2015 ANNUAL REPORT

2015 ANNUAL REPORT | 1 We believe in finding and nurturing the next generation of leaders of character: mission young people who act with integrity, courage, compassion, determination and a high level of personal autonomy. Canada will thrive if we ensure that high-potential students are given the opportunity to imagine, explore and create the future. The Loran Scholars Foundation, founded in 1988, is a national charity that works in partnership with universities, donors and volunteers throughout the country to invest in young Canadians who demonstrate character, RIGOROUS SELECTION PROCESS 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 Formerly known as the Canadian Merit Scholarship Foundation, the Loran in academic and extra-curricular interests; strongly developed inner-directedness; and outstanding overall potential for leadership. Through a series of assessments and Scholars Foundation changed its name in 2014. personal interviews, we select the top 30 from 3,800 applicants as Loran Scholars. We also grant up to 80 one-time entrance awards. MISSION STATEMENT LONG-TERM INVESTMENT IN POTENTIAL We are committed to the greatest of Canada’s resources: our youth.

We work to identify and support talented students who show promise of We provide Loran Scholars with a renewable award comprising an $9,000 living leadership and a strong commitment to service in the community. stipend and a matching tuition waiver from one of our 25 partner universities. We encourage scholars to resist the temptation to take easy or conventional paths and to We fund these citizens to study on Canadian campuses, to the benefit of their seek out, instead, how they can most effectively contribute to society. To this end, we future and ours. 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.

TABLE OF CONTENTS EXTENSIVE NETWORK Letter from CEO & Chair 4 Summer Program 16 Results So Far 6 Volunteers 20 We welcome Loran Scholars into an extended family of volunteers, donors, staff, and Selection Process 9 Donors 26 past and present scholars. The incoming class of Loran Scholars spends five days together in Algonquin Park as part of their orientation expedition before they begin Class of 2015 10 Financial Information 35 university. All scholars are invited to our annual four-day national scholars’ retreat. University Partnership 11 Board of Directors & Officers 38 Our past scholars organize their own Connexion weekend every three years. We know the value of these relationships and take care to nurture them. Mentoring 12 Honorary Council, Committees Scholar Gatherings 14 & Staff 39

Cover photo: Faelan Prentice (Young Fund Loran Scholar ‘14) spent his summer working for the Haida Gwaii Higher Education2015 Society inANNUAL Haida Gwaii, REPORT BC. Photo credit:| 2 Brianne Miller. 2015 ANNUAL REPORT | 3 LETTER FROM CEO & CHAIR

Nearly four years ago we determined that to continue Most significant for the foundation’s long-term future will be our ability to focus our program at its current scale we had to raise $14 on our alumni. Supporting and engaging our community of alumni is more than a million by 2017. Our community of supporters strategic goal: it is central to our mission. We do not reward Loran Scholars for responded to this challenge with true leadership and past accomplishments but invest in their potential to make an impact throughout commitment. Long-standing investors redoubled their their lives. Their ongoing success is therefore the greatest measure of ours. We are contributions, and a significant number of new partners excited to work with our global alumni network to develop initiatives that will joined our cause. This year, with the goal in reach, help them build their skills, collaborate with and inspire one another. As the Loran several donors gave our campaign the final push to Scholars Foundation supports its alumni, they are increasingly the stewards of the Franca Gucciardi (Loran Scholar take us past the $14 million mark. Thanks especially to foundation’s success. Alumni are integral to and engaged with every facet of the ‘90), Executive Director & CEO John and Marcy McCall MacBain and an anonymous program as mentors, selection volunteers, board members, staff and more. This donor who stepped up to fund, respectively, five and year past scholars set a new fundraising record, with 89% of our 426 alumni now four scholars yearly over the next four years. Not only donors, bringing cumulative donations to well over $1 million from a group did we reach this goal two years early but, for the first whose average age is just 29. As the alumni community continues to grow (by time, every incoming Loran Scholar is named for a more than one third in the next five years alone), their commitment to our work specific donor who will support their four years in the ensures that the Loran Scholars Foundation will grow with them. program. Our base of support is both deeper and An ambitious plan needs an exceptional team to bring it to life. Our selections broader than ever, comprised of an unprecedentedly team of 350+ volunteer assessors, committee administrators and interviewers diverse range of individuals, foundations and across the country enables us to put each one of our ~3,800 yearly applicants companies who believe in finding and nurturing the through the most rigorous and personalized selection process of its kind in the next generation of leaders of character. Patrick Cronin, Chair world. Our volunteer mentors commit to a full four years of supporting and In addition to thanking these supporters, I want to challenging our scholars to test their comfort zones, discover their strengths, highlight what their investment makes possible. As we advanced towards our and take on new challenges. The extraordinary effort and dedication of these goal, we were able to keep our annual cohort size at 30 as well as make incre- volunteers, mobilized by our full-time staff of eight, is the engine powering ev- mental improvements to the program. Reaching the $14 million milestone has a erything we do. greater significance: it allows us to focus on our vision for the future. Nor could we fulfill our mission without our 25 university partners across Canada. This summer our board of directors and management team worked to outline Loran Scholars not only benefit from a tuition waiver - equal in value to their what form that vision will take in the next six years. The result is a strategic plan annual living stipend - but also receive invaluable guidance from volunteer ad- that will shape our trajectory to 2021, focusing on four key objectives: ensuring ministrators at each institution. These partnerships speak volumes to our shared our program is among the best in the world, marketing our brand, engaging values, to the universities’ trust in our organization to select these young leaders alumni, and securing our long-term funding model. Each of these objectives of character and to the contributions Loran Scholars make to their campuses. signifies exciting new initiatives and new possibilities. For example, we will be Thank you for your support. increasing stipend and summer internship grants, add fourth-year transitioning With the momentum we have achieved in the last three years and an ambitious programming and give more flexibility to our national committees to select a few plan for the next six, Loran is poised to grow into one of the great globally recog- more scholars annually if quality allows. We can focus on further raising our nized scholarship programs. As we tell incoming scholars, when it comes to profile among potential applicants, influencers and supporters, continuing a investing in their potential we are “in it for the long term.” Thanks to the commit- trend that saw us receive front-page coverage in The Globe and Mail this year. ment of our donors, partners, alumni and volunteers, we look forward to honoring We will fund our efforts with increasingly ambitious annual and endowment that promise for years to come. fundraising, with a goal of securing over $20 million in annual fund commitments between now and 2021.

2015 ANNUAL REPORT | 4 2015 ANNUAL REPORT | 5 RESULTS SO FAR

Loran alumni continue to give generously to the foundation and support one Loran Scholars are developing cutting-edge technologies, shaping public another in living the values of character, service and leadership. This past year, policy, pushing boundaries in art and excelling in fields of finance, medicine, alumni contributed $117,000 to our annual campaign, beating last year’s mark law and science. See examples below. by more than 10% and bringing our cumulative giving to $1.1M with an 89% Past scholars’ passions, projects and careers are strikingly diverse. What unites donor participation rate. For a group of 426 whose average age is only 29, them is their demonstration of the core values of character, service and lead- these numbers are truly encouraging. ership, and shared experience of our program. Across the world, they are making Beyond their financial contributions, alumni are also giving generously of their outsized contributions that will continue to grow as the scholars themselves time. Over a quarter of them serve as volunteers in our selection process or as grow older. As the primary beneficiaries of the Loran Scholars Foundation, alumni mentors. In addition, many are working with current scholars by introducing will also be its ultimate stewards. Their ever-greater number, the breadth in them to challenging summer internship opportunities. Through his work on their professional and volunteer interests and continued commitment to each water sanitation initiatives in Cambodia, for example, Dr. Ray Cantwell (’98) other and to the foundation is the greatest guarantee of our program’s bright future. has hosted a scholar intern annually for the last five years. This year Dr. Breanne Everett (’02) took on a scholar intern at Orpyx Medical Technologies, a business she created that has developed a wearable sensor platform to help patients monitor their own health. Last year seven scholars collaborated on a series of essays entitled “Ideas for a  James Sully (’02), a research associate and PhD candidate at the SLAC National Better Canada”, featured in Canada’s premier public policy magazine Policy Accelerator Laboratory in California, is challenging widely accepted theories on the Options. The magazine is published by the Institute for Research and Public nature of black holes. His work was covered in the New York Times, BBC News and Policy, whose CEO is Loran Scholar Graham Fox (’93). The series addressed the Scientific American. issues such as the democratization of public budgeting, new ways to teach law,  Calee Blanchard (’98) is encouraging women entrepreneurs to share skills and healthy childhood development, regional planning for the modern era, services as co-founder and COO of community platform Vendeve in Nova Scotia. Canada’s innovation culture and sustainability in the voluntary sector.  Lindsay Sowdluapik-Lloyd (’06) is coordinating a new university studies diploma for After graduating, alumni pursue a wide variety of careers. Thirty-five are entre- youth through the Nunavut Arctic College. preneurs and business owners, while 27 are either CEOs of organizations or senior executives of large-scale institutions like PwC, Toronto’s St. Michael’s  Matthew Reid (’05) is the first Loran Scholar to be elected to public office, as a Hospital, Environment Canada and Goldman Sachs. Meanwhile, 44 are com- school trustee in London, Ontario. pleting graduate or professional degrees and 23 are pursuing PhDs in Canada and around the world. Notably, 18 Loran Scholars have been selected as  Lauren Phillips (’99) opened OVERhang Education Centre, an indoor climbing and Rhodes Scholars in the past 22 years and many others have received major health facility in Prince George, BC. grants and fellowships such as the Fulbright, Trudeau and Chevening scholar- ships to pursue their research interests.  Stephen Lake’s (’07) startup Thalmic Labs is now selling the Myo gesture control armband at Best Buy and on Amazon.com. He was recently named EY Young Entrepreneur of the Year.

 Dr. Marie-Renée Lajoie (’04), an emergency physician, is leading a project on urban violence and health through the Harvard Humanitarian Initiative.

 Jérémy Boulanger-Bonnelly (’11) was the sixth Loran Scholar chosen to clerk at the Supreme Court of Canada.

2015 ANNUAL REPORT | 6 exceptional PROFILE: ANNAMARIA ENENAJOR overall promise For Annamaria Enenajor (W. Garfield Weston Loran Scholar ‘02), practising criminal law allows her to combine her thirst for action with the desire to help others in a tangible way. “You’re on your feet all the time, and you can always name a person THE SELECTION PROCESS you’re concretely helping at this very moment, someone you’re fighting for.” A self-described “interdisciplinarian,” Annamaria initially considered pursuing a We believe that a young person’s character is a better indicator of overall potential career in either academia or international development. She majored in International than standard academic measures. As a result, our selection process is Relations and Christianity & Culture at the University of Toronto and founded rigorous, thorough and involves personal interviews with a diverse group of Saeculum, an undergraduate academic journal for students studying Christianity as a Canadian leaders. cultural phenomenon from a variety of perspectives. After graduating in 2006, she went on to earn a Master’s degree in Forced Migration from the Refugee Studies We send our application materials 2014-15 Centre at University of Oxford and worked at the South Asian Human Rights to approximately 4,000 high schools Documentation Centre in New Delhi, India. Annamaria returned to Canada to study law and CEGEPs in Canada, and we Number of applicants 3,825 at McGill, where she served as vice-president of the Black Law Students’ Association encourage each school to select Number of Loran Scholars selected 30 and as a legal researcher at the McGill International Criminal Justice Clinic. She and and nominate the candidates who Est. volunteer hours for selection process 5,576 fellow law student Adela Gotz (’03) were both selected to serve as Supreme Court of best match our selection criteria of Canada clerks in 2012-2013. character, commitment to service in the community and leadership potential. In 2014, 2,219 young Canadians were nominated by their schools and 1,606 of our applicants students applied directly for our scholarships. The Loran Scholars Foundation is sincerely were nominated 58% by their schools In 22 cities across Canada, our 33 regional committed to the ideals of character, service and committees and one national direct pool leadership, and I think that it is an amazing gift to committee interviewed 394 semi-finalists. More than 342 volunteers, drawn from business, education and the wider community, are involved as assessors young people and to our country. or interviewers. In February, the top 76 candidates attended our national selection weekend in Toronto, where our six national committees 3,825 and two national co-chairs selected our 30 newest Loran STUDENTS For two years, Annamaria practised litigation in the New York office of a leading Scholars. We also granted 42 finalist awards ($3,000 ea.) and 36 global law firm, focusing on government enforcement actions and internal investiga- provincial awards ($2,000 ea.), and we recognized students APPLIED tions into allegations of corruption and bribery. She also maintained an active pro with honour citations (55) and semi-finalist certificates (220). IN 2014 bono practice, successfully representing LGBT asylum-seekers and staffing a low-in- come legal clinic for students in the South Bronx. For this work, she earned a 2014 Pro Bono Publico Award by the New York Legal Aid Society. Inspired by last year’s 25th anniversary reunion of Loran Scholars in Toronto, Annamaria recently decided to return to Canada. Today, she practises criminal, con- stitutional and human rights law with the firm of Ruby & Shiller in Toronto. Annamaria gives back to the foundation as an annual donor. “The Loran Scholars Foundation is sincerely committed to the ideals of character, service and leadership, and I think that it is an amazing gift to young people and to our country.”

2015 ANNUAL REPORT | 8 2015 ANNUAL REPORT | 9 CLASS OF 2015 * indicates a scholar with an anonymous donor UNIVERSITY PARTNERSHIP

Somaya Amiri, McCall MacBain Loran Scholar Jocelyn Leblanc, Azrieli Loran Scholar Sir Charles Tupper Secondary School, New Westminster, BC École Aux Quatre Vents, Dalhousie, NB Our 25 university partners demonstrate their trust in our selection process by offering an annual tuition waiver of up to $9,000 for Loran Scholars. They also join us in Joanne Banh, McCall MacBain Loran Scholar Annaliese Loeppky, McCall MacBain Loran Scholar Maple Ridge Secondary School, Maple Ridge, BC Garden Valley Collegiate, Morden, MB stewarding scholars throughout their undergraduate studies by designating a staff member who serves as an advisor on campus. This university partnership is unique Chloe Batista, BMO Loran Scholar Iryna Luchak, de la Bruyère Loran Scholar among scholarship programs in Canada. Lorne Park Secondary School, Mississauga, ON Austin O’Brien High School, Edmonton, AB Aaron Benwic, Young Foundation Loran Scholar Hannah Martin, Joyce/Crawford Loran Scholar Universities with a larger number of Loran Scholars host gatherings for past and Marshall McLuhan Catholic Secondary School, Toronto, ON North Colchester High School, Tatamagouche, NS present scholars, volunteers, mentors and supporters. This year, Queen’s, McGill, Daniel Brown, Young Fund Loran Scholar Nick Milum, Barometer Capital Management Loran Scholar the University of King’s College and the University of Toronto hosted receptions for Kenner Collegiate Vocational Institute, Peterborough, ON Eric Hamber Secondary School, Vancouver, BC the Loran Scholar community. David Bobyn, Cronin Loran Scholar Calder Schweitzer, McCall MacBain Loran Scholar Bishop Carroll High School, Calgary, AB Lindsay Collegiate & Vocational Institute, Fenelon Falls, ON Atlantic Canada Ontario Prairies Dalhousie University McMaster University University of Alberta Memorial University Queen’s University University of Calgary Mount Allison University University of Guelph University of Manitoba Université de Moncton University of Ottawa University of Saskatchewan University of King’s College Ryerson University University of New Brunswick University of Toronto British Columbia University of Waterloo Simon Fraser University Québec Western University University of British Columbia McGill University York University University of Victoria Université Laval Université de Montréal

Galen Boulanger, Loran Scholar* Abeera Shahid, Applebanks Loran Scholar L.V. Rogers Secondary School, Nelson, BC Turner Fenton Secondary School, Brampton, ON Milton Calderon Donefer, Loran Scholar* Frannie Sobcov, Ralph M. Barford Loran Scholar Cobourg Collegiate Institute, Cobourg, ON Nepean High School, Ottawa, ON Jenna D’Aurizio, BMO Capital Markets Loran Scholar Darcy Taylor, Redknee Loran Scholar Abbey Park High School, Oakville, ON Gonzaga Regional High School, St. John’s, NL Nicole Flanagan, BMO Capital Markets Loran Scholar Emerald Unruh, Pearson/Sabia Loran Scholar Our Lady of the Lake Catholic College School, Keswick, ON Westview Secondary School, Pitt Meadows, BC Caitlin Grady, Azrieli Loran Scholar Lauren Wiebe, BMO Capital Markets Loran Scholar Cégep de l’Outaouais, Chelsea, QC Niverville Collegiate, Niverville, MB Patrick Hickey, Ralph M. Barford Loran Scholar Jayden Wlasichuk, Rebanks Loran Scholar Holy Heart of Mary High School, St. John’s, NL Swan Valley Regional Secondary School, Bowsman, MB Anthony Hope, McCall MacBain Loran Scholar Tanner Zekonic, Grandey Loran Scholar Johnston Heights Secondary School, Surrey, BC Mount Royal Collegiate, Saskatoon, SK Erin Knight, Scace Loran Scholar Bonnie Zhang, Tripp/Smith Loran Scholar Gilbert Plains Collegiate, Gilbert Plains, MB R.C. Palmer Secondary School, Richmond, BC Hannah Lank, Temerty Loran Scholar Helen Zhou, Applebanks Loran Scholar Kelvin High School, Winnipeg, MB Central Technical School, Toronto, ON

2015 ANNUAL REPORT | 10 2015 ANNUAL REPORT | 11 mentoring PROFILE: CHRISTINA KLASSEN & HILARY PEARSON

Our growing national network of donors, alumni and volunteers is one of our greatest When asked about her mentor Hilary Pearson, President of the Philanthropic assets. Since 2005, our one-on-one mentorship program has involved 338 mentors, Foundations of Canada, Christina Klassen’s first words are, “The most lovely and 112 of whom are mentoring current Loran Scholars. Mentors commit to sharing their welcoming woman.” experiences and networks with the scholars and also act as role models and advisors. Hilary expresses similar enthusiasm. “When I first met Christina, I was struck by her poise and by her fearlessness in the face of a new experience – living in a new MENTORS FOR THE CLASS OF 2014 city, in a new language and in a demanding academic program. Over the last four years, she has lived up to every bit of that first impression.” Billy Allan, Associate Professor and Diane McGifford, Former politician, Victoria, BC Qualified Flight Test Engineer at The two first met when Christina entered McGill Elspeth Murray, Royal Military College, Kingston, ON Associate Professor & Associate Dean of MBA and Masters Programs, University as a 2011 Belzberg Loran Scholar. Hilary, Greg Bavington, Executive Director, Queen’s University, Kingston, ON whose career has spanned the public, private and Queen’s Innovation Connector, Kingston, ON non-profit sectors, helped Christina make the transi- Frank O’Dea, O.C., Co-Founder of Second Cup, Jonathan Burke, President & COO at Ottawa, ON tion from Kelowna to Montreal, reflect on her goals Blackcomb Aviation, Vancouver, BC and discover new areas of interest. In addition, J. Scott Pagan, President & COO, Hilary helped her identify an enterprise summer op- Anne Butler, Senior Vice President & Descartes Systems Group, Waterloo, ON General Counsel, The Empire Life Insurance portunity in merchandising at the headquarters of Marc Paquin, CEO, UNISFÉRA/Planetair, Company, Kingston, ON Reitmans (Canada) Ltd. Montreal, QC Cathy Christie, Associate Professor of Science While at McGill, Christina launched an ESL tutoring Tara Phillips (‘96), Program Manager, Education, Queen’s University, Kingston, ON Canadian Blood Services, Ottawa, ON program at her church, provided free piano lessons to students in low-income Alexandre Décary, Senior Director, Private neighbourhoods and helped facilitate French-language workshops for people with Leslie Quinton, Communications Consultant Equity, PSP Investments, Montreal, QC Montreal, QC aphasia. She spent her other two summers teaching health education in northern Kim Echlin, Novelist, translator, editor and Kenya and contributing to policy recommendations for the Jordanian Government Lucie Saint-Gelais, Secretary, teacher, Toronto, ON on the Syrian refugee crisis. Christina graduated this year with a joint honours Caisse Desjardins de Ste-Foy, Quebec City, QC degree in linguistics and psychology, and she is currently working on a research Mike Fox, Professor of Geography & Luise Sander, President, Sander Geophysics Environment, Mount Allison University, project for the Philanthropic Foundations of Canada. Ltd., Ottawa, ON Sackville, NB Of her mentor, Christina says: “Hilary has challenged, encouraged and inspired Marcel Schlaf, Professor of Chemistry, Charlotte French, Educational Consultant, University of Guelph, Guelph, ON me. I admire and appreciate her tenacity and kindness, and I’m so thankful that Vancouver, BC we were placed together. I know our relationship will continue to grow.” Judy Servay, Executive Director, Robin des Bois, Ken Gauthier, Community Catalyst, Montreal, QC Hilary describes the mentoring Urban Matters, Kelowna, BC Manu Sharma, Founder and Managing Partner, experience as being “rewarding in Heather Holland (’98), Learning and OAK Computing, Ottawa, ON so many ways, not least because Many of the mentoring relationships continue Development Specialist, Ontario Centre of Christina makes me so optimistic to grow after the scholar has graduated from Excellence for Child and Youth Mental Health, Ian Smith, CEO, Clearwater Seafoods Ltd., Ottawa, ON Halifax, NS about the contribution that she and university. This year, Steven Uster (‘97) and his her generation are already making former mentor Deepak Ramachandran teamed Susan Holt, Chief, Business Relationships, Jayne Stoyles, Executive Director at Canadian Government of New Brunswick, Fredericton, NB Centre for International Justice, Ottawa, ON to Canada.” up to start FundThrough, a marketplace lender for small business loans. The company provides Chris Lumb, CEO, TEC Edmonton, Ann Tierney, Vice Provost, Dean of Student Edmonton, AB Affairs, Queen’s University, Kingston, ON an alternative to traditional lending sources and has already raised $2.2 million in financing. Wilmot L. Matthews, President, Marjad Inc., Dawn Williams, President and Sales Recruiter, Toronto, ON Sirius Personnel, Montreal, QC

2015 ANNUAL REPORT | 12 2015 ANNUAL REPORT | 13 a community of scholars

ORIENTATION EXPEDITION During the weekend, scholars and staff led sessions on meaningful engagement in the community, managing the transition into and out of university, making With 112 scholars studying at 20 different universities throughout Canada, we believe the most of the summer program and mentoring relationship as well as strongly in the value of building a national community of scholars who inspire and managing finances. Canopy Labs founder Wojciech Gryc (‘04) and public motivate each other. To this end, each year we bring scholars together for an orientation health resident David-Martin Milot (‘07) came to share advice with scholars. expedition, national scholars’ retreat, regional events and our national scholars’ forum. We also provide online platforms for our scholars to connect. To deepen self-awareness, members of the Class of 2015 took an EQ test and participated in one-hour sessions with certified EQ coaches at the retreat. The ongoing support of Nancy and Bob Young continues to bring each new class of Loran Scholars together to participate in an Outward Bound outdoor expedition. The week-long trip into Algonquin Park provides incoming 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 as Loran Scholars before they disperse across Canada to begin their first semester of university.

SCHOLARS’ RETREAT Upon completion of the orientation expedition, the incoming scholars joined their upper-year peers at the annual Scholars’ Retreat. This year, 89 scholars plus staff members and alumni gathered for peer-to-peer learning, role modeling, and reflection.

SCHOLARS’ FORUM First- and fourth-year scholars participated in the annual Scholars’ Forum and assisted with national selection interviews in February. The forum consisted of workshops and plenaries led by scholars, alumni, staff and guests. Highlights included a keynote and Q&A on leadership with John McCall MacBain, one-on-one pro bono coaching by the Bigwin Group and The McCuaig Institute, a workshop on ethical volunteering as well as a public policy discussion with Alex Mazer (BMO Loran Scholar ‘97). In addition, BMO staff fa- cilitated workshops on career preparation. Continuing a tradition begun in 2013, the Class of 2011 announced a pledge to fund a provincial award as a graduating class gift.

2015 ANNUAL REPORT | 14 2015 ANNUAL REPORT | 15 summer program PROFILE: EMILY HILTON

Over the course of their undergraduate studies, scholars are expected to gain What inspired Emily Hilton (Future Leaders Fund Loran Scholar ’12) during her public meaningful work experience in the private and public sectors in Canada and abroad. policy summer in Jönköping, Sweden was seeing how households had fully Staff, mentors and alumni support scholars in identifying internship opportunities. This embraced new biowaste management practices. “These initiatives did not exist at all year, 26 scholars found their internships through a staff member, a past or present when I lived in Sweden five years prior, and now everyone is sorting their compost to Loran Scholar or their mentor. Eleven of the internships were made available through produce biogas as fuel. It really showed me that change is possible, and that you just organizational partnerships. have to keep believing in and fighting for the cause.” Scholars are encouraged to connect to our extensive network of donors, alumni and volunteers, and many can access up to $8,500 in order to plan three unique and challenging summer experiences. Thank you for giving me these ENTERPRISE INTERNSHIP amazing opportunities to discover Scholars develop skills in a for-profit environment and learn about leadership in the and follow my passions. business world. For example, Tommy Hana (Loran Scholar ‘13), a science student at Queen’s University, worked for the Global Health Practice team of KPMG UK. He worked on a study for the World Economic Forum on global misalignment in healthcare and conducted a placement with the NHS Leadership Academy. As an intern at the Jönköping County Administrative Board, Emily gathered data on greenhouse gas emissions and prepared a handbook on climate and energy initiatives. When she returned to the University of Calgary in the fall, she started volunteering with the sustainability office. Emily spent the next summer working for a GM BluePlan, an infrastructure- consulting firm in Toronto, where she helped develop a proposal for municipal water distribution system upgrades and worked on various planning projects. The experi- ence motivated her to switch from mechanical to civil engineering. For her personal and community development summer, Emily assisted with the con- struction of a control tower at the Maun International Airport in northern Botswana. PUBLIC POLICY INTERNSHIP While there, she learned basic Setswana, volunteered at a centre for vulnerable Scholars gain experience with the policy-making processes in its partisan and children and tutored her host family’s neighbour in math. One of the surprises for nonpartisan forms, and they are exposed to institutions that influence public policy in Emily was seeing the differences between city and village life. “Some people prefer Canada and abroad. For example, Kirk Wright (Ralph M. Barford Loran Scholar ‘14), a village life because you never have water or electricity shortages. You would always philosophy and economics student at McGill, interned at the International Institute for have firewood and water from the river. My host sister enjoyed going down to the Sustainable Development. He maintained a database of well-being indicators for river to fetch water because it was a meeting place for women in the village.” Winnipeg, MB and conducted a comparative analysis. Having completed the summer program, Emily is now in her fourth year at U of C. To supporters of the Loran Scholars Foundation, she says: “Thank you for giving me PERSONAL AND COMMUNITY DEVELOPMENT these amazing opportunities to discover and follow my passions.” Scholars help initiate, implement or evaluate community initiatives through an intercultural learning experience. For example, Andrea Bennett (BMO Capital Markets Loran Scholar ‘13), an arts student at Dalhousie University, ran an eight-week Frontier College literacy camp for Kingfisher First Nation youth in northern Ontario.

2015 ANNUAL REPORT | 16 2015 ANNUAL REPORT | 17

Laura D’Angelo (‘01) Paul Elsley Gordon Frost Wayne Hambly volunteers Ann Dadson Annamaria Enenajor (’02) Jenna Gall (‘10) Leanne Hammond Michelle Dagnino (‘98) Kristin Erickson (‘01) Brian Gardner (‘93) Marcia Hammonds Our selection process relies on a network of dedicated volunteers who assess and Linda Ann Daly Margaret-Ann Ken Gauthier Bev Hanson interview candidates. We recruit volunteers from a variety of sectors and careers who Patrick David (‘99) Esparza-Lee Claude Généreux Kristen Harcourt are demonstrating in their own lives the very values we look for in our scholars. Our Marc de la Bruyère Chris Evans Peter George Rick Harcourt small staff of eight employees works at the centre of this national network. Alexandre Décary Robin Everall George Georghiades (‘95) Patricia Harris From the directors on our board to the interviewers and assessors to the mentors who Annabelle DeGouveia Breanne Everett (‘02) Natalie Gerum (‘05) Lucia Harrison commit to four years of advising a scholar, it is only through the work of volunteers Lucia DeMaio Carolyn Eyles Julie Gibson (‘95) Nicholas Hatt that we are able to deliver such an effective enrichment program. Last year, more Brenda Denomme Conor Falvey (‘06) Rebecca Gill (‘07) Eric Haywood-Farmer (‘96) than 500 volunteers gave nearly 9,000 hours of their time. We thank the individuals Melanie Derynck- Elizabeth Fedorkow Jennifer Gillivan Bryan Heal 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. Lightstone (‘02) Emma Feltes (’04) Geneviève Girard Cheryl Heinzl

Shirley Abramsky Élie Belley-Pelletier Michel Brutti Cathy Christie Joel Adams Teresa Bennett (‘94) Tim Bryant Maria Churchill Nancy Adams Vali Bennett Michele Buchignani Suzanne Clapp Dorinne Ah-Kam Éric Bercier Dinu Bumbaru Jennifer Clark Lauren Albrecht (‘01) Bridget Beswick- Erika Burger (‘91) Brynn Clarke Diane Allain Escanlar (‘99) Jonathan Burke Lisa Cline Billy Allan Manoj Bhakthan David Burrows Bob Cluett Lucie Allard Esha Bhandari (’01) Helen Burstyn Pauline Coady Eric Allen David Billson Anne Butler Stuart (Kip) Cobbett Teresa Alm Tom Birks Talitha Calder (‘09) Ruth Ann Companion Joe Desloges Walter Fenlon Patrick Giroux David Helliwell Iris Almeida-Côté Bill Black Kelsey Cameron (‘98) Alex Conliffe (‘99) Serge Desmarais Andrea Feunekes Emilie Glockner (’96) Jesse Helmer David Alston Emily Boehm Rosemary Cameron Martin Connell Rita Devlin Marier (‘03) Marta Filipski (‘02) Nicki Glowacki Greg Hemmings Caroline Andrew David Bond Lindsay Cameron George Cooke Adrienne di Paolo Mary Ann Finn Les Gombik Jeff Henry Mark Angelo (‘99) Madeline Boscoe Wilson Terry Cooke Carey Diamond Danica Fisher (’98) Jane Good Meghan Henry James Appleyard Hélène Bouchard Vickie Cammack Aline Cool Kelly Doctor (‘99) Brenda Fitzgerald Brendon Goodmurphy (‘03) Les Herr Stephanie Arbez (‘01) Tye Bousada Ray Cantwell (‘98) Helen Cooper Lauren Doods Jessica Fitzpatrick (‘99) Don Goodrow Hillary Higgins (‘03) Ted Aubut Pat Bovey Derek Carlisle Peter Copestake Alix Dostal Tyler Fleming Philip Gosling Bonnie Hillman Sarah Balint Marg Bowman Peter Case Hennie Corrin Michael Douglas (‘99) Sabrina Fontaine Catherine Graham Hart Hillman Jesse Barke Lindsay Bradbury Judy Casey Daniela Corsetti (‘10) Vaughan Dowie Anne Forrestall Jerry Grandey Julia Hiscock (‘07) Stéphanie Barker Brendan Brammell Amy Cervenan (‘99) Christine Corston Kristy Doyley Simon Foster J. Douglas Grant Terrence Ho Susan Barker Gurpreet Brar (‘00) Louise Chagnon-Bucheit Peter Coughlin Jacques Dubé Graham Fox (‘93) Pierre-Luc Gravel Cheryl Hodder Allison Barrett-George Samuel Breau (‘05) Mark Chamberlain Sophie Courtois Bernard Duceppe Mike Fox Loree Gray Laura Hogan (‘99) Claudia Barrett Sarah-Jo Briand (‘07) Shirley Chan Chris Cowperthwaite (‘99) Peter Dueck Sheryl Fox Shari Graydon Maureen Hogan (’98) Zoë Barrett-Wood (‘06) Alan Broadbent Allison Chandler Jane Craighead Nadine Duguay Charlotte French Tim Griffin Heather Holland (‘98) Sue Bates Ken Broekaert Priscilla Chen Caroline Crawford (‘06) Martin Dumas Carley Friesen (‘03) Wojciech Gryc (’04) Julia Holland Greg Bavington Elizabeth Bronson Eric Choi David Crombie Danya Dziedzic (‘09) David Friesen Charmaine Hack Susan Holt Connor Bays (’08) Karyn Brown Jerome Chomos Patrick Cronin Erin Eacott (‘93) Virginia Froman Fred Hall Nancy Hopkins Hannah Bell Katherine Brown Gisèle Chrétien Ian Cull Kim Echlin Janet Frood Valérie Hallé Jon Hountalas

2015 ANNUAL REPORT | 20 2015 ANNUAL REPORT | 21 VOLUNTEERS continued

Jessica Hughes Marie-Renée Lajoie (‘04) Mike Marsh Harley Mintz Chris Newton-Smith (‘95) Kate Pereira (‘04) Chet Reynolds Natasha Sawh Jim Hughes Catherine Lambert (‘00) Michelle Martin Grant Mitchell Lori Nolt Elizabeth Perez Sidney Ribaux Susan Scace Michelle Hurtubise Scott Landgraff Wilmot Matthews Lois Mitchell Donna Noonan Ann Peters Monique Richard Mark Schaan (‘97) Nazim Hussain (‘01) Otto Lang Mina Mawani Marcia Moffat Wesley Novotny (‘96) Cathy Phillips Norman Riddell Marcel Schlaf Andrea Iaboni (‘94) Renée Lantaigne Alex Mazer (‘97) Mike Moffatt Brandon Nussey John Phillips Mike Ridley Vicki Schmolka Yaacov Iland (‘97) Viviane Lapointe Jennifer Mazerolle John Montalbano Kara O’Brien (‘01) Tara Phillips (‘96) Nada Ristich Rudy Sedlak (‘97) Nicole Israel (‘99) Paul Larocque Gordon McBean Pat Mooney Jennifer O’Connor Craig Pho Janice Ristock Kathy Sendall Gail Jackson Laurie Lashbrook Brian McCain Meghan Moore (‘98) Frank O’Dea Cara Piperni Karen Roberts (‘00) Judy Servay Don Jaffray Doug Lawson John McCall MacBain Mayo Moran Aine O’Flynn Kelly Pitaoulis Gael Robertson-Craig Jason Shannon Ed Jernigan Sue Lawson Jill McCaw Michael Moreau (‘98) Adrienne O’Pray Gerry Pond Peter Robic Manu Sharma Michael Johnston Kevin Layden Braeden Jones (‘10) Karina LeBlanc Maggie Jones (‘05) Stephane LeBlanc Shannon Jorgensen (‘00) Anièle Lecoq Janelle Joseph (’97) Alison Lee (‘09) Anthony Keating Linda Lee Oland Carol Kehoe Andrea Lehman Ruth Kelly Janelle Lemieux Sharon Kennedy (‘05) John Lennox Kevin Keough Christopher Li (‘93) Heather Kerr (’96) Kai Li Rosemarie McClean Caroline Morency Mischa Oak (’99) Megan Porter Laura Robinson Grant Shaw John Keuper Stephen Lieff Velma McColl William Morneau Justin Oake (‘06) Jay Potter (’02) Jesse Robson (‘05) Rob Shea Kosar Khwaja (‘94) Nancy Lockhart Travis McDonough Kim Morris Karen Oldfield Suzanne Pozak (‘95) Meghan Rodrigues Manuela Sheehy Jamie King Sandra Lockyer David McEntyre Jean Morrison Livia Ottisova (’03) Titia Praamsma Ryan Rodrigues Maggie Shepherd Jennifer King (‘98) Chad Lubelsky Diane McGifford Jeanie Morton (‘02) Julia Ouellette Deborah Preston Kate Rogers Karen Sheriff Vera Kiriloff Lesli Lucas-Aseltine Mary McIntosh David Mosher Catherine Ouimet Leslie Quinton Lee Rose Yafang Shi Joey Kish Wayne Ludlow Meagan McLavish (‘09) Chris Moss Terry Owen Victor Rabinovitch Michael Rothwell Smith Mamdouh Shoukri Wendy Klingenberg Roe Chris Lumb Helen McLean Kristen Munro Scott Pagan Jennifer Racine Donna Rubenstein Don Shumka Dave Knowles Gaëtan Lussier Anne McLellan Shawn Murphy Laura Palandra Bob Rae Jeff Sage Michael Simmonds Sara Knowles (‘98) Marie-Claire Christy McLeod Wayne Murphy Marc Paquin Shayan Rahnama (‘01) Lucie Saint Gelais Merilyn Simonds Marlaine Koehler Lussier-Desbiens (‘05) Tracey McVicar Elspeth Murray Kim Parlee Deepak Ramachandran Sharlene Salter Duncan Sinclair Mike Kogon (‘95) Louise MacCallum Adrianne Mead Kyleen Myrah Jennifer Partridge Marie-France Raynault Luise Sander Lucas Skoczkowski (‘92) Amy-Lee Kouwenberg (‘01) Lindsey MacDonald (’02) Axel Meisen Nicolas Nadeau (‘02) Sandra Patterson Brandi Read (‘98) John Sanders Beth Skuy Lauryn Kronick Louise Macdonald Chris Mercer Patrick Nadeau (‘00) Martin Pearce Tamara Rebanks David Sandomierski (‘97) Nathan Slee Meriko Kubota Sandra MacGillivray (‘94) Sylvie Mercier Kendra Naidoo (‘01) Hilary Pearson Wendy Rebanks Kalai Saravanamuttu Gary Smith Beth Kuijpers (‘99) Christopher Mackie Susan Millican Carol Najm Ian Peer Gisèle Régimbal Meredith Saunderson Ian Smith Eva Kwok Rod MacLennan Peter Milliken Ron Neville France Pégeot Guylaine Renaud Judy Savage Michael Smith Anaïs Lacroix (‘07) Vivian MacMurchy David-Martin Milot (‘07) Jenifer Newcombe Yves Pelletier Sylvie Renault Andrée Savoie Paul Smith David Laidley Beth Malcolm Diane Minichiello Gregory Newman Jennifer Pereira (‘01) Grant Reuber Renée Savoie-Power Nancy Solano

2015 ANNUAL REPORT | 22 2015 ANNUAL REPORT | 23 VOLUNTEERS continued PROFILE: JOHN C. RISLEY, O.C.

Kate Somers Kenneth Tolmie June Verhelst Joe Wiley John Risley is the President and CEO of Clearwater Fine Foods Melissa Sonberg Stephen Toope Roman Viveros-Aguilera Dawn Williams Inc., a diversified holding company operating internationally. Steve Sousa Martha Tory David Vlemmix (‘05) Lucinda Williams He is a leading donor for Dalhousie University, chairman of Guthrie Stewart Warren Tranquada (‘92) Paul Vogt Michael H. Wilson both the Atlantic Institute for Market Studies and Katherine Stewart Beatrice Traub-Werner Christine Wadsworth (‘06) Rose Wilson Futurpreneur Canada as well as director of the Canadian Jayne Stoyles Eric Tripp Peta Wales Elizabeth Witmer Council of Chief Executives. John is a graduate of Harvard Judy Stymest Linda Tunney Susan Walsh Lisa Wolverton University’s President’s Program and Leadership and was named an Officer Ian Sunderland Gina Uppal Kevin Wamsley Peter Wong of the Order of Canada in 1998. Michele Symons Michael Urlocker Gary Warner Cornell Wright Believing that forward-thinking, entrepreneurial young leaders are essential Deborah Taylor Steven Uster (‘97) Karen Warner Elizabeth Yeo to the future of Atlantic Canada, John is funding a 2013 Clearwater Loran Award for Hannah Gillis from Guysborough, NS. Hannah is in her third year in biomedical science at the University of Ottawa. “We need more leaders who refuse to let a fear of failure hold them back,” says John. “Everyone benefits when we give young people the support, advice and opportunities to take meaningful risks while they pursue their undergraduate studies.” An advocate of mentorship, he is proud to note that CEO of Clearwater Seafoods, Ian Smith, is mentoring 2014 Young Fund Loran Scholar Faelan Prentice.

PROFILE: JONATHAN BURKE Peter Taylor Barbara Uteck Trina Warren Nick Yeo Janet Teasdale Shelley Uytterhagen Jaime Watt Bev Young Introduced to the foundation two years ago, Jonathan Burke Leah Temerty Lord Martin Valasek Beth Webster Bill Young began to volunteer as a regional interviewer. Today, he chairs Ken Teslia Jennifer Van Dusen Joy Weismiller Nancy Young a Vancouver selection committee and mentors 2014 Loran Kent Thexton Ryan Van Wert (‘98) Cody Welton Amber Zirnhelt (’00) Scholar Allison Pritchard, a student at UBC. He also donates Joel Thibert (‘00) Vanessa Vasilakeris Lee Wetherall Pierre Zundel at the Executive Director’s Circle level and helped organize a Mandy Thiessen Christine Vaughan Anne Whelan Jo Mark Zurel reception for West Coast supporters. David Thompson Angela Vavitsas Bobbi Jean White David Zussman Jonathan, who in 1988 gave up admission to McGill University in order to Laura Thomson (‘04) Manon Vennat Laura White (‘00) become a commercial helicopter pilot, spent a decade working in British Columbia, the Yukon and Mexico for aviation companies. He then went on to a variety of management roles in biotechnology and clean technology. He earned an MBA from Athabasca University and pursued further studies at the University of Pennsylvania and Stanford University. Jonathan joined Blackcomb Aviation, an independent helicopter charter company, as President and COO in 2013 and is now a director of the BC Aviation Council. For Jonathan, it is deeply rewarding to support the discovery and development of young Canadians. “The Loran candidates I have met show tremendous promise, not just for themselves, but also for our society,” says Jonathan. “It is a privilege to help select Loran Scholars and see them grow as leaders of character.”

2015 ANNUAL REPORT | 24 2015 ANNUAL REPORT | 25 INDIVIDUAL ANNUAL GIVING (from 1 May 2014 to 30 April 2015) Chair’s Circle - $2,500-$4,999

Jalynn Bennett (1943-2015) John Montalbano We thank the individuals listed below for their financial contributions Michel Brutti L.O. Pollard A in support of our mission. denotes a donor who also gave travel miles Jonathan Burke & Susan Yurkovich Mark Schaan (‘97) M to mitigate the costs of national selections. indicates a monthly donor. Catherine FowlerA Lyle Schwartz (‘96) Franca Gucciardi (‘90) Jason Shannon Visionaries’ Circle - $500,000+ Richard W. Ivey Steven Uster (’97) Anonymous Nancy & Bob Young Gordon Lackenbauer & Jesse Trapp The Hon. Michael H. Wilson Louise MacCallum Cornell Wright & Sarah McEvoy Founders’ Circle - $80,000+ Tracey McVicar

A James Appleyard & Tamara Rebanks Hilary Pearson & Michael Sabia Executive Director’s Circle - $1,000-$2,499 Patrick & Ramona Cronin Wendy & Leslie Rebanks Gerald Grandey Shannon Family Dominic Allain (‘95) William & Janet L’Heureux Hasham Family Eric Tripp & Maria Smith Patricia Arroyo (‘92) Marie-Renée Lajoie (‘04) Gail Asper & Michael Paterson Nick Logan Founders’ Circle - $25,000-$79,999 Jeff Baryshnik (‘98) Emma Lyndon (‘98) Corey Centen (‘03) John & Sidney Madden William C. Graham Richard Rooney Nathan Clute (‘98) Rosemarie McClean Douglas & Ruth Grant Bill & Meredith Saunderson George Cooke Christy McLeod John & Cathy Phillips Rose Wilson Chris Cowperthwaite (‘99)M Sarah Michael (‘93) Jill Daley (‘98) Klara Michal (‘97) Founders’ Circle - $10,000-$24,999 Bryan P. Davies & Andra Takacs Wesley Novotny (‘96) Ken Broekaert Craig Pho & Mireille Moors Patrick Duncan (‘06) Jennifer Pereira (‘01) Louise Chagnon-Bucheit Gerry Pond Erin Eacott (‘93) Richard Phillips C.J. Gavsie Heinz & Margaret Rieger Annamaria Enenajor (‘02) Brandi Read (‘98) Jon Hountalas Lucas Skoczkowski (‘92)A Mary Ann Finn Loraine Ronchi (‘93) Donald K. Johnson Don ShumkaA Peter George Nadia Salvaterra (‘00) Roderick & Robin MacLennanA Fred R. Wright Marianne Hawkins (‘93) Lionel & Carol Schipper Beth Malcolm A.B. Young Hillary Higgins (’03) Tara & Rudy Sedlak (‘97) The Hon. Bill Morneau Kosar Khwaja (‘94) Mamdouh Shoukri Michael Kogon (‘95) Guthrie Stewart Chair’s Circle - $5,000-$9,999 Meriko Kubota Warren Tranquada (‘92)

Anonymous Daniel Hertz (‘08) Executive Director’s Circle - $500-$999 Peter Brieger & Beverly Hamblin Bill & Betty Morris Sylvia Chrominska Michele & Ryerson Symons Teresa Alm Pierre Boudreault M Brian Gardner (‘93) & Monica Tran Kenneth & Patricia Tolmie Marc Angelo (‘99) Gurpreet Brar (‘00) Todd Hargarten Richard Wernham Teresa Bennett (‘94) Kelsey Cameron (‘98) Gerald & Geraldine Heffernan Marjorie Blankstein Ray Cantwell (‘98)

2015 ANNUAL REPORT | 26 2015 ANNUAL REPORT | 27 Executive Director’s Circle - $500-$999 (cont’d.) Scholars’ Circle - up to $249

Jerome Chomos Meghan Moore (‘98) Anonymous Sunny Cheung (‘06) Ann Falvey Jonathan Stephen Cosman (‘03) Adrian Mucalov (‘97) Lauren Albrecht (‘01) Anne Cheverie (‘04) Conor Falvey (‘06)M Hoddenbagh (‘02) David Crawford & Julia Holland Chris Newton-Smith (‘95) Mike Allan (‘13) Jeeshan Akinrinola James Hoffman (‘09) Melanie Derynck Lightstone (‘02) John Pegg (‘06) Stephanie Arbez (‘01) Chowdhury (‘00) Famuyide (‘06) Laura Hogan (‘99)M Jacques Dubé Ann Peters Aaron Bailey (‘11)M Emma Clark (‘14) Myriam Faucher (‘13) Hannah Holden (‘09) M Kim Echlin Joanne Pooley Erica Baker (‘09) Jennifer Clark Adam Fearnall (‘08)M Heather Holland (‘98)M Graham Fox (‘93)M Jay Potter (‘02) Jesse Barke Jonah Clifford (‘10) Emma Feltes (‘04) Constance Emilie Glockner (‘96) Richard Powers Zoë Barrett-Wood (‘06) Dylan Collins (‘10) Maya Fernandez (‘08) Holman (‘09) Adina & Jesse HelmerM Shayan Rahnama (‘01) Connor Bays (‘08)M Alexandra Woganee Filate (‘96) Beth Hong (‘06) Conliffe (‘99)M Yaacov Iland (‘97)M Grant L. Reuber, O.C. Éric Beaudoin (‘05)M Marta Filipski (‘02) Anthony Hope (‘15) Quinn Conlon (‘13) Kunaal Jindal (‘01) Reynold Robertson Cynthia Beaudry (‘07) Danica Fisher (‘98) Michelle Hurtubise Daniela Corsetti (‘10) Heather Kerr (‘96) David Sandomierski (‘97)M David Bell Sonja Forstner Nazim Hussain (‘01) Sophie Côté (‘09) Michael Laine Arthur & Susie Scace in honour of Rebecca Best (‘98) Catherine Gagné (‘08) Mathieu Isabel (‘06) Michael Currie (‘05) Alison Lee (‘09)M Purdy Crawford Bridget Beswick- Jenna Gall (‘10) Faizal Ismail (’03) M Laura D’Angelo (‘01) Barry Leipsic (‘02) Martha Tory Escanlar (‘99) Natalie Gerum (‘05) Devon Jackson (‘11) Esha Bhandari (‘01) David D’Arienzo (‘11) M Gaëtan Lussier Ryan Van Wert (‘98) Julie Gibson (’95) Melinda Jacobs (‘08) Rick Bhullar (‘00) Michelle Dagnino (‘98) Sandra (‘94) & Rodney MacGillivray Peter Wong Rebecca Gill (‘07) Francine James (‘94) Calee Blanchard (‘98)M Sean Davidson (‘14) Mark Godfrey (‘06) Ryan Jamula (‘14) Emily BoehmM Rebecca Davis (‘00) Scholars’ Circle - $250-$499 Jane Good Aneil Jaswal (‘07) Polina Bogdanova (‘10) Max Deschner (‘09) Brendon Nazampal Jaswal (‘10) Anton Andryeyev (‘01) Wojciech Gryc (‘04) Jenna Newman (‘95) Ana Boskovic (‘11) Rita Devlin Marier (‘03) Goodmurphy (‘03) Soniya Jobanputra (‘97) Amy Andrews Afzal Habib (‘06) Tara Phillips (‘96) Jérémy Boulanger- Sheiry Dhillon (‘08) Adela Gotz (‘03) Braeden Jones (‘10) Alexander (‘96)M Eric Haywood-Farmer (‘96)M Suzanne Pozak (‘95) Bonnelly (‘11)M Tushar Dhoot (‘11) Sarah Greene (‘14) Charlotte & Kent Jones David Bailey Jonathan Holmes (‘07)M Christopher Proctor (‘06) Samuel Breau (‘05) James DiPaolo (‘08) Samuel Gregory (‘11) Maggie Jones (‘05) Michael Beaton (‘96) Marc Kielburger (‘95) Evan Short (‘93) & Kyla Brophy (‘06) Kiet Do (‘02) Varnit Grewal (‘13) Shannon Richard Boxer Jennifer King (‘98) Catriana McKie Stephen Brophy (‘10) Kelly Doctor (‘99) Claire Gummo (‘13) Jorgensen (‘00) Brant Carson (‘99) Hyla Lapointe (‘08) Graham Smith (‘05) Madeleine Brown (‘11) Karen Donoghue (‘94) M M Peter Guo (‘09) Janelle Joseph (‘97) Danielle Chahine-Iny (‘98) Paul LarocqueM Heather Spratt Erika Burger (‘91)M Rebecca Doole (‘02) M Callen Hageman (‘14) Jean-Philippe Shirley Chan Charles Larson (‘03) Katherine Stewart Sarah Burns (‘11) Michael Douglas (‘99) M Ali Hamandi (‘06) Julien (‘01) Alison Chick (‘01) Lindsey Lenters (‘05) Bernard & Merle Stotland François Cadieux (‘05) Francis Dubé (‘01) M Tommy Hana (‘13) Sean Junor Greig & Carolyn Clark Grace Li (‘06) Linda Sun (‘07) Talitha Calder (‘09) Alain Dupuis (‘06) M M Kate Pereira (‘04) Caroline Crawford (‘06) Christopher Li (‘93) Amy Tan (‘96) Benjamin Carr (‘11) Kaitlin Dupuis (‘02) Emma Hapke (‘03) Haley Kawaja (‘10) Adrienne Di Paolo Sophia Lu (‘07) Wesley Taylor (‘09) Brianna Caryll Lauréanne Dussault- Alexander Jim Downey Lindsey MacDonald (‘02)M Chantal Tie Valihora (‘91) Desrochers (‘14) Harmsen (‘10) Sharon Kennedy (‘05) Michael Emes Matto Mildenberger (‘03) Joshua Vanwyck (‘04) Brianne Danya Dziedzic (‘09) Adam Hasham (‘10) Shannon King (‘11) Virginia Froman Patrick Nadeau (‘00)M Laura White (‘00) Castonguay (‘03) Fiona Emdin (‘11) Sara Hassani (‘07) Dorion Kingsmill Julie Gibson (‘95) Marian Nemec (‘91) Chuk Wong Joanne Cave (‘09) Sarah Ens (‘10) Tyler Heal (‘09) Sara Knowles (‘98) Karl Chastko (‘12) Breanne Everett (‘02) Meghan Henry Jennifer Koide (‘10) Robert Chatelain (‘01) Lynden Evers (‘12) Scott Henry (‘13) Priya Koilpillai (‘10) Cherie Chen (‘11)M Carson Falk (‘10) Emily Hilton (‘12) Soheil Koushon (‘13)

2015 ANNUAL REPORT | 28 2015 ANNUAL REPORT | 29 Scholars’ Circle - up to $249 (cont.’d) PROFILE: ERIC TRIPP & MARIA SMITH Amy-Lee Alexandria Mitchell (‘10) Vanessa Redditt (‘03) Eloise Tan (‘00) Kouwenberg (‘01) Calvin Mitchell (‘10) Matthew Reid (‘05)M Julianna Tan (‘11) Long-time supporters of education, Eric Tripp and Maria Smith are excited about M Hans Krause Victoria More (‘07) Cameron François Tanguay- the future of the Loran Scholars Foundation. The Toronto couple is underwriting a M Lucas Kruitwagen (‘07)M Miranda Morgan (‘99) Revington (‘11) Renaud (‘98) 2015 Tripp/Smith Loran Award for Bonnie Zhang from Richmond, BC, who is Beth Kuijpers (‘99) Leora Morris (‘02) Armin Rezaiean Kai Cheng Thom (‘09) starting her studies in commerce at Queen’s University. Andrew Kushnir (‘98) -Asel (‘11) Jeanie Morton (‘02) Jamie Thomas- In 2014, Eric retired after 31 years with BMO Financial Group, where he served M Karen Roberts (‘00) Pavanel (‘05) Michaela Nicolas Nadeau (‘02) most recently as President of BMO Capital Markets. He spearheaded the Equity Kuuskman (‘07) Haley Robinson (‘08) Kabir Nadkarni (‘14) David & Jennifer Through Education charitable initiative, which aims to create a more diverse Jesse Robson (‘05) Thompson Miranda LaBrash (‘14) Kendra Naidoo (‘01) workplace by helping people realize their educational ambitions. Since it was Stephen Lake (‘07) Jane Rowland Laura Thomson (‘04) Ron Novotny launched in 2005, Equity Through Education has funded 29 BMO Capital Markets Catherine Lambert (‘00) Zia Saleh (‘10) Hoi-An Tran (‘08) Kara O’Brien (‘01) Loran Scholars. Courtney Natasha Sawh Geneviève Daniela Lancaster (‘04)M Tremblay (‘97) O’Callaghan (‘01) Leah Secord (‘10) Pinky Langat (‘08) Christina Turcotte (‘99) Kevin O’Rielly Roberta Seed I have been consistently impressed by the remarkable Sammy Lau (‘10) Melissa Seth (‘04) Morgan Vanek (‘03) Kaitlyn Danyka Leclair (‘14) O’Shaughnessy (‘08) Kevin Shahbazi (‘07) Meera Varghese (‘02) young people who are chosen as BMO Capital Markets John Lennox Shane & Patricia Gaurav Sharma (‘10) Evan Vassallo (‘12)M Loran Scholars. They are accomplished, intellectually Brianne Lewis (‘04) O’Shaughnessy Marc-André Alexander Verge (‘11) curious and committed to improving the lives of those Janet Lewis Justin Oake (‘06) Simard (‘09) David Vlemmix (‘05)M Lindsey Li (‘10) Livia Ottisova (‘03) Elliot Sims (‘04) Christine around them. Mimi Liu (‘10) Mark Ouseley (‘06) Michael Singh (‘07) Wadsworth (‘06) Julia LoM Divya Pahwa (‘09) Sivakami Joshua Wales (‘04) Mylvaganam (‘11)M Sarah Lone (‘10) Jonathan Paradis (‘08) Gary Warner Maria is a communications consultant and founded Multitask Corporate Mariana Mandeep Mahal (‘04) Natalie Parks (‘03) Alexander Way (‘04) Communications. Both Eric and Maria are graduates of Queen’s University. Eric Sklepowich (‘01)M also holds an MBA from Western University’s Ivey School of Business, and Maria Birinder Mangat (‘03) Madeleine Diana Wong (‘08) Rachel Small has a journalism degree from Ryerson. Nyranne Martin (‘97) Pawlowski (‘11) Sylvia Wu (‘07)M Feodor Snagovsky (‘09) Katie Mattina (‘09) Konnie Peet Stephen Xu (‘14) Says Eric: “I have been consistently impressed by the remarkable young people Kimia Sorouri (‘11) Maria Maute (‘06) Neil Peet (‘04) Elizabeth Yeo who are chosen as BMO Capital Markets Loran Scholars. They are accomplished, Carley Sotas (‘12) Alex Mazer (‘97)M Aimee Pelletier (‘00)M Stephen Young (‘03) intellectually curious and committed to improving the lives of those around Robert Sparrow (‘07)M Sadie McInnes (‘13) Lauren Phillips (‘99) Zachary Young (‘10) them. We are delighted to support Bonnie and hope that our gift will inspire Alexane St-Amant others to give as well.” Turner McKay (‘12) Debjani Poddar (‘05) Ringuette (‘10) Stacey Yue (‘07) Meagan McLavish (‘09) Shawn Potter (‘06) Emilie Stevens (‘02) Hina Zaman (‘98) Eric and Maria are both active contributors to the community. Eric is Past Chair of Marin McLeod (‘09) Gail Prasad (‘98) Siobhan Stewart (‘08) Anja Zeljkovic (07) the Board of Directors at the Toronto East General Hospital, and he serves on the Major Individual Giving Cabinet of United Way Toronto & York Region. The Robert McMurtry Faelan Prentice (‘14) Raine Storey (‘13) Jennifer Yin Ying couple is also helping to fund the construction of a new YMCA Centre in Sarah McNeill Allison Pritchard (‘14) Elizabeth Sully (‘04) Zhang (‘05) M eastern Toronto. Heather Millar (‘00) Christine Pu (‘14) James Sully (‘02)M Jiawen Zhou (‘11) Sarah Millman (‘14) Wasi Rahman Kailea Switzer (‘05) Amber Zirnhelt (‘00) David-Martin Milot (‘07) Damon Ramsey (‘04) Tanya Taggart- Hayes Zirnhelt (‘05) Elise Min (‘04) Nicole Raymer (‘12) Hodge (‘09) Justine Zwicker (‘09)

2015 ANNUAL REPORT | 30 2015 ANNUAL REPORT | 31 CORPORATE AND FOUNDATION ANNUAL GIVING (from 1 May 2014 to 30 April 2015) Associate Supporters - $80,000+ (cont’d.)

Anonymous Barometer Capital Management Inc. Since our earliest days, the Loran Scholars Foundation has benefited from the Future Leaders Fund Loran Alumni Association support of Canadian companies and foundations that are aligned with our mission The McLean Foundation The Michael Young Family Foundation of investing in young people who demonstrate character, service and leadership potential. Primary Benefactors - $25,000+

Principal Supporter - $1,000,000+ Avana Capital Corporation John and Judy Bragg Family Foundation Friends of Canadian Education Great-West Life, London Life and Canada Life

Major Benefactors - $10,000+ Primary Supporter - $500,000+ Anonymous

The Ralph M. Barford Burgundy Asset Management Ltd. Friesens Corporation Foundation The Midloch Foundation The Murray Frum Foundation The Sullivan Family Foundation WestJet Airlines in honour of Arthur Scace Major Supporter - $250,000+ Whitecastle Investments Ltd.

Benefactors - $5,000+

ArcelorMittal Dofasco Inc. Brettler Mintz Foundation The Henry White Kinnear Foundation The Temerty Family Foundation Deloitte Foundation Canada Dr. Ian Sunderland Medical Prof. Corp. (‘98) E.W. Bickle Foundation Houssian Family Foundation Associate Supporters - $80,000+ Shorcan Brokers Limited The Winnipeg Foundation

Major Donors - up to $4,999

AGF Management Ltd. The David H. Laidley Foundation Dr. Gupta Medicine Professional Corp. (‘95) Edge Imaging Goldman Sachs Foundation Loran Scholars Association La Bruyère Fund The Young Fund National Leasing Raymond James Canada Foundation R.H. McRae Charitable Foundation The Taligent Group TELUS

[The Printing House & FSC logos] Thank you to The Printing House for contributing to the printing of this annual report. Official Air Travel Sponsor

2015 ANNUAL REPORT | 32 2015 ANNUAL REPORT | 33 ENDOWMENT GIVING (cumulative to 30 April 2015) financials

The Loran Scholars Foundation established an endowment fund in 2008 to provide a dependable, increasing source of income to support the foundation’s mission of Over the past decade, the Loran Scholars Foundation has steadily increased its investing in young Canadians. The fund is managed by Burgundy Asset Management asset base from $1.3 million to $10.9 million. This asset base provides us with and overseen by a volunteer committee struck by our board of directors. the necessary reserve to continue to select 30 Loran Scholars every year, knowing that we have sufficient funds to pay out all anticipated stipends to Cornerstone Supporters - $500,000+ in-stream scholars. This increase also reflects the establishment of a modest endowment fund ($6.26 million), providing our donors with a means to make a Estate of Ora Adeline Abraham Walter & Marilyn Booth long-term gift in support of promising young Canadians. One of our long-term Lucas Skoczkowski (’92) goals is to fund a proportion of our annual expenditures from income earned on invested capital. Cornerstone Benefactors - $100,000+ We encourage you to review our audited financial statements, which are available at www.loranscholar.ca. Below is summarized financial information for Bob Cluett John Lindsay Morehead Fund the year ended April 30, 2015. RBC Dominion Securities ASSETS 2015 2014 $ $ Cornerstone Donors - $10,000+ Current assets 3,334,566 3,637,724 Quynh-Thuyen Tan (’92) Hilary Pearson & Michael Sabia Long-term assets 7,552,581 6,011,863 Wayne and Isabel Fox Family Foundation Lexington Park Real Estate Capital Inc. (‘95) Other Michele & Ryerson Symons 10,887,147 9,649,587

LIABILITIES AND NET ASSETS

Current liabilities 1,807,965 1,352,756 Long-term liabilities 1,292,701 1,401,596 3,100,666 2,754,352

NET ASSETS

Endowment Fund 6,259,880 4,610,267 Unrestricted 1,526,601 2,284,968 7,786,481 6,895,235 10,887,147 9,649,587

2015 ANNUAL REPORT | 34 2015 ANNUAL REPORT | 35 REVENUE (Loran Scholars) 2015 2014 EXPENDITURES (Loran Scholars) $ $ without tuition Contributions $2,292,275 $2,361,621 Mentorship & Stewardship (4%) Investment income 447,836 398,237 Gatherings (8%) Other income - - Total Revenue 2,740,111 2,759,858

DISBURSEMENTS Stipend Grants (54%) Selections (11%) Stipend grants 1,158,500 1,140,500 Enrichment program Summer 232,613 248,703 Mentorship and stewardship 80,938 55,715 General & Gatherings (retreat, conferences etc.) 166,536 127,954 Administration (12%) Selections 233,550 180,232 Subtotal 1,872,137 1,753,105 General and Administration 268,281 190,944 Summer Program (11%) Total Expenses 2,140,418 1,944,048 Excess of revenue over expenses 599,693 815,810

Note: Our partner universities offer a matching tuition waiver for Loran Scholars. Total cost of $746,656 is based on data submitted by scholars. with tuition - see note, previous page INCOME (Loran Scholars) Mentorship & Stewardship (3%) Gatherings (6%) with tuition - see note, above Corporations (19%)

Stipend Grants (40%) Selections (8%) Individuals (18%)

Interest & Other General & Income (14%) Administration (9%)

Summer Program (8%)

Universities (Tuition) (21%) Tuition (26%) Foundations (28%)

2015 ANNUAL REPORT | 36 2015 ANNUAL REPORT | 37 BOARD OF DIRECTORS & OFFICERS HONORARY COUNCIL

Patrick Cronin (Chair) Ferio Pugliese James Appleyard David Friesen Chief Operating Officer, President, WestJet Encore Founder & President, Freycinet Investments Chair, Friesens Corporation BMO Capital Markets Tamara Rebanks Alan Broadbent, C.M. J. Douglas Grant Nancy Young (Vice-Chair) Vice-President, Community Affairs, Chairman & CEO, Avana Capital Corporation Founder, Sceptre Investment Counsel CEO & Owner, Elizabeth Bradley Designs George Weston Ltd. Robert Cluett Rod MacLennan, C.M. Mary Ann Finn (Treasurer) Jason Shannon Founder, Loran Scholars Foundation Owner, Tribune Holdings Ltd. Retired Partner, Deloitte LLP President & COO, Shannex Inc. Purdy Crawford (1931-2014) John H. Phillips Susan Scace (Past Chair) Mamdouh Shoukri, C.M., O.Ont. Counsel, Osler, Hoskin & Harcourt LLP CEO, Klister Credit Corp. President, The Henry White Kinnear President & Vice Chancellor, Foundation York University David Crombie, P.C., O.C. Wendy Rebanks Former Mayor of Toronto and Member of Director, The W. Garfield Weston Foundation Ken Broekaert Don Shumka Parliament Senior Vice President, Managing Director, Grant L. Reuber, O.C. Burgundy Asset Management Walden Management Kim Echlin Former Chairman, Canada Deposit Insurance Author Corporation Peter George, C.M. Michele Symons Past President, McMaster University Steven Uster Bonnie Hillman Loran Scholar ‘97 COMMITTEES President, Arts & Communications (A&C) Co-Founder & CEO, FundThrough Executive Committee Audit Committee Jon Hountalas Cornell C.V. Wright Executive Vice-President, Partner, Torys LLP Patrick Cronin (Chair) Jon Hountalas (Chair) Business and Corporate Banking, CIBC Vali Bennett Ken Broekaert Franca Gucciardi (CEO) Nancy Lockhart Loran Scholar ‘90 Mary Ann Finn Rosemarie McClean Corporate Director Franca Gucciardi Martha Tory Vali Bennett (Secretary) Beth Malcolm Director of Administration, Tamara Rebanks Investment Committee Chair, Ralph M. Barford Foundation Avana Capital Corporation Susan Scace Jason Shannon (Chair) Nancy Young James Appleyard Board members who completed their terms in 2015: Beth Malcolm The Hon. Bill Morneau, P.C. Steven Uster The Hon. Michael H. Wilson, P.C., C.C. Chris Cowperthwaite, Jostens Loran Scholar ‘99 STAFF

The foundation’s CEO, Franca Gucciardi, (416.646.2120 x222, [email protected]), is a member of the class of 1990. She has been leading the foundation since 2004. The staff team consists of eight individuals based in Toronto, including three alumni.

2015 ANNUAL REPORT | 38 2015 ANNUAL REPORT | 39 Loran Scholars Foundation 460 Richmond Street West Suite 502 Toronto, ON M5V 1Y1 416.646.2120 | www.loranscholar.ca

Charitable registration number: 855-132643-RR0001 We invite you to donate online at www.loranscholar.ca/donate