Personalized Cancer Medicine - The Princess Margaret Cancer

Transcription

Personalized Cancer Medicine - The Princess Margaret Cancer
The Princess Margaret
Cancer Foundation
WE WILL CHANGE
WHAT PEOPLE BELIEVE
ABOUT CANCER
“…There are close to one
million cancer survivors
in Canada today“
Dr. Mary Gospodarowicz
Dr. Mary Gospodarowicz
Medical Director
Medical Director
Dr. Benjamin Neel
Dr. Benjamin Neel
Research Director
Research Director
Believe It - WE WILL
CONQUER CANCER IN OUR LIFETIME
A Message from Dr. Mary Gospodarowicz
and Dr. Benjamin Neel
In 1952, the Ontario Cancer Institute
was founded by an act of the Ontario
legislature, and back then people
didn’t want to say the word ‘cancer’.
Cancer was a death sentence in most
people’s minds, and the treatment
was dreaded as much as the disease.
Changing the name in 1958 to Princess
Margaret Hospital made it easier to say,
but it remained a place that no one
wanted to talk about.
Fast forward 60 years. More
people are facing a cancer diagnosis,
and cancer is now the leading cause
of death in our country. On the
positive side, the death rate from
cancer is declining, the treatments
are considerably more tolerable with
fewer toxic side effects, and there are
close to one million cancer survivors
in Canada today—most leading good
quality lives.
We now understand that cancer is
multiple diseases depending on where
and how it originates, so there won’t
be one pill or a ‘silver bullet’ that
solves the problem. Rather, there have
been and will continue to be multiple
advances and events on a continuum
that will culminate in cancer going
out with a whimper—but it will go out.
As Canada’s largest and most
comprehensive cancer research
centre, The Princess Margaret is
responsible for creating the evidence
and measuring the benefit of new
treatments and new approaches. We
believe that we will conquer cancer
by matching treatment to the exact
type and stage of tumour for each
individual patient. We call this
Personalized Cancer Medicine and it
includes all of our efforts to:
•Detect cancer earlier through so-
phisticated imaging technology and
other techniques
•Diagnose cancer with more preci-
sion. This year we launched the first
Canadian trial that uses new gene
sequencing technology to identify
the specific mutations of a tumour
•Target treatment for each individual
therapy that is precise to within a
millimetre, drug therapy that is toxic
only to cancer cells and new types of
treatment such as immune therapy
that ‘trains’ our immune system to
kill cancer cells.
•Support patients and their families
through psychosocial and survivorship programs that help patients
adapt to a ‘new normal’
Many people believe that there has
been little progress made in cancer
research, but we hope that this report
and other material shared with you
through our Foundation will help
you believe, as we do, that we will
conquer cancer in our
lifetime.
patient through minimally-invasive
surgical techniques, radiation
View videos of our cancer centre leaders at www.pmhf.ca/onlinereport2012
The Princess Margaret Cancer Foundation
3
A record year as we
embark on our Billion
Dollar Challenge
A Message from the President & CEO and the Chairman
of the Foundation Board
We have a lot of passion for the work
we do at The Princess Margaret
Cancer Foundation, and so much of it
comes directly from you, our donors.
You inspire us every day with your
generosity, with your personal stories,
with your fundraising ability, and
with your desire to be an active part of
conquering cancer in our lifetime.
In fiscal 2012, we are pleased to
report that $84.2 million was raised
in support of The Princess Margaret,
one of the top 5 cancer research
centres in the world. Thank you all
for digging deep and contributing
to this record fundraising year in a
multitude of ways. This year:
•418,090 donations were accepted
•637,000 lottery tickets were sold
•two brand new annual events—Road
Hockey to Conquer Cancer and Disco
Days and Boogie Nights—were launched
and collectively raised $3.3 million
•two gifts of $5 million each were
pledged, and
4 2012 Report to Our Donors
•the Campbell Family continued their
extraordinary support with a $7.5
million donation to the world-class
institution that bears their name
We have ambitious plans
underway to set a new gold standard
for Personalized Cancer Medicine
for all patients at the Princess
Margaret Cancer Centre, across
Canada and around the world.
In April 2012, we launched a
billion dollar challenge to
support this important goal. The
Foundation’s challenge is to raise
$500 million through philanthropy
over the next five years, while our
researchers are challenged to secure
$500 million in research grants.
This is the largest single fundraising
campaign in the history of Canadian
healthcare.
When you pass by The Princess
Margaret now, you will see the
determination and the optimism of
Foundation and cancer centre staff
reflected in campaign banners
that say: Believe It - we will
conquer cancer in our
lifetime.
We wish to express our sadness
on the loss of two tremendous
champions of The Princess Margaret
this past year. David Harris joined
the Foundation board in 2005 and
contributed significantly with his
wise counsel, always given with his
wonderful sense of humour. And Dr.
Robert Buckman was simply ‘one of a
kind.’ He helped thousands of patients
cope with the fear and side effects
of a cancer diagnosis through his
many best-selling books, workshops
and through his remarkable gift as a
comedian. Both of these men inspired
us with their courage.
The next five years will be critical
in realizing our vision to conquer
cancer in our lifetime. We
hope we can continue to count on
your support.
“The billion dollar
challenge is underway”
John H. Bowey, FCA
Chairman
John H. Bowey, FCA
Chairman
Paul Alofs
President
& CEO
Paul Alofs
President & CEO
It may seem like we’ve been fighting
this fight forever. But we haven’t.
There was a time, not long ago, when
cancer was a death sentence. And the
treatment was dreaded almost as much as
the disease. We’ve seen that change in our
lifetime, at The Princess Margaret.
Yes, we are still losing people to cancer.
But more and more, we are controlling
the cancer, instead of cancer controlling
us. We now know that every cancer is
as individual as the patient. So we’re
developing personalized care that delivers
the right treatment to the right patient at
the right time. This is the future of cancer
medicine, and we are on the forefront of
that progress, today.
We’ve seen the entire process of cancer
care forever altered. We’ve seen radical
mastectomies become lumpectomies.
We’ve seen the precision of image guided
therapies spare more healthy tissue. We’ve
seen undreamed-of advances at the cellular It may seem like we’ll be fighting this
fight forever. But we won’t. Because we’re
level and revolutionary work in healing
closing in. We have the momentum. We
beyond the body.
have the talent. And we have the passion.
All in our lifetime. All at The Princess
This is the front line. We are Canada’s
Margaret.
cancer warriors. But we can’t do it alone.
We see the things we do, give hope to
The world needs to hear The Princess
millions, one person at a time. We’ve
Margaret message. So share it at every
transformed a provincial cancer hospital
opportunity with anyone who will listen.
into one of the world’s top five cancer
research centres. As a proud partner of the It’s a simple message, really. But it’s a
message of incredible power: we are
University Health Network, we’ve grown
conquering cancer at Canada’s cancer
our people into the thousands.
research centre, The Princess Margaret.
We see leading researchers, from all over
In our lifetime.
the world, leave their homes to come here.
Because this is where they believe the fight
will be finished. In our lifetime.
“Our creed is what
“Our
creed
is what
we
believe”
we believe”
Dr. Lillian Siu
Dr. Ralph Gilbert
Dr. Robert Bristow
the billion dollar challenge
On April 12, 2012, The Princess
Margaret Cancer Foundation initiated a
challenge to staff, doctors, researchers
and donors to raise $1 billion over five
years—$500 million from philanthropy
and $500 million from research grants.
This is the largest single fundraising
campaign in the history of Canadian
healthcare.
Dr. Robert Bell, CEO of the
University Health Network, summed up
the need for this challenge very simply
by saying:
‘‘ When I began my career 25 years ago, 90 percent of my sarcoma
patients would die within two years. Today, I’m happy to report that 75
percent of those patients are cured of their cancer. And this challenge
is to bring the tools of personalized cancer medicine to bear on those
’’
remaining 25 percent of patients that we need to cure. View videos of our cancer centre leaders at www.pmhf.ca/onlinereport2012
Dr. Malcolm Moore
8 2012 Report to Our Donors
Dr. Jonathan Irish
Dr. Sylvia Asa
kicks off
Setting the new gold standard for
Personalized Cancer Medicine
Detect
Diagnose
Overall, 64 percent of cancer
patients survive their disease for at
least five years with most being cured,
but some types of cancer—for example,
lung cancer and pancreatic cancer—are
still very deadly, and more effective
detection methods and treatments are
needed.
The Princess Margaret is proud to
lead in the development of Personalized
Dr. Gary Rodin
Dr. David Jaffray
Target
Support
Cancer Medicine for all Canadians, but
it requires significant investments to
develop new techniques and technology
to DETECT cancer earlier before it can
spread, DIAGNOSE it more precisely
so the optimal treatment is prescribed,
TARGET treatment in a way that spares
healthy tissue, and SUPPORT patients
and their families throughout their
emotional journey with cancer.
Dr. Pam Ohashi
The Princess Margaret Cancer Foundation
9
A family united on a vision
Looking after one another today, while deciding
how they will help the patients of tomorrow
L to R: Elizabeth Hamilton, Sheila MacFeeters, Ron MacFeeters, Dr. Benjamin Neel,
Dr. Warren Mason
For many years, the leaders at the
Princess Margaret Cancer Centre have
wanted to build a world-class research
centre, including a training program,
to complement our renowned clinical
brain tumour centre, The Gerry and
Nancy Pencer Brain Tumor Centre. The
hope is for this research centre to
be a global leader in understanding
the basis for brain cancer as well
as become a testing ground for
experimental therapeutics.
Ron MacFeeters, his daughter
Sheila and his sister-in-law Elizabeth
Hamilton have pledged $5 million
to The Princess Margaret Cancer
Foundation in order to make this
vision a reality.
Ron, Sheila and Elizabeth, like
many Canadians, have been impacted
by cancer, and have learned about the
important work and the compassionate
care at The Princess Margaret. Sheila
supported her father-in-law through
his treatment for liver cancer and
palliative care. Elizabeth received
treatment at The Princess Margaret,
and has been a dedicated financial
supporter for over two decades. She
remembers driving patients to
their appointments back when the
hospital was located on Sherbourne
Street. Sheila has a brain tumour and
participates in clinical research that
might help her and future patients.
This family’s desire to participate
in the longer-term requirements to
conquer cancer is not only generous,
but reflects the understanding that
cancer is complex and that research is
critical.
Ron, the family patriarch and 97
years of age, still has a highly-curious
mind and pursues his appetite for
scientific research by attending
lectures. The Princess Margaret holds
an annual event where our clinicians
and scientists discuss their research
with donors, and Ron is always there,
often with Sheila and Elizabeth,
posing thoughtful and perceptive
questions.
Most of his life Ron MacFeeters has
been known for the delicious honey
butter and other dairy products that
he produced for many years. This
gift will now link the MacFeeters and
Hamilton names to world-leading
research into brain tumours. The
MacFeeters-Hamilton Centre for NeuroOncolog y Research will move us faster
and closer to a better understanding
of how brain tumours begin, how they
can be detected earlier, and how they
can be treated more effectively with
fewer side effects.
Find out more about the MacFeeters-Hamilton Centre for Neuro-Oncology Research at www.pmhf.ca/onlinereport2012
10 2012 Report to Our Donors
Agnico-Eagle Mines Limited
Helping to establish a new standard for
Personalized Cancer Medicine
In addition to delivering
economic benefits, we
seek to participate in
communities and improve
the quality of life by
supporting initiatives
in the areas of health,
education, sports and
culture.
­– From agnico-eagle.com
In 1963, Paul Penna became president including The Princess Margaret.
“The more I learn about The Princess
of Agnico Mines Limited which
Margaret, the more impressed I am,
merged ten years later with Eagle
and grateful that this cancer centre
Gold Mines to create a powerhouse
is here for the people of Ontario,”
in the global gold mining sector. Mr.
says Sean Boyd, President and CEO
Penna spent 33 years in the mining
of Agnico-Eagle. “The hospital’s
business, and he was inducted into
leaders have a clear plan of how they
the Canadian Mining Hall of Fame.
When he died of lung cancer in 1996, will use the money raised through
their Billion Dollar Challenge, and
the board of directors of AgnicoI’m glad that we are one of the first to
Eagle donated $500,000 to The
Princess Margaret in his memory and participate in the challenge.”
Each year for the five years of our
to recognize the outstanding care he
campaign, Agnico-Eagle will donate
received while being treated there.
$1 million to support the highest
The senior management of
Agnico-Eagle also wanted to continue priority for research at the cancer
centre, as determined by the senior
Mr. Penna’s philanthropic legacy.
leaders.
Each year, the company hosts an
In the first year, the funds will
annual golf tournament with the
be directed to the Clinical Trials
proceeds supporting important
Program where new drug therapies
projects in the Toronto community
and other approaches to cancer
care are tested to confirm that they
represent a measurable improvement
over the current standard of care for
patients. Agnico-Eagle’s generous
donation will enable this program to
grow and allow more patients access
to promising new therapies.
In the second year, the funds will
support the Techna Institute which
was recently established at University
Health Network (to which The
Princess Margaret belongs) and the
University of Toronto to integrate and
fast track research, development and
commercialization of new healthcare
technologies. To date, all of the seed
funding required to establish the
Techna Institute has been assembled
by The Princess Margaret Cancer
Foundation.
The Princess Margaret Cancer Foundation
11
They call themselves ‘foot soldiers’
Pancreatic Cancer Canada has raised $1 million for The Princess Margaret
L to R: Betty Aldridge, Dr. Malcolm Moore, Dr. Steven Gallinger, Libby Znaimer,
Laurie Ellies
The National Pancreatic Cancer Canada
Foundation, operating as Pancreatic
Cancer Canada (PCC), may sound
like an organization with offices
in all major cities and speciallytrained staff providing services from
education and awareness-building
to patient support to fundraising.
But co-founders Betty Aldridge
and Laurie Ellies don’t want funds
that could go to pancreatic cancer
research to be paying for office space.
And, they have successfully recruited
support from many other committed
volunteers to help manage their busy
foundation.
They have a national board made
up of volunteers to help set goals
and guide their efforts. One of
their board members is journalist,
broadcaster and pancreatic cancer
survivor Libby Znaimer who, as their
national spokesperson, has also been
instrumental in raising the profile of
this devastating disease.
Starting with the first annual Dick
Aldridge Charity Golf Classic in 2005, and
spreading across the country to walks,
rides, yard sales and ‘purple parties’
in Alberta, Manitoba, Saskatchewan
and Newfoundland, Betty and Laurie
have been the cheerleaders for other
volunteers, and the facilitators for
dozens of events.
The Princess Margaret Cancer
Foundation received $575,000 this
year from PCC, and over the past
five years more than $1 million has
been received from this impressive
organization.
Dr. Malcolm Moore, Head of
Medical Oncology and Hematology,
and Dr. Steven Gallinger, Surgical
Team Leader for Liver and Pancreas,
oversee the clinical research and
treatment protocols for pancreatic
cancer, and they direct the use of
funds received from PCC.
These doctors have tremendous
respect for the selfless work of the
PCC co-founders. Dr. Moore says,
“It is quite amazing what Betty and
Laurie have accomplished. Just a
quick look at their Web site shows
how hard they are working to put an
end to pancreatic cancer. We are very
grateful to be the recipients of these
donations, and we also appreciate
the great encouragement that this
organization provides to us.”
New strategies to detect and arrest a ‘silent’ killer
Dr. Malcolm Moore
Dr. Steven Gallinger
12 2012 Report to Our Donors
The work supported by Pancreatic
Cancer Canada at The Princess
Margaret was initially focused on
early detection. This disease is often
referred to as the ‘silent’ killer, and
studies indicate that, like colon
and lung cancer, pancreatic cancer
actually develops over 10 to 15 years
with the average pancreatic cancer
patient showing symptoms at year 14
or 15, so it is not surprising that very
few cases can be treated successfully
with surgery.
The Pancreatic Cancer Team,
liVing with a sense of urgency
Pancreatic cancer has been a ‘life changer’ for Robert Elliott and Paul Wilson
Robert Elliott, Cancer Survivor
Robert Elliott and his spouse, Paul Wilson, had their lives
turned upside down in late 2010. They were enjoying a
cycling outing in Prince Edward County when Robert
suddenly felt very ill, and Paul thought he look jaundiced.
The next afternoon, he received a diagnosis of pancreatic
cancer.
Robert considers himself very fortunate that within two
weeks of his diagnosis Dr. Sean Cleary of The Princess
Margaret performed a surgical procedure on him called
a ‘whipple.’ This is a complex 12-hour procedure that
involves removing the major organs in the gastrointestinal
system in an effort to safely remove the pancreatic tumour
and then reconstructing the system. Robert came through
the surgery well, and subsequently received chemotherapy
under the care of Dr. Malcolm Moore.
Robert has had a successful law career advising
financial institutions on regulatory matters and corporate
governance, and he has been able to return to his work
part time. Like many cancer survivors, though, he is
focused less on the future and more on living each day to
the fullest. He and Paul have been travelling and enjoying
their family and friends.
Unfortunately, when you are dealing with a disease
that has a five-year survival rate that is still in the single
digits (currently less than 6 percent), you need to have
some serious discussions with your family and loved ones.
Robert and Paul have had those conversations and have
carefully thought through how their combined estate
will be handled on the death of each partner. Robert’s
diagnosis has given them a sense of purpose in terms of
the cause they want to support financially. Research and
education have always been areas of interest to both of
them, and they have made plans to support pancreatic
cancer research at The Princess Margaret through a gift of
half of their estate upon the death of the surviving partner.
View a video of Robert and Paul sharing their thoughts about The Princess Margaret and their planned gift at
www.pmhf.ca/onlinereport2012
led by Dr. Steven Gallinger and
Dr. Malcolm Moore, is also
working on less invasive surgical
techniques, identifying unique
genetic changes in pancreatic cancer
and the development of personalized
treatment for this genetically complex
disease. The team has completed a
number of practice-changing studies
of new drug therapies in localized and
advanced pancreatic cancer. They are
currently examining the effectiveness
of a new drug therapy in combination
with radiation therapy and aggressive
surgery for cases that in the past were
considered incurable. The Princess
Margaret is one of the few centres
worldwide offering this approach.
View a video of Dr. Malcolm Moore and one of his patients at www.pmhf.ca/onlinereport2012
The Princess Margaret Cancer Foundation
13
10 years strong!
10th Weekend to be an event that they
will remember for the rest of their lives.”
‘Extraordinary’ may be an understatement
for many of our participants. These are
men and women who have:
• embraced the cause to end women’s
cancers as their own
• collectively walked over 2 million kms
(50 times around the earth!), and
Johnny Reid encourages
Walkers to ‘Go Higher’…
He’s a 10!
The 2011 Shoppers Drug Mart
Weekend to End Women’s Cancers was
a meaningful and memorable
event for the 4,000+
participants, and it started
with Johnny Reid getting
• raised over $125 million to advance
personalized cancer medicine at The
Princess Margaret through basic science
research, clinical enhancements and
survivorship programs
Kristal Wei, Cancer Survivor
How do you celebrate a decade of
amazingly successful events and thank
over 42,000 people for playing an
active role in conquering cancer in our
lifetime? “That’s what our team has
been working on for over a year,” says
Karen Adams, Director of the Shoppers
Drug Mart Weekend to End Women’s Cancers.
“Our events are successful because
our Walkers, Crew and Volunteers
are extraordinary, and we want the
Our Walkers inspired the ‘I’m a 10’
campaign that has appeared in magazines,
newspapers, TV and in point of purchase
displays. The campaign celebrates alumni
Walkers who helped launch our very first
event, cancer survivors who wouldn’t miss
The Weekend no matter how they feel,
plus the doctors and scientists who are now
familiar faces to our Walkers.
10 years is a major commitment today,
and we look forward to thanking those
special people who have been a part of this
event since the beginning. We also extend
our appreciation to CIBC who has been
the financial services sponsor for 10 years,
and to Shoppers Drug Mart, our title
sponsor.
everyone in the perfect mood
with his inspirational hit
song, Let’s Go Higher. With
tremendous support from our
Honorary Chairs, corporate
and community teams and
sponsors, the ninth annual
Weekend event held in
Toronto raised $9.7 million
to advance The Princess
Margaret’s efforts to conquer
women’s cancers. This event
was the largest walk of its
kind in North America.
View video presentations from Dr. Tak Mak and Dr. Mona Gauthier at www.pmhf.ca/onlinereport2012
Dr. David McCready
14 2012 Report to Our Donors
Dr. Mona Gauthier
Dr. Tak Mak
Dr. Stephane Laframboise
10 Years of Progress in
Ending Women’s Cancers
In the laboratory
A multi-disciplinary research team led by the esteemed
Dr. Tak Mak, Director of The Campbell Family Breast Cancer
Research Institute, has been supported for ten years by funds
from the Shoppers Drug Mart Weekend to End Women’s Cancers. In
that time, the team has published over 480 scientific papers in
high-impact journals, including Dr. Norman Boyd’s seminal
discovery in 2007 of the importance of breast density as a
major risk factor for breast cancer. The team has world-class
expertise in understanding the immune system, and how it can
be manipulated or ‘boosted’ to eradicate cancer. Several clinical
trials in this exciting area of immunotherapy are now underway.
In the clinic
Today the clinics at The Princess Margaret offer breast and
gynecological cancer patients the early detection benefits of
genetic counseling and digital mammography, minimallyinvasive robotic surgery, and rapid (one-day) diagnosis.
Our drug development team participated in an international
clinical trial with results published in the New England Journal
of Medicine indicating one drug’s effectiveness in delaying disease
progression in women with ovarian cancer—the first new
drug in ovarian cancer in 15 years to improve outcome. The
first Canadian study to measure the benefit of adding genetic
sequencing for more precision in the cancer diagnostic process
was launched in several of our clinics in the last year, including
our breast and ovarian clinics.
Helping cancer survivors
embrace good nutrition
Chef Geremy Capone loves his job
and it really shows. He is a big part of
the success in a program launched last
year at the ELLICSR: Health, Wellness,
and Cancer Survivorship Centre called
Survivor’s Kitchen.
Part of Geremy’s job is to research
and create recipes that are healthy,
tasty, inexpensive and easy to prepare,
and seasonal whenever possible. Then
using his delightful presentation
skills, he shows a capacity audience at
the Survivorship Kitchen how simple
it is to prepare healthy meals. “While
I love cooking for people,” Geremy
explains, “I get more joy from
knowing that I’ve inspired people to
appreciate the importance of selecting
fresh and nutritious ingredients and
cooking them in a way that preserves
their goodness. Most people today
want to make healthy food choices,
Back at home…adapting to a ‘new normal’
First established in 2004, the Patient Survivorship Program
is empowering patients through self-management programs.
There are programs that help patients prepare for their surgery,
radiation or chemotherapy; deal with the side effects of cancer
treatment including hair loss, fatigue, memory loss, bone
health, lymphedema; plus the emotional problems and social
issues related to a cancer diagnosis. The team also maintains
a wonderful online community called CaringVoices.ca which
connects survivors from coast to coast and gives them a way to
support one another.
and I want them to prepare their
meals in a way that preserves and
maximizes the nutrient value. At
ELLICSR we are providing the tools.”
“Adopting new healthy habits is not
always easy,” explains Sara Urowitz,
Manager at ELLICSR, “but studies
indicate that those who do fare much
better in terms of energy, positive
attitude and overall wellness.”
View our Report on Women’s Cancers at www.pmhf.ca/rowc2011
for further information on the progress made over the past decade
The Princess Margaret Cancer Foundation
15
The Princess Margaret
launches a new Web site
A cancer centre ranked as one of the
top 5 in the world needs to have a
helpful and easy-to-use Web site to
serve the many communities that
require information. Phase one of the
new site has been designed and created
for patients, researchers, healthcare
providers, students and trainees.
In the new site, patients can
conveniently locate information on:
•their clinic and healthcare team
•clinical trials that may be open
to them
•services available at The
Princess Margaret (including
language-support services,
survivorship programs, support
for pain and other treatment
side effects)
•health information from the
National Cancer Institute
Patients were consulted during the
design phase of the site, and patient
feedback is an important part of the
process for enhancing and updating
the site. Future enhancements will
include online newsletters and tools to
personalize the online experience and
support patient referrals.
Please view the new site at
www.theprincessmargaret.ca and let
us know your thoughts!
A weekend of cycling that
leaves an imprint
“This event is about conquering
cancer in our lifetime, and there
is such a collective passion for that
mission, Riders feel it all weekend
long,” says Steve Merker, Chief
Cycling Officer for The Princess
Margaret Cancer Foundation.
4610 participants in the 2011
Enbridge Ride to Conquer Cancer
continued the passion and raised
$18.5 million for cancer research
at The Princess Margaret.
This event continues to be
Canada’s largest cycling fundraiser
and provides participants with
a wonderful opportunity to
train and do something good for
themselves while raising money
for a world-class cancer centre
that is working on tomorrow’s
treatments today. Through this
event, many participants have
re-discovered the health benefits
and joy of riding a bicycle.
The 2012 event offered
participants multiple routes and
starting points, and riders who
had participated in the event five
times received a special ‘gold’
helmet in recognition for their
contribution and support of
The Princess Margaret.
View videos highlighting what The Enbridge Ride to Conquer Cancer
means to participants at www.pmhf.ca/onlinereport2012
16 2012 Report to Our Donors
A new group of
fundraisers ‘are in’!
At The Princess Margaret Cancer Foundation, we
believe that CONQUER CANCER IN OUR LIFETIME
is more than our vision. It is a movement, and we are
building the momentum for that movement. To involve
as many people as possible, we have created a wide range
of opportunities for people to help us fundraise by doing
things they love to do. Last year, we embraced Canada’s
most cherished pastime and launched Road Hockey to
Conquer Cancer, a day for weekend hockey warriors to
get together with friends, grab their sticks and put the
orange ball in the net. In between games, participants
enjoyed musical acts, celebrity appearances, interactive
activities, and great food and beverages.
Thanks to terrific support from our title sponsor,
Boston Pizza, and hockey celebrities including Don
Cherry, Jeremy Roenick and Scotty Bowman, the
event was a huge success and became the world’s largest
road hockey fundraiser ever held. There were 1576
L to R: Scott Morrison (Sportsnet), Don Cherry, Peter Goodhand
(formerly of Canadian Cancer Society), Paul Alofs, Tyler McGregor
participants—many of them hearing about the important
cancer research at The Princess Margaret for the first time—
and collectively they raised $2.8 million.
In partnership with the Canadian Cancer Society,
Road Hockey to Conquer Cancer has expanded to Vancouver
and Edmonton in 2012 and plans are underway to expand
across Canada.
Game on!
View a game day highlight video at www.pmhf.ca/onlinereport2012
Dr. Tony Finelli is scoring goals for kidney cancer treatment
Back in 1958 at The Princess Margaret,
a physician by the name of Vera Peters
pioneered a new approach to breast
cancer surgery which is known today
as lumpectomy—a procedure that is an
alternative to mastectomy and conserves
as much healthy breast tissue as possible.
Hundreds of thousands of women have
benefited from this surgical enhancement.
Dr. Tony Finelli is a leading surgeon
and urologic oncologist, and he is
conducting research to determine if
partial nephrectomy, first introduced
to treat kidney cancer in the 1980’s,
represents a preferred alternative to radical
nephrectomy (removal of entire kidney)
for most kidney cancer patients. Similar
to lumpectomy, a partial nephrectomy
preserves as much of the patient’s healthy
tissue as possible which is better for their
long-term health, especially for those who
suffer from other medical conditions such
as diabetes or high blood pressure that
effect kidney function.
His original research has shown that
between 1995 and 2004, only 10 percent
of the surgeries performed to remove
kidney cancer were partial nephrectomies.
Furthermore, patients with diabetes or
high blood pressure were as likely to have
radical nephrectomy as they were a partial
nephrectomy. Through his research, his
academic publishing, and through his
national and international teaching, Dr.
Finelli is providing the information and
the instruction to encourage both patients
and doctors to fight to save as much kidney
function as possible.
See why Dr. Finelli enjoys Road Hockey to Conquer Cancer at www.pmhf.ca/onlinereport2012
The Princess Margaret Cancer Foundation
17
Finding potential leukemia
drugs that may be hiding
in plain sight
Dr. Aaron Schimmer has developed
a specialty in the area of ‘drug
recycling’—applying old drugs in new
ways. Most recently, in October 2011,
he and his team published research
in the journal Cancer Cell. It described
how they tested 500 drugs approved
for use in humans for their efficacy
against leukemia cells and leukemia
stem cells.
One drug in particular, called
tigecycline, an antibiotic used to treat
skin and abdominal infections, was
found to be quite potent in destroying
leukemia stem cells by cutting off the
cell’s energy production.
“If you think of all the cells in the
body as a power grid, we’ve discovered
that tigecycline can cause a power
outage in leukemia stem cells, while
still keeping the lights on in all the
healthy cells,” says Dr. Schimmer, a
clinician scientist at The Princess
Margaret.
Dr. Schimmer also credits the
technology that they were able to use
as a major part of the success. A highspeed, pipette-handling robot tested
varying doses of each drug to see if
any affected leukemia cells.
18 2012 Report to Our Donors
Lotteries Turn on Light
Bulbs (literally!)
Since 1996, the Princess Margaret
Lotteries have been the largest
source of undesignated funding
for cancer research at The
Princess Margaret—over $237
million to-date. In that time, 212
real estate prizes and millions of
other prizes valued at more than
$356 million have been given away.
In 2012, a new option was
introduced to our lottery
purchasers—a 5-pack—5 tickets for
$375. With this new option, the
Home Lottery sold more tickets
than any other Princess Margaret
Lottery, netting more than $10.3
million.
The leader for basic science
research, Dr. Benjamin Neel, and
for clinical research, Dr. Mary
Gospodarowicz, determine the
highest priorities for this funding
each year. Dr. Neel explains,
“Every donor dollar we receive is
put to good use at The Princess
Margaret, but the lottery funding
maintains the heartbeat of our
operation. We rely on it year
after year to take care of essential
requirements, from keeping the
lights on in our labs to paying for
the refrigeration of our tumour
samples to allowing us to recruit
some of the top scientists in the
world to conduct their work here.”
Next up
Golf To Conquer Cancer presented
by Harry Rosen is The Princess
Margaret Cancer Foundation’s newest
event, and planning is underway to
ensure the event has appeal to golfers
of all levels in communities across
Canada, as well as strong support
from the golf industry. The inaugural
event will run in the summer of 2014.
The event will run coast to coast
with the goal of uniting thousands of
golfers and hundreds of golf courses
to help conquer cancer. The format
of the event will be The 4-Club
challenge - 4 players, 4 clubs, 4
hours, 4 cancer. We are very grateful to have Harry
Rosen, Canada’s leading menswear
retailer, as our national presenting
sponsor and the National Golf Club
Owners Association as the primary
Canadian golf industry partner.
The needle in the haystack has been found (at least one of them!)
For the first time since stem cells were
discovered at The Princess Margaret
over 50 years ago, Dr. John Dick,
Senior Scientist, and his team have
isolated a human blood stem cell in
its purest form – as a single stem cell
capable of regenerating the entire
blood system. This breakthrough
opens the door to harnessing the
power of these life-producing cells
to treat cancer and other debilitating
diseases more effectively.
This discovery is the one Dr. Dick
has personally been seeking ever since
1988 when he developed the first
means of studying human blood stem
cells. “Ever since stem-cell science
began,” says Dr. Dick, “scientists have
been searching for the elusive mother
lode – the single, pure stem cell that
could be controlled and expanded in
culture prior to transplantation into
patients.”
The discovery was enabled by
hi-tech flow cytometry technology:
a process that rapidly sorts, sifts
and purifies millions of blood cells
into meaningful bins for scientific
analysis.
“With Personalized Cancer Medicine…it is equally important to know when NOT to
give the treatment”
Fifteen years ago, Dr. Tony Fyles and
his colleagues including Dr. FeiFei Liu, now Head of the Radiation
Medicine Program at The Princess
Margaret, conducted a randomized
clinical trial to determine if 760
node negative breast cancer in order
post-menopausal women with early
to prevent local recurrences.
stage lymph node negative breast
Today, armed with new knowledge
cancer really required radiation
about the molecular drivers of cancer
therapy in addition to being treated
and the different sub-types of breast
with Tamoxifen. ‘Lymph node
cancer, Dr. Liu and her team are now
negative’ is a strong indicator that
posing the same question.
the cancer has not yet spread to
Based on the results thus far, Dr.
other parts of the body and so is less
Liu believes that post-menopausal
aggressive. Tumour samples were
women with node negative luminal
collected from the women, and
A sub-type of breast cancer—
these samples are still available to
researchers today for further analyses. particularly those over the age of 60—
may not require radiation therapy as
The overall conclusion of this trial
part of their standard treatment.
was that breast radiation therapy was
still needed by women with lymph
View video presentations by Drs. John Dick and Fei-Fei Liu at www.pmhf.ca/onlinereport2012
The Princess Margaret Cancer Foundation
19
Henry Fu-Kwok Lui lived life to its fullest
He told his children to keep dancing, keep laughing, keep loving
(barbeque chicken wings were his
specialty!), time with his children
and grandchildren Tyler and Nate,
enjoying time with his friends, good
jokes, and he also planned wonderful
vacations with his family, from skiing
and golfing, to cruising the Baltic and
exploring Asia and Europe, to deep
sea fishing for tuna and salmon with
his son.
In the eulogy prepared by his son
Greg, Henry’s love of family was a
major theme. Here is a small excerpt:
The Lui family has so many wonderful
memories of their time with Henry
as husband, father and grandfather.
It was the simple things he treasured
the most—eating and cooking
Sadly, Henry was diagnosed with
esophageal cancer in 2010 and died
9 months later at the age of 63. His
family was amazed at the courage,
strength, and sense of humour he
showed to his very last breath.
The family has made The Princess
Margaret, specifically the research
work of Dr. Lillian Siu and Dr. John
Waldron, the beneficiary of 143 gifts
totaling over $37,000 donated in
Henry’s memory.
My dad was always there for us, whether it
was helping my sister Elaine with the grandkids,
watching me play sports, or making sure that my
mom got first pick—whether it was the best piece
of fish, the freshest oyster, or the greenest veggies.
The relationship between my mom and dad is
what I have set as the gold standard.
View a video of photos highlighting special memories for the Lui family at www.pmhf.ca/onlinereport2012
With every house she sells, she helps
The Princess Margaret
Mary Carson is a successful real
estate broker, and for almost 10
years she has made The Princess
Margaret a direct beneficiary of her
business success. “This ‘win-win’
approach to my work has made it
even more satisfying. We all need
to do our part to ‘heal the world’,”
says Mary.
For each of her sales, Mary
makes a donation to support cancer
research at The Princess Margaret.
“Everyone is touched by cancer in
some way, and by making a donation
20 2012 Report to Our Donors
to this world-leading cancer centre, it
is a meaningful way for me to thank
my clients for their business and to
help the hospital.”
Mary stays current with the
progress being made at The Princess
Margaret by attending an annual
tea held for donors who are part of
the Foundation’s Inner Circle. “I
am proud to be a part of this group,
and truly hope that my efforts will
contribute in some small way to
bringing an end to cancer in our
world,” she concludes.
This year’s Dove Campaign took flight!
The dove is a beautiful symbol of
hope, and it has provided inspiration
for our largest annual giving
campaign for over 10 years. This
year’s campaign began with the
release of live doves, and it was a
special way to launch a campaign that
involves so many of our most loyal
supporters.
The 2011 campaign had a very
broad reach with support from two
media partners. CHCH TV and
ZoomerMedia Ltd. both broadcast
interviews with cancer centre staff,
scientists and patients. Anyone
with a close connection to The
Princess Margaret knows that good
progress is being made in detecting
cancer earlier and treating it more
successfully, and these interviews
were an effective way to share this
optimism with a wide audience.
This year’s campaign honoured the
memory of Lindsay Thomas who sadly
lost her fight with lung cancer at just
31 years of age. As a young, fit, nonsmoker, she is a stark reminder that
no one is immune from this disease.
This year’s campaign inspired over
7,200 people to give to The Princess
Margaret for the very first time, and
$1.1 million was raised in total.
View highlights of our Dove Campaign at www.pmhf.ca/onlinereport2012
“Cancer is torture, sometimes”
Delia Deacon’s thoughts about the disease that affected her mother
If you are a parent of young children
and being treated for cancer, you have
the additional worry about the impact
of your disease on them. How much
do you tell them? Do you let them see
you feeling vulnerable? Do you let
them see your bald head?
Andie Duncan has been treated
for cervical cancer at The Princess
Margaret, and she and her husband
Andrew Deacon have naturally been
concerned about their son Bodie (10)
and daughter Delia (8). The good
news, as they found out, was that
Bodie and Delia had already learned
that you feel better about something
bad when you do something helpful.
On Thanksgiving weekend at
their cottage on Christian Island,
they came up with the idea of selling
their toys door to door to raise money
for cancer. They enlisted the help
of their friends, Wally, Sophie and
Charlotte, and their cash register
was a plastic margarine tub. Their
plan: “Certain toys had a price, but
for all the others, it was ‘pay what
you can’, but it had to be at least ten
cents!” Through their hard work and
excellent pricing, they raised $148.01
for The Princess Margaret.
The Foundation staff was delighted
that the children delivered their
donation personally. It confirmed
what we all believe–everyone can do
something to help conquer cancer!
The Princess Margaret Cancer Foundation
21
Special events
Oakdale’s Golfing Fore The
Cure
Taylor Cup Pond Hockey
Championship
Harry’s Spring Run-Off
The Gerry & Nancy Pencer
Brain Trust Events
$50,000 - $99,999
aWEARness Giving Voice to the
Whispers
Dance to Conquer Cancer
$1,000,000+
Joe’s Team Triathlon
Run or Walk to Conquer Cancer
$250,000 - $999,999
Dance to Conquer Cancer - Disco Days
and Boogie Nights
Harry’s Spring Run-Off
$100,000 - $249,999
Alex and Simona Shnaider’s Holiday
Party
Grimm’s Agnico-Eagle Mines
Invitational
Kelly Silverstein Memorial Golf
Tournament
Lunch with Margaret & George
BRA (Breast Restoration Awareness)
Event
Charles Krowitz Woodchuck Golf
Classic
Dorchester Walk of Champions
Festa das Amigas/Circle Of Friends
Friends For Life
Maple Downs Ladies Annual Pro-AM
Tournament
MIA Golf Tournament
Mindy Kirsh Memorial Bridge to the
Cure Tournament
Up to $24,999
4th Annual Golf Fore A Cure
4th Annual ODA President’s Cup
6th Annual BBQ Cookout
A Bruce Trail Run For Cancer
A Christmas Wonderland
A Diva Night
A Journey to Heal
Al Humphrey Memorial Ride
Bowl 4 A Cure: In Honour of Douglas
Esteves
Breast Cancer Patient Care Event for
Princess Margaret
Canadian Computer Charity Golf
Classic
RACH 3-Pitch Tournament
Cancer Sucks
The Joe Di Palma Foundation Gala
Caralyn’s Benefit
Toronto Fire Fighter Calendar Events
Caregiver Christmas Party & Charity
Pageant
$25,000 - $49,999
A Cure in the Future
B-Strong Bash
Freed Charity Golf Classic
Heidi’s Golf Classic
Kathy Morrison Memorial Golf
Tournament
Lifford Boys’ Night Out
Mosaic 25th Celebration
National Chinese Music & Opera
Concert
Pickle Barrel Golf Tournament
22 2012 Report to Our Donors
Stayin’ Alive Disco Party
Most Wanted Fashion Show
BLJC Charity Golf Tournament
Joe’s Team Triathlon
Spin 180 Spinning for a Cure!
Show We Care Fashion Show & Gala
Cheryl’s Hope Golf Tournament
Chiros Care Foundation
Cindy Fights Cancer
Colin & Stuart’s Walk
Crop For The Cure
Daniela Del Rosso Events
Palmer Bros. Charity Golf Tournament
Dan’s Backyard BBQ - Sheehan Family
Pearl Dragon Imports Sales
Debbie’s Haircut For Cancer
Phelpston Falls Relay
Delta Pi Sorority - Ribbon & Roses
Charity Auction
Pink Lady Sales
DeMedeiros Family BBQ
Dime A Day Charity
Donna Greenberg`s Evening of Song In
Support of PMH
Dufferin-Peel Catholic Dist. School Golf
Tournament
Ernie Tourney
Events for Alicia
Firefighters Against Cancer’s Existence
(F.A.C.E)
Pink Tree Walk to End Breast Cancer
PMH Pharmacy Calendar Sales
Power 2 Cure
Predictive Success Charity Gala
Ratech Golf Tournament
BRA (Breast Restoration Awareness) Event
Rebecca’s Hope
The Joan and Weldon Levine and
Family Events
Rebecca’s Hope Parrish & Heimbecker
Golf Tournament
The Lite King Lamp Sale for Cancer
Research
Ride for Heart/Ride for Ed
Think Pink On The Runway
Running for B-RETT
Firefighters Combatting Cancer
Sarah Swims for Cancer Research
Todd Wonacott Memorial Curling
Tournament
Fish On TV - Celebrity Fish Tournament
Saving Canadian Prostates - 4500
Kilometers at a Time
U of T Campus Police
Golf Tournament
Select Wine Neck Tag Donations
Urban Adventure Race To Conquer Cancer
Flemingdon Park Annual Club
Tournament
Friends Forever
Skate4Cancer
Fun-Raiser (Comedy Show)
SOCAN’s Halloween Bake Sale
Gail Phillips Memorial Golf Tournament
Spring Ahead! (hair by david salon)
Gala Opening Night in Honour of Diane
Rosenthal When The Reaper Calls
Stag Night - George Popalis
Tammy Landau Events
Garage Charity Sale
The Big Chop
High Park Fire & Ice Bonspiel
Hobbs Family Golf Tournament
The Gary Warner Memorial Golf
Tournament
In Memory of Yvonne Bacchus
The Genome Project
Jo-Ann Cooke Family Foundation Gala
The Jack B Elie Memorial Golf
Tournament
Judy Taylor Golf Tournament
Wings of Life
WM - Waldenstrom’s
Macroglobulinemia
Events
Women Fight For The
Cure
Wyatt Pellew Tennis
Tournament
In memory of
MIchelle Temple
Yiannis Kapoulas - CD
Sales
York Memorial Walk
Zumbathon
Kara’s Hair - Be Gone
Katie Kicked Cancer
Kevin Brillinger Memorial Golf
Tournament
Kristin’s Head Shave for Cancer
Men in Uniform Speed-Dating
Meredith Marks Jewelry at The Avenue
Mike Dickinson Grey Cup Benefit Party
MMSL Soccer All Black Affair
MODA XX 20th Anniversary Reunion
Motorcycle Ride for DAD
My Sky Boutique Sales
Narci Mastroianni Memorial Golf
Classic
Gerry & Nancy Pencer Brain Tumor Centre Disco Event
The Princess Margaret Cancer Foundation
23
Turning up the temperature
in February!
Phase II drug testing
contract renewed
Led by Dr. Amit Oza,
The Princess Margaret
has successfully renewed
its contract with the U.S.
National Cancer Institute to
design, develop and conduct
early phase clinical trials of
drug therapies sponsored
through the Institute’s
Cancer Therapy Evaluation
Program. As a contract
holder since 2001, and the
only non-U.S. site funded,
The Princess Margaret is
pleased to be able to provide
patients with rapid access
to the newest and most
promising anti-cancer
therapies.
A new annual event for the
Foundation—Dance to Conquer Cancer—
kicked off in February of 2012,
and promises to be a highlight for
all those who love to ‘move to the
groove’! The organizing committee,
co-led by Mary Shechtman and Hinda
Silber, created an event jam packed
with celebrity entertainers, great food,
a fabulous silent auction plus raffle
prizes, and hair and make-up experts.
Held at the Paramount Conference
& Event Venue …this event raised
$500,000 and truly rocked!
L to R: Paul Alofs, Mary Shechtman, Richard
Simmons and Hinda Silber
Fitness guru Richard Simmons
and dance sensation Blake McGrath
made sure that over 500 dance
participants worked up a good sweat
during the ‘disco day’ and met the
challenge of 10,000 steps in 4 hours.
Then the ‘boogie night’ climaxed
with music icon Gloria Gaynor who
concluded the event with her massive
hit, I Will Survive—a song that certainly
struck a chord with an audience
focused on raising funds to conquer
cancer in our lifetime.
Blake McGrath and Gloria Gaynor
View a video highlighting the great fun and energy of this fantastic event
at www.pmhf.ca/onlinereport2012
24 2012 Report to Our Donors
Run or Walk to Conquer Cancer
Supporting over 50 areas of The Princess Margaret
Toronto now has two major marathons—GoodLife
Fitness Toronto Marathon in the Spring and Scotiabank
Toronto Waterfront Marathon in the Fall—and last year,
over 1500 people participated in one or both of these
events specifically to raise funds for The Princess
Margaret. Over $1 million was raised in total by these
participants and over 50 areas of the cancer centre
received support, including the Wig Salon, Dental Clinic,
Gerry & Nancy Pencer Brain Tumor Centre, Healing Beyond
the Body Program, and the Molly and David Bloom Chair in
Multiple Myeloma Research.
“Many patients and their families take advantage
of this event to honour their doctor or nurse or to
financially support a particular program that has been
of benefit to them personally,” says Janice Achampong,
manager of the event for the Foundation. Because Run
or Walk offers several options for participating—from
5K to a half or full marathon—it allows:
•entire families to participate together
(including patients who need to use walkers
and wheelchairs)
•individuals to challenge themselves over a
longer distance, or
•a group of friends to get together in honour of
a cancer patient and do something worthwhile
Two of the largest teams in the event—Head for
a Cure (in support of the Pencer Brain Tumor Centre)
and Multiple Myeloma: M-Moving Together Toward the
Cure—are groups that have come together to support
one another through cancer treatment, and together
they are doing their part to ensure that The Princess
Margaret remains one of the top 5 cancer research
centres in the world.
The Princess Margaret selected as member site for cancer immune
therapy trials
The Princess Margaret Cancer Centre has
been selected as one of 27 institutions, and the
only institution outside of the United States, to
participate in the Cancer Immunotherapy Trials
Network, funded by the U.S. National Cancer
Institute. Led by Dr. Pamela Ohashi, The
Princess Margaret will conduct phase I and II
clinical trials that focus on using new therapies
and approaches to improve the ability of the
patients’ own immune systems to fight cancer.
The Princess Margaret Cancer Foundation
25
Doing Lunch with Margaret & George
Lunch with Margaret & George was a
new event held last November that
raised needed funds for The Gattuso
Rapid Diagnostic Centre at The Princess
Margaret. The event was co-chaired
by George and Lisa Corbo, and
Emmanuelle Gattuso was the
Honorary Patron (she also made the
original introduction of ‘Margaret to
George’ and created the intriguing
name).
Toronto’s most fashionable
gathered at Scarpetta, and chef Scott
Conant provided a sumptuous lunch
(including his legendary polenta!).
After lunch, an electric violin
performance set the stage for Giles
Deacon’s dramatic spring collection
showcased atelier style. More than
$100,000 was raised for the Centre,
and Emmanuelle and her husband,
Allan Slaight, matched that amount
for a total contribution of $200,000.
We’re delighted that ‘Margaret &
George’ are doing lunch again next
year. Plans have been confirmed
to bring Derek Lam to Toronto to
present his collection at the newlyopened Shangri-La Hotel!
L to R: Lisa Corbo, Emmanuelle Gattuso, Giles Deacon, George Corbo
The generous life of Kelly Silverstein
continues to be celebrated
Kelly Silverstein dedicated his
life to helping others, putting his
heart and soul into every cause
he was passionate about. So when
Kelly died in November 2006
at the age of 42 (just 4 days after
he was diagnosed with leukemia),
a terrible loss was felt in his
community.
His wife Jill, children Oliver and Jonah, family
and friends decided to carry on his legacy of giving
by organizing the annual Kelly Silverstein Memorial Golf
26 2012 Report to Our Donors
Tournament. The event, which most participants consider
the best golf tournament they play in every year, is a
tribute to Kelly’s spirit of FUNdraising.
“Kelly would be so happy to know that his friends
and family are having fun while remembering him, and
raising vital funds to support leukemia research in his
honour,” says Kelly’s wife Jill.
The golfers and supporting sponsors have raised over
$800,000 in six years. These funds are used to recruit
and train a medical Fellow at The Princess Margaret who
is helping to deepen our understanding of leukemia and
develop the next generation of treatments and therapies.
OUR DONORS
The following donor list shows gifts received and pledge payments made through all fundraising activities during the
fiscal year April 1, 2011 to March 31, 2012.
In the interest of cost-effective production of this report, a more complete donor list is published with our online
Report to Our Donors which you can find at www.pmhf.ca/onlinereport2012.
denotes donors whose giving includes an estate gift
♦ Visionary
$5,000,000+
The Campbell Family
Allan Slaight and Emmanuelle
Gattuso
Pioneer
$1,000,000 – 4,999,999
Agnico-Eagle Mines Ltd.
Boehringer-Ingelheim (Canada)
Ltd.
Ronald MacFeeters, Sheila
MacFeeters and Elizabeth
Hamilton
Margaret and Wallace McCain
Champion
$500,000 – 999,999
In Honour of Al Hertz
National Pancreatic Cancer
Canada Foundation
♦
W.Patrick J. Neal and Deanna I.
Neal
Radiation Oncologists - PMH
Innovator
$250,000 – 499,999
Molly and David Bloom
Canadian Cancer Society
David and Lynn Coriat
Enbridge Gas Distribution
Bruce Galloway
In Honour of Melissa Ann
Katzman
International Union of Operating
Engineers Local 793
Merck Canada Inc.
The Muzzo Family
Play in Support of Cancer
Research Hold’em For Life
Charity
RBC Foundation
Sir Mortimer B. Davis Jewish
General Hospital
Gordon Tozer
♦
In Honour of Betty Florence
Turnbull
Leader
$100,000 – 249,999
Nicolette Bledin
Boston Pizza International
CIBC
Coco International Inc.
The Gerry and Nancy Pencer
Brain Trust
Greenpark Homes
Gucciardi Family
Harry Rosen Inc.
Haynes Connell Foundation
♦
Mildred Herzog
♦
Pauline Hicks
Imperial Oil Foundation
♦
Ramona Rull Karson
The Allan Kerbel Family
♦
Ann Macaulay
Michael Albert Garron
Foundation
Ontario Financial Services
♦
Galina Ozols
♦
Pamela Ann Roberts
RBC
sanofi-aventis
Scotiabank
Shoppers Drug Mart
Ian Tannock
Edward G. Thompson
Jack and Anne Weinbaum and
Family
Family and Friends of Lusi Wong
Partner
$50,000 – 99,999
Afexa Life Sciences Inc
All-Connect Logistical Services
Inc.
Jack and Patricia Barclay
Karen and Bill Barnett
Marvin and Linda Barnett
BMO Financial Group
Canadian Health Services
Research Foundation
Cancer Care Ontario
♦
Gary Birchmore Carter
♦
James E. Chamberlain
♦
Mary Chapman
Tom and Karen Ehrlich and
Family
Front Street Capital
Ann Gallie
GMP
Norine Griffin
IAMGOLD Corporation
Janssen Inc.
The Joe Di Palma Brain Tumor
Pediatrics Foundation
Phyllis and Samuel Kauffman
McMaster University
Joanne Nemeroff
Jon Nix
Joan Paliwoda
Gerald Panneton
Patrick Hodgson Family
Foundation
PMH Dental Associates
The Posluns Family
♦
Maneck Sanjana
Michael Storfer
Joey and Toby Tanenbaum
Adrian Tauro
Allan and Shirley Taylor
Irving Tissue
University of Toronto
Joseph Vitale and Daniela
Botto-Vitale
Walmart Canada Corp.
Ym Inc. (sales)
Builder
$25,000 – 49,999
Violet Adair
Agardy Glass & Aluminium Inc.
Joseph and Morena Agueci
Apotex Foundation
The Asaro Family
Asbestos Workers Local 95
Beach and Associates Ltd.
Doug Bell
Ben and Hilda Katz Charitable
Foundation
Michael Benjamin and Family
BLJC
Stephen and Linda Boutilier
Peter and Judith Bowie
Ronald Bresler
The Bridle Bash Foundation
Buchan Family Foundation
Canadian Mesothelioma
Foundation
Canso Investment Counsel Ltd.
Cardano Risk Management B.V.
Gail and Irving Cooper
May and Ken Copland
Cormack Securities Inc.
L.E. Cotterchio
Datalinks Enterprises Limited
♦
Peter Allan Deas
Desjardins Financial Security
Primo I. Di Luca
♦
E.L. (Ted) Donegan
Friends for Life
G.A. Paper International Inc.
David Garofalo
George and Helen Vari
Foundation
Giovanni and Concetta Guglietti
Family Foundation
♦
Michael and Libby Goldgrub
Pearl Goodman
Goodmans LLP
The Grand Chapter of Royal Arch
Masons of Canada
Cathy Hale
Charles Hantho Family
Glenn Hunnings
Carlos Jardino
The Jarislowsky Foundation
JE Fininvest Inc.
Jilla and Robert Williams
Foundation
Gerald and Paula Kirsh and
Family
KPMG Foundation
Lamarche Family Foundation
Stephen Letwin
Local 67 - United Association of
Journeymen & Apprentices
Longo’s Family Charitable
Foundation
Macquarie Group Foundation
Ltd.
The Mariano Elia Foundation
Rick Marshall
♦
Ken A. McLean
Lazo Mikijelj
Tania Molinaro
Motley Rice LLC
Mount Sinai Hospital
The Norman and Marian
Robertson Charitable
Foundation
♦
Ursula Margot Ollesch
Paladin Labs Inc.
Margaret S. Preston
Chris S. Purkis
Roche Canada
♦
Maria Sherma Samuel
The Schneider Family
Foundation
S.O. Asher Consultants Ltd.
Sugoi Performance Apparel
Suzy’s Inc
TD Bank Financial Group
TELUS
Tesari Charitable Foundation
Nevil and Susanne Thomas
♦
Susan O’Neill Tsicrycas
Pat Nichols and Bob
Tundermann
Paul Waitzer
Tracey Wilder
Ronna Winkler
Young Nam Yoo
The Princess Margaret Cancer Foundation
27
Friends
$10,000 – $24,999
Thank You
Jason Brass
Jason has a strong family
connection to the Princess
Margaret Cancer Centre.
His father was treated here
for gall bladder cancer, and
while he did not win his
battle with the disease, he
made the decision to help
The Princess Margaret
become one of the world’s
leading cancer drug
development centres. The
Robert and Maggie Bras and
Family New Drug Development
Program is the hub of the
clinical drug development
and testing efforts today.
Jason is an Honorary Chair
for Road Hockey to Conquer
Cancer, and continues to
lead the way as one of the
event’s top fundraisers and
lead ambassadors. As the
owner of two Boston Pizza
franchises, Jason has rallied
his employees & suppliers,
activated local communities
and encouraged many to
contribute to this fun and
worthwhile event.
28 2012 Report to Our Donors
1135427 Ontario Ltd.
A Cure, For Life Group
A.K.A. New Media Inc.
Leonard and Marcy Abramsky
Acier Wirth Steel
Allied Nevada
The Alofs Family
Keith Ambachtsheer and Virginia
Atkin
Paula Almeida
John Aquino
Paul Atkinson
Brian Aune In Honour of Brian
Steck
Herman Auslander
A. C. Baillie
Family of Matthew W. Barrett
Stephen Belgue and Michelle Di
Carlo
BFI Canada Inc
The Big Foundation
Diana Billes
Herb and Fran Binder and
Family
Joel Binder
BionX Canada Inc
The Bitove Foundation
Black & McDonald Ltd.
Electrical & Mechanical
Contractors
BloombergSenInvestment
Partners
Sherry Bourne
Sean Boyd
Rosa Braga-Mele
Jason Brass
Tanya and Paul Braun
David and Paula Butterfield
The Calgary Foundation and the
Leonard and Faigel Shapiro
Family Fund
Canadian Uro-Oncology Group
Carpenters District Council of
Ontario
John and Mary Cassaday
John and Nina Cassils
Johnson & Johnson Inc.
Celgene Inc.
Central Ontario Healthcare
Procurement Alliance
Centre Hospitalier De
L’Universite De Montreal
Rob Chan
Charities Aid Foundation
America
Evaronda Chung
Coca-Cola Enterprises Inc
Arthur and Harriett Cohen
Credit Suisse Securities Inc
R. Cudney
Harry Daniel
Raymond Danniels
Larry Davidson
Garry DeGeer
Paolo D’Elia
Peter Dey
Diversified Business
Communications - Canada
Paul and Teresa Dykeman
E S Fox Ltd
Morton and Gail Eisen
Eli Lilly Canada Inc.
Robert Elliott
Empire Company Limited
The Faas Foundation
Fantasy Creations
Agnes Faraci
Hamid Fathi
Enrique and Lilly Fenig
Fidelity Investments
Fiera Foods Company
Fowler Construction Company
Limited
Franklin Templeton Investments
Ron and Hedy Frisch
Danielle Garner
Gerry and Caren Ruby Family
Foundation
♦
Diana Gillespie
GlaxoSmithKline Inc
Shawn and Lori Goldenberg
Sheila C. Goldenberg
Graham Munro Charitable
Foundation
Melanie Green
Daniel Greenglass
Pierre Greffe
David Gurofsky
Gerald Haberer
Murray Hart and Jill Kamin
Janet and Peter Herman
Jeffrey and Elizabeth Herold
Joan R. Hickey
Highfield Holdings
Andrew and Leslie Hoffman
Holistic Health Research
Foundation of Canada
♦
Frances M. Holland
Aaron Hong
Mildred Hope
Marilyn Hosang
HSBC Securities
Indigo Books & Music Inc.
Intact insurance
The Ira Gluskin and Maxine
Granovsky Gluskin Charitable
Foundation
Munir Issa
Jack Cole Investments Limited
Evelyn Jacobs
Genifer Jameson
Jay Electric Ltd
JBS Foundation Inc.
Stephen Johnson
Martin Kelman
Farsad Kiani
Kinross Gold Corp.
Richard and Debra Knowles
The Koffler Foundation
Krauss Family Charitable Trust
Kwitman Family Foundation
Gordon and Joyce Lackenbauer
Neal Lee
Andrew and Elaine LeFeuvre
Leon’s Furniture Ltd.
Karen Levy
Lions Unite for Sight Gala
Gary Lipovetsky
Lloyd Carr-Harris Foundation
Loblaws
Sydney Loftus
Gerald Lozinski
Sandy and Bart MacDougall
Mack Mechanical Solutions Inc.
John and Gail MacNaughton
Karen Maidment
Manulife Financial
Michael Marcello
Emile Marino
Marjorie Allan Foundation
Ellen Marr
♦
Frances Henrietta Martel
Stefanie Martin
The Master Insulators
Association of Ontario Inc.
Hugh McCauley
Tom and Lynn McCulloch
McKinsey & Company
MDC Partners Inc.
Mechanical Contractors
Association of Toronto
Jim Meekison and Carolyn
Keystone
Lois Michaels
Milli Ltd
Mark Mincer
Bruce Moore
♦
David Moore
Gary and Alessandra Morassutti
♦
Maureen Morawetz
Stephen Morson
Karen Moscovitz
Stephen Moss
MTS Allstream
William and Sandy Myers
James Nicol
Stacie Noel
NORCO Products Ltd
The Norman and Margaret
Jewison Charitable
Foundation
Allan Offman
ORC Foundation
Desmond and Pamela O’Rorke
♦
Veronica Maria Pasquale Cann
Rose Patten
Brian Pendleton and Chad
Goldman
Performance Group of Funds
Rose Pirri
The Polar Foundation
Andrew and Valerie Pringle
Robert Prittie
Pro Hockey Life
The Prostate Cancer Fight
Foundation
Penny Ralph
Ann Rastin
Ratech Electronics Ltd. In
Honour of Frank A. Rago
RioCan Management
Helaine and Lionel Robins
Ken Robins
Michael Rolland
Barrie Rose and Family
Rosen Family Foundation
Richard Ross
The Royal College of Physicians
and Surgeons of Canada
Carol Rykert
Thank You Theo Borg
Theo is a dedicated volunteer at The Princess Margaret, and
she has also helped to raise hundreds of thousands of dollars
in support of the cancer centre and in memory of her beautiful
daughter Rebecca who was lost to leukemia at the age of 21. Theo
inspires the staff at the Foundation who love it when she visits
and appreciate the creativity, dedication and effort required to
organize so many successful golf and hockey tournaments over
the past 8 years, with a few dinner cruises thrown in as well!
She gets her inspiration from her daughter who, at such a young
age, was able to accept an incurable cancer diagnosis and move
forward with her loving and caring spirit—Rebecca’s Hope.
Salesforce.com Foundation
Saputo Foods
♦
Vlasta Scheybal
Select Wine Merchants Corp.
♦
Anne Shanahan
Shawneeki Golf Club
Sherman Foundation
♦
Gerard Smith
Smith Share Foundation Inc.
Stephen Snyder
Sobeys Inc.
The Sobey Foundation
Eric and Vizma Sprott
St. Joseph Printing
Donna Steck and Family In
Honour of Our Beloved
Husband and Father Brian
Steck
Stornoway Diamond
Stracor Inc
Strike Out Cancer
Sudbury Regional Hospital
Kaizer Suleman
Kevin M. Sullivan and Family
Swiss Chalet
Joan and Kenneth Taylor
Tomkins Corporation Foundation
The Toronto Crown & Bridge
Study Club
♦
Philip Torno
Trinity Development Foundation
Philip Turk
♦
Elma Turkovitch
Unilever Canada Limited
University of Ottawa
Vancouver Foundation
John and Tess Van Netten
Vibro-Acoustics
Elizabeth M. Walter
James Waters
Harvey and Lindsay Weiner
In Honour of the Wonderful Life
of Percy Weinstein - Myrna,
Karen and Deedee Weinstein
Welded Tube of Canada
The Westaway Charitable
Foundation
Brad White
Robin and Barbara White
Whole Foods Market
Michael and Shari Wilson
Shelagh E. Wilson
Florence and Mickey Winberg
Robert Wood
The Woodbridge Company Ltd.
Richard Wookey
Wyeth Consumers Healthcare
Inc.
Mark Young
$5,000 – $9,999
2250318 Ontario Inc/Global
Learning Group
7347898 Canada Inc
5 Corners Productions Inc.
Shaun Adams
Aecon Group Inc.
Ted Agardy
Akitt Swanson & Pearce
Architects Inc.
Allan and Susan Fenwick
Charitable Foundation
Clive and Barbara Allen
♦
Jennifer Patricia Allen
Allergan Inc.
Lorna Anderson
Ray Arbesman
Robert Arnott
Walter Aronovitch
Stanford Asher
Brett Ashton
Autoliv Electronics Canada
Marie Babak
Baker Real Estate Corp.
Balsillie Family Foundation
Anna Barkhouse
The Barnes Family Charitable
Foundation
Ron and Sharon Baruch
BBS Securities Inc.
M. Kelly Beales
Jean-Louis Belisle
Bell Canada
Bob and Diann Bell
Sarah Belley
Ron Belluomini
♦
Beverley Joan Bernier
BFI Canada
Martha Billes
Biogen Idec Canada
Dave Black
Jane Black
BMO Employee Charitable
Foundation
Janet L. Bomza
Hersh Borenstein
John H. Bowey
Andrea Bowman
Walter Boyd
Shari Boyle
Branch Fundraising
Brant Flour Mills
Brl Realty Limited
Charles R. Bronfman
Philip Browman and Family
Toni Brown
Michael Buckstein
Jane Burfield
Darlene Burnham
C I Investments
Canaccord Genuity Corp.
Canada Life
Canadian Conference of
Asbestos Workers
Canadian Hospital Specialities
Ltd.
Michael Carnegie
Jels Caruso
Cassels Brock & Blackwell LLP
Erin Cayne
Harvey and Sandra Cayne
Joel Cayne
Cedarlane Corporation
Margaret Chambers
The Chandaria Family and
Conros Corporation
Larry Chapman
Eulalie Charles
Jeff Charriere
The Chastell Foundation
Gordon and Julie Cheesborough
Rene Chouinard
Brian Christmas
Jim Christodoulis
Chubb Insurance Company of
Canada
Robert Churchill
Clif Bar & Company
Glenn Cochrane
Dan Coholan
Connor, Clark & Lynn Private
Capital
Katherine Cooper
The Co-operators General
Insurance Co.
Corning Incorporated
Foundation
Counsel Corporation
Brian Cowie
Tracey Craig
Phillip Crawley
Maria Crignano
Crossby Dewar
Denise Culbert
Pearl and Dominic D’Alessandro
Adam Dallaway
Nick D’Amario
Rosa D’Amario
Nick De Luca
The Deborah Loeb Brice
Foundation
Andy Defrancesco
Carlo DeGasperis
Michael DeGroote
Elvio Del Sorbo
David Dulberg
Deloitte & Touche
Delta Pi Sorority
Jill Denham and Stephen
Marshall
The Derick Brenninkmeyer
Charitable Foundation
Derek and Louise Dermott
Diana’s Management Inc.
DiPeirdomenico
Goran Djapa
Sharon Doersam
Cathy Dolente
Michael Dorfman
Laura Dottori-Attanasio
Dundee Capital Markets
Dundee Realty Management
Corporation
Steve R. Dunk
Michael Dupuis
Ed Mirvish Enterprises Limited
Edith & Bernard Ennis
Foundation
Valerie Elia
The Princess Margaret Cancer Foundation
29
Thank You Gina Pace
Gina Pace has walked in every Toronto Shoppers Drug Mart
Weekend to End Women’s Cancers (formerly the Weekend to End
Breast Cancer) since the event began. That is an incredible
commitment, reinforced by the gratitude she feels for
the hospital that treated her thyroid and breast cancer
diagnosed when she was just 32, one year after she was
married. Gina is now a busy mom who still finds time
to run half marathons and volunteer at the hospital. She
shared her emotional story at closing ceremonies for the
first Toronto Weekend ten years ago. Since then, her team,
The Peaceful Pacers, has raised over $250,000 for The
Princess Margaret.
Martin Elliott
Luise Enderle
Engelite Charitable Foundation
John Esplen
Wilfred M. Estey
Event Spectrum Inc.
Joseph Famele
Helen Farintosh
The Fashion For Passion
Foundation
Harry Ferguson
Firefighters Against Cancer’s
Existence Foundation
First Citizens Bank Ltd.
Robert Fitzhenry
John Folino
Four Seasons Drywall
Spencer Fox
Keith Frankel
Lindsay Freeman
Harvey and Leah Fruitman
Karen Frybort
Norma Galli
Gary Bluestein Charitable
Foundation
Joanne Gauthier
John George
J. Patrick Gibson
Peter Gilgan
Kosty Gilis
Phil Gillin and Ava Sands
Harry Goldgut
Trish Goldman
Goodman & Company
Chris Gower
Senator Jerry and Carole
Grafstein
J. Graham
Maria Grossi
Groupe Yellow Inc.
Johnny Guglietti
Marco Guglietti
Silvio Guglietti
Gerry Guilfoyle
Wayne Halenda
Hamilton Health Sciences
Hugh Hanson
Susan Harris and David Kassie
Harvey Kalles Real Estate Ltd.
Heaman Family Foundation
30 2012 Report to Our Donors
Anthony Hendrie
Shung Hay Ho
David Honderich
Joan Hood
Ivan Hrvoic
HSBC Bank Canada
The Hudson’s Bay Company
Jason Hultink
Sally Humphries
♦
Amy Lorene Hunsberger
Geoffrey Hutchinson
John Huxley
Kin Huyn
Matteo Iacovelli
Impact Electrical & Mechanical
Ltd.
Imperial Coffee & Services Inc.
ING Direct
Interior Care Limited
International Association of Heat
and Frost Insulators
Investors Group
Arnold and Lynn Irwin
J+J Shared Services
Jack Astor’s Bar & Grill
Leighanne Jacques
The Jo-Ann Cooke Family
Foundation
The Jodamada Foundation
John W.S. Preston Charitable
Foundation
Judy Inc
James Kay
Patrick B. Keeley
Jack Kelassy
Peter Kepecs
Warren and Debbie Kimel
♦
Maria Kiors
Joel Kirsh
Holger Kluge
Murray and Marvelle Koffler
Krystal Koo
John and Margaret Krall
La Senza Corporation
♦
Inge Lange
♦
Mary Irene Hazel Langford
Judith and Bruce Langstaff
♦
Jocelyne Laniel
Lealand Group Inc
Esther Lee
The Legresley Family
Foundation
Kevin Leon
The Les and Minda Feldman
Charitable Foundation
David Leslie
♦
Stephan and Sophie Lewar
Liberty Developments Corp.
Marilyn Libin
Ricky Lie Ken Jie
Kevin Lind
LIUNA OPDC
Elaine Lui
Maria Lui
Lydia Lee in Trust
Mackenzie Investments
Ross MacKinnon
William MacLaren
Michael MacMillan
Iain Macphail
Macquarie Capital Markets
Canada Ltd.
Magna International Inc.
Geraldine Mahoney
Kathy Mance
Joe Manget
Irving and Esther Matlow
♦
Gladys Maton
Haydn Matthews
Connie Mcculloch
Michael McDonald
Robert McFarland
Deborah Mcmillan
Tammy McNeil
Peter McRae
Dino Medves
David Menzel
♦
Edith Margaret Mercer
Merrill Lynch Canada Inc.
The Methodist Hospital System
Michelle and Michael Levy
Family Foundation
♦
Elmar Mikazans
The Miller Tavern
Michael Milosevic
Tom Milroy
Myles Mindham and Stephen
Gilles
Ken Miner
Frances and Clive Minto
Henry Irving and Florence
Isabel Montgomery
♦
John Edward Montgomery
♦
Frederick Stanley Morgan
The Morris Justein Family
Charitable Foundation
Mortgage Alliance
Mosaic
The Mulvihill Family Foundation
Roderick Munro
Sergio Muzlera
Arnold and Libby Naiman
Stephen Neil
Nelson Arthur Hyland
Foundation
Marc Nesi
News Canada Inc.
Stacie Noel
Novartis Pharma Canada Inc.
Nuheat Industries Ltd
David and Gwen Oliver
Ontario Power Generation
Employees’ & Pensioners’
Charity
Jeffrey Orr
Osler, Hoskin & Harcourt LLP
Paul Ostrander
Marc Ouellette
Marie José Overweel
Lucie and Joe Pal
Steve Parnell
Parrish & Heimbecker Ltd.
Eleanor and Laurence Pattillo
Patton Boggs LLP
Peter Pearce
Sharmila Perera
♦
Reta May Pettet
Christopher Pfaff
The Philip Smith Foundation
Edwin and Charlotte Pivnick
Family Foundation
Gladys Platts
William Pocock
Sarah Policaro
Eileen Popper
Lisa Prentice
Lucie Presot
PricewaterhouseCoopers
Prostate Cancer Canada
The Queens Head Pub
William and Cynthia Quinn
Rainbow Jade Inc
RCC Group Inc.
Diane Reid
Trevor Reid
Christine Reidy
Fred Reisman
Reliable Life Insurance
Company
Barry Reznick
Sandra Ricci
James Rickard
Martha Rindfleisch
Mark Rivett
Jordan Robins
Steve Rodriguez
Larry Rogers
David Roland
Helen Rosen
Larry Rosen
Sandra and Joseph Rotman
♦
The Rotman Family Foundation
Mitch Rubinovich
Liz Rykert
S.M. Blair Family Foundation
S.R.T. Med-Staff
Sacred Heart Catholic High
School
Giancarlo Sansalone
Chrisoula Sapountizis
David Scandiffio
Saverio Schiralli Agencies
Limited
Richard Schler
Johann Schluessel Bauer
Gabriella Schmidt
Rolf Schoene
Schumacher Family Foundation
Barbara Schutz
Alan Schwarz
Charles and Mina Schwarz
Raymond Shiu
SDI Marketing
SGNC Charitable Trust
Shane B. Inc.
Howard Shapiro
James Robert Shaw
Virginia Shaw
Mary Shechtman
Owen Shime
Simona and Alex Shnaider
Naju B. Shroff
Simmons & Assoc. Ltd.
Paul and Carol Slavens
Smart Centres
Tim Smith
Soberman LLP Chartered
Accountants
Edward Sonshine
Thomas Spracklin
Helen Starbuck
Gary and Julie Stern and Family
Steve & Sally Stavro Family
Foundation
Stifel Nicolaus Canada Inc.
Stikeman Elliot
In Honour of Ann Storfer
Stratford Shakespeare Festival
Minna Sturrup
Kazimiera Supczak
Sue Symington
Kent D. Taylor
Stan and Gloria Taylor
Diana Taylor-English
Teva Canada Limited
Therapure Biopharma Inc
Tolin Enterprises Ltd.
Toronto Firefighters
Association
John Tremayne
Eric Tremblay
Trenchless Utility Equipment
Inc.
UBS Securities Canada Inc.
Uni-World Corporation Limited
Yana Verbitskaia
Vineyard Holdings Inc.
Vision Critical Communications
Aaron Vorosw
Bruce Ward
Marjorie V. Waters
Jean Margaret Watson
Seymour Weinstein
Larry Weir
Susan Weisbarth
Weisz Family Foundation
Wellington West Capital Markets
Inc.
Dave Williams
WilsonArt Canada
Gale and Jerold Winter
Bill Wolfe
Wood Dental Prof
The Works Communications
Sylvia and Irving Wortsman
Petra Wu
Gwen Yacht
Kay Yardley
♦
Tsing Yeung
Susan Zorzi
♦
We are very grateful to the following firms who have generously donated their skills,
products, and materials, or provided added value in support of The Princess Margaret.
98.1 CHFI
102.1 the Edge
104.5 CHUM FM
680News
Achievers
Advanced Tent Rentals
Air Canada Vacations
The Alcorn Salon
AM640
AM740
AMJ Campbell Van Lines
Astral Outdoor
Bailey Cosmetics
BBQ Gourmet
Bicycling Magazine
blo Blow Dry Bar
BNN (Business News Network)
Browns Shoes
BOOM 97.3
Boston Pizza
Buddies in Bad Times Theatre
Calvin Klein
House and Home
Canada Dry Mott’s Inc.
Casa Loma
Castor S.R.I.
CFRB Newstalk 1010
Chantler’s Environmental
Service
CIBC
Cineplex
Citytv
Classical 96.3FM
Clean Sheet
CN Tower
Coca-Cola Bottling Company
Colio Estate Wines
Concord Adex
CP24
Crystal Light
CTV
Devine Lab Inc.
Downward Dog Yoga Centres
Dragon Security
EastDell Estate Winery
EDO Sushi Inc.
Elmer Olson Model
Management
Fantasy Fair
Fisheye Corporation
Foxy Originals
Frito Lay
GANZ
Gatorade
Giani Tariello
GILES
GO Transit (A Division of
Metrolinx)
GoodLife Fitness
Greenpark Homes
Hands On Entertainment
Hansen Construction
Harlequin Enterprises Ltd.
Harry Rosen Inc.
House & Home Media
IAMGOLD
Iceberg Vodka
IMA
Irving Consumer Products
J3 Canada
Johnson & Johnson
KPMG
Kraft Canada
Legends Estates Winery
Lilium Fine Flowers
Linwood Homes
Liss Galery
Longo’s
Luna (Clif Bar and Company)
MAC Cosmetics
Magen Boys Entertainment
McWhirter and Associates
Merit Vacations
Metro
Mohawk College
More Magazine
Muskoka Building Co.
Mysteriously Yours…Mystery
Dinner Theatre
The Nabob Coffee Company
Naked Creative
Neal Brothers Foods
New Balance
Nexxus Salon Hair Care
Norco Bicycles
Oakdale Golf & Country Club
OMNI Television
Ontario Science Centre
Pareto
PCM Inc.
Pedal Magazine
Pepsi / Frito-Lay
Popchips
Q107
RBC Royal Bank
Reebok-CCM Hockey, Inc.
Rocco P.
Rogers Communications Inc.
Royal Canadian Mounted Police
Scarpetta Restaurant
Shaw Media
Shibley Righton LP
Shoppers Drug Mart
SNAP Newspaper Group
Sobeys
Soulmates Introduction Services
Inc.
SpiderTech Kinesiology Tape
Spirale Banquet & Conference
Center
Sportsnet Radio FAN 590
Steam Whistle Brewery
StepsCount
Stewart’s Baskets & Balloons
Sugarbuds Village Bakery &
Cafe
SUGOI Performance Apparel
Sun News Network
Suncoat Products Inc.
SuperClubs Breezes Resorts
Swiss Chalet Rotisserie & Grill
(Cara Foods)
System 4 Productions
The Brick
The Daniels Corporation
The Globe and Mail
The Hockey News
The National Post
The Pickle Barrel
The Printing House
The Shoe Company
The Toronto Star
TLN
Toronto and Region
Conservation
Toronto Sun
Toronto Zoo
Town Shoes
Trade Secrets
TSN Radio 1050
Unilever
Veuve Clicquot
VIA Rail Canada
vitaminwater
Volkswagen Canada
Wild Water Kingdom
Winners
Y&R
Zagliani
ZoomerMedia
The Princess Margaret Cancer Foundation
31
JCB Grant society
Membership in the JCB Grant Society is offered to donors who have included The Princess Margaret Cancer
Foundation in their Will or have made a gift of life insurance. These special friends of the Foundation have made the
fight to conquer cancer in our lifetime part of their own personal legacy.
The JCB Grant Society is named after the distinguished Toronto professor of anatomy, Dr. J.C. Boileau Grant, the
author of Grant’s Atlas of Anatomy. The Princess Margaret has a special connection with Dr. Grant. His widow, Anne
Catriona Robertson, left us a bequest of the Atlas when she died in 1982. With the annual royalty payments,
The Princess Margaret Cancer Foundation has created the JCB Grant Chair in Oncologic Pathology, a $2.2 million
endowed chair, as well as a major named endowment fund.
The Grant family’s example is important to us: they have left an important legacy with a creative gift, and they have
improved our ability to conduct leading-edge cancer research. Through the JCB Grant Society, we pay tribute both to
the Grant family and to each donor who has confirmed a planned gift to The Princess Margaret.
Frances I. Masefield Acheson
Val and Ernie Adriaanse
Scarlat Albright
Bruce Alexandor
Omar Ali
Paul and Sheila Alofs
Keith Ambachtsheer and
Virginia Atkin
Loretta and Etienne Amestoy
Roger Andersen
Shirley Arnold
Chuck Arrigo
Norman K. Ashurst
William F. Badke
Wilbur N. Baily
Jan H. Balledux
Jack and Patricia Barclay
Katharine E. Barilla
Yee Bell
Francesco Benichasa
Thank you Sue Newman
Sue is a retired principal, musician, and cancer
survivor, as well as a tremendous ambassador and
financial supporter for The Princess Margaret. She
has helped with many of our fundraising campaigns
by speaking publicly about her experience as a
patient. Diagnosed with a rare type of gynecological
cancer, she is grateful for the depth of expertise that
exists at this cancer centre, and the understanding
that cancer affects more than a patient’s physical
health. She shares her story with great passion and
authenticity.
32 2012 Report to Our Donors
Roslyn and Bernard Bennett
Shirley Bennett
Beulah Besharah
Rita Bette
Aruna Bhatnager
Rosa Bianca
Catherine Blackburn
Dorothea Ruth and Philip Bloom
Michel C. Bois
Frank Bosco
Robindra N. Bose
Geoffrey Boyes
Mary Brandon
Harold and Fredelle Brief
Beverley A. Briggs
Rob Bristow
William P., Gail and Billy Brown
Ruth M. Buchanan
Joan and Jack Burkholder
Reta Burrows
David and Paula Butterfield
Laura and Sven Byl
Richard Cadieux
Fausto Carbone
Gail Carman and Dave
Hollingworth
Dorothy Carr
Christopher A. Carson
Eleanor G. Chapman
Margaret E. Chapman
Paul Chen
K. Carol Christian
Joyce K. Chung
Valerie and James Clark
Anne Clements
Arthur and Harriett Cohen
Julie Colosimo
Luciano and Paola Colozza
Olga and Warner Cowan
Antonio Crescenzi
Janice S. Crichton
Barry Crookes
Irene Crowe
Beryl Cruse
Enola Czech
Fern Daiter
Julie Davis
Jean Davison
Mary Dawkins
Robin De Mercado
Joyce H. Denyer
Tim Devlin
Joseph Di Geso
Daniela Di Giantomasso
Wilson G. Dow
Jessie L. Dowling
Maurice Drieu
Diane N. Drotos
Joao J. Dutra
Linda Ecclestone
Naomi Eisenberg
Leola English
Audrey Ennis
Margaret A. Evered
Patricia Ewart-McLean
Roy A. and Elizabeth J. Fawcett
Joseph Fehrenbach
Lisa and Ron Feyerabend
Madeline Fielding
Leland J. Fisher
Patricia K. Ford
Jake E. Fowell
Sherri Freedman and Jeff
Hoffman
Sandra J. Frost
Larry and Eileen Fryer
Michelle Fuss
Anthony Fyles
Kathy Gallivan
Monica L. Gaudry
Paul Gauthier
Marilyn Gazey
Harry and Joyce Gibbard
Ian Gibbard
Margaret Goldby
Shirley Goldenberg
Lillian Gordon
Ethel Gorlick
In Honour of Beryl Elizabeth
Trimming-Green
Carol Greenwood
Christopher G. Guest
Cathy Hale
Elizabeth D. Hamilton
Daniel Hanowski
Doris Hansen
Helen Phebe Hatton
Sharyl Haynes
Lenard Haywood
Suzanne Hearn
Robert I. Hendy
Grant Hern
Thank You Chris Taylor
Chris has a powerful story to tell, and,
as a communications professional, he
knows the importance of sharing stories
in order to motivate and encourage
people to ‘lend a hand’. Chris, or CT as
he is known to his friends, is a cancer
survivor and an ‘incurable optimist’.
He has enormous trust and respect
for the physicians who have treated
him at The Princess Margaret, and
Joan R. Hickey
David and Louise Hilson
Timen P.Ho and Ling H. Ho-Lai
A. D. Holt
Bill and Karina Hope
Joan Pui-Ying Hosang
Margaret J.H. Howitt
Peter and Dalit Hume
Glenn Hunnings
Tommasino-Timpano Iozzo
Joan I. Jackson
Simon L. Jackson
Margaret Jenkins
Agnes Jenkinson
Nancy Jennings
Elspeth A. Johnson
Fran Johnston
Barry Jones
Lee-Anne Kant
Jeff Karl
Diane Karnay and Stuart
Bollefer
Carla Keel
Grace Kelly
Nora Kent
Kathryn Kernohan
Andrea Kinch
Neville and Lorraine Kirchmann
Paula Kirsh
Selwyn and Pippa Kossuth
Sherry Kou
Vito and Catherine Labate
Margaret, Audrey and James
Laidler
Harold Lane
Colin Languedoc
Moira and James Lawrence
Barry Lebow
Connie Lee
Joan and Bob Lehman
Kathleen D. Leslie
Charles E. Letman
Daniel Lichtman
Meryl Lindale
Irene M. Lloyd
Audrey Loeb and David Ross
Margaret Jane Logan
Marija Loncar
Maria Loschiavo
Rita Louidor
sings their praises whenever he has the
opportunity. He received the ‘gift of
life’ from his son Paddy who was a close
match when he needed a bone marrow
transplant. A participant in The Enbridge
Ride to Conquer Cancer, and one of the top
fundraisers, Chris is always there when
we need someone to speak about how
we are conquering cancer today at The
Princess Margaret.
Charles MacAllister
Ronald L. MacFeeters
Mary and Garth MacGirr
Mr. and Mrs. John D. Mackay
William MacLaren
John and Gail MacNaughton
John C. Marshall
Robert Martin
Antonio and Seli Masegosa
Dana Maslic
Aureade Massey
Jean Matlow
Doris McCartney
Joyce L. McCathie
Janice McDonald
R. A. Guy McGuire
William George McIntyre
Paul McNab and Mary
Collins-McNab
Beverly McRae
Elizabeth Meldrum
Steve Merker and Cathy
Buchanan
Louis Michael
Rosa Milano
Barbara Jean Miles
George Miljevich
James Miller
Patricia Miller
Ruth M. Miller
Ruth Milne
S. Milne
Rita and Gerald Misner
John K. Mitchell
Lois Mitchell
Carla Monk
Doris J. Moore
Harold A. Morden
Eleanor Morgan
Brad Morris
Carol Morrison
Marlene Morriss-Taylor
Miriam Mozes
June Murdoch
Freda Ariella Muscovitch
Margaret & William Myers
Jill and Reed Nelson
Susan Newman
Doris Noftall
Pamela and Donald North
Aimee O’Connor
Manuel Oliveira
Marshal and Tina Partnoy
John Patterson
Colleen Peacock
Brian Pecic
Constance Peters
Myta Peters
Stan and Helen Petrowski
Robert L. Pidgeon
Gertrude Piggott
Margaret Pollard
Sofia Polyanovsky
Margaret Porteous
Mary E. Porter
Karen M. Potter
Clare Price
Bernice Elizabeth and Allan
Ross Profit
Linda Puma
Abel Quintal
Robert S. Rawlings
Bernie Rees
John Reilly
Gladys Rennie
Edna Reynolds
Lionel and Helaine Robins
Charles H. and Kathleen A.
Robinson
Betty Ross
Annice H. Rothbart
Coleman Rotstein
Ross and Gwenda Roxburgh
Therese Roy
Marci J. Rubinoff
Barbara E. Russell
Ruth E. Russell
Patricia Sauerbrei
Gabriella Schmidt
James H. (Bert) Scott
Frank and Red Selke
Idola G. Semple
Naju B. Shroff and Keki B. Shroff
Antonio Sicilia
Margaret Simmons
Graham T. Skells
Linda Sky Grossman
Thomas Smith
Helen Stark
Annabelle Stephens
D. Eleanor Stephenson
Morag L. Stewart
Ian M. Stobart and Norma
Stobart
Elsa and Ted Stringer
Shannon and Micheal Stuart
Ann D. Sutton
Dorothy Sutton
Richard F. Tayler
Douglas A. Taylor
Tina Tehranchian
Helen Tennyson
Irmgard Theegarten
Frederick Tiley
Joan Tilt
Mildred Trachtenberg
Jerry Trestik
Jackie Tuffin
Pat Nichols and Bob
Tundermann
Belal Uddin
Joseph Vannot
Nancy J. Vivian
John Paul Watman
Lisa L. Weaver
Sophie Weimert
Vanessa Wellwood
Lawrence Wert
Hazel Westlake
Mary E. Whitaker
Clyde Shepard Whitham
Linda Whyte
Charles T. Wilson
Debra Wilson
Norma and Sharon Wilson
Mary Winter
Jonathan Wisebrod
Susan McLean Woodburn
Donald and Janice Woodley
Betsy Wright
William A. Wright
Donald A. Wylie
Morden S. Yolles
Ginette Young
Chung-Fu Yu
Valentina Zatskoy Loper
John Zeger
The Princess Margaret Cancer Foundation
33
research chairs
An endowed Chair is the highest honour in academic life, prestigious for Chairholder and donor alike.
The Princess Margaret Cancer Centre is committed to fostering academic excellence and each endowed Chair
enhances our ability to attract and retain leading researchers, educators and trainees. Our Chairholders are
recognized internationally for superior academic achievement, experience and success in teaching and research.
Chair Chairholder
The Addie MacNaughton Chair in Thoracic Radiation Oncology
Alan B. Brown Chair in Molecular Genomics
The Alan and Susan Hudson Chair in Neuro-Oncology
The AMGEN Chair in Cancer Research
Anna-Liisa Farquharson Chair in Kidney Cancer Research
The Bartley-Smith/Wharton Chair in Radiation Oncology
Butterfield/Drew Chair in Breast Cancer Survivorship Research
The Daniel E. Bergsagel Chair in Medical Oncology
Gattuso Chair in Breast Surgical Oncology
The Harold and Shirley Lederman Chair in Psychosocial Oncology and Palliative Care
J. Douglas Crashley Chair in Gynecologic Cancer Research
The JCB Grant Chair in Oncologic Pathology Joey and Toby Tanenbaum/Brazilian Ball Chair in Prostate Cancer Research
The K.Y. Ho Chair in Prostate Cancer Research
Kevin and Sandra Sullivan Chair in Surgical Oncology
Kirchmann Family Chair in Neuro-Oncology Research
Lee K. and Margaret Lau Chair in Breast Cancer Research
The Love Chair in Prostate Cancer Prevention Research
M. Qasim Choksi Chair in Lung Cancer Translational Research
Dr. Mariano Antonio Elia Chair in Head and Neck Cancer Research
Molly and David Bloom Chair in Multiple Myeloma Research
The Orey and Mary Fidani Family Chair in Radiation Physics
OSI Pharmaceuticals Foundation Chair in Cancer New Drug Development
The Philip S. Orsino Chair in Leukemia Research
RBC Chair in Nursing Oncology, Research and Education
The Robert E. Wharton Chair in Head and Neck Surgery
The Robert E. Wharton Chair in Reconstructive Plastic Surgery
The Ronald N. Buick Chair in Oncology Research
The Scott Taylor Chair in Lung Cancer Research
Weekend to End Breast Cancer Chair in Breast Cancer Research
Dr. Andrea Bezjak
Dr. Geoffrey Liu
To be appointed
Dr. Robert Rottapel
Dr. Michael Jewett
Dr. Brian O’Sullivan
Dr. Pamela Catton
Dr. Ian Tannock
Dr. David McCready
Dr. Gary Rodin
Dr. Joan Murphy
To be appointed
Dr. Gang Zheng
Dr. Malcolm J. Moore
Dr. Jonathan Irish
Dr. Warren Mason
Dr. Senthil Muthuswamy
Dr. Neil Fleshner
Dr. Ming Tsao
Dr. Fei-Fei Liu
Dr. Donna Reece
Dr. David Jaffray
Dr. Natasha Leighl
Dr. Mark Minden
Dr. Doris Howell
Dr. Patrick Gullane
Dr. Stefan Hofer
Dr. Christopher Paige
Dr. Frances Shepherd
Dr. Tak Mak
PMH-held Chairs at University Health Network Chairholder
The Gloria and Seymour Epstein Chair in Cell Therapy and Transplantation The Fleck/Tanenbaum Chair in Prostatic Diseases
J. Gerald Scott/David G. Whitmore Chair in Hematology and Gene Therapy Research
Dr. Armand Keating
Dr. John Trachtenberg
To be appointed
34 2012 Report to Our Donors
Dr. Mary Gospodarowicz is named president of the
Union for International Cancer Control (UICC)
In addition to her responsibilities
as Medical Director of The Princess
Margaret’s Cancer Program, this
year Dr. Gospodarowicz assumed
the presidency of the leading nongovernmental cancer organization.
The UICC was founded in 1933
and has more than 460 member
organizations across 125 countries.
Its mission is to eliminate cancer
as a life-threatening disease for
future generations by connecting,
mobilizing and supporting
organizations, cancer experts, key
stakeholders and volunteers in a
global community. The UICC raises
awareness of the burden of cancer by
coordinating the World Cancer Day
annually (February 4) and the World
Cancer Campaign.
Dr. Gospodarowicz is the first
Canadian to hold this prestigious
position. Considering what she
has accomplished at The Princess
Margaret and the leadership she
continues to provide, she is an
ideal candidate to lead this cancer
organization in their global mission.
honour roll
Dr. Sylvia Asa
F.K. Mostofi Distinguished Service Award
U.S. & Canadian Academy of Pathology
Dr. Robert Bristow
John Ferguson Memorial Award for
Prostate Cancer
Prostate Cancer Canada
DR. MARY GOSPODAROWICZ
President
Union for International Cancer Control
May Cohen Award for Women Mentors
Canadian Medical Association
Dr. Patrick Gullane
Honorary Fellowship
Royal College of Surgeons (Ireland)
Dr. Igor Jurisica
Tier I Canada Research Chair in
Integrative Cancer Informatics
Dr. Armand keating
President-Elect
American Society of Hematology
OSI Pharmaceuticals Foundation Chair in Cancer New Drug Development
Dr. Natasha Leighl is the leader
for medical oncology for the Lung
Cancer Site Group at The Princess
Margaret and Associate Professor
in the Department of Medicine at
the University of Toronto. She is a
member of the Lung Disease Site
Executive at the National Cancer
Institute of Canada’s Clinical Trials
Group (NCIC CTG) and chairs their
Committee on Economic Analysis.
After receiving her MD from the
University of Toronto, Dr. Leighl
completed residencies in internal
medicine at the University of
Calgary and medical oncology at the
University of Toronto. She completed
fellowship training at Princess
Margaret Cancer Centre and at the
University of Sydney, and received her
Master of Medical Science in Clinical
Epidemiology at the University of
Newcastle.
Dr. Leighl focuses on the
management of lung cancer and
new treatments for this disease,
as well as health services and
pharmacoeconomics research in lung
cancer. She has been a nationally
and internationally recognized
investigator in over 35 clinical trials
of lung cancer therapy, as well as
leading lung cancer trials through
The Princess Margaret’s Drug
Development Program, Lung Cancer
Site Group and the NCIC CTG.
Dr. Thomas Kislinger
Tier II Canada Research Chair in
Proteomics in Cancer Research (renewal)
Dr. Fei-Fei Liu
Scientific Honouree
Israel Cancer Research Fund’s Women
of Action
Dr. BenJamin Neel
Board of Directors
American Association for Cancer Research
Dr. Gary Rodin
Life Time Achievement Award
Canadian Association of Psychosocial
Oncology
Dr. Aaron Schimmer
Till & McCulloch Award
Stem Cell Network
Dr. FRances Shepherd
International Award for Contributions to
Lung Cancer
British Thoracic Oncology Group
Dr. Ming Tsao
O. Harold Warwick Award
Canadian Cancer Society
Dr. Alex Vitkin
Fellow, Optical Society of America
The Princess Margaret Cancer Foundation
35
named expendable funds
ABC Group Inc. Ambulatory Infusion Pump
Fund
Abraxis BioScience Fellowship Fund
Adelson Foundation Fund for Ovarian Cancer
Research
Agnico-Eagle Research Fund
Al Hertz Centre for Palliative and Supportive
Care Fund
The Al Hertz Urgent Care Facility Fund
Allan and Shirley Taylor Fund
Allan Kerbel Trust Fund
Alli’s Journey Fund
The Alofs Family Fund
Amelia Plastina Breast Cancer Research
and Equipment Fund
Ann and Irving Storfer Lymphoma Research
Fund
Ann Storfer Ironman Fund
Anna-Liisa Farquharson Kidney Cancer
Research Fund
Asaro Family Lymphoma Fellowship Fund
Aventis Fellowship Program Fund
Barnett Music and Art Program Fund
Barrie Rose Fund
Barry and Susanne Cooper Family Fund
The Beckie Fund for Breast Cancer Research
Ben and Hilda Katz Charitable Foundation
Fund
Benny Libman Patient Care Fund
Bette Johnston Cooperative Student
Scholarship Fund
Betty Mendelssohn Kalmanasch Medical
Research Fund
Betty Meretsky Patient Care Fund
Blaine Richard Stein Fund
Bluma Appel Palliative Care Project Fund
Bush International Fund
Boehringer Ingelheim (Canada) Ltd.
Opportunity Project Fund
Boehringer Ingelheim MP Innovation Project
Fund
Boutilier Family Triple Negative Breast
Cancer Research Fund
Bram Appel Fund for Molecular Diagnostics
in Ovarian Cancer
Bras Family New Drug Development
Program Art Fund
Bras Family New Drug Development
Program Fund
Brian Ellies Esophageal Cancer Prevention
Fund
Brian Pendleton and Chad Goldman Ovarian
Cancer Fund
Bruce Galloway Fund in Head and Neck
Cancer Research
Canadian Conference of Asbestos Workers
Fund
Campbell Family Cancer Research Institute
Fund
Campbell Family Institute for Breast Cancer
Research Fund
Canary Foundation Fallopian Tube Project
Fund
The Carlo Fidani Foundation Fund
Carmel Derdaele Breast Cancer Research
Fund
36 2012 Report to Our Donors
Catherine Proulx-Simon Fund
Celgene Fellow in Myeloma Research Fund
CGI Group Fund
Charles and Marilyn Gold Family Foundation
Fund
Charles Krowitz Burkitt’s Lymphoma
Research Fund
Charlotte Belz Melanoma Research Fund
Christopher ‘Chip’ Trueman Fund for
Esophageal Cancer Research
CMF (Canadian Mesothelioma Foundation)
Education and Training Fund
Community Interlink Fund
Concetta Guglietti Most Wanted Fund for
Gynecological Cancer
Cure for Lung Cancer Team Fund
Daniel Alan Sheehan Brain Tumour
Research Fund
Daniel Roncari Prostate Cancer Research
Fund
Daryl Rubinoff Fund
David and June Anne Melnik Prostate
Patient Support Fund
David and Paula Butterfield Ovarian Cancer
Database Fund
David and Sharon Aello Skull Base Fund
David and Sylvia Cape Breast Cancer
Research Fund
David Cornfield Melanoma Research Fund
Derek Russell Fund for Clincal Nursing
Trials
Desmond and Pamela O’Rorke Drug
Development Fund
Diane Lanthier Nursing Care Fund
Discovery Clinical Research Fund
Domenic Dell’Elce Fund
Donald J. Young Fund
Donati Family - St. Michael’s Majors Ovarian
Cancer Fund
Dr. Addleman Memorial Lecture Fund
Dr. Annie Smith Bear Fund for Ovarian
Cancer
Dr. B. Zanke Oncology Research Fund
Dr. Geoffrey R. Conway Chemotherapy Fund
Dr. J. Bacher Golf Tournament Fund
Dr. Jozef Straus Fund
Edie and Eric Yolles Cell Therapy Research
Fund
Egan Head and Neck Cancer Radiation Fund
Elana Waldman Fund
Elizabeth M. Walter Patient Education Fund
Elsa and Ted Stringer Fund
Erin Belman Fund
Estelle Craig Family Fund
Eva Schutz Fund for Breast Cancer Research
Eve Corrigan Cancer Research Fund
- Leukemia
Eve Corrigan Cancer Research Fund
- Psychosocial
Familles Papineau & Dunlap Families
Leukemia Research Fund
Fidani Family Fund
Fire Fighters’ Cancer Research Fund
Frank A. Ragona Fund
Freed Family Fellowship Fund
Freed Family Fund
Friends for Life Fund
Friuli Cancer Research Academic Exchange
Program Fund
Gadler, Lam, Pellegrino Palliative Care Fund
Gail Gordon Oliver and Family Fund for
Breast Cancer
The Gary Bluestein Charitable Foundation
Cell Therapy Fund
Gattuso Rapid Diagnostic Centre Fund
General Electric Canada Inc. Fund
George A. Cohon Fund for Reconstructive
Surgery for Prostate Cancer
Gerald and Paula Kirsh Family Fund
Gerald J. Goldenberg Fund for Pancreatic
Cancer Research
Gerald M. Soloway Prostate Cancer
Research Fund
Gerald Siegel Fund for Pancreatic Cancer
Research
Gerry & Nancy Pencer Brain Trust Fund
Gerry Ruby Fund
Gift of Life Fund
Gift of Love (G.O.L.F.) Fund
Giovanni and Concetta Guglietti Family
Cancer Fund
Goldie Risenman Fund
Gordon F. Mutch Research Fund for
Leukemia
Gordon Tozer Head and Neck Cancer BioClinical Anthology Fund
Greenberg-Ritchie Fund
Greenpark Blood Transfusion Unit Fund
Gucciardi Family Fund for Cell Therapy
Harley Ulster and Cindy Leder Multiple
Myeloma Research Fund
Harold Niman Prostate Research Fund
Harry Littler Cancer Research Fund
Hatch Family Fund
Haynes Connell Foundation Breast Cancer
Fund
Healing Journey Program Fund
Helen and Irving Davis Fund
Hertz Fund for Disorders of Vestibular
Function
Hibiscus Fund for Hope
Hillary Firestone Ovarian Cancer Research
Fund
Ian and Anne Devine Fund
Ian Lawson Van Toch Cancer Informatics
Fund
Ida Rubinoff Patient Support Fund
Ilario Caranci Leukemia Research Fund
Imperial Oil Foundation Mesothelioma
Research Fund
Isabel Koffman Fund for Pancreatic Cancer
Research
Issie’s Quest for Ovarian Cancer Research
Fund
J. David and Jan Crichton Fund
Jack and Esther Cole and Family Prostate
Centre Fund
Jack and Rose Wine Leukemia Research
Fund
Jack Cole Prostate Centre Fund
Jack Elie Memorial Tournament Fund
Jack Weinbaum Prostate Prevention Fund
James Kinnear Fund
Janet Rosen Fund
Jennifer Evanshen Fund
Jesse and Julie Rasch Foundation Fund
Jim Chamberlain Sarcoma Research Fund
Joan and Weldon Levine and Family Fund for
Myeloma Research
Joe’s Team Fund for Translational Research
John and Nina Cassils Fund
John Finlay Oncology Fund
John Fortney Party Fund
John L. Hickey Fund
John Steinberg Fund
Joseph H.M. Wood Chemotherapy Research
Fund
Journey to Heal Fund
June Anne and David Melnik Breast Cancer
Research Fund
Karen Morton Fund
The Kelly Silverstein Fellowship Fund
Larry Haughton Pancreatic Cancer Research
Fund
Laugh Lines Fund
Laura Kathleen Gray Research Fund
The Laura S. Rocca Fund
Lee Greenspoon Gastrointestinal Cancer
Research Fund
Levelling the Playing Field Fund
Libby and Michael Goldgrub Gynecological
Cancer Research Fund
Lily Silver Magic Castle Fund
Linda and Marvin Barnett Fund
Lisa Coristine Brave Heart Fund
Lisbeth Moore Leukemia Fund
The Lo Family Fund for Leukemia Research
Lousie Khalatbari Nozari Fund
Lucky Power Memorial Fund
Lusi Wong Lung Cancer Early Detection
Research Fund
Lynne Kagan Fund
The Lyon Share Contribution Fund
MacFeeters Family Fund
Maria De Souza Knowledge Transfer Centre
for Oncology Nursing at PMH
Marie Thompson Fund
Marilyn Barker Paulson Fund for Children
with Brain Cancer
Marilyn Green Melanoma Research Fund
Marilyn Ricci Cancer Pain Control Fund
Marilyn Van Stone Foundation Fund
Marvin and Linda Barnett Leukemia Fund
Mary Hooey Education Fund
Master Insulators Association of Ontario Inc.
Fund
Max Tanenbaum Garden Fund
Max Tanenbaum Sculpture Garden Fund
McCain Fund
McDermott Patient Education Fund
Menkes Family Innovation Fund in Thoracic
Surgical Oncology
Merck NDD Fellowship Fund
Michael Albert Garron Fund
Michael J. Dickinson Endoscopic Equipment
Fund
Michael Kamin Hart Fund for Nursing
Excellence
Michael Ryan Leal Fund
Michael Wise Memorial Fund
The Michele Temple Melanoma Research
Fund
Mona Garbuz Memorial Fund for Melanoma
Research
Motorcycle Ride for DAD Fund
MPD Research Fund
Muzzo Family Minimally Invasive Surgical
Oncology Program Fund
Muzzo Family Robotics Program Fund
Nadi Meir Fund
Nathan and Sara Goldlist and Family Fund
National Pancreatic Cancer Canada
Foundation Fund
The Nicole Nardi Fund
Nora Rudnick Ovarian Cancer Research
Fund
Palliative Pacers Fund
Pamela Mary Hosang Ovarian Cancer
Research Fund
Paolo Ardizzi Bone Marrow Transplant Fund
Pat Nichols and Bob Tundermann Cancer
Care Fund
Patricia J. Myhal Pancreatic Cancer
Research Fund
Patrick Avison Memorial Fund
Patrick Hodgson Family Research Fund
Patrick Moore Leukemia Research Fund
Paul and Rhonda Krandel Fund
Paul Finger Fund for Ocular Oncology
Bioinformatics
Pearl Banks Fellowship in Melanoma
Research and Patient Care Fund
Pencer Centre PFAC Fund
Penny Benjamin Fund for Caregiver Relief
Petersen/ Turofsky Head and Neck
Supportive Care Fund
The Philip Lavorgna Life Over Lymphoma
Fund
Philip Mincer Fund
Philip Orsino Cell Therapy Translational
Research Fund
Phyllis Hantho Breast Cancer Research
Fund
PMH/UBC Cancer Joint Venture Early
Detection of Ovarian Cancer Research
Fund
Pollen/Reinholdt Fund for Cancer Research
Posluns Family Fund
Project Cure Paola’s Fund
Pusateri’s Adult After Care Fund
R. M. Saggar Fund
Race Against Cancer Fund
The RACH Fund
Ralph Fisher Fund
Rebecca’s Hope Leukemia Research Fund
Richard Wookey Prostate Cancer Research
Fund
Ride for DAD Fund
Robert Buckman Fund
Robert Elliott and Paul Wilson Pancreatic
Cancer Research Fund
Robert V. Brady Award Fund
Roche Fellowship in Drug Development
Roche Melanoma Pathology Fellow Fund
Ronald Buick Symposium Fund
Ronald Dunn and Ingrid Gadsden Fund for
the Benefit of Nurses on 14A
Ronna Winkler Non-Hodgkins Lymphoma
Research Fund
RSM Richter Breast Cancer Research Fund
Sam Sniderman and Janet Mays Ovarian
Cancer Fund
Samuel Family Foundation CT/PET Centre
Research Fund
Samuel Manu-Tech Inc. Fund
Sandra Foyston Patient Education Fund
Sara Ferlito Fund
Seroussi Foundation Fund
Shirley Auslander Peace Angel Fund
Shoppers Drug Mart Women’s Cancers
Research Fund
Slavens Family Fund
Spin 180 Ovarian Cancer Research Fund
Spring Fund in Honour of Frank and Brenda
Spring
Stella Ruth Feitelson Patient Education Fund
Stephen Duviner Pancreatic Cancer
Research Fund
Steven Hoffman Fellowship in Molecular
Genomics Expendable Fund
Sue Bristow Leukemia Fund
Suncor/Sunoco Gynecologic Oncology Fund
Susan Grange Advanced Simulation
Program Fund
Tara Fund
Taylor Family Patient Education Fund
Tito and Maria Sansalone Fund
Toronto Downtown Immediate Breast
Reconstruction Program Fund
Toronto Fashion Show Fund
The Turack Family Fund
Vera Frantisak Fund
Wallace and Margaret McCain Fund
Wharton Fund for Head and Neck Cancer
Research
Yasmin Bhaluani Ovarian Cancer Fund
The Zoe Springer Memorial Fund
The Princess Margaret Cancer Foundation
37
named endowed funds
Abate Radiation Therapy Prize Fund
Abraham, Ethel and Jackie Richmond
Research Fund
Adele E.G. Curry Research Fund
Al Hertz Family Foundation Fund
Albert Edward Rostern Mesothelioma
Research Fund
Ann Rom Research Fund
Asaro Family Lymphoma Fellowship Fund
Ask Ethel Fund
Barbara Sharpless Breast Cancer Research
Fund
Barrick Gold Corporation Prostate Research
Fund
Bartley Bull Clinical Research Fund
Beatty Biological Research Fund
Bergsagel Visiting Professorship Fund
Bierstock Family Lectureship in Prostate
Cancer
The Brian Steck Leukemia Research Fund
Bulhoes Head and Neck Fund
C. Victor Secrett Research Fund
Carolyn Budovitch Brain Tumour Research
Endowment Fund
Catherine M. Wanless Research Fund
Charles Krowitz Endowment Fund for
Burkitt’s Lymphoma Research
Cohen and Morrison Pathology Research
Fund
Dalia McKiee Endowment Fund
Deirdre Clement Research Fund
Dong Luong Huynh Research Fund
Donna Steinberg Lung Cancer Research
Fund
Dorothy Gordon Buck Endowment Fund
Douglas Bryce Education and Research Fund
Dr. Clifford Ash Lecture Fund
Dr. Jane Poulson Breast Cancer Research
Fund
Dr. Joseph Neil Monteith Dunsmore Fund
Drs. Vera Peters & R.S. Bush Lectureship in
Radiation Oncology Fund
E.A. McCulloch Lectureship Fund
Eckler Research Endowment Fund
Edie and Eric Yolles Research Fund
Edith Kirchmann Fellowship Fund
Edward E. Wise Research Fund
Edward Futerman Leukemia Research Fund
Eleanor and Burnett Thall Research Fund
Elizabeth Duke Research Fund
Elizabeth M. Francis Fund
Elma Pearl Pinder Research Fund
Enid Hildebrand Cancer Research Fund
Ernest A. and Evelyn C. Byworth Trust for
Research Fund
Fielding Family Research Fund
Florence Winberg Endowment Fund
Freda Ariella Muscovitch Ovarian Cancer
Research Fund
Fritz Spiess Research Award Fund
Friuli Cancer Research Academic Exchange
Endowment Fund
Gail Eisen Pancreatic Cancer Research Fund
George and Kathleen Vice Research Fund
George Knudson Memorial Fellowship Fund
Gerald and Sheila Hatch Fellowship Fund
Gerald Kirsh Humanitarian Award Fund
38 2012 Report to Our Donors
Gerry and Nancy Pencer Brain Tumor Centre
Endowment Fund
Gibson Clinical Research Fund
Girling/MacLellan Research Fund
Gladys M. Davis Patient Services Fund
Glenn and Marilyn Hunnings Fund in
Haemopoiesis/Lymphopoiesis Research
Guthrie Family Fund
Gwendolyn H. Riding Research Fund
Harley Ulster and Cindy Leder Multiple
Myeloma Fund
Harold E. Johns Research Prize Fund
Harold E. Yeo Research Fund
Harry and Eleanor O’Neill Research Fund
Helen M. Cooke Professorship Fund
Helen V. Crawford Research Fund
Helena Lam Fellowship in Cancer Research
Fund
Honourable Willard Z. Estey Fund
Hubert B. Sceats Research Fund
Jane and Peter Eby Fund
JCB Grant Cancer Research Fund
Jean E. McCulloch Research Fund
Jean E. Smith Research Fund
Jeremy A. Oliver Palliative Care Endowment
Fund
Joanna Lai Fund
John and Esther Loewen Family Fund
John L. Hickey Endowment Fund
John Purkis Fund for Lung Cancer Research
John Russell Koshan Hibiscus Fund for Hope
Joseph K. McConnon Fund
Joseph Lorne Garvin Research Fund
Joseph Robert Russell Research Fund
Junior League of Toronto Pediatric Radiation
Fund
Katharine S. McLeod Research Fund
Khurshed Sanjana Multiple Myeloma
Research Fund
Lee K. and Margaret Lau Breast Cancer
Research Fund
Leslie Zeev Mozes Fund
Lyndsay, Joey and Sam Lyons Fund
Lynn King Palliative Care Fund
M. Ann MacMillan Research Fund
Margaret Mary Vivian Endowment Fund
Margaret Pollard Research Fund
Marion H. McRobert Research Fund
Mary C. Conway Research Fund
Mary Pawlyk Fund for Research into
Genitourinary Malignancies
Mary Pawlyk Fund for Research into Lung
Cancer
Max Tanenbaum Music Program Fund
McDowell-Silcox Family Research Fund
Melissa Ann Katzman Cancer Research Fund
Michael V. and Wanda Plachta Fellowship
Fund
Mildred Eady Research Fund
Mildred Goldberg Fellowship Fund
Mindy Kirsh Endowment Fund
Monica Wright Roberts National Breast
Cancer Endowment Fund
Morris and Marcia Kwinter Fund
Morrissey-Copping Palliative Care
Endowment Fund
N. B. Keevil Fellowship in Translational
Research Fund
Nizar and Gulzar Kanji Fund
Norman Latowsky Leukemia Fund
Oberlander Fellowship in Lung Cancer
Research
Pak Heng Chu Research Fund
Paola Colozza Fund for Drug Discovery
Paul MacDonald Fund
Pearl Banks Family Endowment in Melanoma
Research and Patient Care Fund
Pencer Centre Patient and Family Advisory
Committee Fund
Philip and Terry Browman Ovarian Cancer
Research Fund
Philip Lavorgna Life Over Lymphoma
Endowment Fund
Philip Torno Cancer Research Endowment
Fund
Philippa Harris Annual Lecture Fund
Phyllis Smith Nursing Education Fund
Reid-Weston Family Leukemia Research
Fund
Richard H. Grimm Lectureship in Head &
Neck Oncology Fund
Robert and Maggie Bras and Family New
Drug Development Program
Robert G. Matthews Cancer Research and
Education Fund
Robert Visagie Bone Marrow Transplant Fund
Roy Arthur Fawcett Cancer Research Fund
Ryder MacDougall Family Fund
*Scotiabank Group Director’s Chair, Centre for
Medical Discovery
Shawn’s Miracle Fund
Shiraz Bagli Memorial Fund for Basic
Research in Ovarian Cancer
Shirley Mak Breast Cancer Research Fund
Spooner Family Endowment Fund
Steven Hoffman Fellowship in Molecular
Genomics Fund
Susan E. Crerar Ovarian Cancer Early
Detection Fund
Sylvia and Louis Lockshin Patient Education
Program Fund
Sylvia Jaychuk Pancreatic Cancer Research
Fund
TD Fund for Medical Discovery
Teddy Orenstein Research Fund
Tehmi Boman Shroff Fund in Multiple
Myeloma Research
Terry Watson Research Fund
The Rabbi Joseph and Doris Kanner Fund
Tony Pennella Fund
Val Trypuc Sarcoma Research Fund
Valerie Dickson Fund
Vera McDermott Patient Education Fund
W.J. Collins and J.A. McNab Research Fund
Walter B. Pape Fund
Wharton Lectureship in Head and Neck
Cancer Fund
*Westaway Chair in Ovarian Cancer Research
William and Dorothy Drevnig and Family
Ovarian Cancer Research Fund
*Fundraising efforts still in progress.
Financials
March 31, 2012
The accompanying financial statements of The Princess Margaret Hospital Foundation were
prepared by management in accordance with generally accepted accounting principles.
Management is responsible for the integrity and objectivity of the financial statements and has
established systems of internal control which are designed to provide reasonable assurance that
assets are safeguarded from loss or unauthorized use and to produce reliable accounting records for
the preparation of financial information.
The Board of Directors is responsible for ensuring that management fulfills its responsibility
for financial reporting and internal control. The Board exercises its responsibilities through
the Investment Committee, composed of members of the Board, who meet regularly with
representatives of management and with the external investment managers and consultants, to
monitor the performance of the investment portfolio. The Audit & Accountability Committee
comprised of members of the Board and the community, meets regularly with management to
monitor the financial activity of the Foundation together with the functioning of the accounting
and control systems. This Committee also meets with management and the external auditors to
review the results of the auditing activity.
The external auditors have conducted an independent audit, in accordance with generally
accepted standards, and have expressed their opinions on the financial statements. Their report
outlines the nature of their audit and their opinion on the fairness of the financial statements
of The Princess Margaret Hospital Foundation and the accounting principles followed in
management’s preparation thereof.
John H. Bowey, FCA
Chairman, Board of Directors
Paul Alofs
President & CEO
Glenn Ives, FCA
Asha Raheja, CMA
Chair, Audit & Accountability
Committee
Treasurer
The Princess Margaret Cancer Foundation
39
INDEPENDENT AUDITORS’ REPORT
To the Members of
The Princess Margaret Hospital Foundation
REPORT ON THE FINANCIAL STATEMENTS
We have audited the accompanying financial statements of The Princess Margaret Hospital Foundation, which
comprise the balance sheet as at March 31, 2012, and the statements of revenue, expenses and changes in fund balances
and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory
information.
Management’s responsibility for the financial statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance
with Canadian generally accepted accounting principles, and for such internal control as management determines is
necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
Auditors’ responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical
requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material
misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors
consider internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to
design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on
the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting
policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit
opinion.
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of The Princess
Margaret Hospital Foundation as at March 31, 2012 and the results of its operations and its cash flows for the year
then ended in accordance with Canadian generally accepted accounting principles.
REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS
As required by the Canada Corporations Act, we report that, in our opinion, Canadian generally accepted accounting
principles have been applied on a basis consistent with that of the preceding year.
Toronto, Canada,
June 27, 2012.
40
Financials
Chartered Accountants
Licensed Public Accountants
The Princess Margaret Hospital Foundation
Incorporated under the laws of Canada
BALANCE SHEET
As at March 31
2012
$
ASSETS
Cash and cash equivalents [note 3]
Accounts receivable
Investments, at market [note 4]
Capital assets, net [note 5]
Other assets [note 6]
LIABILITIES AND FUND BALANCES
Liabilities
Due to University Health Network [note 17[f]]
Accounts payable and accrued liabilities
Deferred revenue [notes 11, 12 and 14]
Total liabilities
Commitments [notes 4[d] and 18]
Fund balances
General Fund
Restricted Fund [note 7]
Endowment Fund [note 8]
Total fund balances
[000's]
2011
$
54,541
1,764
342,193
107
12,689
411,294
52,598
1,669
310,749
118
9,928
375,062
27,068
3,074
32,154
62,296
19,962
3,024
29,452
52,438
10,032
227,552
111,414
348,998
411,294
10,135
194,788
117,701
322,624
375,062
See accompanying notes
On behalf of the Board:
Director
Director
Financials: Balance Sheet
41
42
Financials: Statement of Revenue, Expenses and Changes in Fund Balances
13,400
17,944
6,443
11,501
—
11,501
10,161
(11,527)
10,135
15,504
18,966
6,821
12,145
3
12,142
10,135
(12,245)
10,032
Investment income (loss) [note 15]
Net revenue, including investment income
General fundraising and administrative expenses [note 17]
Excess of revenue over expenses before grants
Grants
Ontario Cancer Institute/Princess Margaret Hospital [note 17[a]]
Excess of revenue over expenses and grants for the year
Fund balances, beginning of year
Interfund transfers [note 16]
Fund balances, end of year
See accompanying notes
4,544
—
—
—
—
—
—
$
6,528
(1,984)
4,544
[000's]
5,942
(2,480)
3,462
$
General Fund
2012
2011
3,462
Net fundraising and lottery revenue
Gross lottery revenue [note 14]
Direct lottery expenses [note 14]
Net lottery
Gross fundraising revenue [notes 9 and 17[e]]
Direct fundraising expenses [notes 11 and 12]
Net fundraising
Year ended March 31
194,788
16,157
227,552
63,481
16,607
1,412
80,088
81,500
2,256
79,244
56,778
(38,698)
18,080
72,912
(11,748)
61,164
$
$
165,769
7,839
194,788
54,322
21,180
1,227
75,502
76,729
5,841
70,888
52,210
(37,060)
15,150
67,028
(11,290)
55,738
[000's]
Restricted Fund
2012
2011
117,701
(3,912)
111,414
—
(2,375)
—
(2,375)
(2,375)
(3,820)
1,445
—
—
—
1,445
—
1,445
$
—
5,361
—
5,361
5,361
3,549
1,812
—
—
—
1,812
—
1,812
$
108,652
3,688
117,701
[000's]
Endowment Fund
2012
2011
STATEMENT OF REVENUE, EXPENSES AND CHANGES IN FUND BALANCES
The Princess Margaret Hospital Foundation
322,624
—
348,998
63,484
26,374
8,233
89,858
98,091
13,940
84,151
56,778
(38,698)
18,080
80,299
(14,228)
66,071
$
2012
$
2011
284,582
—
322,624
54,322
38,042
7,670
92,364
100,034
22,790
77,244
52,210
(37,060)
15,150
75,368
(13,274)
62,094
[000's]
Total
The Princess Margaret Hospital Foundation
STATEMENT OF CASH FLOWS
Year ended March 31
2012
$
OPERATING ACTIVITIES
Excess of revenue over expenses and grants for the year
Items not involving cash
Amortization of capital assets
Accrued income on investments
Unrealized gain on investments
Net change in non-cash working capital balances
Accounts receivable
Other assets
Due to University Health Network
Accounts payable and accrued liabilities
Deferred revenue
Cash provided by operating activities
INVESTING ACTIVITIES
Contributions to externally managed investments
Investment income reinvested
Additions to capital assets
Cash used in investing activities
[000's]
2011
$
26,374
38,042
84
(582)
(1,138)
59
(150)
(7,841)
(95)
(2,761)
7,106
50
2,702
31,740
(1,581)
(2,476)
628
1,749
8,230
36,660
(17,000)
(12,724)
(73)
(29,797)
(22,000)
(14,955)
(177)
(37,132)
Net increase (decrease) in cash and cash equivalents during the year 1,943
Cash and cash equivalents, beginning of year
52,598
Cash and cash equivalents, end of year
54,541
(472)
53,070
52,598
See accompanying notes
Financials: Statement of Cash Flows 43
The Princess Margaret Hospital Foundation
NOTES TO FINANCIAL STATEMENTS
[in thousands]
March 31, 2012
1. PURPOSE OF THE ORGANIZATION
The Princess Margaret Hospital Foundation [the “Foundation”] is incorporated under the
Canada Corporations Act. The Foundation was established to solicit, receive and maintain
funds and to apply these funds to improve and enhance cancer research, professional education
and patient care activities provided by the Ontario Cancer Institute/Princess Margaret Hospital
[“OCI/PMH”], which are part of the University Health Network [“UHN”].
The Foundation is a public foundation registered under the Income Tax Act (Canada) [the
“Act”] and, as such, is exempt from income taxes and able to issue donation receipts for income
tax purposes, under Registration Number 88900 7597 RR 0001.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the Foundation have been prepared in accordance with Canadian
generally accepted accounting principles. The following summary of significant accounting
policies is set forth to facilitate the understanding of these financial statements:
Future changes in accounting policies
The Accounting Standards Board of the CICA has issued Part III of the CICA Handbook that
sets out the accounting standards for not-for-profit organizations that are effective for fiscal
years beginning on or after January 1, 2012. The Foundation will transition to the new standards
in fiscal 2013. The Foundation is currently evaluating the impact of these standards.
Fund accounting
In order to ensure observance of the limitations and restrictions placed on the use of resources
available to the Foundation, the accounts of the Foundation are maintained in accordance with
the principles of fund accounting. Accordingly, resources are classified for accounting and
reporting purposes into funds. These funds are held in accordance with the objectives specified
by the donors or in accordance with directives issued by the Board of Directors [the “Board”].
Transfers between the funds are made when it is considered appropriate and authorized by the
Board. To meet these objectives of financial reporting and stewardship over assets, certain
interfund transfers are necessary to ensure the appropriate allocation of assets and liabilities
to the respective funds. These interfund transfers are recorded in the statement of revenue,
expenses and changes in fund balances.
For financial reporting purposes, the accounts have been classified into the following funds:
44
Financials: Notes to Financial Statements
[a] General Fund
The General Fund accounts for the Foundation’s general fundraising, granting and
administrative activities. The General Fund reports unrestricted resources available for
immediate purposes.
[b] Restricted Fund
The Restricted Fund includes those funds where resources are to be used for an identified
purpose as specified by the donor, as stipulated by the fundraising appeal or as determined
by the Board.
[c] Endowment Fund
The Endowment Fund includes those funds where either donor or internal restrictions
require that the principal be invested by the Foundation in perpetuity.
Investments and investment income
The investments of the Foundation are recorded at market value. Publicly traded securities are
valued based on the latest bid prices. Pooled funds and other investments that are not publicly
traded are valued based on values reported by the external investment manager. Short-term
securities are valued based on cost plus accrued income, which approximates fair value.
Transactions are recorded on a settlement date basis and transaction costs are expensed as
incurred. Investment income, which consists of dividends, interest, distributions from pooled
funds and realized and unrealized gains and losses, is recorded as revenue in the statement of
revenue, expenses and changes in fund balances.
Investment income earned on Endowment Fund or Restricted Fund resources that must be
spent on donor-restricted activities is recognized as revenue of the Restricted Fund. Investment
income subject to donor restrictions stipulating that it be added to the endowment is recognized
as revenue of the Endowment Fund. Unrestricted investment income earned on Endowment
Fund, Restricted Fund and General Fund resources is recognized as revenue of the General Fund.
Derivative financial instruments are marked to market, with gains and losses recognized in
income in the year in which the changes in market value occur.
Foreign currency translation
Revenue and expenses denominated in foreign currencies are translated into Canadian dollars at
the transaction date. Investments and other monetary items denominated in foreign currencies
are translated at the year-end rate. Translation gains and losses are included in the statement of
revenue, expenses and changes in fund balances.
Revenue recognition
Donations are recorded on a cash basis since pledges are not legally enforceable claims.
Donor-restricted donations for endowment purposes are recognized as revenue of the
Endowment Fund. Other donor-restricted donations are recognized as revenue of the Restricted
Fund. Unrestricted donations are recognized as revenue of the General Fund.
Lottery and events revenue is recognized in the fiscal year in which the program is concluded.
Revenue related to lotteries for which prize draws take place and events take place subsequent
to the year end are deferred.
Financials: Notes to Financial Statements
45
Lottery and events revenue is recognized in the fiscal year in which the program is concluded.
Revenue related to lotteries for which prize draws take place and events take place subsequent to
the year end are deferred.
Grant recognition
Grants are recognized when payable.
The Princess goods
Margaret
Contributed
and Hospital
services Foundation
Contributed capital assets that are transferred to UHN are recognized at their fair market value in
the financial statements.
OtherTO
contributed
goods and services
are not recognized.
NOTES
FINANCIAL
STATEMENTS
[in thousands]
Allocation of expenses
Direct fundraising and lottery expenses represent expenses and costs of any personnel that are
directly31,
related
March
2012 to these activities. No costs of personnel in general fundraising or other general
fundraising and administrative expenses are included in these balances. General fundraising and
administrative expenses are allocated to the Restricted Fund as a percentage of net revenue on
special events and a fixed amount determined by the Board for strategic events.
Cash and cash equivalents
Cash and cash equivalents consist of cash deposits and short-term investments with an original
term to maturity less than 90 days or able to be cashed on demand. Cash and investments meeting
the definition of cash and cash equivalents that are held for investing rather than liquidity purposes
3
are classified as investments.
Capital assets
Purchased capital assets are recorded at cost. Donated capital assets are recorded at fair value at
the date of contribution.
Amortization is provided on a straight-line basis over the estimated useful lives of the assets as
follows:
Office equipment
Computer hardware and software
10 years
3 years
Other assets
Costs directly related to the development of future lotteries and events are presented as other
assets when the Foundation can reliably demonstrate that there is a future economic benefit
associated with these costs. These costs are expensed over their useful life, which is when the
lottery or event is held. Such costs are expensed immediately when there is insufficient evidence
that the costs are recoverable.
Financial instruments
The Foundation is subject to market, currency and interest rate price risks with respect to its
investments. To manage these risks, the Foundation has established a target mix of investment
types designated to achieve the optimum return with reasonable risk tolerance.
The Foundation has chosen to apply CICA 3861, Financial Instruments - Disclosure and
Presentation, in place of CICA 3862, Financial Instruments - Disclosures, and CICA 3863,
Financial Instruments - Presentation.
4
46
Financials: Notes to Financial Statements
March 31, 2012
Employee future benefit plans
The Foundation participates in a multi-employer defined benefit pension plan and non-pension
defined benefit plans sponsored by UHN. Contributions to these plans are expensed when due.
Use of estimates
The preparation of financial statements in conformity with Canadian generally accepted
accounting principles requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at
the date of the financial statements and the reported amounts of revenue and expenses during the
reporting period. Actual results could differ from those estimates.
3. CASH AND CASH EQUIVALENTS
Cash and cash equivalents consist primarily of amounts held for the General and Restricted Funds
and net funds received in advance related to lotteries and events to be held during the next fiscal
year.
4. INVESTMENTS
[a] Investments consist of the following:
2012
The Princess Margaret Hospital Foundation
Cash
Short-term investments
Bonds
NOTES
Equities
Canadian
US and other foreign
TO FINANCIAL
[in thousands]
March
31, 2012investments
Alternative
Forward foreign exchange contract
$
1,405
3,850
226,379
STATEMENTS
13,067
64,114
77,181
31,288
2,090
342,193
2011
$
6,568
3,335
190,584
16,435
64,997
81,432
26,067
2,763
310,749
Alternative investments include investments in hedge funds and private capital. The amounts
invested in pooled funds have been allocated among the asset classes, based on the asset
classes held by the pooled funds.
5
In order to manage foreign currency exposure, the Foundation has entered into a forward
foreign exchange contract with a US bank. This contract, maturing on April 5, 2012, allows
the sale of US$65,900 at an exchange rate of 1.0313. The fair market value of this contract
as at March 31, 2012 is a gain of $2,090 [2011 - $2,763].
[b] Investments are managed as two pools:
•
•
Investments related to the Endowment Fund are invested as follows: cash and short-term
investments – 0% [2011 - 5%], bonds - 7% [2011 - 6%], equities - 67% [2011 - 68%] and
alternative investments - 26% [2011 - 21%].
Investments related to the General and Restricted Funds are substantially invested in
short-term investments and bonds. The fixed income securities in the general and
restricted portfolio had a weighted average yield of 4.2% [2011 - 5.0%] and an average
term to maturity of 9.1 years [2011 - 8.6 years].
[c] During the year ended March 31, 2012, $17,000 [2011 - $22,000] was transferred to the
investment portfolio.
[d] The Foundation has outstanding commitments to invest $7,168 [2011
- $10,900]
private Statements
Financials:
Notesin
to Financial
capital over the next three to five years.
47
•
•
alternative investments - 26% [2011 - 21%].
alternative investments
26%
[2011 -and
21%].
Investments
related to -the
General
Restricted Funds are substantially invested in
are substantially
investedand
in
Investments
related
to
the
General
and
Fundssecurities
short-term investments and bonds. The Restricted
fixed income
in the general
short-term
investments
and
bonds.
The
fixed
income
securities
in
the
general
and
restricted portfolio had a weighted average yield of 4.2% [2011 - 5.0%] and an average
restricted
portfolio
hadyears
a weighted
yield of 4.2% [2011 - 5.0%] and an average
term
to maturity
of 9.1
[2011 -average
8.6 years].
term to maturity of 9.1 years [2011 - 8.6 years].
[c] During the year ended March 31, 2012, $17,000 [2011 - $22,000] was transferred to the
[c] investment
During the portfolio.
year ended March 31, 2012, $17,000 [2011 - $22,000] was transferred to the
investment portfolio.
[d] The Foundation has outstanding commitments to invest $7,168 [2011 - $10,900] in private
[d] capital
The Foundation
has three
outstanding
commitments to invest $7,168 [2011 - $10,900] in private
over the next
to five years.
capital over the next three to five years.
5. CAPITAL ASSETS
5. CAPITAL ASSETS
The Princess Margaret Hospital Foundation
Capital assets consist of the following:
Capital assets consist of the following:
2012
2011
2012
NOTES TO FINANCIAL
STATEMENTS2011
Net
Cost
Cost
$
$
March 31, hardware
2012
Computer
Computer
hardware
and software
and software
Net
[in thousands]book
Accumulated
Accumulated
book
amortization
value
amortization
value
$
$
250
250
250
250
$
$
143
143
143
143
107
107
107
107
Cost
Cost
$
$
Accumulated
Accumulated
amortization
amortization
$
$
177
177
177
177
59
59
59
59
Net
Net
book
book
value
value
$
$
118
118
118
118
6. OTHER ASSETS
6
6
Other assets consist of the following:
2012
2011
1,219
2,302
403
8,765
12,689
1,074
1,938
98
6,818
9,928
$
Future events
Weekend to End Women's Cancers [note 11]
Ride to Conquer Cancer [note 12]
Others
Future lotteries [note 14]
$
7. RESTRICTED FUND
The Restricted Fund consists of funds available for spending for priorities in progress at
OCI/PMH that are restricted by donors or the Board for the following purposes:
2012
2011
126,016
26,285
43,136
195,437
114,782
27,597
32,465
174,844
12,579
19,536
32,115
227,552
3,343
16,601
19,944
194,788
$
Donor-restricted balances
Restricted for research purposes
Restricted for purchase of capital assets
Restricted for patient support and other
Internally imposed restrictions
Restricted for research purposes
Special reserve
48
Financials: Notes to Financial Statements
$
March 31, 2012
8. ENDOWMENT FUND
The Endowment Fund consists of externally restricted contributions received by the Foundation
where the endowment principal is required to be invested by the Foundation in perpetuity. The
Endowment Fund also includes internal resources transferred by the Board to the Endowment
Fund, with the intention that the principal be invested in perpetuity. The investment income
generated from assets held for endowment purposes must be used in accordance with the various
purposes established by the donors or the Board.
Major categories of restrictions on fund balances are as follows:
2012
2011
77,851
83,047
12,510
13,579
96,626
9,925
656
10,472
21,053
111,414
9,309
717
11,049
21,075
117,701
$
Externally imposed endowments
Endowments, the income from which must
The
Princess Margaret Hospital Foundation
be used for research purposes
Endowments, the income from which must
be used for other restricted purposes
$
NOTES TO FINANCIAL STATEMENTS
90,361
[in thousands]
Internally imposed endowments approved by the Board
Funds restricted for research
Funds restricted for other purposes
March
31, 2012
Unrestricted
funds
9. GROSS FUNDRAISING REVENUE
Gross fundraising revenue consists of the following:
General Fund
2012
2011
Annual programs [note 13]
Major gifts and bequests
Weekend to End Women's
Cancers [note 11]
Ride to Conquer Cancer
[notes 10 and 12]
Restricted Fund
2012
2011
$
$
$
4,171
1,771
4,102
2,426
12,251
31,190
—
—
—
5,942
—
6,528
$
Endowment Fund
2012
2011
$
$
9,050
28,932
147
1,298
303
1,509
9,717
11,127
—
—
19,754
72,912
17,919
67,028
—
1,445
8
—
1,812
10. ROYALTIES
The Foundation has licensed the Ride to Conquer Cancer to other cancer charities across Canada
to support their fundraising efforts. During fiscal 2012, the Ride to Conquer Cancer raised $47,331
[2011 - $42,800] gross revenue nationally, including the Toronto event revenue. This has resulted
in $1,264 [2011 - $1,181] of royalty revenue, to be used for collaborative research projects, which
has been included in the Ride to Conquer Cancer fundraising revenue [note 9].
11. WEEKEND TO END WOMEN'S CANCERS
During the years ended March 31, 2012 and 2011, the Foundation held a fundraising event, the
Weekend to End Women's Cancers. Financial results included in the statement of revenue,
expenses and changes in fund balances are as follows:
2012
2011
$
$
Financials:
Notes to Financial
Statements
Revenue [note 9]
9,717
11,127
49
to support their fundraising efforts. During fiscal 2012, the Ride to Conquer Cancer raised $47,331
[2011 - $42,800] gross revenue nationally, including the Toronto event revenue. This has resulted
in $1,264 [2011 - $1,181] of royalty revenue, to be used for collaborative research projects, which
has been included in the Ride to Conquer Cancer fundraising revenue [note 9].
11. WEEKEND TO END WOMEN'S CANCERS
During the years ended March 31, 2012 and 2011, the Foundation held a fundraising event, the
Weekend to End Women's Cancers. Financial results included in the statement of revenue,
The Princess
Margaret
expenses
and changes
in fund Hospital
balances areFoundation
as follows:
2012
$
NOTES TO FINANCIAL STATEMENTS
Revenue [note 9]
[in thousands]
Direct expenses
Logistics
Marketing
and other
March
31, 2012
2011
$
9,717
11,127
2,617
1,103
3,720
5,997
2,929
1,064
3,993
7,134
As at March 31, 2012, revenue of $1,474 [2011 - $1,596] received during the year ended9
March 31, 2012 associated with the event to be held in September 2012 has been deferred and
recorded in the balance sheet. Costs of $1,219 [2011 - $1,074] incurred during the year ended
March 31, 2012 have been included in other assets [note 6] in the balance sheet. The results of the
event will be recorded as revenue and expenses in the financial statements for the year ending
March 31, 2013.
12. RIDE TO CONQUER CANCER
During the years ended March 31, 2012 and 2011, the Foundation held a fundraising event, the
Ride to Conquer Cancer. Financial results included in the statement of revenue, expenses and
changes in fund balances are as follows:
2012
2011
19,754
17,919
4,223
1,341
5,564
14,190
4,318
1,122
5,440
12,479
$
Revenue [notes 9 and 10]
Direct expenses
Logistics
Marketing and other
$
As at March 31, 2012, revenue of $6,054 [2011 - $5,948] received during the year ended
March 31, 2012 associated with the event to be held in June 2012 has been deferred and recorded
in the balance sheet. Costs of $2,302 [2011 - $1,938] incurred during the year ended March 31,
2012 have been included in other assets [note 6] in the balance sheet. The results of the event will
be recorded as revenue and expenses in the financial statements for the year ending March 31,
2013.
13. PROVINCIAL GRANT
In fiscal 2009, a grant of $15,000 was announced by the Province of Ontario to support The Anna
Maria de Souza Knowledge Transfer Centre for Oncology Nursing. Since the Foundation is
acting as a paymaster for this grant, the Province of Ontario will pay the Foundation $3,000 per
year over five years. In fiscal 2012, the fourth payment of $3,000 [2011 - third payment of $3,000]
was received and $2,850 [2011 - $2,850] was paid to UHN who, jointly with Cancer Care Ontario,
is administrating the grant. The receipt of the grant from the Province of Ontario and payment to
10
50
Financials: Notes to Financial Statements
March 31, 2012
UHN have not been recorded in these financial statements. An amount of $150 was recorded as
annual program fundraising revenue [note 9] in the General Fund representing the Foundation's
fee.
14. LOTTERIES
During the years ended March 31, 2012 and 2011, the Foundation held two lotteries. Financial
results included in the statement of revenue, expenses and changes in fund balances are as follows:
2012
2011
56,778
52,210
22,222
16,476
38,698
18,080
20,878
16,182
37,060
15,150
$
Revenue
Direct expenses
Prizes
Marketing and other
The Princess Margaret Hospital Foundation
$
FINANCIAL
STATEMENTS
Prior to MarchNOTES
31, 2012, TO
the Foundation
committed
to carrying out the spring 2012
Princess Margaret Hospital Home Lottery[in
[thethousands]
"Home Lottery"], which was held in May 2012. As
at March 31, 2012, revenue of $24,044 [2011 - $21,058] received during the year ended March 31,
2012 associated with the Home Lottery has been deferred and recorded in the balance sheet. Costs
of $8,765 [2011 - $6,818] incurred during the year ended March 31, 2012 have been included in
other assets
[note 6] in the balance sheet. The results of the Home Lottery will be recorded as
March
31, 2012
revenue and expenses in the financial statements for the year ending March 31, 2013. The
Foundation has a standby letter of credit of $13,397 that expires on June 18, 2012 obtained in
connection with the Home Lottery.
15. INVESTMENT INCOME
[a] Investment income earned on the Foundation's assets consists of the following:
2012
2011
11,886
1,488
1,138
14,512
572
13,940
10,581
4,888
7,841
23,310
11
520
22,790
$
Interest and dividends
Realized gains
Net change in unrealized gain on investments
Less investment management and custodial fees
$
[b] Investment income is allocated among the funds based on the Foundation's capital
preservation policy. This policy has the objective of protecting the real value of the
endowments by limiting the amount of earned income available for spending and requiring
the reinvestment of any income earned in excess of this limit. This preservation of capital is
recorded as revenue of the Endowment Fund for externally endowed funds. For internally
endowed funds, the preservation of capital is recorded as income of the General Fund and
transferred to the Endowment Fund in the statement of revenue, expenses and changes in fund
balances. In any year, should net investment income not be sufficient to fund the amount
required for spending, the amount that is to be made available for spending is funded by a
transfer from the Endowment Fund.
Currently, the income available for spending is set at 3.5% [2011- 4%] of the market value of
the Endowment Fund balances. An additional 1% is recorded in the General Fund to cover
administrative costs.
to Financial Statements 51
Investment income recorded in the Restricted Fund represents incomeFinancials:
earned onNotes
endowments
where the donor has stipulated that the income must be used for restricted purposes or where
endowed funds, the preservation of capital is recorded as income of the General Fund and
transferred to the Endowment Fund in the statement of revenue, expenses and changes in fund
balances. In any year, should net investment income not be sufficient to fund the amount
required for spending, the amount that is to be made available for spending is funded by a
transfer from the Endowment Fund.
Currently, the income available for spending is set at 3.5% [2011- 4%] of the market value of
The
Princess
Margaret
Hospital
Foundation
Endowment
Fund balances.
An Foundation
additional 1% is recorded in the General Fund to cover
Thethe
Princess
Margaret
Hospital
administrative costs.
NOTES
TO
FINANCIAL
STATEMENTS
Investment income
recorded
in the
Restricted Fund represents
income earned on endowments
NOTES
TO
FINANCIAL
STATEMENTS
[inincome
thousands]
where the donor has stipulated that the
must be used for restricted purposes or where
[in thousands]
there are agreements requiring income to be allocated to restricted funds.
[c] Gains and losses arising from the sale of donated investments that fund specific endowed or
restricted
funds are recorded in these funds.
March
31, 2012
March 31, 2012
[d] In 2012, investments held for endowments incurred an investment loss of $4,649. The loss of
$3,820 related to externally endowed funds was recorded as a direct reduction in the
Endowment Fund. The loss of $829 related to internally endowed funds was recorded in the
General Fund and an equal amount was transferred from the Endowment Fund to the General
General Fund and an equal amount was transferred from the Endowment Fund to the General
Fund to cover the loss. Because there was a loss, there was no investment income available
Fund to cover the loss. Because there was a loss, there was no investment income available
for preservation of capital, to make an amount available for spending or to cover
12
for preservation of capital, to make an amount available for spending or to cover
administrative costs. The amount made available for spending of $3,923 was transferred from
administrative costs. The amount made available for spending of $3,923 was transferred from
the Endowment Fund to the Restricted Fund and the amount available to cover administrative
the Endowment Fund to the Restricted Fund and the amount available to cover administrative
costs of $1,120 was transferred from the Endowment Fund to the General Fund.
costs of $1,120 was transferred from the Endowment Fund to the General Fund.
In 2011, investment income earned on investments held for endowments totaled $10,042, of
In 2011, investment income earned on investments held for endowments totaled $10,042, of
which $4,341 was allocated for the preservation of capital. Of this amount, $3,549 related to
which $4,341 was allocated for the preservation of capital. Of this amount, $3,549 related to
externally endowed funds was recorded as investment income of the Endowment Fund.
externally endowed funds was recorded as investment income of the Endowment Fund.
Capital preservation of $792 related to Board endowed funds was recorded as investment
Capital preservation of $792 related to Board endowed funds was recorded as investment
income of the General Fund and then transferred to the Endowment Fund. In 2011 the
income of the General Fund and then transferred to the Endowment Fund. In 2011 the
amount made available for spending of $3,802 related to externally endowed funds was
amount made available for spending of $3,802 related to externally endowed funds was
recorded as income of the Restricted Fund. The amount of $759 made available for spending
recorded as income of the Restricted Fund. The amount of $759 made available for spending
related to internally endowed funds was recorded as investment income of the General Fund
related to internally endowed funds was recorded as investment income of the General Fund
and then transferred to the Restricted Fund. An amount of $1,140 was included in General
and then transferred to the Restricted Fund. An amount of $1,140 was included in General
Fund investment income related to the funds made available to cover administrative costs.
Fund investment income related to the funds made available to cover administrative costs.
16.
16. INTERFUND
INTERFUND TRANSFERS
TRANSFERS
[a] Transfers between funds consist of the following:
[a] Transfers between funds consist of the following:
General Fund
General Fund
2012
2011
2012
2011
$
$
$
Board and donor approved
Board and donor approved
re: fund restrictions [note 16[b]]
re: fund restrictions [note 16[b]]
Allocation of investment
Allocation of investment
income in accordance
income in accordance
with Board policy [note 15[d]]
with Board policy [note 15[d]]
[b] In 2012, the Board approved
[b] In 2012, the Board approved
Fund to the Restricted Fund
Fund to the Restricted Fund
Endowment Fund.
Endowment Fund.
(14,194)
(14,194)
$
Restricted Fund
Restricted Fund
2012
2011
2012
2011
$
$
$
$
Endowment
Endowment
Fund
Fund
2012
2011
2012
2011
$
$
$
$
(9,976) 12,234
(9,976) 12,234
7,080
7,080
1,960
1,960
2,896
2,896
1,949 (1,551) 3,923
1,949 (1,551) 3,923
(12,245) (11,527) 16,157
(12,245) (11,527) 16,157
759
759
7,839
7,839
(5,872)
(5,872)
(3,912)
(3,912)
792
792
3,688
3,688
transfers totaling $12,234 [2011 - $7,080] from the General
transfers totaling $12,234 [2011 - $7,080] from the General
and $1,960 [2011 - $2,896] from the General Fund to the
and $1,960 [2011 - $2,896] from the General Fund to the
The transfers relate to internally imposed restrictions approved by the Board and changes in
The transfers relate to internally imposed restrictions approved by the Board and changes in
the designation of funds as directed by donors.
the designation of funds as directed by donors.
13
13
52
Financials: Notes to Financial Statements
March 31, 2012
17. RELATED PARTY TRANSACTIONS
[a] During the year, the Foundation funded the following projects carried out at the OCI/PMH
and UHN:
General Fund
2012
2011
$
Equipment
Research
Construction of centres
within the hospital
$
Restricted Fund
2012
2011
$
$
Endowment Fund
2012
2011
$
$
—
3
—
—
4,622
51,829
2,490
49,002
—
—
—
—
—
3
—
—
7,030
63,481
2,830
54,322
—
—
—
—
[b] UHN provides certain services to the Foundation and pays some expenses on behalf of the
Foundation. The Foundation reimburses UHN for all direct costs associated with services
provided and expenses paid. Administrative expenses include a charge of $25 [2011 - $25]
paid to UHN for office space, service fees and use of furniture and equipment.
[c] The Foundation pays certain common expenses on behalf of affiliated foundations and is
reimbursed for these expenses. In addition, the Foundation reimburses affiliated foundations
for those common expenses incurred by these foundations on behalf of the Foundation.
[d] Salaries, benefits and certain other expenses are paid by UHN and are reimbursed by the
Foundation.
[e] Fundraising includes $40 [2011 - $1,396] received from affiliated foundations in connection
with a donation recorded by those foundations directed by the donor to the Foundation.
[f] Amounts due to UHN are non-interest bearing and due on demand. Transactions between
UHN and the Foundation are in the normal course of business and are measured at the
exchange amount, which is the amount of consideration established and agreed to by the
related parties.
[g] The Board of Directors of The Princess Margaret Hospital Foundation includes two members,
affiliated with a professional services firm which was independently retained by Foundation
management, pursuant to a Request For Proposal Process, to perform administration services
for the lottery program and donation processing services for The Road Hockey to Conquer
Cancer fundraising event for total fees of $1,458 [2011 - $1,202].
14
Financials: Notes to Financial Statements
53
March 31, 2012
18. COMMITMENT
As at March 31, 2012, the Foundation has approved plans to make a research grant of $19,200 to
OCI/PMH which will be expensed during the year ending March 31, 2013.
19. UNIVERSITY OF TORONTO GRADUATE STUDENT ENDOWMENT
During 1997, the Foundation negotiated an agreement in which a grant of $3,300 from the
Foundation to the University of Toronto [the "University"] was matched equally by the
University and the Ontario Government through the Ontario Student Opportunity Trust Fund.
This established a $9,900 endowment to be held by the University for the benefit of graduate
students studying with University faculty members located at the OCI/PMH facilities and engaged
in cancer research.
The following financial results for the year ended April 30, 2012 were reported by the University
to the Foundation:
Endowment
Fund
$
Balance, at market value, as at April 30, 2011
Investment gain
Transfer to Expendable Fund
Student
awards Margaret Hospital Foundation
The Princess
Balance, at market value, as at April 30, 2012
10,227
112
(462)
—
9,877
Expendable
Fund
D
D
$
858
—
462
(214)
1,106
TO FINANCIAL STATEMENTS
20. CAPITAL NOTES
MANAGEMENT
[in thousands]
In managing capital, the Foundation focuses on liquid resources available for operations. The
Foundation's objective is to have sufficient liquid resources to continue operating despite adverse
financial events and to provide it with the flexibility to take advantage of opportunities that will
advance
its 2012
purposes. The need for sufficient liquid resources is considered in the preparation of
March 31,
an annual budget and in the monitoring of cash flows and actual operating results compared to the
budget. As at March 31, 2012, the Foundation has met its objective of having sufficient liquid
resources to meet its current obligations.
21. COMPARATIVE FINANCIAL STATEMENTS
The comparative financial statements have been reclassified from statements previously presented
to conform to the presentation of the 2012 financial statements.
15
54
Financials: Notes to Financial Statements
The Princess Margaret cancer Foundation
STATEMENT OF REVENUE, EXPENSES AND CHANGES IN FUND BALANCES ($ thousands)
Year ended March 31 Gross fundraising revenue
Direct fundraising expenses1
Net fundraising revenue
Direct fundraising expenses / gross fundraising
revenue
Gross lottery revenue
Direct lottery expenses
Net lottery revenue
2008
2009
2010
2011
2012
61,678 72,804 70,530
75,368 80,299
(8,902) (15,241) (12,308) (13,274) (14,228)
52,776 57,563 58,222 62,094
66,071
14.4%
20.9%
17.5%
17.6%
17.7%
66,632 56,897 50,206 (52,918) (41,310) (38,457)
13,714 15,587 11,749 66,490 Investment income (loss)
6,472 (18,467) 43,658 22,790 13,940
72,962 54,683 113,629 100,034 98,091
Net revenue, including investment income (loss)
General fundraising and administrative expenses2
6,691 7,292 77,244 6,744 7,670 8,233
9.6%
9.9%
9.8%
10.1%
Excess of revenue over expenses before grants
66,271 47,391 106,885 92,364 89,858
3,514 2,789 1,514 47,439 50,365 46,763 700 700 700 2,984 8,250 4,841 54,637 62,104 53,818 2,830 7,030
48,302 51,132
700 700
2,490 4,622
54,322 63,484
Excess (deficiency) of revenue over expenses and grants 11,634 (14,714) 53,067 Direct fundraising
expenses represent costs
for logistics, marketing
and other expenses
directly related to
fundraising activities
including those for our
major events such as
The Enbridge Ride to Conquer
Cancer, Shoppers Drug Mart
Weekend to End Women’s
Cancers and our Direct
Marketing programs.
2
General fundraising and
administrative expenses
are the overhead
costs associated with
running the Foundation
operations.
84,151
General fundraising and administrative expenses/
Net fundraising and lottery revenue
(excluding investment income (loss))
Grants to OCI/PMH
Building
Research
Education
Equipment
10.0%
69,971 1
52,210 56,778
(37,060) (38,698)
15,150 18,080
Net fundraising and lottery revenue
73,150 Notes
38,042 26,374
Fund Balances
Endowments
Restricted
Unrestricted
Held by University of Toronto
Total Capital
109,118 89,582 108,652 117,701 111,414
133,945 137,746 165,769 194,788 227,552
3,165 4,187 10,161 10,135 10,032
246,228 231,515 284,582 322,624 348,998
13,415 9,222 10,330 11,085 10,983
259,643 240,737 294,912 333,709 359,981
Fundraising Efficiency and Effectiveness
At The Princess Margaret Cancer Foundation, we aim to operate with
the efficiency and effectiveness of a private sector leader, but with
the vision and mission of a not-for-profit cause. We have several key
measures for our fundraising effectiveness which we monitor on a
regular basis and publish to our donors.
Net fundraising revenue per employee: For fiscal 2012 our net fundraising
revenue was $84.2 million and we had 64 full-time employees for a
net fundraising per employee of $1.3 million.
General fundraising and administrative expenses as a percentage of net fundraising
and lottery revenue: For 2012, this was 9.8%.
Our lotteries continue to be a critical source of funding for our
research programs. All prizes for our lotteries are purchased by the
Foundation making the cost of operation significant. However, the
net return to the Foundation is significant as well, and in fiscal 2012
lotteries contributed $18.1 million for a total of $229 million over 16
years. Lotteries are operated under provincial licenses, and lottery
ticket buyers do not receive a tax receipt.
Our major events, including the Shoppers Drug Mart Weekend to End
Women’s Cancers, The Enbridge Ride to Conquer Cancer, and Road Hockey
to Conquer Cancer, average a return to charity of 65% after expenses.
Full reports on these activities and their gross and net contributions
to the Foundation are found in the notes to our financial statements.
The Princess Margaret Cancer Foundation
55
We’re now the
Princess Margaret
Cancer Centre
This fall, The Princess
Margaret will change its official
name from Princess Margaret
Hospital to Princess Margaret
Cancer Centre. The reason
for this change is simple. The
Princess Margaret focuses
only on cancer research and
cancer care, and our surveys
indicate that the general public
does not know this. The new
name, along with our mission
to CONQUER CANCER IN
OUR LIFETIME, will make
our passion and our focus clear
to everyone.
The new name also better
describes the diversity of work
that is done at this institution,
which is part of University
Health Network (UHN). Patient
care is at the heart of what we
do, but in concert with that
care is breakthrough research
starting with basic science and
design of new equipment and
devices, continuing through to
clinical testing of new therapies
and procedures. The Princess
Margaret provides exemplary
teaching, and the worldclass reputation of the centre
attracts the brightest young
56 2012 Report to Our Donors
researchers and doctors from
around the world who come
here specifically to work with
our esteemed scientists and
clinicians.
As part of UHN, The
Princess Margaret and other
member hospitals share
common services including
robot-equipped surgical suites,
a highly skilled pathology
department, and administrative
services.
Finally, the name change
reflects the institution’s
reputation and position as one
of the top 5 comprehensive
cancer research centres in the
world.
In tandem with this change,
the Foundation will change its
name to The Princess Margaret
Cancer Foundation.
Both of these changes will
be implemented in stages over
the next year as we adopt the
new names as cost-efficiently as
possible.
The Princess Margaret cancer Foundation
(As of March 31, 2012)
Board of Directors
Board Committees
Human Resources and Compensation
John H. Bowey, FCA - Chairman
Stephen Bear
Dr. Robert Bell
Dr. Charles Chan
Tom Ehrlich
Janice Fukakusa
Stephen M. Goldhar
Dr. Mary Gospodarowicz
David P. Harris
Marianne Harris
Glenn Ives
Chris Jordan
Nizar E. Kanji
Farsad Kiani
Maureen Shaughnessy Kitts
The Honourable Kevin G. Lynch
Karen Maidment
Dr. Benjamin Neel
Dr. Christopher J. Paige
Domenic Pilla
Wendy C. Posluns
Larry Rosen
Jürgen Schreiber
Audit and Accountability
Chair: David P. Harris
Members
Stephen Bear
Dr. Robert Bell
John. H. Bowey, FCA
Glenn Ives
To view our online annual report, go to
www.pmhf.ca/onlinereport2012
Chair: Glenn Ives
Members
John H. Bowey, FCA
Nizar E. Kanji
Larry Rosen
Terry Bacinello (Community)
Governance
Chair: Nizar E. Kanji
Members
Stephen Bear
John H. Bowey, FCA
Dr. Charles Chan
Farsad Kiani
Wendy C. Posluns
Betsy Wright (Community)
Granting, Stewardship and Impact
Chair: Tom Ehrlich
Members
Keith Ambachtsheer (Community)
Stephen Bear
John H. Bowey, FCA
Dr. Mary Gospodarowicz
Maureen Shaughnessy Kitts
The Honourable Kevin G. Lynch
Dr. Benjamin Neel
Dr. Christopher J. Paige
Wendy C. Posluns
Investment
Chair: Marianne Harris
Members
John H. Bowey, FCA
Stephen M. Goldhar
Karen Maidment
President & CEO’s Advisory
Committees
Lottery
Chair: Candace Innes (Community)
Members
Paul Alofs
Chris Jordan
Maureen Shaughnessy Kitts
Christine Lasky
Design: Y&R (pro bono)
Photography: Jesse Sanko Photography, michael t photography & design inc.
Production: Corporate Graphics Department, University Health Network
Printing: Hemingway Communications Inc.
Conquer cancer in our lifetime
Vaincre le cancer, le défi de notre vie
Sconfiggiamo il cancro durante la nostra vita
Vamos vencer o cancro na nossa geração
Office/Courier Address:
700 University Avenue, 10th Floor, Toronto, ON M5G 1Z5
Mailing Address:
610 University Avenue, Toronto, ON M5G 2M9
T: 416.946.6560 1.866.224.6560 F: 416.946.6563
Charitable Organization No. 88900 7597 RR0001
www.pmhf.ca