FFINAL_NOVEMBER 11pm.indd - Heart and Stroke Foundation of
Transcription
FFINAL_NOVEMBER 11pm.indd - Heart and Stroke Foundation of
HEART AND STROKE FOUNDATION OF ONTARIO ANNUAL REPORT 2005 Rocco Rossi CONTENTS Rocco Rossi Message from the CEO 1 Celebrating Excellence 16 The Difference: Excellence in Research 3 –4 Heartfelt Thanks 17 Prevention a Powerful Answer 6 – 11 Message from the Chair 19 Financial Review 2005 20 – 21 Volunteers & Donors are the Foundation 12 – 15 Heart and Stroke Foundation of Ontario Annual Report 2005 MESSAGE from the CEO It is a little under a year since I joined the Heart and care strategy. As a result, the Ontario Ministry of Health and Stroke Foundation of Ontario and it’s a privilege to Long-Term Care has committed to spending $30 million work with so many dedicated and talented people. a year to operate 26 stroke care centres in the province. Throughout our organization, from researchers to volunteers This Ontario Stroke System brings together all aspects of to survivors and their families, there is a sense of shared stroke care, including prevention and coordinated care from goals. We are all in it together. diagnosis to rehabilitation, and is truly a North American first. Our mission is set out clearly before us — research, The Heart and Stroke Foundation Centre for Stroke education and advocacy aimed at reducing the burden of Recovery is a unique facility linking top stroke researchers heart disease and stroke. And what the Foundation does from the Ottawa Health Research Institute, Baycrest Centre best, we do by making connections. and Sunnybrook and Women’s College Health Sciences. It’s For example, the Foundation is taking AIM (Area of Investment in Mission) at high blood pressure. Only 16% of Canadians with high blood pressure have it diagnosed about making connections to create a whole that is greater than the sum of its parts. Of course, huge challenges remain. For example, and under control. We are working with family physicians, obesity threatens to remove years from the lifespan of nurses and pharmacists to help reverse these shocking our children. Between 1981 and 1996, overweight and statistics. obesity has tripled among Canadian children. The children The Foundation has also recently created a vital portrayed on the cover can and should be part of a connection with the new Northern Ontario School of generation that is largely free of heart disease and stroke, Medicine. We will be an important partner, providing but instead could be part of a generation that dies at a scholarship support to students who will become the younger age than their parents. doctors of tomorrow. Connections of a different sort saw the Foundation The Foundation provides the vital sparks that fuel the engine that delivers the research, the educational materials playing a crucial role in Ontario’s milestone smoke-free and the partnerships, provided we can maintain that legislation. Thanks to our partnership with the Ontario Lung critical connection to you — our donors, volunteers, staff, Association, the Canadian Cancer Society (Ontario Division), researchers and partners. the Non-Smokers Rights Association, the Ontario Medical Association and a courageous provincial government, we Together I believe we will build a future of generations free from heart disease and stroke. are all breathing cleaner, healthier air. Partnership with the provincial government also helped the Foundation create the model for a comprehensive stroke Rocco Rossi Chief Executive Officer Together I believe we will build a future of generations free from heart disease and stroke. Keeping our kids fit is shaping up to be a major challenge. THE DIFFERENCE: EXCELLENCE in RESEARCH The past 12 months have given us another year of remarkable achievement for the Heart and Stroke Foundation of Ontario. We are creating an entirely new model to help deal with the province’s continuing problem of high blood pressure. Our continued advocacy of anti-smoking legislation finally paid off, making the air in so many more public places a whole lot healthier. This year saw major expansion of the Ontario Stroke System following the model established by the Foundation. And, last but not least, our researchers continued to uncover the root causes of heart disease and stroke that lead to new treatments and methods of prevention. 2005 has reaffirmed what we have long known — that research, patient care, public health policy and advocacy are intertwined like strands of a thread. By connecting in this way, we maximize the strength, flexibility and insightful sense of purpose that we need to fulfill our mission. RESEARCH ADVANCING AT AN UNPRECEDENTED RATE The Heart and Stroke Foundation’s ongoing tradition of supporting world-class science means today’s research climate is producing advances at an unprecedented rate. Since its inception, the Foundation has invested over $500 million in life-saving research into heart disease and stroke, currently funding more than 250 investigative teams in hospitals, universities and research institutions across the province. Here are some of the highlights. THE MAGIC NUMBER IN 90% OF HEART ATTACKS Heart and Stroke Foundation researcher, Dr. Salim Yusuf, believes in looking at the big picture. Dr. Yusuf studied more than 30,000 people in 52 countries, and has identified nine risk factors that account for 90% of first heart attacks. Smoking, abnormal blood lipids, high blood pressure, diabetes, abdominal obesity, stress, poor consumption of fruit and vegetables, alcohol intake and lack of exercise are the important risk factors, says Dr. Yusuf. His research could lead to a uniform strategy for preventing heart attacks — regardless of age, sex, race or geographic region. RESEARCH GETTING KIDS ATTENTION — ONLINE One in four Canadian children is now either overweight or obese. Many are being diagnosed with “grown up” illnesses like atherosclerosis (narrowing of the arteries), and hypertension. Heart and Stroke Foundation investigator, Dr. Gary Goldfield and his team in Ottawa are tackling this problem with a behaviour modification approach using the Internet to counsel kids about healthier lifestyles. This approach targets kids where many of them live these days — in front of the computer — and is designed to transform their unhealthy behaviours and attitudes into healthier ones. 3 Heart and Stroke Foundation of Ontario Annual Report 2005 THE DIFFERENCE: EXCELLENCE in RESEARCH con’t. STROKE REHABILITATION IN 3D ONTARIO A WORLD PLAYER The future of stroke rehabilitation is today’s reality at the Heart and Stroke Foundation of Ontario researchers excel Heart and Stroke Foundation Centre for Stroke Recovery when compared with the USA, Japan, UK, France, Italy, (HSFCSR). Patients are testing a virtual reality data glove Germany and Canada. A recent international analysis which creates a computerized 3D image of the hand. of heart and stroke research ranked Heart and Stroke Moving the images provided by the glove is helping Foundation of Ontario scientists as global leaders in patients regain manual function. And in another futuristic several crucial research areas including cardiovascular development, patients are wearing the Life Shirt, which and neurological medicine. monitors heart rate and anxiety levels. “The Heart and Stroke Foundation Centre for Stroke Recovery is the first organization of this approach is the next revolution in the field of KEEPING OUR PROMISE TO THE NEXT GENERATION stroke, and the Heart and Stroke Foundation Ten years ago, Emily LaRose kind. They unite different medical disciplines in the quest to transform stroke discovery. This Centre for Stroke Recovery is leading the was born with a heart condition charge, serving as a beacon for the global stroke that prevented blood and community. The core of Scientists, Clinicians oxygen from getting to her and Clinician-Scientists in the Centre of Stroke heart. She was small and Recovery is unsurpassed.” blue, and her prognosis was Dr. Steven C. Cramer not good. But today, thanks to University of California, Irvine Emily LaRose donations to Heart and Stroke Foundation research, Emily External Scientific Advisory Board is a healthy, happy-go-lucky little girl. We’ve come a long Heart and Stroke Foundation Centre way in treating congenital heart conditions like Emily’s, for Stroke Recovery and now after two open-heart surgeries, she leads a pretty normal life. THE ANSWERS ARE IN YOU. HELP US REACH OUR GOALS. SUPPORT VITAL RESEARCH. VISIT www.heartandstroke.ca Heart and Stroke Foundation of Ontario Annual Report 2005 4 PREVENTION a POWERFUL ANSWER In 2002, 74,626 Canadians died from heart disease and TAKING THE MESSAGE INTO OUR SCHOOLS stroke. Heart disease and stroke combined are the most Educating children about the importance of living a heart- common cause of death and hospitalization. One in healthy life is the best hope of preventing heart disease three deaths and almost one out of every five days of hospital and stroke in the next generation. Every year, through our care in this country are attributed to heart disease and stroke. Heart&Stroke Jump Rope for Heart and Hoops for Heart Almost 40% of us will develop heart disease and stroke over programs, we show over 500,000 Ontario students and our lifetime. So in one way or another, these diseases will their parents that physical activity is good for their heart touch us all. health. They also learn that by raising funds for vital research, THE SCOPE OF THE PROBLEM • 1.3 million have some form of heart disease they are helping to improve the heart health of their families • About 300,000 are living with the effects of stroke and their whole community. It is estimated that each year there may be: • Between 70,000 to 75,000 heart attacks MAKING A MOVE ON HIGH BLOOD PRESSURE • 50,000 strokes and “mini-strokes” (transient Over 40% of Canadians are unaware they have high blood pressure — the leading risk factor for stroke and a major risk ischemic attacks) HEALTH EDUCATION AND PREVENTION — A WEALTH OF RESOURCES The best approach to heart disease and stroke is to stop them before they start. Our free healthy living materials are helping Canadians to do just that. Whether it’s achieving and maintaining a healthy weight, controlling high blood pressure, enjoying a healthier diet or becoming physically active, we have the tools needed to reach these goals. With numerous print resources available, plus a comprehensive Web site and free monthly e-newsletter there’s expert help and guidance for everyone. It’s all available at www.heartandstroke.ca or 1.888.HSF.INFO (473.4636). factor for heart disease. To get to the heart of the matter, the Heart and Stroke Foundation of Ontario High Blood Pressure Strategy has been developed to encourage individuals to get their blood pressure checked regularly and to start making lifestyle changes that make a difference. The Foundation is partnering with the Ontario College of Family Physicians, the Ontario Pharmacists Association and the Registered Nurses Association of Ontario. The Foundation created the Heart&Stroke Blood Pressure Action PlanTM — an interactive online health tool that provides a personal risk profile including risk factors and tips on controlling blood pressure. The Action Plan has been met with enormous success — with over 81,000 Ontarians visiting the site, 99% of whom completed a risk assessment and received a personalized health action plan tailored to their needs. www.heartandstroke.ca/bloodpressure Heart and Stroke Foundation of Ontario Annual Report 2005 6 BATTLING OBESITY Obesity is a growing problem in this country — and with almost 60% of Canadians overweight or obese, it now poses one of the biggest public health threats we have ever faced. The Heart and Stroke Foundation is tackling this problem head on by funding obesity-related research, helping develop and support effective policies to prevent obesity by focusing on nutrition and physical activity, and supporting public health initiatives. In 2005, the Active Healthy Kids Canada Report Card gave Canada a D when it comes to keeping our kids physically active. Almost 26% of our children and adolescents are overweight or obese. To reduce the epidemic of inactivity and obesity among our children, the Heart and Stroke Foundation is working to get and keep kids active for life. Through exercise-based in-school fund raising programs like Heart&Stroke Jump Rope for Heart, our food labeling and nutrition information initiatives and our ongoing public education efforts, we are making important strides in getting kids — and adults — on the road to more active, healthier lifestyles and better heart health. Jumping for Heart Jade Morash (left), Melissa Morrow (right) Anne Hathaway Public School PREVENTION a POWERFUL ANSWER con’t. YOUR ADVOCATE FOR CHANGE STROKE CARE – BETTER THAN EVER The Heart and Stroke Foundation of Ontario speaks out for 50,000 strokes occur each year in Canada and almost the hundreds of thousands of Canadians affected by heart 16,000 Canadians die from stroke. With the creation of the disease and stroke. The Foundation has a long and successful Coordinated Stroke Strategy, the Foundation played a history of working with government and health officials to leadership role in developing a model of stroke care bring about public policy change to improve Canadians’ to ensure Ontarians have access to the best stroke heart health. care possible. Through the Heart and Stroke Foundation of LEGISLATING TOBACCO OUT OF OUR AIR As a long-time advocate for change to tobacco legislation, we continue to be instrumental in leading public education campaigns to build support for smoke-free legislation and establishing partnerships with government and health Long Term Care announced a $30 million annual commitment to support Regional and District Stroke Centres, Secondary Prevention Clinics, public awareness and stroke prevention programs. Ontario is now an international leader in stroke care and the Foundation plays a key role in supporting the officials. The Foundation has been involved in key areas of tobacco control issues including tobacco-related pricing, labeling, advertising and sponsorship. With the passage of the Smoke Free Ontario Act in June 2005, Ontario now boasts the most comprehensive anti-smoking laws in North America. ELIMINATING THE TRANS FAT FACTOR Scientific evidence shows that trans fat increases the incidence of coronary heart disease. In fact, there is no known safe level of trans fat consumption. While Canadians are becoming increasingly aware of the heart-health risks associated with trans fat, our consumption of trans fat is one of the highest in the world. This highlights the need for ongoing advocacy efforts. The Heart and Stroke Foundation of Canada co-chairs a multi-stakeholder Trans Fat Task Force that brings together government, health professionals, NGOs, and industry to reduce trans fat in Canada’s food supply to the lowest possible levels. Heart and Stroke Foundation of Ontario Annual Report 2005 Ontario’s advocacy efforts, the provincial Ministry of Health and 8 implementation of best practice stroke care and professional education. In addition, a highly successful public awareness campaign was launched in partnership with the government of Ontario to improve recognition and response to stroke warning signs. From left to right: Dr. Amit Shah, St. Thomas General Hospital Emergency Department Jake Fehr, Paramedic with Emergency Services Sue Langley, Stroke Survivor Photo courtesy of the Southwestern Ontario Stroke Strategy PREVENTION a POWERFUL ANSWER con’t. THE FOUNDATION OF YOUR COMMUNITY • Ethnic community engagement through delivery of targeted health information resources and local At the Heart and Stroke Foundation, we believe that the health symposia family and the community are twin pillars in maintaining • Championing enhanced stroke care prevention, health. In an ideal world, prevention of heart disease and treatment and care in designated Regional and stroke would be the best treatment of all. The Foundation District Stroke Centres and Prevention Clinics is doing all it can to get us there. • A vital source of health information, the Foundation’s Annual Heart&Stroke Clinical Update: doctors and health care professionals from Ontario and research leadership allows us to deliver leading edge beyond take home the latest findings and information about heart disease and stroke to you and recommendations on heart disease and stroke to your healthcare professional, sooner. We’re at work in apply in their communities your community building healthier hearts and lives. • Annual Stroke Collaborative: hundreds of stroke With 32 area offices across the province, the Heart and clinicians, educators and administrators from Stroke Foundation of Ontario is ready to help you get the communities across the province gather to share the support you need. Here are some of the many ways we are making connections that put heart health as a priority for latest innovations in stroke care • communities across Ontario: stroke risk factors, conditions, treatments and more • • Life-saving CPR training programs • Health CheckTM food information program that makes choosing healthy foods easier • Comprehensive Web site for heart disease and Free monthly e-newsletter Heart&Stroke He@lthline with the latest information and help in adopting a healthy lifestyle for you and your family www.heartandstroke.ca/subscribe Health education community presentations and symposia — in hospitals, schools, businesses and community associations • Working collaboratively with local heart health networks, health industry partners and professionals GET INVOLVED IN HELPING US BUILD HEALTHIER COMMUNITIES. CALL OR VISIT YOUR LOCAL HEART AND STROKE FOUNDATION OFFICE AND ASK HOW YOU CAN HELP. VISIT www.heartandstroke.on.ca TO FIND THE OFFICE NEAREST YOU. Heart and Stroke Foundation of Ontario Annual Report 2005 10 VOLUNTEERS & DONORS ARE the FOUNDATION CANVASSING IS A FAMILY AFFAIR FOR THESE VOLUNTEERS A REMARKABLE VOLUNTEER Canvassing for the Heart and Stroke Foundation is a family the last 13 years smashing records. As a participant in the 50km affair for the Stroud family of Windsor. Each February Becel Heart&Stroke Ride for Heart, one of the Foundation’s homemaker Beth Stroud puts on her boots, gloves, and most important fund raising events, Brooks has become the “something to keep my ears from falling off” and canvasses stuff of which legends are made. Over 12 years he has raised door to door. And when Mom heads off to brave the icy more than $250,000 in pledges. Now Bob Brooks is retiring sidewalks, Jonathon and Jennifer — students at the University from the Ride for Heart. His sponsors knew it was his last ride, of Windsor — know they will not be far behind. “I slot the so they helped him break his own annual record by raising kids in wherever they’re needed,” says Stroud who as a zone $55,289.33. He says he’s passing his sponsor list on to his officer is responsible for over 100 canvassers. Husband, son, Ian, who has been a rider for the last 3 years. And so the Michael, works for the federal government and cannot make “Brooks tradition” continues. Our heartfelt thanks to you, Bob, time to do intensive canvassing. But he’s always there to for being such a valued Foundation volunteer these past 13 drive Beth and the kids wherever necessary, pick them up at years. Hats off to you — and, go Ian! A leading Canadian investment banker, Bob Brooks has spent the end of a hard evening’s work, and pitch in delivering or picking up canvasser kits. “He also makes a great mug of hot chocolate,” says Beth Stroud. She has been canvassing for over 20 years now. It all began when her late father-in-law had a heart attack. “That’s how I got involved. I wanted to help out in some way,” says Beth Stroud. “Now it’s a family tradition — one we are all really proud of.” Bob Brooks and son Ian Beth Stroud Heart and Stroke Foundation of Ontario Annual Report 2005 12 PROFESSIONALS BRING FINANCIAL EXPERTISE TO $25 MILLION CAMPAIGN A GENEROUS PHILANTHROPIST Volunteer leaders have important roles to play at the firm, has many philanthropic interests, but became interested Foundation, and no one knows that better than Ned in heart health after his father suffered two heart attacks. Goodman, Donald Lenz and Wilfred Posluns. The same J R Kingsley Ward, President of VRG Capital, a financial service Witnessing his father’s recovery fueled Kingsley’s interest dedication and passion that established them as leaders in in the Foundation’s mission. He was a lead volunteer for the business also uniquely qualify them to guide the $25 million Black and White Polo Ball, a themed event in support of the “A Mind To Give” campaign in support of the Heart and Stroke Foundation, serving as Co-chair for five years. Foundation Centre for Stroke Recovery (HSFCSR). Wilfred Posluns is Managing Director of Cedarpoint Kingsley’s bond with the Foundation remains strong. This year, he made a substantial stock gift. He did so knowing Investments. He has a strong philanthropic heritage, and has the value of his stocks will directly support heart and stroke served with organizations like the Jewish Community Centre research and that a stock transfer is a straightforward of Toronto. He is currently Chairman of the Board for Baycrest, donation method. an HSFCSR partner institution. Ned Goodman is CEO of Dundee Corp. In 1999, he and his wife, Anita, founded the Goodman Institute of Investment Management at Concordia University. He has been a committed volunteer to many organizations. Don Lenz is Managing Director at Newport Partners, and has also lent his support to several charitable organizations, recently serving as a Director of Cancer Care Ontario. Posluns, Goodman and Lenz know that the Heart and stroke Foundation Centre for Stroke Recovery is on the verge J R Kingsley Ward of breakthrough discoveries. In this $25 million campaign, success is the only option. Ned Goodman Wilfred Posluns Don Lenz PLANNED GIVING IS A SMART WAY TO CREATE A LEGACY OF GIVING AND MAKE A DIFFERENCE. VISIT www.heartandstroke.ca/onplannedgiving Nika Rolczewski, Toronto, walking in the Cheerios Heart&Stroke Mother Daughter Walk, on the 4 month anniversary of losing her mother to heart disease, with Rocco Rossi, CEO Heart and Stroke Foundation of Ontario Annual Report 2005 14 VOLUNTEERS & DONORS ARE the FOUNDATION con’t. THE HEART OF A WARRIOR “I am not Tour de France material MEDIA WITH HEART — GETTING THE MESSAGE OUT but I am a weekend warrior,” Getting important health and prevention messages out to says Denys Calvin, who set a millions of Canadians is something the Foundation simply brilliant pace in the 2005 Becel cannot do on its own. But, when you have the strength Heart&Stroke Ride for Heart. He of Canada’s largest media conglomerates behind you, describes the Ride as a wonderful it can make all the difference. In 2005, Standard Radio, event, a great cause, and lots of Alliance Atlantis and CanWest Mediaworks stepped up fun. Calvin, 45, a managing director to provide over $2 million dollars worth of radio and of Equity Capital Markets for TD TV airtime to promote our cause. Standard Radio Securities, says that although there is also the distinguished recipient of the Heart and is no significant history of heart Stroke Foundation of Ontario Corporate Excellence disease or stroke in his family, Denys Calvin Award for their nearly decade-long support of the it is the excellence of the event Becel Heart&Stroke Ride for Heart and the Cheerios that grabs him. His teenage kids — daughter and son — are Heart&Stroke Mother Daughter Walk. “mildly bemused” by their father’s passion for the Ride. Last year, Calvin encouraged his sponsors to increase their contributions if he could do the 75 kilometre course at an average 28km per hour. In fact he did it at 32km per hour and raised over $33,487 from 186 supporters for the Foundation. This year, Calvin worked with an anonymous sponsor. “I raised $52,000 and the sponsor kicked in $45,000.” That’s $97,000! Heartfelt thanks from the Foundation! HARRY AND JOYCE DEVOTED TO MAKING A DIFFERENCE Harry and Joyce are a devoted couple who recently celebrated their 50th wedding anniversary. But, nine years ago, Harry was struck with an unexpected heart attack. Fortunately, Harry made a full recovery, but it compelled him to think about the future of their estate. Harry and Joyce already supported the Foundation’s lifesaving work, but they wanted to do more. They named the Foundation as the owner and beneficiary of their life insurance policy. Harry and Joyce know that their support will continue to benefit the work of the Foundation, even after they’re gone. In the meantime, they receive tax receipts for their premium payments, which translate into tax savings. Harry and Joyce CELEBRATING EXCELLENCE HEART&STROKE AWARD FOR VOLUNTEER EXCELLENCE TONY GRAHAM AWARD FOR EXCELLENCE IN BOARD SERVICE Presented to volunteers with at least five years of service, who Honouring outstanding achievement and performance by demonstrate vision and strategic ability, add value through a member of the Foundation Board of Directors. leadership excellence, deliver on commitments and contribute Elaine Roper high quality results, are proud advocates of the Foundation’s mission, and work to heighten the Foundation’s profile DOUG SHEPPARD CHAPTER AWARD Presented to the Chapter that achieves the highest per cent through delivery of mission-related activities. increase in revenue over the previous year. Jill Maslanka, Mississauga Chapter, Central West Region Blind River Chapter, Ontaro North Region Al Hockin, Orillia Chapter, Ontario North Region MARTY ROTHSTEIN AWARD FOR INNOVATION BOB LUBA AWARD FOR EMPLOYEE EXCELLENCE Recognizing volunteers or staff (individual or team) who Recognizing a staff member who furthers the mission by develop and/or implement an innovative idea that increases making an exceptional contribution that has meaningful impact on revenue growth, quality, innovation, productivity or people. the Foundation’s profile in the community and furthers the Foundation mission. The Heart&Stroke Lottery Team Kari Flannery, Regional Manager, Central West Region HEART&STROKE AWARD FOR CORPORATE EXCELLENCE (PROVINCIAL ) Recognizing corporations that significantly promote the mission of the Foundation, increase awareness of the Foundation in the community, and generate third-party revenue. RICK GALLOP AWARD FOR PIONEERING LEADERSHIP Recognizing pioneering leadership in the development and execution of an idea/project that results in positive long-term impact and significance for the Foundation The Vision 2020 Research Task Force and Staff BMO Fountain of Hope Employees’ Foundation Implementation Team Desjardins Financial Security Standard Radio Stations Mackenzie Financial Charitable Foundation LUC VANNESTE AWARD FOR VOLUNTEER & STAFF TEAMS (PROVINCIAL) Honouring exemplary achievement by an area office volunteer and staff team in the areas of revenue growth, cost control, volunteer and community development, innovation and teamwork. Brampton Area Office Darryl Sittler and Bayer executives present a $81,000 cheque to Rocco Rossi, CEO, Heart and Stroke Foundation of Ontario, June 1, 2005 Heart and Stroke Foundation of Ontario Annual Report 2005 16 HEARTFELT THANKS CORPORATE SUPPORTERS The Heart and Stroke Foundation of Ontario would like to thank the following corporations for their commitment to the health and wellbeing of Ontarians. 3M Canada Company ECCO ACNielsen Company of Canada AstraZeneca Canada Inc. Bayer Inc. Bell Canada, Employee Giving Program BioBake Inc. BMO Fountain of Hope, Employees’ Foundation Boston Pizza Cadbury Schweppes (Welch’s) Canadian Egg Marketing Agency Canadian Tire Corp CNC Global Inc. CIBC Contract Furniture Source Desjardins Financial Security Dofasco Inc. Fortinos Gallo Wines General Mills Canada Corporation (Cheerios) GoodLife Fitness Clubs IBM Charitable Fund Industrial Alliance John Deere Foundation of Canada Inc. JSI Data Systems Ltd Juve Jesus & CIBC World Markets KPMG Loblaw Brands Limited Mackenzie Financial Charitable Foundation Mandarin Charitable Foundation Munich Re Canada Nexinnovations Ontario Produce Marketing Association OPG Employees’ & Pensioners’ Charity Trust ORIMS Pete’s Tofu Petro Canada Pfizer Canada Inc. Pinto Memorial Concert RBC Foundation sanofi-aventis Scotiabank Sears Employee Charitable Fund Sprint Canada Sunstar Butler Swarovski Canada TD Bank Financial Group Telus The Catherine and Maxwell Meighen Foundation Torys LLP Unilever Canada (Becel) Weight Watchers Winners Merchants International Woodington Lake Golf Club MEDIA PARTNERS 1460 CJOY/Magic 106.1 570 News 96.7 CHYM FM 97.3 EZ Rock Alliance Atlantis Brampton Guardian Canada.com CanWest Media Works Global TV Chatelaine 107.5 DAVE FM KICX FM 106.7 Kitchener-Waterloo Record Metro Toronto News National Post Now Magazine ONESTOP Media Group Outdoor Broadcast Network Pedal Magazine Rogers Television Standard Radio Stations Mix 99.9 Newstalk 1010 CFRB The Chronicle Journal Toro Magazine Wave 94.7 FM Viacom Zoom Media LEADERSHIP DONORS 2005 We would like to thank all our donors of 2005, who have all helped us advance our mission. A special thanks to these donors ($4,000 and up) who have shown philanthropic leadership.* Frank Anderson Kathryn Balls The Carol and Howard Bernick Supporting Foundation — In support of the “ Irwin Bernick Summer Medical Student Scholarship R. W. Cousins Larry Daiter Mary L. Dickinson Andrew Faas Lilojean Frid Jack Kay Mr and Mrs John Knebel Ferne Ledgett Robert Luba Brent Maxwell Margaret Isobel McDonald Daniel and Cindy McPhee Peter Misek Floyd and Sharon Misner Helen A. Nash Rocco and Rhonnie Rossi Brian Thomson Ted Velikonja Kingsley Ward *This list reflects our most generous individual donors of 2005. Every effort has been made to achieve accuracy and to respect each donor’s preference regarding anonymity. To make enquiries or corrections, please contact Janet Grant in the Major Gifts, Stewardship office at (416) 489.7111 x 397 or [email protected]. BOARD of DIRECTORS Elaine Roper Barry Cracower Ross Feldman, M.D. Alastair Ferguson Ph.D. David Garland, C.A. Paul Hines, C.A. Michael LeClair Dianne Mathieu Margaret Rand, Ph.D. Allan Reynolds Ned Wootton Anthony Graham, M.D. Honorary Director Photos not available for Directors: Guy Beaudin, Ph.D., Gillian Kerr, Ph.D., Gordon Moe, M.D. HONORARY PATRON The Honourable James K. Bartleman, O. Ont., Lieutenant Governor of Ontario CHIEF EXECUTIVE OFFICER Rocco Rossi FOUNDATION SECRETARY Pauline Wijeyesekera Heart and Stroke Foundation of Ontario Annual Report 2005 18 MESSAGE from the CHAIR A s Chair of the Board and President of the Heart and Stroke Foundation of • Fund raising expertise and ability to respond to a fast-changing marketplace • Thorough knowledge of marketplace positioning, Ontario, I am proud to have the brand management and public relations strategy opportunity to work with such a The Board is supported by leadership volunteers diverse collection of minds and skills devoted to a common cause. Effective stewardship and good fiscal governance of the Foundation is a goal shared by all board members. Sound management is the force that powers the development of new treatments for heart disease and stroke. The men and women who comprise our Board are individuals who bring critical expertise and experience to the governance, policy and strategy setting requirements of serving on five Board Committees. In addition, there are also over 70 local community Chapter Councils. Collectively these volunteers bring a wide range of expertise and experience to the Foundation. This range of talent and diversity of experience, devoted to sustaining the fiscal health of the Foundation, ensures that today’s heritage of research and innovation will continue to evolve in the decades to come. Frank Anderson the Foundation. Here are some of the areas of expertise that lead the Foundation’s business agenda: • In-depth knowledge of corporate financial planning and accounting principles to maintain the fiduciary responsibility of the Foundation • Business management acumen to leverage assets in support of enhanced organizational productivity • Broad-based knowledge of current and emerging directions in research, diagnosis, treatment and prevention of heart disease and stroke • Experience in health promotion practices and policy development • Experience in healthcare management Chair of the Board and President FINANCIAL review 2005 Statement of Revenue and Expenditures for the years Statement of Financial Position as at August 31 ended August 31 (in thousands of dollars) (in thousands of dollars) 2005 REVENUE Fund raising revenue Community-based programs Bequests and major gifts Direct marketing Memorial gifts 2004 27,233 10,335 8,855 6,169 27,371 8,957 9,221 6,154 1,684 54,276 8,843 1,640 53,343 8,777 Net fund raising revenue before lotteries 45,433 Net proceeds of lotteries 18,282 44,566 11,244 63,715 55,810 4,099 12,809 16,908 11,286 1,641 12,927 80,623 68,737 13,076 2,394 15,470 11,697 2,094 13,791 65,153 54,946 34,669 20,056 32,341 18,658 54,725 50,999 10,428 3,947 Corporate sponsorship and other Less: Direct program costs NET FUND RAISING REVENUE Other Income Realized Unrealized OPERATING EXPENDITURES Fund raising Administration NET REVENUE BEFORE MISSION EXPENDITURES MISSION EXPENDITURES Research Health promotion and community programs EXCESS OF REVENUE OVER EXPENDITURES FOR THE YEAR ASSETS Current Assets Cash and cash equivalents Accounts receivable Prepaid expenses and deposits Inventory Investments, at market Endowment funds Property and equipment 2005 2004 38,903 1,918 1,232 650 42,703 35,117 1,136 1,800 935 38,988 72,961 63,580 297 297 210 245 116,171 103,110 LIABILITIES Current Liabilities Accounts payable and accrued liabilities 7,430 Research grants and awards payable 32,600 40,030 Deferred contributions Research grants and awards payable NET ASSETS Internally restricted Unrestricted Restricted for endowment purposes Invested in property and equipment 6,782 28,809 35,591 966 3,245 44,241 1,909 4,108 41,608 45,089 26,334 297 210 71,930 47,525 13,435 297 245 61,502 116,171 103,110 Year 2005: Per Cent of MIssion and Operating Expenditures The Heart and Stroke Foundation of Ontario: • is the largest non-government funder of heart and stroke research in Ontario, funding over 250 research teams that operate in hospitals and universities across the province • provides millions of Ontarians with information on how to prevent or manage heart disease and stroke • has increased its research spending to $35 million annually, maintaining its position as a national and global leader in heart and stroke research Research 49% Health Promotion/ Community Programs 29% Fund Raising/ Administration* 22 % *3% represents administration costs ABOUT The data on the opposite page has been extracted and summarized from the Audited Financial Statements. A complete set of financial statements is available upon request from the Finance Department the ANNUAL REPORT (416.489.7111 ext. 477). Business number 10747-2839-RR0001 HOW IS IT PREPARED? HOW ARE NON-MISSION RELATED COSTS PRESENTED? The Annual Report’s financial information is extracted The Foundation presents non-mission costs in three expense and summarized from the Foundation’s Audited Financial categories in its Statement of Revenue and Expenditures: Statements. These Audited Financial Statements have direct program costs, fund raising costs and administration. been prepared in accordance with Generally Accepted Direct program costs are expenses directly attributable to Accounting Principles (GAAP), and are audited by the firm, generating fund raising revenue. In the Audited Financial PricewaterhouseCoopers LLP. The Auditors review this Annual Statements and in this Report, these costs are deducted Report for consistency with the Audited Financial Statements. from gross fund raising revenue. Fund raising costs include They also review the Foundation’s annual Registered Charity operating and salary costs related to fund raising, but not Information Return that is filed with Canada Revenue specifically attributable to a fund raising program. Agency (CRA). Administration costs include all other costs that are not WHO IS RESPONSIBLE FOR OVERSEEING FINANCIAL MANAGEMENT? related to fund raising or direct program costs. The Foundation’s Board of Directors is comprised of community DOES THE FOUNDATION FILE STATEMENTS WITH CANADA REVENUE AGENCY (CRA)? volunteers with extensive financial, business and health Yes, the Foundation files with CRA, and the Auditors review expertise. Through its Finance & Investment Committee, the this annual Charity Information Return. For filing purposes, Board is responsible for overseeing management’s preparation CRA requires Lottery revenue to be reported on a gross basis. of the financial statements, and ensuring that financial and This differs from the Audited Financial Statements and this operational controls are in place. The Audit Committee works Report where Lottery revenue is reported on a net basis. with the external Auditors in reviewing the financial statements. The Foundation also performs rotating internal reviews of WHY ARE CERTAIN FUNDS RESERVED? financial and operational controls throughout the year. A portion of Net Assets is set aside to fund future specific WHY IS LOTTERY REVENUE DIFFERENT FROM CHARITABLE REVENUE? research awards. Funds are internally restricted to secure support Lottery tickets are not tax deductible in accordance with CRA policies. Charitable organizations are prohibited from priorities identified and approved by the Board on multi-year for future multi-year initiatives. The Foundation also reserves funds to protect itself against unforeseen financial events. issuing tax receipts for lottery tickets. Lotteries differ from WHAT IS UNREALIZED OTHER INCOME? conventional fund raising programs, due to the scope of the In advance of emerging accounting recommendations, the prize pool and marketing activities required. On average, Foundation records investments at market value and reflects one-quarter to one-third of ticket sales go to support mission changes in the portfolio value as unrealized other income. activities. The Lottery has enabled the Foundation to generate The market value of the investment portfolio is subject to over $110 million in net revenue over the past nine years to ongoing market fluctuations. As a result of favourable market support research initiatives and community health programs. conditions, this year’s unrealized market appreciation of In the Audited Financial Statements and in this Report, Lottery $12.8 million is greater than the entire excess of revenue over revenues are reported as net proceeds, consistent with the expenditures during the current year. presentation by other charitable organizatons. 21 Heart and Stroke Foundation of Ontario Annual Report 2005 MISSION STATEMENT The Heart and Stroke Foundation of Ontario is a community-based volunteer organization whose mission is to reduce the risk of premature death and disability from heart disease and stroke by raising funds for research and health promotion. CHIEF EXECUTIVE OFFICER WHERE WE ARE Rocco Rossi Central Ontario Ontario North VICE PRESIDENTS Durham Region Barrie Helen Bozinovski Newmarket North Bay People Resources Toronto (3 locations) Peterborough York Region South Sault Ste. Marie Central West Sudbury Kasia Czarski Marketing & Health Information Service David Johnston Community & Donor Programs Brampton Thunder Bay Brantford Timmins Guelph Ontario West Laura Syron Halton Region Chatham — Kent Research, Advocacy & Health Promotion Hamilton London Bill Thomas Kitchener Owen Sound Chief Financial Officer, Finance, Mississauga Sarnia Niagara District Stratford Ontario East Windsor Systems and Business Solutions HEART AND STROKE FOUNDATION OF ONTARIO Belleville Brockville Cornwall 1920 Yonge Street, 4th Floor Kingston Toronto, Ontario M4S 3E2 Ottawa Telephone: 416.489.7100 Fax: 416.489.6885 Email: [email protected] Web site: www.heartandstroke.ca www.fmcoeur.ca Business number 10747 2839 RR0001 The Heart and Stroke Foundation of Ontario prides itself on making every dollar count. We make sure that every time you sponsor an event participant, give at the door, or make a memorial donation, your money fuels the very best research and health education. Your support contributes to a greater understanding of the root causes of heart disease and stroke, which results in better diagnoses, treatment and prevention. Heart and Stroke Foundation of Ontario Annual Report 2005