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Manulife Financial Ms The Impact of Your Giving to The University of Waterloo Presented with gratitude to June 2014 Manulife Financial Ms. Marianne Harrison President and CEO Manulife Financial 500 King Street N., P.O. Box 1602 Waterloo, ON N2J 4C6 Dear Ms. Harrison: This report highlights the enormous impact Manulife Financial’s generosity has had on the university community in Waterloo, and on the local, national and international communities indirectly linked to us through our students, staff and faculty. In a world of ever-shrinking government budgets, your generosity has allowed us to award dozens of scholarships and bursaries, alleviating financial worries for many of our best and brightest students. You’ve also helped many students pursue co-op work terms in the vibrant not-for-profit and charity sectors, where they’ve learned lifelong lessons about the value of community service. And your extraordinary $1M gift to the Manulife Wellness Centre has brought renewed health and vitality to several specialized populations, including cancer and cardiac rehab patients and clinically overweight teens. We know that Manulife’s number-one priority is helping people with the “big” financial decisions, so they can thrive during uncertain times and better plan for the future. This is exactly what you have done for University of Waterloo students, and we are proud and honoured to count you as one of our most valued corporate partners. Please accept my sincere thanks, on behalf of the entire university community, for all you do to support us, our students, and the future prosperity of Waterloo region and beyond. Warmest regards, UNIVERSITY OF WATERLOO FErIDUN HAMDUllAHPUr President and Vice-Chancellor June 2014 2 CONTENTS 4 Introduction: A rich History of Giving 5 Financial Overview 6 Bringing Applied research to life: Manulife Wellness Centre 7 Fostering Excellence in Actuarial Science 9 Empowering Students to Create Positive Social Change 11 Encouraging Gifted Women to Pursue Higher Mathematics 12 Matching Gift Program, 1983-1992 AppendIces 13 Appendix A: Manulife Financial Corporate Giving, 1982 – 2014 14 Appendix B: Manulife Financial Matching Gifts 16 Appendix c: Manulife Financial Corporate Sponsorship 17 Appendix d: Manulife Financial National Scholarships of Excellence in Actuarial Science 18 Appendix e: Manulife Financial Upper Year Actuarial Scholarships 19 Appendix d: Manulife Financial Community and World Service Award The impact of your giving | 5 A rich History of Giving Manulife Financial and the University of Waterloo Manulife’s student-support gifts include: have a long history of working together to make $100,000: 1993 – Manulife Financial Community the world a better place. World Service Endowment Beginning in 1982 with a generous gift to the $243,000: 1999-2010 – Manulife Financial National University’s growing school of computer science, Scholarships in Actuarial Science Manulife’s commitment to UWaterloo spans an impressive 32 years. During this time, Manulife’s $182,000: 2004-Present – Manulife Financial Upper significant and transformative gifts have included: Year Actuarial Scholarships $35,000: 1982 – David Cheriton School of Computer Science Our champions $30,000: 1988 – Waterloo research Institute in These are but highlights of Manulife’s extensive Insurance, Securities and Quantitative support of the University’s work, but they reveal the Finance profound commitment to excellence and community $58,223.66: 1999 – Actuarial Education Fund service for which Manulife is so well known by its clients, staff and community partners. $1,000,000: 2003 – Manulife Wellness Centre In 1957 the University of Waterloo was founded on a vision of collaboration between industry and student support academic partners; one that would yield the deep pool of highly skilled graduates needed to propel the Manulife has also recognized the ongoing need for a post-war economy forward. pool of highly skilled mathematics and actuarial graduates, and how this need has been affected by That we have succeeded in this mandate for almost the financial challenges faced by today’s young 60 years is due in no small part to the generosity of students. industry partners like Manulife – visionary leaders who recognize the value of supporting the case for To that end, Manulife has generously funded many academic excellence, and of investing in the young scholarships, including two significant programs people who are our future. aimed at attracting and training the world’s finest actuarial talent. In the following pages we celebrate some of the stories directly attributable to Manulife’s extraordi- Honouring its own commitment to charity and nary 32-year history of supporting the work of UNIVERSITY OF WATERLOO service work, Manulife also established an UWaterloo. endowment designed to support students pursuing co-op work terms in the not-for-profit sector. This Thank you, to each and every one of you, for making gift, endowed for life, ensures charitably minded our work possible. students will have funds to pay tuition, even if they’ve sacrificed earnings by taking low- or no-pay work terms. 4 32 Years of Generosity Manulife’s generosity in supporting the University of Waterloo spans 32 years, and to date encompasses just over $1.8 million dollars. These gifts, funding a variety of projects, have been instrumental in allowing us to continue delivering the highest quality education to the world’s best and Manulife Financial: Areas of support brightest students. 11.98% 5.97% 1.44% 2.66% 54.51% 32years 23.44% Cumulative Giving from 1982 till 2014 is $1,843,765.83 This is an average of $57,617.70 per year largest gift was a pledge in 2003 for $1 million in Advertising and Sponsorship / $110,000.00 / 5.97 % support of the Manulife - UWaterloo Wellness Center Areas of Highest Need / $26,543.57 / 1.44 % 10 gifts in support of Advertising and Sponsorship totaling $110,000 Capital Projects / $1,005,040.00 / 54.51 % 12 gifts in support of Areas of Highest Needs Faculty Support / $49,057.60 / 2.66 % totaling $26,543.57 Programs / $220,912.66 / 11.98 % 4 gifts in support of Capital Projects totaling $1,005,040 Student Financial Aid / $432,212.00 / 23.44 % 22 gifts in support of Faculty Support totaling $49,057.60 22 gifts in support of Programs totaling $220,912.66 14 gifts in support of Student Financial Aid totaling $432,212 The impact of your giving | 5 IMpAcT OF YOUR GIVInG: cApITAL pROJecTs Bringing Applied research to life – and Helping Cancer Patients recover strength, Health and dignity The Manulife Wellness Centre houses innovative exercise programs for cancer patients, obese teens and firefighters-in-training. A landmark $1M gift from Manulife Financial established the Centre, providing the means for the University to bring exciting healthcare research out of the lab and into the community. A cancer diagnosis is life-altering, and, for most Manulife’s generosity in supporting this research and people, knocks exercise right off their to-do lists. making it available to those in need is a reflection of its profound commitment to helping Canadians live But researchers in the University of Waterloo’s healthier and happier lives. Faculty of Applied Health Science had data proving that exercise could help reduce the negative side “Worn out from abdominal surgery, chemotherapy, effects of cancer treatment, and improve overall and the whole business of cancer, my fitness level health and well-being. was low. But with each workout I found myself gaining greater strength, flexibility, stamina and What they didn’t have was a way to take this energy. I began to feel like myself again, but now I research out of the lab and into the community, was a much stronger version.” where it could help the people who needed it most. – peggy simon, UW WEll-FIT participant Manulife Financial solved this dilemma with a magnificent $1M gift establishing the Manulife Wellness Centre, which has now been up and running since 2003. This innovative multi-purpose fitness facility houses WEll-FIT, a ground breaking 12-week exercise program for people undergoing cancer treatment. To date some 1200+ patients have completed this program. This mostly older-adult population has benefitted enormously from Manulife’s generosity by UNIVERSITY OF WATERLOO regaining their strength and finding the energy to fight back against this deadly disease. The Centre also houses a program for clinically overweight teens, helps firefighters prepare for and pass their physical ability test, and offers a special program for women with hormone receptor-positive breast cancer, who may require years of hormone 00 therapy following radiation and/or chemo. IMpAcT OF YOUR GIVInG: sTUdenT FInAncIAL AId Fostering Excellence in Actuarial science Two generous scholarships entirely funded by Manulife Financial have trained more than 50 of the world’s brightest students in actuarial science, resulting in a new generation of financial leaders. Manulife has always understood the need for highly Manulife’s steadfast commitment of almost skilled actuaries, and recognized the value in $500,000 to these students is an outstanding recruiting the best and brightest students to this example of investing in academic excellence, and of demanding field. leveling the playing field so all students have equal access to quality education. national scholarship 1999-2010 1999 – 2010: Putting this belief into action, Manulife funded a national scholarship in actuarial science between the Manulife Financial national years of 1999 and 2010. Incoming undergrads scholarships of excellence
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