Sarick Les Sherman Lisa Swartzman $ 5,000 to $ 9,999 Geoffrey Bledin Michael J.R. Nisker $ 1,000 to $ 4,999 Megan L. Abel Leonard M. Abramsky Kenny Albert Robyn Beder Ugo Bizzarri Caroline Bokar Lev Bukhman David M. Burton Oz A. Cohen Richard J. Cooper Jerry Cukier Owen Duckman Robert Ellis Joseph Fanaki Steven Farber Amnon Fisch Gary Fogler Bruce V. Freeman Frank B. Gerstein Lindsay Gillespie Jordan Gnat Rob Godfrey Linda H. Goldberger David Goldstein Shane Grosman Rohit Gupta Vic S. Gupta Jake Herman Eric N. Hoffstein Vered Kaminker Vikram Khurana Shawn R. Kimel Michael D. King Robert Kofman The Henry and Zelda Korenblum Family Foundation Michael Kraft Daniel Lawee Robert Lederri Elliott Levine Russell Levy Anthony Ostler Kelly Patchet Jonathan M. Pollack Paul F. Postiglione Armand Reale Jay G. Rosenfeld Kenneth Rubin Andrea Rudnick Daniel Rumack Daniel Samson Candy Schaffel Melanie Segal Daniel Shapira Warren Shear David Michael Sherman Les Sherman Joshua M. Silber Christopher Slightham Joan E. Sproul Chaim Talpalar R. Blair Tamblyn Christine Terashita Eric Weisz Joshua Wise Leadership Sinai Board of Directors As at March 31, 2005 Chair Jordan Sarick Vice Chairs Jonathan Pollack Kenny Albert Secretary Lisa Swartzman Treasurer David Sherman David Goldstein Rohit Gupta Steven Hershenhorn Eric Hoffstein Mike King Caryn Markman Allan O’Dette Kelly Patchet Jonathan Robinson Chris Slightham Blair Tamblyn Christine Terashita Michael Worb Officer Michael Nisker Directors Jerry Cukier Linda Goldberger Zachary Goldman Ex-Officio Gary Fogler Carol Wilding Immediate Past Chair Carrie Orfus Gelkopf Jordan Sarick, Michelle and Zachary Goldman For more information on Leadership Sinai, please visit www.mtsinai.on.ca 1 2 5 3 6 4 1. Lionel and Sandra Waldman at the Leadership Donors Appreciation Dinner 2. Andy and Gaye Stein of Henry’s, and Susan Taerk, Chair, Henry’s Tournament Fore Health, benefitting Marvelle Koffler Breast Centre. 3. Dr. Marla Shapiro co-chair of The Run/Walk for the Best Medicine 4. Bob Rubinoff, Espie Chan, and Dr. Zane Cohen at the Leadership Donors Appreciation Dinner 5. Rob Grundleger, Michael Bregman, Michael Smith at the Mount Sinai Classic presented by Equitable Trust 6. Dr. Allan Gross is celebrated at his Tribute Dinner presented in partnership with the Canadian Technion Society An Eventful Year Thanks to extraordinary volunteers, corporate sponsors, partners, and participants who supported special events benefitting Mount Sinai Hospital, raising more than $2 million between April 1,2004 and March 31, 2005. $ 100,000 to $ 249,999 Scotiabank $ 50,000 to $ 99,999 Geoffrey Bledin/ The Equitable Trust Company $ 25,000 to $ 49,999 Firm Capital Corporation Henry’s $ 10,000 to $ 24,999 Abbott Laboratories (Canada) Ltd. AstraZeneca Canada Inc. Canon Canada Inc. GlaxoSmithKline Inc. Janssen-Ortho Inc. Geo. A. Kelson Company Limited Loblaw Companies Ltd. Merck Frosst Canada Inc. MPG Canada Inc. Pal Benefits Inc. Wyeth Canada $ 5,000 to $ 9,999 Canada’s Research-Based Rx&D Pharmaceutical Companies Catalpa Enterprises Ltd. Compass Group Canada The Descartes Systems Group Inc. Diageo Dynamic Mutual Funds General Electric Canada Inc. Alexander E. Grossman Foundation Hewlett-Packard (Canada) Ltd. Manulife Financial MDC Corporation/Miles S. Nadal Nikon Canada Inc. Oxoid Inc. TD Cornerstone Town Shoes Limited $ 2,500 to $ 4,999 Berlex Canada Inc. The Rae Bobbe Foundation/Mintz & Partners Burgundy Asset Management Ltd. Extrudex Aluminum Forest Hill Real Estate Inc. Fuji Photo Film Canada Inc. Kodak Canada Inc. Olympus America Inc. Otis Canada Inc. Panasonic Canada Inc. Procter & Gamble Pharmaceuticals Canada, Inc. $ 1,000 to $ 2,499 Elkie Adler All Stars Courier Service Aon Reed Stenhouse Inc. Bioscrypt Inc. BMO Nesbitt Burns Inc. Al G. Brown & Associates Budget Car Rentals Toronto Limited Cresford Developments Cyberplex Inc. The Daniels Corporation DayMen Photo Marketing Ltd. Financial Models Company Inc. First Gulf Development Corporation Gentec International GMP Securities Ltd Goodman and Carr LLP Green Realty Limited Howard Sokolowski/Tribute Communities Hurontario Centre Limited Carla Karkheck Konica Minolta Photo Imaging Canada Inc. KPMG LLP Kronis, Rotsztain, Margles, Cappel Mememe Inc. National Bank Financial Inc. The National Life Assurance Company of Canada Pentax Canada Inc. Posluns Family Foundation Priestly Demolition Inc. R.H.G.C. Management Ltd. The Habour Group – RBC Investment Research in Motion Richter, Usher & Vineberg An Eventful Year Sandylion Sticker Designs/ Labelad Schaeffer & Associates Ltd. Sherritt International Corporation Rosenberg, Smith and Partners Softchoice Corporation Sony of Canada Limited Speedware Corporation Inc. Syntax Systems Limited The Hazcon Group Ltd. The Toronto Star Tyson Developments Ltd. Friends of Mount Sinai Hospital organized events to raise money for either The Best Medicine campaign, or a specific program area of excellence. Third-Party Events $ 500,000 to $ 1,000,000 Mount Sinai Hospital and Canadian Technion Society – Dr. Allan Gross Tribute Dinner Israel Cancer Research Fund & Canadian Breast Cancer Foundation Gala $ 50,000 to $ 99,999 Unicorn Dream Dinner $ 25,000 to $ 49,999 APAS Golf Tournament Bay Street Hockey Tournament The Christine Wood Grant Fund Dinner The National Colorectal Cancer Campaign $ 10,000 to $ 24,999 I Survived Toronto t-shirt campaign Hip Hip Hooray The Snowflake Ball $ 5,000 to $ 9,999 Duroch’s Annual Golf Tournament Franco Furniture Golfing for Kids Tournament Giftcraft Maple Downs Charity ProAm Golf Tournament $ 2,500 to $ 4,999 Rhett Eyers Memorial Golf Tournament Scotiabank – Breast Cancer Fundraising Initiative $ 1,000 to $ 2,499 Cornerstone 52 Foundation Sunset Shuffle 6k For more information on our events, please visit www.mtsinai.on.ca Friends for Life Society We thank our Friends for Life Society donors who generously give annually to Mount Sinai Hospital. The Mount Sinai Hospital Foundation is pleased to present the following list of Society members who have given between $500 and $4,999 from April 1, 2004 to March 31, 2005. Fellows $ 2,500 – $ 4,999 Atlantic Packaging Products Ltd. Barr Associates Design Consultants Bazil Developments Inc. The Benjamin Foundation Howard and Carol Bernick Family Foundation Borden Ladner Gervais llp Harvey Borden, c.a. Maxie Bluestein, The Samuel and Rose Levy Charitable Foundation Ed and Heather Bryant Canaccord Capital Corp. Cassels Brock & Blackwell llp Chris Steer Insurance Brokers Limited* CIBC CIBC World Markets Children’s Miracle Foundation Marvin Cooper John D. Coyne and Karen Zeppa John and Vera Elder Graham Farquharson Fasson Joe and Budgie Frieberg Richard Furst Len Gill Golden Gate Wire Goldman Sachs Canada The Ralph and Roslyn Halbert Foundation George and Linda Heller Hydin Limited * Member, Best of Friends monthly giving program IBM Employees’ Charitable Fund Dr. Brian D. Jafine Harvey Kalles Lee Li Wholesale Meat Ltd. Eleanor Leibel Michael Lipkin Lana Merhej Metropolitan Equities Limited C. John Nott Betty D. Phillips Raymond James RBC Foundation Rhett Eyers Memorial Golf Tournament The Jack Rose Family Foundation Alan D. Schwarz ScotiaMcLeod Dr. Judith Shamian Norman Shnier and Roberta Shnier Smart Lazer Grafix Sun Chemical D’Arcy and Virginia Sweeney Terlyn Industries Ltd. Michael Thomas Topper Linen Supply Limited Westwind Partners Inc. Partners $ 1,000 – $ 2,499 ı953o9 Ontario Ltd. Andrew and Michelle Abbott Lynn Albert Algood Casters Limited Clive and BarbaraAllen Altet Stucco Ltd. Friends for Life Society Mr. and Mrs. Ron Ander Irene Anderson Carmen Antonini The Appleton Charitable Foundation Jose Araujo Aronovitch MacAulay Rollo llp Aufgang Holdings Limited Alberta Ayriss* The Ralph M. Barford Foundation N. Marina Barnstijn Peter Baron Bayview Secondary School Benign Essential Blepharospasm Robert and Eleanor Bennett Roland Bertin Dr. Irving I. Betcherman Lenny and Evie Binder Herbert R. Binder Biomet Canada Mr. and Mrs.Ron Blitstein, c.a. Erika and Ernie Bloch Ann Boeckh Gordon J. Bogden Hilde Breuer John Breuer Stanley Brock Howard and Roz Brodsky Myer D. Brody and Mimi Fullerton David E. Buck Patricia A. Burke-Smith* By Design Fine Jewellery Ltd. The Cadillac Fairview Corporation Limited Laura Cameron* CanadaHelps.org Capstone Inc. Rita Carret Challenger Motor Freight Inc. Employees Charity Trust J.S. Cheng & Partners Inc. Chenstochover Aid Society Helen Choi Chu Chow The Beverley and Samuel H. Cohen Family Foundation Marshall and Judith Cohen Michael and Naomi Cohen M. Earlaine Collins Arthur Cook Richard and Gail Cooper Kenneth G. Copland Cornerstone 52 Foundation Warner Cowan Barry and Sandi Cracower Ilidio and Mercedes Da Silva Deloitte & Touche llp Gertrude Diamond Patricia Digings Erika Dovey Miss Edna J. Dow Dynamic Fund Foundation Early Morning Productions Inc. Dr. Seymor Eber J. E. Eberle Bernice Eckler Allen and Ellen Eisen Mr. and Mrs. Elliott Eisen The Elegant Garage Sale EllisDon Corporation Mr. and Mrs. Igor Ellyn, q.c. Embanet Corporation Philip M. Epstein Wilfred M. Estey The Les and Minda Feldman Charitable Foundation Ralph and Kathleen Fenik The Morton and Ethel Fields Foundation First Associates Investments Inc. Debbie Fischer Jenkin and Edwina Fok William A. Foote Franco Furniture Golf Tournament for Kids Franco Furniture Refinishing Sydney G. Frankfort Trust Agency Theodore J. Freedman Herbert and Betty Frieberg Harvey Fruitman Ehab Gaber Edgar A. Garber Garfinkle, Biderman llp David Gelman Bernard Glazier Mr. and Mrs. Robert Goldberger Joseph Gorog Gertrude M. Gotlib Mr. and Mrs. Cecil H. Graff Brian Greenspan Mr. and Mrs. Joel S. Greisman * Member, Best of Friends monthly giving program Hadesh Foundation Roslyn Halbert Stephen and Andrea Halperin Mike Hammer K. Pruyn Haskins Hershman and Burger Family A.S. Hertz Family Foundation Alison Himel The B.A. Himel Family Foundation Ronald and Joan Hogwood Horner Developments Ltd. Shirley Hoy Idea Marketing Corp. Christopher Igglesden* Imperial Coffee and Services Inc. John Noble Septic Services Inc. Johnson-Rose Inc. Judith Jordan-Austin The Morris Justein Family Charitable Foundation Hillel and Donna Kagan Kenneth Karp Mr. and Mrs. William Kassel Shayam and Anita Kaushal* Martin Kelman Norman L. Kert Kindwin Development Corporation Paula Kirsh Olga Koel Golda Koschitzky Kal Kuronen The Albert Abrum Lager Foundation Michael Laine Leslie B. Lander Minnie Lebovic Cleona Lee Lee-Mar Developments Ltd. Mr. and Mrs. Jay A. Lefton Robert G. Leong Leon's Furniture Limited Donald W. Lewtas and Barbara Mitton Jivco Licov Lions Delivery Service Limited Vicki Loftus The Lowidt Foundation Ben and Jill Lustig Thomas G. Lutton Ronald and Diana MacFeeters Nicol MacNicol Dr.David and Dr.Edna Magder Mr. and Mrs. Gerry Maldoff Manulife Financial Ronald Masleck Gordon and Ann McArthur John McMahon Mr. and Mrs. Sam Meister Alexander Kotov and Victoria Mirskaya Moet-Hennesy Brands Select Wines Craig and Shirley Moyer David and Kim Murdoch Gary Nachshen Denise Nadalini Glenna P. Nesbitt Neil and Gladys Neufeld North America Construction (ı993) Ltd. Novator Systems Ltd. Ronald, Lilly & Annette Oelbaum & Family OPG Employees’ & Pensioners’ Charity Trust Bernard K. Ozawa John Pantarotto Participation Holdings Ltd. Partners in Caring Stan Pasternak Robert I. Peacock Rob and Jacqueline Peeren Elliott Peranson David and Debbie Perkell PF & R Holdings Inc. Beverley J. Pinchin Professional Association of Interns and Residents of Ontario Raduna Contracting & Excavating Inc. RBC Dominion Securities Inc. RBC Foundation Redbourne Properties Inc. Richter, Usher & Vineberg RNE Realty Limited Clara Roberts Roche Diagnostics Harold and Medora Roe Rogers Group of Companies Mr. and Mrs. R. Louis Ronson Carl Rosen David and Brenda Ross Friends for Life Society The Royal Canadian Legion The Samuel J. and Jean Sable Family Foundation Mark J. Sarner Jennie M. Sawula Katalin Schafer Schering Canada Inc. Myra Schiff E. Traudi Schlehuber Joe Schlesinger Charles and Ruth Schwartz SCL Imaging Group Robert I. Scolnick Shadowcorp Investments Ltd. Gerald Shefsky Arnold B. Shniffer Sico Inc. Sandra L. Simpson* Hin Leung So Gary S. Solway Doris Sommer-Rotenberg Robert and Marilyn Spindler Ronald S. Steinberg Elise S. Stephenie Gordon and Joyce Strauss* Joanne Sulman Sunset Shuffle 6K D’Arcy and Virginia Sweeney Houi and Ann Takounseun The Frances Tanenbaum Charitable Foundation Joan Taylor* The Teakwood Charitable Foundation The Olde Teddy Bear Shoppe Lioe Thung TI Group Inc. Lloyd Title Stephen Title Murray Tkatch Moses & Temara Tobe Foundation Inc. Jocelyn Todd David Toles Tony Chaar Salon Inc. Torstar Corporation S.E. Tower Tremco Canada Division Trenton Cold Storage Tribute Communities Tros Aluminum Installations Ltd. Ida Tugg Alina Turk United Parcel Service Canada Ltd. Jim Vassos Brenda Vince Mr. and Mrs. Milan Voticky Sydney K. Wahl Peter Wallace Susan H. Walsh Herman Walter George Wasserstein John H. Watson Margaret Wayne* Sophie Weimert A. Michael and Virginia Wenban David Wex Wilkinson & Co. Winberg Foundation Mr. and Mrs. Howard Wise Mr. and Mrs.Stanley H. Witkin Jackein Wong Timothy and Lynda Wood Minnie Yack Leon S. Yolles and Dora Yolles Charitable Foundation Marcia Zuker and Jeffery Barnes Associates $ 500 – $ 999 ıı749ı9 Ontario Inc. Accurate Fasteners Ltd. Salem Alaton* Hasan Albulak Alliance Capital Services Inc. Altana Pharma Inc. Arnold Amber R. David and Ann Anderson Jake and Vivian Anhang Edward Anthony* Ben Applebaum Philip and Linda Armstrong B.C. Music and Consulting Bank of America Canada Harold Schwegel and Anne Barszczewski James and Marcia Bartlet Robert Bateman Edwin L. Beallor Andre Beaulieu Margaret E. Beck * Member, Best of Friends monthly giving program Paul and Kaye Beeston John Patrick Bell* Penelope Bell Paul Bellack Bendale Cleaning John and Sherrill Berrys* Bessin Family Foundation Terrence Hugh Big Canoe Bijoux Village Fine Jewellers E. M. Blake and Susan Hutcheson Blizzard Courier Service Limited Agostinho Bonanca J. Allan Boyle Marion Brancaccio Sidney and Gladye Bregman Barbara Brett Brown Entertainment Inc Dr. James E. Brunton Buffet Charbonneau Charles and Elizabeth Bulloch Cris Bustos Lilian N. Campo* Canadian Moulded Products Michael Carli Mr. and Mrs. Sheldon Carr, b.a. CDI Computer Dealers Inc. Susan Centner-Davidson* Central Glass & Mirror Ltd. Century Builders Hardware Limited Kevork Cerrahyan Herbert Chang Channeled Resources Inc. Ruben and Pui Yuk Cheng Beverley Chernos Choi Chu Chow* Dora C. Chow Dougal Clark Danier Leather Inc. Decorium Delta Architectural Hardware Corp. Dino Dilio Joseph R. Dukovac Margaret Dumberg Richard Dumberg Robert and Helga Dunn Ronald Durand Durock Alfacing International Limited J. Mitchell Dykstra Norman and Ellen Eckler Bill Elleker Gordon R. Elliot Mr. and Mrs. Lawrence Enkin Lieselotte A. Eschenauer Haron Ezer Farband of Lithuanian Jews Mustafa Farooqi Gilles Fecteau Bernard Feinstein* David Feldman Jonathan Fidler Martha Finkelstein Morris Flicht Michael and Sandra Florence Family Foundation Lionel Frankel D. I. Fraser* Harold and Ethel Freeman Joseph M. Fried Tom Friedland Friends Enterprises Ian Fyfe Gem-Sen Sean Gilbert* Jeffrey and Orly Glatt Sandra Glaze Stanley Goldfarb Jacob and Ellena Gornitzki Helen Gottschling Estelle Grant David Green Michael S. Grobin Peter Guselle Elizabeth D. Hamilton The Honourable Justice Monte H. Harris Roger Hatch Bronislaw W. Hausman Diana Hausman Haymishe Homes Inc. Mr. and Mrs. Arden R. Haynes D. Hazzoh Leonore V. Hetherington Janet C. Heywood Nancy E. Hill Dr. Carol Hindmarsh C. Michael Hine Harvey and Sharon Hirsh Dr. Helen Ho Friends for Life Society Timen Ho and Ling-Hing Ho-Lai Zoltan and Andrea Horcsok Hydro One Employee’s and Pensioner’s Charity Trust Fund Anthony and Anne Marie Iatesta Incubed Ltd. J. Indig Family Holdings Inc. Industrial Commercial Packaging Limited P. Isaac John and Christine Ivany Thomas Izzard* Prithvi James Karl Janzer Guy V. Jason Mikhela Jason Yael S. Jason Sherril J. Johnson Dr. Michael Johnston Judex Inc. Gerry and Sandra Kaminsky Sidney and Margaret Keen Sharon Kelson Kenair Apartments Limited Robert Kepes Joseph Kerzner Sandra Kesselman-Hardy Gladys Kingsland Patti J. Kirk Jillian Koplowitz Jean Kramar P. Jan and Gail Krog Maurice J. Kulik Margaret C. Kwan Sai-Yiu Kwan Labyrinth Services Inc. Philip Ladovsky Douglas Shu-Tak Lam W.D. Latimer Co. Limited Grant Laycock and Rita Houle Stewart Lee Helen Leon Les Modes Klaus Steilmann Inc. Martin Li B. H. Lloyd Vince and Yvette Loconte Nancy Love David M. Lukianow MAC Cosmetics Allan MacKinnon Cesare F. Mandarino Mr. and Mrs. George Mann Jola Marcon Mark Lash Designs David and Faye Markowitz Jeffrey and Janice Maser Mastermind Educational Technologies Inc. Margaret Matyas Mary M. Maude Linda M. McCain Heather McCallum Jean McClay Victoria McCowan Hugh A. McKay Tom McLeod McMillan Binch LLP Froim and Ruth Merkur Dr. Michael M. Minden Abby Minuk Luigi and Elena Miraglia Jan Mizrahi Helen Morgan* Martha Morris Rabbi John Moscowitz Miss Catherine Moulton Edward D. Murray Andre Nacawa* Nadbro Construction Limited* John A. Nairn John L. Nanos Richard C. Nathanson Reta Newman Carl and Edith Newton John and Yvonne Nicholls Angela Orsi Dr. Howard Ovens Raha Mohammad Panah Paul J. Pape Paradigm Information Technologies Inc. Ilse Pawlik Rhoda E. Payne PCL Constructors Canada Inc. Robert Penteliuk and Michelle Burjaw* Mr. and Mrs. Murray Perelman Brenda Petryna Barry and Barbara Pickford Guy Polley * Member, Best of Friends monthly giving program Martine Positano Prestige Exteriors Inc. Progress Doors Limited Lino and Edith Quattrin Quebecor World Inc. Anton and Ilana Rabie Marc Ralsky* Raoul Wallenberg – Yorkdale Circle Lodge B’nai Brith 2485 George Ratner Frank Rea Rice Brydone Limited Douglas L. Ludwig and Karen J. Rice* Rhonda Richer Catherine Rimler Anne G. Ritchie Cedric E. Ritchie Maryhelen Robertson Shirley Robson Rock A Bye Baby Ron Pollock Imports Ltd. Mr. and Mrs. Ron Rosenthal Debbie Ross Grace C. Ross Ruth Ross Aser Rothstein Leon Rumm Yuji Sakuma Kevin and Wendy Samson* Maureen Sandler Annalee Sawiak Joseph and Esterina Schmitt David M. Schwartz Sears Employees Charitable Fund Peter Seto Nihar B. Shah* Shared Healthcare Supply Services Ltd. Jerry and Barbara Shefsky Dr. Isaac H. Shleser Evsei Shnaider* Shrink Packaging Systems Ltd. Dr. Bernard Silverman Randi R. Silverstein Betty A. Skolnik Joel E. Slan Edward and Barbara Smith Michael R. Smith Michael Snell Stanley Sobek Joan Solway Roy S. Speares Margaret Spohn State of Israel Bonds Canada Edda Sterner Frederick and Anne Stinson* George and Marilyn Stone Sadie Stren Anne A. Sudic Aubrey A. Sugar Sunview Doors Limited Geza Szamosi Marion Tanaka Miss Ana Paula Tavares* Telco Community Volunteers – Toronto Retirees Club Kevin and Heather Thistle Kent S. Thomas Jill Thompson Ruth Thompson Harry Todd Construction Limited Geza Tormasi Toronto Blue Jays Baseball Club Donald L. Triggs Mr. and Mrs. Peter Tseng* Tyco Electronics Canada Ltd. U.B.R.F.I.S.T. International Union Health &Welfare Fund Irving Ungerman Ltd. Urbancorp. Algis J. Vaisnoras Dr. and Mrs.J.David Van Loon Grace M. Vidal-Ribas Robert A. Wake Lance Ward Jacob Weber Paul and Susan Weinberg Glen W. Wenzel Henry J. Wolfond Mabel Woo Dr. Donald B. Woods* Irving and Sylvia Wortsman Bernard Young John Young* Leo Zaidman* Dr. Barry and Sharon Zimmerman Anonymous: 13 Mount Sinai Hospital Foundation of Toronto Summarized Balance Sheet As at March 31, 2005 ASSETS (in thousands of dollars) 2005 2004 Cash Accounts receivable and prepaid expenses Investments – at cost Capital assets – net $ 2,274 171 50,168 154 $ 1,718 248 47,161 67 Total Assets $ 52,767 $ 49,194 $ 16,405 955 $ 13,835 1,632 17,360 15,467 35,407 33,727 $ 52,767 $ 49,194 LIABILITIES Accounts payable and accrued liabilities Funds held under administration Fund balances Total liabilities and fund balances Auditors’ Report on Summarized Financial Statements To the Directors of Mount Sinai Hospital Foundation of Toronto statements in accordance with the criteria described in the Guideline referred to above.≈ The accompanying summarized balance sheet and summarized statement of revenue and expenses and changes in fund balances are derived from the complete financial statements of Mount Sinai Hospital Foundation of Toronto as at March 3ı, 2oo5 and for the year then ended on which we expressed an opinion without reservation in our report dated April 29, 2oo5. The fair summarization of the complete financial statements is the responsibility of management. Our responsibility, in accordance with the applicable Assurance Guidelines of The Canadian Institute of Chartered Accountants, is to report on the summarized financial statements. These summarized financial statements do not contain all the disclosures required by Canadian generally accepted accounting principles. Readers are cautioned that these statements may not be appropriate for their purposes. In our opinion, the accompanying summarized financial statements fairly summarize, in all material respects, the related complete financial For more information on the Foundation's financial position, revenue and expenses and fund balances, reference should be made to the related complete financial statements. Chartered Accountants Toronto, Ontario April 29, 2oo5 Mount Sinai Hospital Foundation of Toronto Summarized Statement of Revenue and Expenses and Changes in Fund Balances Year Ended March 31, 2005 REVENUE (in thousands of dollars) 2005 2004 2005 2004 Donations, bequests and contributions Events – net Investment income $ 21,179 2,417 1,675 $ 19,331 890 3,185 84% 9% 7% 83% 4% 13% Total Revenue $ 25,271 $ 23,406 100% 100% EXPENSES Fundraising and administrative Grants to Mount Sinai Hospital $ 4,021 19,570 $ 3,707 15,432 17% 83% 19% 81% 23,591 19,139 100% 100% 1,680 4,267 33,727 29,460 $ 35,407 $ 33,727 Excess of revenue over expenses and grants for the year Fund balance – beginning of year Fund balance – end of year WHERE THE MONEY COMES FROM Donations, bequests, and contributions Events – net Investment income 84% 9% 7% ________ 100% ________ WHERE YOUR MONEY GOES Grants for patient care, research ❖ Construction and equipment ❖ Clinical research and programs ❖ Samuel Lunenfeld Research Institute ❖ Other programs Fundraising and administrative 83% 17% ________ 100% ________ Notes to Summarized Financial Statements The Foundation is incorporated under the laws of Ontario as a corporation without share capital. The Foundation receives, accumulates and distributes funds and/or the income therefrom for the advancement of medical research, education and improvement of patient care at Mount Sinai Hospital (the “Hospital”). The summarized financial statements of Mount Sinai Hospital Foundation of Toronto (the “Foundation”) are reported using the restricted fund method of accounting for contributions. The Foundation ensures, as part of its fiduciary responsibilities, that all funds received with a restricted purpose are expended for the purpose for which they are provided. Accounts payable and accrued liabilities include amounts payable to the Hospital of $15,851,339 (2004 – $13,609,962). The Foundation is a charitable organization registered under the Income Tax Act (Canada) and, as such, is exempt from income taxes and able to issue donation receipts for income tax purposes under Registration Number 11904 8106 RR0001. During the year, the Foundation sub- mitted a request for re-designation from a charitable organization to a public foundation. Canada Revenue Agency approved the re-designation effective April 1, 2005. Investments, including investments denominated in U.S. dollars, are recorded at historical cost and are written down to market value when there is evidence of a decline in value that is other than temporary. The market value of the investments at March 31, 2005 is $52,845,959 (2004 – $48,258,744). Mount Sinai Hospital Foundation of Toronto Board of Directors As at March 31, 2005 Chair of the Board Directors Honorary Officers Michael Bregman Suzanne Ivey Cook David Cynamon Frank B. Gerstein Ira Gluskin Gary Goldberg Maxwell Gotlieb Alan Greenberg Debbie Kimel Thomas Koffler Joseph Lebovic Fred A. Litwin Michael J.R. Nisker Neil Nisker Lesley Binstock Offman Ron Prosserman Joel Reitman Honey Sherman Mark Waldman Larry Wasser Judy Wells Jonathan Wolfe Irving R. Gerstein cm Hy Isenbaum fca Murray B. Koffler oc Joseph Lebovic Kenneth Rotenberg Gerald J. Shear Dr. Louis Siminovitch oc Morton M. Smith qc Vice Chairs Geoffrey Bledin Lawrence S. Bloomberg Robert A. Rubinoff Howard Sokolowski Richard E. Venn Treasurer Ken Tanenbaum Secretary Stephen H. Diamond President Carol Wilding Immediate Past Chair Lloyd S.D. Fogler qc Design: Russell Branding Ex-Officio Directors Heather Gotlieb Thomas E. Kierans oc Dr. Stephen Lye Joseph Mapa Jordan Sarick Lawrence M. Tanenbaum Copywriting: Ramsay Writes Cover photography: Russell Monk Portrait photography: Sid Tabak Typography: Dennis Mason Printing: The Print Resource Mount Sinai Hospital is dedicated to discovering and delivering the best patient care with the heart and values true to our heritage. Dr. Tony Pawson, award-winning scientist and director of Mount Sinai’s extraordinary centre for scientific discovery, the Samuel Lunenfeld Research Institute, at home in his lab. 600 University Avenue Toronto, Ontario, Canada m5g 1x5 Tel: 416.586.8203 Fax: 416.586.8639 www.mtsinai.on.ca