Loran Scholar program 2012 Annual Report

BOURSIERS

SCHOLARS

2012 ANNUAL REPORT

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mission

RIGOROUS SELECTION PROCESS

The Canadian Merit Scholarship Foundation, founded in 1988, is a national charity that works in partnership with Canadian universities, donors and volunteers throughout the country to invest in young Canadians who demonstrate character, commitment to service and leadership potential. The foundation is governed by an independent board of directors.

We look for qualities in our scholars that a transcript alone cannot show: personal integrity and character; commitment to service and an entrepreneurial spirit; breadth in academic and extra-curricular interests; strongly developed inner-directedness; and outstanding overall potential for leadership. Through a series of assessment and personal interviews, we select the top 30 of approximately 3,800 applicants as Loran Scholars. We also grant 80 one-time entrance awards.

LONG-TERM INVESTMENT IN POTENTIAL

M IS S ION STAT EMENT We are committed to the greatest of Canada’s natural resources: our youth.

We work to identify and support talented students who show promise of leadership and a strong commitment to service in the community.

We fund these citizens to study on Canadian campuses, to the benefit of their future and ours.

We provide Loran Scholars with a renewable award comprising an $9,000 living stipend matched by a tuition waiver from one of our 25 partner universities. We encourage scholars to resist the temptation to take easy or conventional paths and to seek out, instead, how they can most effectively contribute to society. To this end, we provide $8,500 in funding for three kinds of scholar-initiated summer internships (private sector, public policy and personal/community development). We also pair scholars with mentors who will challenge them and introduce them to their new community. We expect scholars to use these opportunities to broaden and enrich their academic studies.

EXTENSIVE NETWORK TABLE OF CONTENTS Letter from CEO & Chair

Scholar Gatherings

14

Results 6

Summer Program

16

Selection Process

8

Volunteers 22

2012 Scholars

9

Donors 27

University Partnership

4

11

Mentoring 12

Financial Information

34

Board & Staff

38

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We welcome Loran Scholars into an extended family of volunteers, donors, staff, and past and present scholars. The incoming class of Loran Scholars spend seven days together in Algonquin Park as part of their orientation expedition before they begin university. All scholars are invited to our annual four-day national scholars’ retreat.

Our past scholars organize their own Connexion weekend every three years. We know the value of these relationships and take care to nurture them.

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LETTER FROM CEO & CHAIR The past year is an important one in the history of the Loran Scholar program. Even as one of our principal donors, The W. Garfield Weston Foundation, began to wind down its support, several donors stepped up with new donations and/or multi-year commitments, demonstrating convincingly the old adage that with each challenge comes opportunity. In 2012, 19 major donors are underwriting scholarships for more than two-thirds of the Class of 2012.

Franca Gucciardi (Loran ‘90) Executive Director & CEO

Peter George, C.M., O.Ont Chair

Loran Scholars play increasingly critical roles in stewarding this enterprise. They serve as volunteers, mentors, staff members, summer internship employers and donors. This year, alumni gathered for the second Connexion weekend planned and funded by alumni themselves. They also set a new record of personal giving. To date, 74% of 347 alumni have donated to the Loran Scholar program. Last year, they comprised 56% of our annual donors. This sends a strong message that those who know the program best are willing to invest in future classes of Loran Scholars.

The enrichment program continues to get better. The summer program provides the practical means for scholars to use the time between academic terms productively. For example, Erica Baker (2009 Loran Scholar) worked as a Junior Policy and Research Analyst at the Assembly of First Nations, Ali Schwabe (2009 Loran Scholar) worked with the talent acquisition strategy team at Shoppers Drug Mart, and Devon Jackson (2011 W. Garfield Weston Loran Scholar) was the assistant director for The Globe Theatre’s adaptation of The Comedy of Errors with a cast of Afghan actors and musicians. The project rehearsed and toured in India, England, and Germany. Our staff members encourage scholars to venture beyond their comfort zones and to gain meaningful job experience in different sectors and cultural settings. The orientation expedition and annual scholars’ retreat provide the time and place for scholars to build lasting relationships with each other and with the Foundation.

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A key piece of the enrichment program is the time our mentors invest in our scholars. Thirty outstanding Canadians committed to mentoring our newest class of Loran Scholars last year, for a total of 248 people who have participated in our mentoring program. Current mentors include CEOs of businesses and non-profits, public sector executives, social entrepreneurs, members of the Order of Canada, writers, and professionals in a wide variety of other fields. They exemplify our values of character, service and leadership and serve as role models to our scholars.

Thanks to our unique partnership with Canada’s leading universities, we leverage the private donations we receive to invest significantly in every Loran Scholar. A living stipend of $9,000 matched by a tuition waiver from a partner university provides a measure of financial independence that allows our scholars to make program choices that are best for them. To our 25 partner universities, now including Ryerson University, thank you for your continued trust and commitment.

Our nationwide network of more than 500 volunteers remains one of our organization’s most important assets. Their keen insight and good judgment enables us to select students of outstanding character who demonstrate great potential for leadership each year. Further, we are pleased to have welcomed several dynamic leaders onto our Board in the past year, including Ken Broekaert, Nancy Lockhart, Meghan Moore (W. Garfield Weston Loran Scholar ’98), Mamdouh Shoukri, The Hon. Michael Wilson, and Nancy Young. Thank you to all of our volunteers who provided over 8,000 hours of volunteer service last year.

The Loran Scholar program is without doubt the premier independent, nationally competitive undergraduate award in the country. To date, we have granted more than $21 million in scholarships to more than 2,100 students over the last two decades. We are confident that with your continued, generous investment in identifying, nurturing and supporting young Canadians of exceptional promise, the Foundation will continue to be a leader in educational philanthropy and play a vital role in building a better future for all Canadians.

Warm regards, Franca and Peter

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RESULTS SO FAR The breadth and depth of Loran Scholars may be difficult to capture, but Class of 1990 Loran Scholar, Sam Wong identified a common thread that connects most scholars: “The scholarship challenged me to go further, to extend myself, and to encourage others to do the same. These values continue with me today.”

For example, Graham Fox (Loran Scholar ‘93), who studied politics at Queen’s, recently became the youngest president and CEO of the Institute for Research on Public Policy.

George Georghiades (‘95), a graduate of the Ivey business program at Western, transitioned from a successful career in management consulting with McKinsey & Co. to start his own real estate company in Kitchener-Waterloo.

Our alumni are also working for leading organizations, including federal, provincial and municipal governments, the World Bank, the Canada Pension Plan, Amazon, and various hospitals, law firms, school boards, charities, management consulting firms and universities.

On the business front, scholars are succeeding while pursuing entrepreneurial paths.

Lucas Skoczkowski (’92) is the founder and CEO of Redknee Solutions Inc., a mobile Laura Thomson,W. Garfield Weston Loran software company listed on the Toronto Stock Scholar ’04, is currently a PhD candidate in Glaciology at the University of Ottawa.

Exchange. Corey Centen (‘03), a graduate of the biomedical engineering program at McMaster, invented the CPRGlove, worked to commercialize it, and then sold the product to a major manufacturer in the United States. Breanne Everett (‘02), a Calgary-based plastic surgery resident, invented a sensor to mitigate the loss of sensation in the feet associated with diabetes and has founded a company to manufacture and distribute the device.

in support of Loran Scholars

The younger cohort of Loran Scholars is also meeting our high expectations for academic achievement, leadership and service. Over 93 per cent of scholars graduate in good standing, while also taking on significant leadership roles on-campus. In the spring, two scholars from the class of 2008, Adam Fearnall and Siobhan

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Rhodes Scholars from Canada are also Loran Scholars

More than 80 per cent of Loran Scholars pursue graduate studies, many as tenants of major scholarships. Sheiry Dhillon, from the class of 2008, is the 13th Loran Scholar to become a Rhodes Scholar. Others have received Chevening, Trudeau, Vanier, Baxter, Fulbright, NSERC and SSHRC scholarships for graduate studies. In the field of law, Annamaria Enenajor (‘02) and Adela Gotz (‘03) became the fourth and fifth Loran Scholars to serve as clerks at the Supreme Court of Canada.

François Tanguay-Renaud (‘98) earned tenure at York University, where he teaches at Osgoode Hall Law School and runs a research centre on transnational law. Two of his fellow scholars from the class of 1998, Michelle Dagnino and Heather Holland, are executive directors of Canadian charities.

donated 74% ofhavealumni $280,000

Stewart, were elected president of their respective student bodies at Western and McMaster. Paulina Bogdanova (’10) was selected as head girl of Trinity College in the University of Toronto.

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In addition to forging successful careers, our alumni remain committed to service, volunteering in a wide range of roles with local and national charities. For example, alumni are currently volunteering with the Adoption Council of 2005 Dominion Loran Scholar Jesse Robson, is the co-founder Ontario, the Manitoba Agriculture and managing director of Happily Ever Active in Halifax, NS. Museum, the University of Ottawa Heart Institute, shelters for the homeless in New Brunswick and Camp Triumph in Prince Edward Island.

We are pleased that so many alumni are supporting the foundaof alumni is tion as volunteers and as donors. To date, 74 per cent of our alumni have donated $280,000 in support of the Loran Scholar program. One third of alumni are volunteers. Given that the average age of our alumni is just 30 years, these numbers are y e a r s o l d very encouraging.

the average age

30

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exceptional overall promise TH E SELECTION PROCESS We believe that a young person’s character is a better indicator of overall potential

than standard academic measures. As a result, our selection process is rigorous, thorough and involves personal interviews with a talented and diverse group of volunteers.

We send our application 3 year ’11-’12 materials to more than average 4,000 high schools and No. of applicants 3,894 3,553 CEGEPs in Canada, and we Percentage of sponsored applicants 52% 53% encourage each school to select and nominate the Est. volunteer hours for selection process 6,000 5,600 candidates who best match our selection criteria. This year, 2,024 young Canadians were recognized by their schools for their character, commitment to service and leadership potential.

An additional 1,870 students applied directly.

CLASS OF 2012 Connor Anear, Loran Scholar

Turner McKay, WestJet Loran Scholar

Evan Hardy Collegiate, Saskatoon, SK

County Central School, Vulcan, AB

Sarah Arsenault, BMO Capital Markets Loran Scholar

Kate Morrison, Temerty Loran Scholar

École Pierre Chiasson, St. Louis, PE

Evan Hardy Collegiate, Saskatoon, SK

Karl Chastko, Marilyn & Walter Booth Loran Scholar Shoal Lake School, Shoal Lake, MB

Alexa Mouawad, Loran Scholar École Sécondaire L’Essor, Kingsville, ON

Maurane Cloutier, BMO Capital Markets Loran Scholar

Camille Pelletier Vernooy, Lallemand Loran Scholar

Cégep François Xavier-Garneau, Québec City, QC

Cégep de l’Outaouais, Gatineau, QC

Tristan Emiry, Applebanks Loran Scholar

Aanchal Ralhan, Loran Scholar

Espanola High School, Massey, ON

Gonzaga Regional High School, St. John’s, NL

Lynden Evers, Ralph M. Barford Loran Scholar

Nicole Raymer, Loran Scholar

École secondaire Franco-Jeunesse, Sarnia, ON

Thomas A. Stewart Secondary School, Keene, ON

Chanel Fournier, Loran Scholar

Hayden Rodenkirchen, Scace Loran Scholar

Collège Catholique Samuel-Genest, Ottawa, ON

Kelowna Christian School, Kelowna, BC

Alice Gauntley, Loran Scholar

Anamjit Sivia, Loran Scholar Western Canada High School, Calgary, AB

Humberside Collegiate Institute, Toronto, ON

Maryellen Gibson, Rebanks Loran Scholar Lacombe Composite High School, Tees, AB

Megan Smith, Loran Scholar

Simon Harmgardt, Young Fund Loran Scholar

Carly Sotas, Loran Scholar

T.A. Blakelock High School, Oakville, ON

Birtle Collegiate Institute, Birtle, MB

Kaleem Hawa, BMO Loran Scholar

Nathan Valsangkar, Belzberg Loran Scholar

Hants East Rural High School, Nine Mile River, NS

We have established 30 regional committees and one national direct pool committee in 21 cities across Canada. More than 295 volunteers, drawn from business, education and the wider community, are involved as assessors or interviewers.

This year, our regional committees selected 352 semi-finalists for personal interviews from an original pool of 3,894 applicants. In February, the top 76 candidates attended our national selection weekend in Toronto, where our six national committees and two national co-chairs selected our 30 newest Loran Scholars. We also granted 42 finalist awards ($3,000 ea.), 40 provincial awards ($2,000 ea.) and recognized students with honour citations (54) and semi-finalist certificates (214).

Loran Scholar group photo on facing page: back row (l to r): Tristan Emiry, Megan Smith, Nathan Valsangkar, Tony Zhang, Lynden Evers, Emily Hilton, Julie Van de Valk, Turner McKay, Hayden Rodenkirchen, Alana Lapworth, Evan Vassallo, Anamjit Sivia, Simon Harmgardt, Connor Anear, Kate Morrison; front row (l to r): Karl Chastko, Emily Hodgson, Alice Gauntley, Chanel Fournier, Maurane Cloutier, Carly Sotas, Sanasi Jayawardena, Sarah Arsenault, Aanchal Ralhan, Cam Yung, Maryellen Gibson, Kaleem Hawa, Camille Pelletier Vernooy, Alexa Mouawad, Nicole Raymer.

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Upper Canada College, Toronto, ON

Dover Bay Secondary, Nanaimo, BC

Emily Hilton, Future Leaders Loran Scholar

Julie Van de Valk, Loran Scholar

Sa-Hali Secondary School, Kamloops, BC

Waterloo Collegiate Institute, Waterloo, ON

Emily Hodgson, Loran Scholar

Evan Vassallo, Redknee Loran Scholar

Collége Gérald-Godin, Hudson Heights, QC

Sir Winston Churchill Secondary School, St. Catharines, ON

Sanasi Jayawardena, BMO Capital Markets Loran Scholar

Cameron Yung, Nexen Loran Scholar

Bluevale Collegiate Institute, Waterloo, ON

St. Francis High School, Calgary, AB

Alana Lapworth, Loran Scholar

Tony Zhang, Loran Scholar

Churchill Community High School, La Ronge, SK

Sir Oliver Mowat Collegiate Institute, Scarborough, ON

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PROFILE : PATRICK CRONIN & ERIC TRIPP

UNIVERSITY PARTNERSHIP

We have benefited from the counsel of Patrick Cronin, Executive Managing Director & Head of Trading Products at BMO Capital Markets, since he joined our board of directors in 2009. He has interviewed candidates at the regional and national level and, along with his wife, Ramona, Pat is a major annual donor and member of the Executive Director’s Circle.

Unique in Canada, our university partners demonstrate their trust in our selection

All of the Loran Scholars we’ve met are truly outstanding. These young people are not only accomplished, they are also confident, inspiring and passionate – all qualities that we consider essential for the next generation of Canadian leaders.

Patrick Cronin, BMO Capital Markets

process by waiving tuition for Loran Scholars. They also join us in stewarding scholars throughout their undergraduate studies by designating a staff member who serves as an advisor on campus. Universities with a significant number of Loran Scholars on-campus host receptions for past and present scholars, volunteers, mentors and supporters.

Since its inception, the Loran Scholar program has excelled at selecting and supporting the next generation of leaders for Canada.

Its emphasis on experiential education, entrepreneurial thinking and the importance of a well-rounded undergraduate experience makes this program worthy of all our support.

Mamdouh Shoukri President, York University & Board Director, CMSF

Patrick Cronin and Eric Tripp of BMO Capital Markets

“All of the Loran Scholars we’ve met are truly outstanding. These young people are not only accomplished, they are also confident, inspiring and passionate – all qualities that we consider essential for the next generation of Canadian leaders,” says Pat.

“We need leaders in every domain and every organization, which is why BMO Capital Markets is a proud supporter of the Loran Scholar program. Through our Equity Through Education initiative, we have invested $1,825,000 in a diverse group of scholars, all of whom show potential as leaders,” says Eric Tripp, President, BMO Capital Markets.

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Dalhousie University Memorial University Mount Allison University Université de Moncton University of King’s College University of New Brunswick

Québec McGill University Université Laval Université de Montréal

Ontario McMaster University Queen’s University University of Guelph University of Ottawa Ryerson University University of Toronto University of Waterloo University of Western Ontario York University

BMO Capital Markets has been one of our biggest supporters since they joined us eight years ago. Over that time, through its Equity Through Education program, the company has underwritten 24 BMO Capital Markets Loran Awards, each now valued at $80,000, for young women from all over Canada: from Victoria, BC to Biggar, SK to St. Louis, PEI. The bank has also offered enterprise internships to scholars through our summer program.

Equity Through Education is a charitable initiative aimed at creating a more diverse workplace by offering support to help bright, deserving people realize their educational ambitions by giving them opportunities they might not otherwise have.

Atlantic Canada

Prairies Peter Guo (’09), Christina Klassen (’11) and mentor Hilary Pearson at the annual Loran Scholar reception hosted at McGill University.

University of Alberta University of Calgary University of Manitoba University of Saskatchewan

BC Simon Fraser University University of British Columbia University of Victoria

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mentoring

PROFILE : ROSE WILSON & EMMA HERRINGTON

Our growing national network of donors, alumni and volunteers is one of our greatest assets. Since 2005, the one-on-one mentorship program has involved 248 mentors,

118 of whom are mentoring current Loran Scholars. Mentors commit to sharing their experiences and networks with the scholars and also act as role models and advisors.

To build connections between mentors and scholars, senior fellows have convened gatherings for more than 100 mentors and scholars in Vancouver, Toronto, Kingston, Ottawa, Montreal and Halifax.

M ENTORS FOR T H E C L A S S O F 2 0 1 1 Iris Almeida-Côté, Chief Executive Officer, The TRIGONE Group, Montreal Bill Black, Past President and CEO, Maritime Life, Halifax Madeline Boscoe, Executive Director, the Reach Community Health Centre, Vancouver Tim Brodhead, Senior Fellow, Social Innovation Generation (SIG) National, Montreal Vickie Cammack, President & CEO, Tyze Personal Networks, Vancouver Kevin Chan, Director of Policy, Parliamentary Affairs and Research, Office of the Privacy Commissioner of Canada, Ottawa

Kosar Khwaja (’94), Assistant Professor, Trauma Surgery and Critical Care Medicine, McGill University, Montreal David Laidley, Chairman Emeritus of Deloitte & Touche LLP, Montreal Laurie Lashbrook, President, Lashbrook Marketing & Public Relations, London Nancy Lockhart, CAO, Frum Development Group, Toronto Judith Marcuse, Co-Director, International Centre of Art for Social Change, Vancouver

Originally from Orillia, Ontario, Emma Herrington (Loran Scholar ‘10) is a third-year student at Dalhousie University where she is majoring in neuroscience in the integrated science program. On-campus, Emma is the president of the Dalhousie Science Society, wrestles competitively and is past-president of Smith House. During her two summers so far, Emma volunteered in a hospital in Moldova and interned at Apple Athletic Products in Ontario.

Upon moving to Nova Scotia, Emma was paired with Rose Wilson, co-chairwoman of Wilsons Fuel, through the Loran mentorship program. Rose, a 2011 Red Cross Humanitarian Award recipient, is well-known for her tireless efforts to contribute to the Halifax community. She is particularly supportive of youth in the region and is a major donor to the Loran Scholar program.

The beauty of my relationship with Rose is that she believes fully in my ability to complete any task. I work best when I talk through decisions with someone I hold in high regard. Our discussions help me to explore my options.

Emma Herrington

Hilary Pearson, President & CEO, Philanthropic Foundations Canada, Montreal

Shirley Chan, Past CEO, Building Opportunities with Business, Vancouver

Tamara Rebanks, Vice President, Community Affairs, George Weston Limited, Toronto

Jane Craighead, Sr. Vice-President, Total Rewards, Scotiabank, Toronto

Sidney Ribaux, Co-founder & Executive Director, Équiterre, Montreal

Linda Ann Daly, Past Chair, Kingston General Hospital, Kingston

Mike Ridley, Chief Information Officer, University of Guelph, Guelph

Walter Fenlon, Financial Advisor, Assante Wealth Management, Kingston

Norman Riddell, President, SOGERI Consultants, Ottawa

Jane Good, Past Manager of Career Education and Counselling, Queen’s University, Kingston

Karen Sheriff, President & CEO, Bell Aliant, Halifax/Toronto

Cheryl Hodder, Partner, McInnes Cooper, Halifax

Merilyn Simonds, Artistic Director, Kingston WritersFest, Kingston

Stephen Huddart, President and CEO, The J. W. McConnell Family Foundation, Montreal

Michael Urlocker, Director, Equity Research, GMP Securities, Toronto

Don Jaffray, Executive Director, Social Planning and Research Council of Hamilton, Hamilton

Peter Wong, Vice President, Investment Advisor, Raymond James, Vancouver

Emma was struck by her mentor’s openness from the very beginning: “Rose is unbelievably successful and yet, when you meet her, you are not overwhelmed by an ego. Her humility is something that I have tried to emulate since the day we met.”

Rose and Emma’s mentor-mentee relationship extends beyond the casual conversation: “The beauty of my relationship with Rose is that she believes fully in my ability to complete any task. I work best when I talk through decisions with someone I hold in high regard. Our discussions help me to explore my options.”

Rose also believes in the value of the reciprocal mentoring relationship, “It is an honour to be invited to mentor a young person with such strong potential for leadership and energy to contribute to her community. Further, the rewards are tremendous.

Emma is like a member of our family now.”

Lucia Harrison, Executive Director, KitchenerWaterloo Multicultural Council, Kitchener

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a community of scholars With 118 scholars studying throughout Canada at 19 different universities, we believe strongly in the value of establishing a national community of scholars who inspire and motivate each other. To this end, each year we bring scholars together for an orientation expedition, national scholars’ retreat, regional events and our national scholars’ forum. We also provide an online space for past and present scholars at www.loranscholar.ca and on LinkedIn.

ORIENTATION EXPEDITION A multi-year pledge from Nancy and Bob Young continues to bring each new class of Loran Scholars together to participate in an outdoor expedition. The week-long trip provides scholars with an opportunity to challenge themselves physically, gain confidence

in taking risks and work productively in a team setting. It also builds a shared sense of identity amongst the incoming class of Loran Scholars before they disperse across Canada to begin their first term at university.

This year the incoming Class of 2012 scholars split into one hiking and two canoeing groups before venturing into Algonquin Park. Scholars covered up to 10 km a day and pitched camp every night, carrying their gear and food with them. This wilderness experience was a first for many. A 24-hour solitary period in the middle of the expedition and several days of rain added extra elements of challenge this year.

This is our fourth year partnering with Outward Bound to deliver this program.

Since its inception in 2009, there has been a noticeable impact on scholars’ relationships with one another as the Loran Scholar community grows more cohesive every year.

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SCHOLARS’ RETREAT Upon completion of the orientation expedition, the incoming scholars joined their upper-year counterparts at the annual Scholars’ Retreat. This year, 83 scholars, eight staff members and several alumni gathered to highlight peer-topeer learning, role modeling, and reflection.

During the weekend, alumni facilitated sessions about the value of learning from failure and how to maximize opportunities in your career and community.

Scholar- and staff-led sessions provided tips to pursue summer plans outside of your comfort zone and ideas to improve service activities. This retreat was the largest gathering of current scholars to date.

NATIONAL SCHOLARS’ FORUM As is tradition, first- and fourth-year scholars were invited to attend the national selection weekend to participate in the annual Scholars’ Forum and assist with interviews. The forum consisted of workshops and plenaries led by scholars, alumni, staff and guests.

Highlights of the forum included a case-based discussion on trust, reputation and ethical leadership led by Rotman business professor and former director of CMSF, Rick Powers; alumni-led sessions investigated what constitutes a classroom and what counts as education, as well as how to integrate the Loran values into the transition out of undergraduate studies. Fourth-year scholars facilitated a discussion titled, “What We Wish We Had Known” with first-year scholars that rounded out the day.

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summer program Over the course of their undergraduate studies, scholars are expected to gain work experience in the private and public sectors in Canada and abroad. Staff members support scholars by establishing partnerships with leading companies and organizations, such as Social Capital Partners, the Consulate General of Canada in Vietnam and the Martin Prosperity Institute. In 2011, 28 internships were made available to scholars through the Foundation. Scholars are also encouraged to connect to our extensive network of donors, alumni and volunteers. They can access up to $8,500 in order to plan three unique and challenging summer experiences.

1. An enterprise internship: Scholars develop skills

PROFILE : DIVYA PAHWA Originally from Saskatoon, Divya Pahwa (Loran Scholar ’09) graduated from Walter Murray Collegiate Institute, where she served as co-editor of the school paper, head of the environmental club and chaired the student ambassador council for Kids Help Phone.

After being selected as a Loran Scholar, Divya decided to move to Montreal to study at McGill University. Now a fourth-year student in sociology and marketing, she serves as treasurer of a campus political club and was a delegate to the G8/G20 youth summit in Paris, France. In the wider Montreal community, she volunteers with a literacy initiative for at-risk youth. She also writes for the McGill career services blog about career advice and issues facing young women in the workplace.

Divya’s summer experiences have complemented and broadened her academic studies. During the summer after

in a for-profit environment and learn about leadership in the business world. For example, 2010 BMO Capital Markets Loran Scholar Sarah Lone was a Social Responsibility Research Assistant with Teck Resources Ltd, a mining company with 9000 employees worldwide.

The summer program has exceeded my expectations, says Divya.

I had no idea there was so much adventure and learning in store for me. It’s been an incredible ride.

Divya Pahwa

2. A public policy internship: Scholars gain experi-

ence with Canada’s policy-making process, in its partisan or non-partisan forms, and are exposed to institutions that influence public policy in Canada. For example, 2010 Loran Scholar Dylan Collins interned with the British Columbia Centre for Disease Control, where he researched policies to widen access to an opioid antidote.

her first year at McGill, Divya volunteered with SIDART, an NGO in Jaipur, India. She helped to lead focus group discussions with politically involved women and researched de-centralized governments, education and women’s empowerment in politics. “My summer working with SIDART taught me the most about people, exercising patience, and how people define value in their lives,” says Divya. “It was fascinating to understand and learn why my co-workers value kinship and loyalty so much and how family influences the decisions a young person makes.”

3.

Personal and/or community development: In

For her second summer, she interned at the Johnson-Shoyama Graduate School of Public Policy in Saskatoon. Building on her experience the previous summer, she researched and wrote a paper on federalism, social policy, the welfare state and health care in India.

Canada or abroad, scholars participate in projects that take them outside of their academic and personal comfort zones. For example, 2009 W. Garfield Weston Loran Scholar Tyler Heal helped to lay the groundwork for a new Arctic service-learning project for the University of Alberta’s engineering department in Pangnirtung, Nunavut.

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For her third summer, Divya worked at Loblaw Companies in Brampton. She interned in product development, project management and marketing, with a focus on new gluten-free products. “Working for such a large company I was expected to learn a lot on my own. From a business perspective, it was quite possibly the best learning experience I’ve had in the past four years,” she says.

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PROFILE : GEORGE GEORGHIADES In late September 2011, alumni, scholars and their guests gathered in Toronto for the second Connexion weekend. On Friday, Klara Michal (‘97) hosted an informal reception that gave alumni an opportunity to meet and catch up with each other.

Ilse Treurnicht, CEO of the MaRS Discovery District, kicked off Saturday with a morning keynote address. She challenged alumni to consider the innovation imperative we face as a nation and called on a new generation of leaders to usher in this new knowledge economy.

The theme, “Unconventional Leaders in an Open World”, included six interactive panels involving 16 speakers on topics related to the theme, including the future of health care, innovation in public policy and the public sector, urban environmentalism, unconventional education, rural Canada and the open Internet.

Naheed Nenshi, Mayor of Calgary, was the highlight of the evening as he delivered a keynote address outlining his “politics in complete sentences” approach. An excerpt of Mayor Nenshi’s speech was later aired on CTV’s W5 program.

An alumni brunch on Sunday concluded the weekend. Alumni spoke about the value of the personal connections forged through the alumni network and participated in a brainstorming session led by Chris Cowperthwaite (‘99), the incoming coordinator of the alumni association.

Writing about the weekend later an alumna said she would strongly recommend the Connexion experience, stating: “The inspiration, the confidence and the sense of potential you walk away with is really remarkable. Plus, the desire to continue to achieve, work hard to serve your community, and to build meaningful connections with people is invaluable.”

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Almost three years ago, George Georghiades (Loran Scholar ’95) and his brother Nickolas started Lexington Park Real Estate Capital Inc., a premier real estate investment and asset management firm in Waterloo. Focused on the growing region of Kitchener-Waterloo, the firm manages a broadly diversified portfolio of retail, office, and multi-residential assets totaling over $135 million. Beyond generating returns, the firm strives to create sustainable new and repurposed assets that serve the long-term interests of the communities in which it operates.

Being selected as a Loran Scholar and having the opportunity to study at Huron College and the Richard Ivey School of Business was a life-changing experience for George. “I was It’s easy to give back to very comfortable in Waterloo. an institution that has But it was great to be plucked helped shape my life. out and be immersed in a new environment with the resources George Georghiades and time to think about what I wanted to do and who I wanted to be. Without the award, I would never have been able to study away from home,” he says.

George was a residence don for two years and served on a number of Ivey committees. Through his mentor, Paul Hayman, fellow scholars and other contacts in the foundation’s network, he found summer internships at Cooperators Insurance, HSBC Bank Canada and Ballantyne Systems.

Upon graduating from Ivey, George joined McKinsey & Company as an analyst and spent nearly a year in Greece helping to establish the firm’s Athens office. After two and half years, he then went to work on special projects within CIBC’s Retail Markets group.

George earned an MSc in real estate economics and finance from the London School of Economics and an MPA from the Kennedy School at Harvard University before returning to McKinsey. He held progressively senior roles and was primarily focused on alternative investments, real estate and private equity. In conjunction with his academic studies, his time at McKinsey provided the content knowledge that he needed to launch Lexington Park with his brother.

George is a strong supporter of the Loran Scholar program. He mentored a scholar who attended Western, was the first alumnus to serve on the board of the foundation, and currently chairs the selection committee in Kitchener-Waterloo/Guelph. Through Lexington Park, he is also a major donor. “To be competitive globally, we need to invest significantly in talented young Canadians,” he says. “Just a few people can have a huge impact on the world. We need to give them an option to excel here in Canada and the Loran Scholar program does that – one student at a time.”

2012 ANNUAL REPORT

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volunteers Since inception, our selection process has relied on a network of dedicated volunteers who assess and interview candidates. We recruit volunteers from a variety of sectors and careers who are demonstrating in their own lives the very values we look for in our scholars. Our small staff of seven employees works at the centre of this national network.

From the directors on our board to the interviewers and assessors to the mentors who commit to four years of advising a scholar, it is only through the work of volunteers that we are able to deliver such an effective enrichment program. Last year, more than 500 volunteers gave more than 8,000 hours of their time. We thank the individuals listed below for giving their time and for believing in the value of making long-term investments in young Canadians who demonstrate character, service and leadership potential.

Tameeza Chatur

Linda Ann Daly

Kevin Farrell

Douglas Grant

Priscilla Chen

Lisa Dalziel

Sarah Farrell

Pierre-Luc Gravel

Steve Chipman

Elaine Davies

Walter Fenlon

James Gray

Jerome Chomos

Annabelle DeGouveia

Andrea Feunekes

Jerry Gray

Jeeshan Chowdhury (‘00)

Paul Dekar

Marta Filipski (‘02)

Loree Gray

Jennifer Clapp

Lisa Demers

Mary Ann Finn

Shari Graydon

Jennifer Clark

Rose-May Demore

Julie Firestone

Kelly Grindrod

Meghan Clarke

Jean Dennie

Brenda Fitzgerald

Harry Grossmith

Andrew Clement

Melanie Derynck (‘02)

Normand Fortier

Wojciech Gryc (‘04)

Lisa Cline

Brian Desbiens

Catherine Fowler

Bill Guest

Robert Cluett

Mohamed Dhanani

Graham Fox (‘93)

Luther Haave

Ruth Ann Companion

Adrienne di Paolo

Renzo Francescutti

Frederick Hall

Alex Conliffe (‘99)

Cam di Prata

Evan Fraser

Louise Hamel

Martin Connell

Sarah Dickson

Graham Fraser

Darlene Hammell

Sergio Acuna Mancilla

David Bell

Elizabeth Bronson

Meg Connell

Lauren Dobell

Diane Freeman

Joel Adams

Hannah Bell

Kyla Brophy (‘06)

Megan Conway

Kelly Doctor (‘99)

Charlotte French

Leanne Hammond Komori

Megan Adams

Teresa Bennett (‘94)

Joseph Brubaker

Sean Conway

Alix Dostal

David Friesen

Lucy Hanes Chatham

Alice Adelkind

Vali Bennett

Dinu Bumbaru

George Cooke

Vaughan Dowie

Virginia Froman

Debbie Hanlon

Amanda Affonso

Louis Bernatchez

Erika Burger (‘91)

Aline Cool

James Downey

Janet Frood

Ian Hanna

Dorinne Ah-Kam

Lyle Best

Kate Burke

George Cooper

Andrea Drager

Rick Frost

Rick Harcourt

Lauren Albrecht (‘01)

Bridget Beswick (‘99)

Helen Burstyn

Michele Corbeil

Jacques Dubé

Guy Fuller

Dylan Hardy

Brent Allison

Mebrat Beyene

François Cadieux (‘05)

Peter Dueck

Kathleen Gallagher

Patricia Harris

Teresa Alm

Benoit Bisaillon

Kelsey Cameron (‘98)

Priscilla Corcoran Mooney

Wendy Duff

Bill Black

Lindsay Cameron

Dave Cormier

Nora Duke

Carolina Gallo Richer La Flèche

Lucia Harrison

Iris Almeida-Coté Anne Andermann

Rob Black

Vickie Cammack

Christine Corston

Martin Dumas

Brian Gardner (‘93)

Anne Hebert

Caroline Andrew

Calee Blanchard (‘98)

Valerie Campbell

Stephen Couchman

Carly Dunster

Peter George

Gerard Heffernan

Amy Andrews Alexander (‘96)

Randy Boissonnault

Wendi Campbell

Yvan Couture

Kim Dupre

George Georghiades (‘95)

Cheryl Heinzl

Mark Angelo (‘97)

Madeline Boscoe

Ray Cantwell (‘98)

Chris Cowperthwaite (‘99)

Erin Eacott (‘93)

Frances Gertsch

David Helliwell

James Appleyard

Julie Clare Boudreault

Derek Carlisle

Philip Cowperthwaite

David Eaves

Natalie Gerum (‘05)

Meghan Henry

Louise Arkle

Marina Boulos

Sharon Carstairs

Christine Cowtan

Kim Echlin

Melissa Gibaldi (‘04)

Claire Hepburn

Ted Aubut

Andreea Bourgeois

Sheila Casgrain

Jane Craighead

Lyle Eide

Julie Gibson (‘95)

Les Herr

Mary Lou Babineau

Marg Bowman

John Cawley

Caroline Crawford (‘06)

Susan Eide

Mark Gifford

Hillary Higgins (‘03)

Anne Catherine Bajard

Cory Brake

Wendy Cecil

Purdy Crawford

Pearl Eliadis

Scott Gilmore

Garry Hilderman

Lauren Baker

Gurpreet Brar (‘00)

Amy Cervenan (‘99)

David Crombie

Michael Emes

Eric Gionet

Alex Himelfarb

Karim Bardeesy

Samuel Breau (’05)

Louise Chagnon-Bucheit

Patrick Cronin

Kristin Erickson (‘01)

Patrick Giroux

Terrence Ho

Stephanie Barker

Jeff Brison

Mark Chamberlain

Michael Currie (‘05)

Breanne Everett (’02)

Jonathan Glencross

Cheryl Hodder

Katie Barnes-Prior

Scott Brittain

Kevin Chan

Ruth daCosta

Paul Fahey

Steve Glickman

Karen Hoffmann

Allison Barrett-George

Alan Broadbent

Shirley Chan

Ann Dadson

Kevin Fairs

Nicki Glowacki

Laura Hogan (‘99)

Debbie Barton Moore

Tim Brodhead

Alice Chan-Yip

Michelle Dagnino (‘98)

Conor Falvey (‘06)

Jane Good

Heather Holland (‘98)

Jeff Baryshnik (‘98)

Ken Broekaert

Robert Chatelain (‘01)

Kit Dalaroy

Johnny Fansher

Ida Goodreau

Jonathan Holmes (‘07)

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Robert Hawkes

VOLUNTEERS

PROFILE : THE HON. MICHAEL WILSON, P.C., C.C.

c o n ti nu e d

Grant Hopcroft

Jane Lapointe

Michael MacMillan

Meghan Moore (‘98)

Nancy Hopkins

Viviane Lapointe

Antonia Maioni

Mary Moran

Jon Hountalas

Paul Larocque

Beth Malcolm

Michael Moreau (‘98)

Stephen Huddart

Laurie Lashbrook

Zahra Mamdani

Caroline Morency

Renée Hudon

Sylvie Lauzon

Sharon Manson Singer

Elizabeth Morey

Jim Hughes

Tracy Lavin

Judith Marcuse

David Morin

Michelle Hurtubise

Patrick Lawlor

Verlie Martin

Isabelle Morin

Andrea Iaboni

Doug Lawson

Marilyn Mason

Françoise Morissette

Yaacov Iland (‘97)

Stéphane LeBlanc

Jaymie Matthews

William Morneau

David Ingram

Marie Leblanc-Kerr

Judy Matthews

Kim Morris

Nicole Israel (‘99)

Linda Leith

Ashif Mawji

David Mosher

Humera Jabir (‘08)

Richard Lemon

Arthur May

Christine Moss

Tim Jackson

John Lennox

Alex Mazer (‘97)

Kristen Munro

Don Jaffray

Richard Lessard

Donald Mazer

Susan Murley

Francine James (’94)

Pat Letizia

Gordon McBean

Shawn Murphy

Ed Jernigan

Peter Leuprecht

Brian McCain

Kyleen Myrah

Michael Johnston

Leah Levac

Jill McCaw

Nicolas Nadeau (‘02)

Craig Jones

Leanne Lewis

Rosemarie McClean

Patrick Nadeau (‘98)

Seth Kay

Christopher Li (‘93)

Velma McColl

Kendra Naidoo (‘01)

Allison Keating (‘04)

Grace Li (‘06)

Kim McConnell

Ted Needham

Anthony Keating

Alison Loat

Helen McEvoy

Byron Neiles

Carol Kehoe

Nancy Lockhart

Sandy McFadden

Naheed Nenshi

Ruth Kelly

Sandra Lockyer

Désirée McGraw

Jennifer Newcombe

Kevin Keough

Charles Loewen

Mary McIntosh

Chris Newton-Smith (’95)

John Keuper

Chad Lubelsky

Helen McLean

Martha Nixon

Ekta Khemani

Wayne Ludlow

Anne McLellan

David Noble

Kosar Khwaja (‘94)

Gaëtan Lussier

Christy McLeod

Donna Noonan

Candace Kielbiski

Axel Meisen

Wesley Novotny (‘96)

Jamie King

Marie-Claire Lussier-Desbiens (‘05)

Sylvie Mercier

Mark Nyvlt

Jennifer King (‘98)

Emma Lyndon (‘98)

Klara Michal (‘97)

Janice O’Born

Joey Kish

Jeanette Lynes

Christian Michaud

Daniela O’Callaghan (‘01)

Emilie Knoechel (‘96)

Kurt Lynn

Sandi Mielitz

Jennifer O’Connor

Sevaun Palvetzian

Ian Peer

Craig Pho

Jennifer Racine

Sara Knowles (‘98)

Heather Millar (‘00)

Jeremy O’Krafka

Marc Paquin

Carole Pelletier

Lawrie Pollard

Marie-France Raynault

Audrey Kobayashi

Mary MacDonald-Pickering

Diane Minichiello

Liz O’Neill

Sandra Patterson

Kate Pereira (‘04)

Gerry Pond

Brandi Read (‘98)

Michael Kogon (‘95)

Rhiannon MacDonnell

Sam Minniti

Vivienne Ojala

Lianne Paturel

Laura-Julie Perreault

Rick Powers

Tamara Rebanks

Amy-Lee Kouwenberg (‘01)

Sandra MacGillivray (‘94)

Usha Mittoo

Sharon Olmstead

Martin Pearce

Ann Peters

Gail Prasad (‘98)

Wendy Rebanks

Norman Labrie

Jim Mackey

Jessica Moe (‘04)

Catherine Ouimet

Matthew Pearce

Cathy Phillips

Deborah Preston

Matthew Reid (‘05)

David Laidley

Peter MacKinnon

Mike Moffatt

Mark Ouseley (‘06)

Hilary Pearson

John Phillips

Christopher Proctor (‘06)

Sylvie Renault

Scott Landgraff

Roderick MacLennan

John Montalbano

Terry Owen

Landon Pearson

Tara Phillips (‘96)

Ene Querney

Grant Reuber

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Well-known for his work as federal Minister of Finance and later as Canada’s Ambassador to the United States, The Honourable Michael Wilson joined the Board of the Canadian Merit Scholarship Foundation in 2012. He brings a wealth of experience from his distinguished career in Canadian public life as a politician, diplomat, business leader and community volunteer to our board.

“The Loran Scholar program, with its emphasis on identifying and nurturing strong character in young Canadians who are making practical contributions to communities across the country, is a key means of investing in the future prosperity of Canada. I am proud to serve on the board,” says Mr. Wilson, who is Chairman of Barclays Capital Canada.

The Loran Scholar program, with its emphasis on identifying and nurturing strong character in young Canadians who are making practical contributions to communities across the country, is a key means of investing in the future prosperity of Canada. I am proud to serve on the board, The Honourable Michael Wilson

Mr. Wilson is a strong supporter of higher education. He is a graduate of Trinity College and currently serves as Chancellor of the University of Toronto. In 2010, he was promoted to Companion of the Order of Canada for his outspoken advocacy in the field of mental health and for his contributions to public service, both in Canada and on the international stage.

VOLUNTEERS

cont inued

2012 ANNUAL REPORT

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VOLUNTEERS

INDIVIDUAL ANNUAL GIVING

c o n ti nu e d

Sidney Ribaux

Jason Shannon

David Thompson

Frances Westley

Doug Richardson

Mike Shaver

Ian Thompson

W. Galen Weston

Emma Richardson

Allan Shaw

Wendy Thomson

Anne Whelan

Lindsey Richardson

Karen Sheriff

Chantal Tie

Laura White (‘00)

Norman Riddell

Yafang Shi

Tiffany Tingley (‘02)

James Wilson

Mike Ridley

Mamdouh Shoukri

Kenneth Tolmie

Karen Wilson

Nada Ristich

Don Shumka

Martha Tory

Michael Wilson

Joy Roberts

Robert Silverman

Warren Tranquada (‘92)

Rose Wilson

Peter Robic

Michael Simmonds

Beatrice Traub-Werner

Chuk Wong

Haley Robinson (‘08)

Merilyn Simonds

Moreen Tremblay

Peter Wong

Peter Robinson

Elliot Sims (‘04)

Sue Wong

Bruno Rocca

Duncan Sinclair

Marilyn Trenholme Counsell

Ryan Rodrigues

Lucas Skoczkowski (‘92)

Ilse Treurnicht

Cornell C.V. Wright

Meghan Rodrigues

Beth Skuy

Janet Tryhuba

Fred Wright

Wendy Roe

Malcolm Smith

Linda Tunney

John Wright

Tina Rogers

Michael Smith

Edna Turpin

Arash Yazdani

Richard Rooney

Robert Smithson

Chris Umiastowski

Elizabeth Yeo

Jane Rounthwaite

Kim Steele

Michael Urlocker

Bill Young

Kate Rounthwaite

Erin Steuter

Steven Uster (‘97)

Nancy Young

Jane Roy

Judy Stymest

Barbara Uteck

Sarah Young

Lucie Saint Gelais

Linda Sun (‘07)

Beth Vader (‘99)

Erica Zarkovich (‘98)

Abigail Salole

Peter Sweeney

Stéphane Vaillancourt

Pierre Zundel

Nadia Salvaterra (‘00)

John Swift

Valérie Valiulis

David Sandomierski (‘97)

Michele Symons

Jason van Eyk

Matthew Sardina

Amy Tan (‘96)

John van Nostrand

Meredith Saunderson

Michele Leighton Symons

Colleen Varcoe Christine Vaughan

Andrée Savoie

François Tanguay- Renaud (‘98)

Roberta Sawatzky

Karen Tanner

Lynda Vézina

Natasha Sawh

Deborah Taylor

Bilkis Vissandjée

Susan Scace

Peter Taylor

Román Viveros-Aguilera

Mark Schaan (‘97)

Leah Temerty Lord

David Vlemmix (‘05)

Vicki Schmolka

Ken Teslia

Kevin Waller

Lyle Schwartz (‘96)

Chantal Thériault

Richard Walling

Rudy Sedlak (‘97)

Myriam Thériault

Gary Warner

Hersh Sehdev

Joël Thibert (‘00)

Jaime Watt

Nola-Kate Seymoar

Patricia Thiel

Ashley Weese

Steve Shannon

Steve Thomas

Joy Weismiller

Judy Savage Philip Savage

Bhavana Varma Christl Verduyn

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Rob Wood

We thank the individuals listed below for their financial contributions in support of our mission. A denotes a donor who also gave travel miles to mitigate the costs of national selections. M indicates a monthly donor. (from 1 May 2011 to 30 April 2012)

Vis io n a r i e s ’ C i r c l e - $500,000+ Estate of Ora Adeline Abraham

Nancy & Bob Young

Walter and Marilyn Booth

F o u n d e r s ’ C i r c l e - $75,000+ Anonymous

Craig Casgrain

Anonymous

Tamara Rebanks & James Appleyard

Samuel Belzberg

Wendy & Leslie Rebanks

F o u n d e r s ’ C i r c l e - $25,000- $74,999 Gerald & Geraldine Heffernan

John & Cathy Phillips

Robert Cluett

Rose Wilson

Klara Michal (‘97)A

F o u n d e r s ’ C i r c l e - $10,000- $24,999 Wendy M. Cecil

Mark Schaan (‘97)

Patrick & Ramona Cronin

Kevin Sullivan

William Morneau

Quynh-Thuyen Tan (’92)

Craig Pho & Mireille Moors

Fred R. Wright

Richard Rooney

Ben A. Young

2012 ANNUAL REPORT

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Ch air’s Circle - $5, 000- $9, 999

E xe c u t iv e D i r e c t o r ’s Cir cle - $500- $999 ( cont ’d.)

Roderick MacLennan

Lucas Skoczkowski (‘92)

Virginia Froman

Mary Moran

Bill & Betty Morris

Steven Uster (‘97)

Peter George

Chris Newton-Smith (‘95)

Holly Gwynne-Timothy

Wesley Novotny (‘96)

Marianne Hawkins (‘93)

Natalie Parks (‘03)

Adina & Jesse HelmerM

Joanne Pooley

Yaacov Iland (‘97)M

Tina Rogers

A

Heinz & Margaret Rieger

Ch air’s Circle - $2, 500- $4, 999 Kenneth Broekaert

Franca Gucciardi (‘90) & Alex Usher

Corey Centen (‘03)

David Ingram

Bryan P. Davies & Andra TakacsA

L.O. Pollard

Mary Ann Finn

Cornell Wright & Sarah McEvoy

Doug & Ruth Grant

E xe cutive Director’s C i rc l e - $1, 000- $2, 499 Gail Asper & Michael Paterson

Richard Ivey

Jeff Baryshnik (‘98)

Kosar Khwaja (‘94)

Jalynn H. Bennett

Michael Kogon (‘95)

Robert Campbell

Sandra (‘94) & Rodney MacGillivray

Nathan Clute (‘98)

Don & Rosemarie McClean

George Cooper

Christy McLeod

Elaine Davies

Richard Phillips

Brian Desbiens

Karen McRae

Paul Fahey

Brandi Read (‘98)

Catherine Fowler

Russell M. Robinson II

Brian Gardner (‘93)

Lionel Schipper

Harry Holman

Jordan Velestuk (‘99)

E xe cutive Director’s C i rc l e - $500- $999 Anonymous (2)

Gurpreet Brar (‘00)M

Dominic Allain (‘95)

Robert Chipman

Amy Andrews Alexander (‘96)

Jennifer ClarkM

Mark Angelo (‘99)

Chris Cowperthwaite (‘99)M

Alison & David Appleyard

Purdy & Bea Crawford

Patricia Arroyo (‘92)

Michelle Dagnino (‘98)

Stephanie Barker

Adrienne Di Paolo

Teresa Bennett (‘94)

Erin Eacott (‘93)

Pierre Boudreault

Graham Fox (‘93)M

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Heather Kerr (‘96)

Heather SprattA, M

Michael Laine

Amy Tan (‘96)

Sophia Lu (‘07)

Martha J. Tory

Gaëtan Lussier

Warren Tranquada (‘92)

Sarah Michael (‘93)

Ryan Van Wert (‘98)

S c h o la r s ’ C i r c l e - $250- $499 Anonymous Ray (‘98) & Christine Cantwell Greig & Carolyn Clark Aline Cool Brian Degnan Melanie Derynck (‘02) Michael Douglas (‘99) James Downey Kim Echlin Conor Falvey (‘06)M Maya Fernandez (‘08) Afzal Habib (‘06) Frederick Hall Ian Hembery Laura Hogan (‘99) Michelle HurtubiseM Francine James (‘94) Sean Junor

Jennifer King (‘98) Catherine Lambert (‘00) John Watt Lennox Emma Lyndon (‘98) Matto Mildenberger (‘03) Calvin Mitchell (‘10) Patrick Nadeau (‘00)M Barbara Nelson Marian Nemec (‘91) Kara O’Brien (‘01) Neil Peet (‘04) Ann Peters Shayan Rahnama (‘01) Tara & Rudy Sedlak (‘97) Evan Short (‘93) Megan Stone (‘06) Christl Verduyn

2012 ANNUAL REPORT

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S c h olars’ Circle - up to $249 Megan Adams Ainsley Alexander (‘03) Stephanie Arbez (‘01) Aaron Bailey (‘11)M Jordan Banks Zoë Barrett-Wood (‘06) Mischa Bartkow (‘99)M Eric Beaudoin (‘05) Bridget Beswick (’99) Joan & Richard Beswick Rick Bhullar (‘00) Calee Blanchard (‘98) Emily BoehmM Jérémy Boulanger-Bonnelly (‘11)M Kate Boyle Samuel Breau (‘05) Kyla Brophy (‘06) Erika Burger (‘91)M Brant Carson (‘99) Brianne Castonguay (‘03) Amy Cervenan (‘99) Danielle Chahine-Iny (‘98) Shirley Chan Robert Chatelain (‘01) Cherie Chen (‘11)M Sunny Cheung (‘06) Anne Cheverie (‘04) Alison Chick (‘01) Jerome Chomos Taylor Christl (‘00) Alex Conliffe (‘99)M Stephen Cosman (‘03) Caroline Crawford (‘06) Don Currie Michael Currie (‘05) Patrick David (‘99) & Michael SmithM Rebecca Davis (‘00) Max Deschner (‘09)

S c h o la r s ’ C i r c l e - up t o $249 ( cont .’d)

Jugal Kishore Dhoot Kathryn Dingle (‘07) James Di Paolo (‘08) Kelly Doctor (‘99) Janet Drynan Francis Dubé (‘01)M Michael Dudkiewicz (‘98) Patrick Duncan (‘06) Kaitlin Dupuis (‘02) Danya Dziedzic (‘09) Ann Falvey Akin Famuyide (‘04) Adam Fearnall (‘08) Emma Feltes (‘04) Mairead Ferguson (‘11) Marta Filipski (‘02) Danica Fisher (‘98) Sonja Forstner Frances Gertsch Natalie Gerum (‘05) Jane Good Sam Gregory (‘11)M Wojciech Gryc (‘04)A Ali Hamandi Emma Hapke (‘03) Ryan Harley Eric Haywood-Farmer (‘96)M Meghan Henry Daniel Hertz (‘08) Hillary Higgins (‘03) Heather Holland (‘98) Jonathan Holmes (‘07)M Robyn Hooper (‘07) William Hooper Lindsey Horsfield (‘02)M Nazim Hussain (‘01) Mathieu Isabel (‘06) Devon Jackson (‘11) Melinda Jacobs (‘08)M

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Aneil Jaswal (‘07) Soniya Jobanputra (‘97) Charlotte Jones Shannon Jorgensen (‘00) Jean-Philippe Julien (‘01) Sharon Kennedy (‘05) Shannon King (‘11) Emilie Knoechel (‘96) Sara Knowles (‘98) Amy-Lee Kouwenberg (‘01) Hans Krause (‘11)M Marie-Renée Lajoie (‘04) Courtney Lancaster (‘04) Hyla LaPointe (‘08)M Charles Larson (‘03) Alvin Lee Janet Lewis Grace Li (‘06)M Christopher Li (‘93) David Lussier (‘06) Nyranne Martin (‘97) Maria Maute (‘06) Alexander Mazer (‘97)M Marcus McCann Doug McChesney Julie McGill Heather Millar (‘00)M David-Martin Milot (‘07) Jessa Miyashiro (‘06) Jessica Moe (‘04) Meghan Moore (‘98)M Victoria More (‘07) Jeanie Morton (‘02) Sivakami Mylvaganam (‘11)M Nicolas Nadeau (‘02) Anita Nador Jenna Newman (‘95) Terry Nickerson Ron Novotny

30

Kevin O’Rielly Justin Oake (‘06) Sharon Olmstead Livia Ottisova (‘03) Mark Ouseley (‘06) Jonathan Paradis (‘08) Konnie Peet John Pegg (‘06) Aimee Pelletier (‘00)M Kate Pereira (‘04)M Lauren Phillips (‘99) Tara Phillips (‘96) Debjani Poddar (‘05) Jay Potter (‘02)

Karen Roberts (‘00) Haley Robinson (‘08) Jesse Robson (‘05) George Roter Jane Rowland David Sandomierski (‘97)M Gail Scott Roberta Seed Katie Sheehan Robert Sillcox Karlee Silver Michael Singh (‘07) Mariana Sklepowich (‘01)M Graham Smith (‘05)

Myriam Thériault Joël Thibert (‘00) Jamie Thomas-Pavanel (‘05) Tiffany Tingley (‘02) Hoai-An Tran (‘08) Geneviève Tremblay (‘97) Joshua Vanwyck (‘04) David Vlemmix (‘05)M Christine Wadsworth (‘06) Joshua Wales (‘04) Alexander Way (‘04) Darryl White Sarah Wiley Karen Wilson

Richard Powers Gail Prasad (‘98) Christopher Proctor (‘06) Vanessa Redditt (‘03) Matthew Reid (‘05) Cameron Revington (‘11)M Armin Rezaiean-Asel (‘11) Lindsey Richardson

Kimia Sorouri (‘11) Elizabeth Sully (‘04) James Sully (‘02) Linda Sun (‘07) Ian Sunderland (‘98) Kailea Switzer (‘05) Julianna Tan (‘11) François Tanguay-Renaud (‘98)

Annabel Wong Diana Wong (‘08) Sam Wong (‘90) Stephen Young (‘03) Erica Zarkovich (‘98) Jiawen Zhou (‘11) Hayes Zirnhelt (‘05)

2012 ANNUAL REPORT

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CORPORATE AND FOUNDATION ANNUAL GIVING (from 1 May 2011

to 30 April 2012)

Since our earliest days, the Loran Scholar program has benefited from the support of Canadian companies and foundations that are aligned with our mission of investing in young people who demonstrate character, service and leadership potential.

P r i nc i pal Suppo rter - $ 1,00 0,00 0+

We need leaders in every domain and every organization, which is why BMO Capital Markets is a proud supporter of the Loran Awards. Through our Equity Through Education initiative, we have invested $1,825,000 in a diverse group of scholars, all of whom show potential as leaders.

Eric Tripp, Co-President, BMO Capital Markets

Pr inc ipal B e ne f ac t o r s - $ 5 0 , 0 0 0 + Loran Alumni Association school and sports photography

Sponsor of the W. Garfield Weston Loran Awards

Pr im ar y B e ne f ac to r s - $ 2 5 , 0 0 0 +

Primary Supporter - $500,000+ The Morrison Foundation

Anonymous

Avana Capital Corporation

Future Leaders Fund

The Great-West Life, London Life, Canada Life

M ajo r B e ne f ac t o rs - $ 1 0 , 0 0 0 +

Major Supporter - $250,000+

Friesens

Lexington Park Real Estate Capital Inc.

The Midloch Foundation

Ralph M. Barford Family Foundation

B e ne f ac t o r s - $5 , 0 0 0 +

The Temerty Family Foundation

Anonymous

Burgundy Asset Management Ltd.

Deloitte & Touche Foundation Canada

E.W. Bickle Foundation

Frum Development Group

A s so c i ate Suppo rters - $ 75 ,0 00 + Friends of Canadian Education

M ajo r D o no r s - up t o $ 4 , 9 9 9 Dr. Gupta Medicine Professional Corporation

Loran Scholars’ Association

Microsoft Corporation

National Leasing

Outward Bound Canada

Robertson Stromberg LLP

R.H. McRae Charitable Foundation

TD Private Giving Foundation

The Taligent Group

United Way Ottawa

University of Guelph, Biomedical Sciences

In-Kind The Henry White Kinnear Foundation

The Michael Young Family Foundation

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Official Air Travel Sponsor

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Bennett Jones LLP

Harper Grey LLP

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financials

INCOME (Loran Awards)

2012

Donations

2,121,960

Over the past seven years, the Foundation has steadily increased its asset base from $1.3 million to $6.8 million. This provides us with the necessary reserve to continue to offer 30 new awards every year, knowing we have sufficient funds to pay out all anticipated stipends to in-stream Scholars. The increase also reflects the establishment of a modest endowment fund ($2.4M), providing our donors with a means to make a long-term gift in support of the Loran Awards, such as the $500K gift made this year by Walter & Marilyn Booth. One of our goals over the next few years is to fund a modest proportion of our annual expenditures from income earned on invested capital.

Interest and other income

We encourage you to review our audited financial statements, which are available at www.loranscholar.ca. Below is summarized financial information for the year ended April 30, 2012.

Gatherings (retreat, conferences, orientation expedition, etc.)

Current assets Long-term assets

2012 2011

Stipend grants Enrichment program Summer Mentorship and stewardship Selections

$ $

A

Other

2,826,764

3,132,537

3,974,629

2,425,121

2,902

3,627

6,804,295

5,561,285

Excess of revenue over expenses

B

Current liabilities

1,285,302

1,350,634

Long-term liabilities

1,497,745

1,243,556

2,783,047

2,594,190

84,064

2,269,985

2,104,562

1,003,000

985,000

214,032

202,695

56,621

51,729

150,576

137,867

135,485

144,470

1,559,713

1,521,761

185,012

187,891

1,744,725

1,709,652

525,260

394,910

income

Note: Our partner universities waive tuition for Loran Scholars. Total cost of $669,720 is based on the national average tuition of $5,581.

INCOME (Loran Awards) with tuition

LIABILITIES AND NET ASSETS

2,020,498

148,025

EXPENSES

General and administration

ASSETS

2011

$ $

- see note, above

Individuals (12%)

The W. Garfield Weston Foundation (29%) Corporations (21%)

NET ASSETS Endowment Fund

2,476,884

1,181,565

Unrestricted

1,544,364

1,785,530

4,021,248

2,967,095

6,804,295

5,561,285

Universities (Tuition) (24%)

Foundations (11%) Interest & Other Income (3%)

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2012 ANNUAL REPORT

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EXPENDITURES (Loran Awards)

A

B

PROFILE : BREANNE EVERETT

income

without tuition

Summer Program (12%)

Mentorship & Stewardship (3%)

Dr. Breanne Everett, (Loran Scholar ’02), is the President and CEO of Orpyx, a

Gatherings (9%)

Selections (8%)

General & Administration (11%)

Stipend Grants (57%)

B with tuition

Calgary-based company developing sensor technologies to address diabetic patients’ foot complications. Still under the age of 30, this is not the first time she is combining her talents for creativity, entrepreneurship and technical knowledge. She started a jewellery-making business in elementary school that generated regular profits. Her jewellery appeared regularly on the television show North of 60 and in three motion pictures.

Breanne says that being selected as a Loran Scholar was a critical moment in her life: “It removed any limitations and gave me the moral and financial support to pursue what I really wanted to It removed any limitations and do. By selecting gave me the moral and financial scholars based support to pursue what I really on their personal wanted to do. By selecting characteristics and scholars based on their personal drive rather than characteristics and drive rather a specific career than a specific career path, path, scholars scholars are supported to pursue are supported to their own goals and interests. pursue their own goals and interests.”

Dr. Breanne Everett Breanne elected to leave her home in Bragg Creek, AB to enroll in the biochemistry program at McGill University.

income

- see note, opposite page Tuition (28%)

Summer Program (9%)

Mentorship & Stewardship (2%) Gatherings (6%)

Selections (5%) Stipend Grants (42%) General & Administration (8%)

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She returned to Alberta to complete medical school and her residency in Plastic and Reconstructive Surgery at the University of Calgary. Struck by the number of diabetic patients she was meeting and the severe complications they experience, Breanne began to imagine combining diabetic foot care and neuroplasticity to address these problems. In 2011 she took a leave of absence from her residency in order to focus on leading Orpyx. She is also completing her MBA through the Haskayne School of Business.

“Orpyx is not only about meeting the needs of diabetic patients; it is also about taking a preventative approach to patient care and inspiring innovation in the medical profession,” says Breanne. Orpyx’s sensor-based technologies hold potential to be used in a variety of medical and athletic applications.

Recognizing the importance that the Loran Award played in her own life, Breanne is committed to give back to the program. She is a volunteer and active member of the alumni network.

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B O A RD OF DIREC TORS & OFFICE RS

H O N O U R ARY C O UN C I L

Kenneth Broekaert Senior Vice-President, Burgundy Asset Management

Tamara Rebanks (Vice-Chair) Vice-President, Community Affairs, George Weston Ltd.

Patrick Cronin Executive Managing Director & Head, Financial Products, BMO Capital Markets

Susan Scace (Chair) President, The Henry White Kinnear Foundation

Brian Desbiens Past President, Sir Sandford Fleming College

Mamdouh Shoukri President & Vice-Chancellor, York University

Cam di Prata Past Executive Vice-President & Head, Corporate & Investment Banking, National Bank Financial

Michael H. Wilson, C.C. Chairman, Barclays Capital Canada

Mary Ann Finn (Treasurer) Partner, Deloitte & Touche LLP Peter George, C.M., O.Ont. (Past Chair) Past President, McMaster University Franca Gucciardi (Loran Scholar ‘90) Executive Director & CEO, CMSF Nancy Lockhart CAO, Frum Development Group Rosemarie McClean Senior Vice-President, Ontario Teachers’ Pension Plan Meghan Moore (W. Garfield Weston Loran Scholar ‘98) Senior Manager, Strategic Initiatives, United Way of Greater Toronto

Cornell C.V. Wright Partner, Torys LLP Nancy Young CEO & Owner, Elizabeth Bradley Designs Vali Bennett (Secretary) Director of Administration, Avana Capital Corporation Board Members who retired in 2012 James Appleyard (Past Chair) Chairman & CEO, Artez Interactive

R. Alan Broadbent, C.M. Chair, Avana Capital Corporation

James K. Gray, O.C. Founder, Canadian Hunter Exploration

Robert Cluett Founder of CMSF

Lucy Hanes Chatham Chairman, The Morehead-Cain Foundation

David Crombie, P.C., O.C. Former Mayor of Toronto and Member of Parliament

Rod MacLennan, C.M. President, Tribune Holdings

Kim Echlin Author

Grant Reuber, O.C. Former COO, Bank of Montreal; former Chair, Canadian Deposit Insurance Corporation

David Friesen Chairman, Friesens Corporation

W. Galen Weston, O.C. Chairman, George Weston Ltd

J. Douglas Grant Founder, Sceptre Investment Counsel

Karen E. Wilson Solicitor

C O M M IT T EES Executive Committee

Investment Committee

Mary Ann Finn, Peter George, Franca Gucciardi, Bill Morneau, Susan Scace (Chair), Tamara Rebanks

James Appleyard Cam di Prata

George Cooper, C.M. Partner, McInnes Cooper

Audit Committee

Paul Fahey, Vice-President, Pension Investments, Nav Canada

Rosemarie McClean (Chair)

Bill Morneau (Chair)

Fred Wright Partner, Capital West Partners

John Phillips, CEO, Klister Credit Corp

Chuk Wong, Vice-President & Portfolio Manager, Goodman & Company

Patrick Cronin Martha J. Tory, Senior Partner, Ernst & Young LLP

Bill Morneau Executive Chairman, Morneau Shepell

STAF F The Foundation’s CEO, Franca Gucciardi (416.646.2120 x222, franca.gucciardi@cmsf.ca), is a member of the Class of 1990. She has been leading the foundation since 2004. The complete CMSF staff team consists of seven individuals based in Toronto, including three alumni of CMSF programs.

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The Canadian Merit Scholarship Foundation 416.646.2120 460 Richmond Street West 866.544.2673 (toll-free) Suite 502 416.646.0846 (fax) Toronto, ON M5V 1Y1 www.loranaward.ca Charitable registration number: 855-132643-RR0001.

We invite you to donate on-line at www.loranaward.ca/donate