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Annual Report 2004—05 Please Note: This Report Is a Statement of the Financial Health of Upper Canada College and the Foundations for the Period Ending June 30, 2005

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Annual Report 2004—05 Please Note: This Report Is a Statement of the Financial Health of Upper Canada College and the Foundations for the Period Ending June 30, 2005 Action! Annual Report 2004—05 Please note: This report is a statement of the financial health of Upper Canada College and the Foundations for the period ending June 30, 2005. It acknowledges the contributions provided by all members of the UCC community: students, Old Boys, parents, grandparents, parents of alumni, faculty, staff and friends. Our donors and friends are very important to us. Those donors who have requested anonymity do not appear in this listing. While we have made every effort to ensure accuracy in spelling and listings, please let us know of any errors or omissions so that we may express our sincere apology and make the corrections. Office of Advancement Attention: Julia Drake Director of Communications [email protected] or Andrea Aster Communications Manager [email protected] Upper Canada College 200 Lonsdale Road Toronto, Ontario M4V 1W6 416-488-1125 © 2005 UCC The information and images presented in this annual report may not be used or reproduced without the permission of UCC. Design: Get Graphic Inc. Cover photographs: Evan Dion Contents 2 Message from the Chairman 3 Message from the Principal 6 Board of Governors 7 UCC’s Executive Committee 7 Foundations 8 The Upper Canada College Association 9 Volunteers at UCC 16 Financial Statements 19 Contributions to the UCC Foundation and the College 22 Student Financial Assistance 24 Prizes and Special Purpose Funds Donors 25 Council of 1829 32 Henry Scadding Society 33 Upper Canada College Legacy 34 175th Anniversary Donors 35 The Gift That Grows 36 Online Donors 38 Gifts to the College from Alumni 48 Leaving Class Gift 49 Gifts to the College from Parents 54 Gifts from Grandparents of Students, and Gifts from Parents and Grandparents of Alumni 56 Gifts from Current and Former Faculty and Staff 57 Gifts from Other Friends of UCC 58 Matching Gifts 58 Gifts in Kind 59 Tributes 60 Committed Contributors Message from the Chairman This annual report is meant to share with you highlights of considerable progress over the past year. Strategies were the College’s 2004–05 operating year. developed to allow us to deal with these matters in a As we recap the past school year at UCC, it is clear thoughtful, compassionate way. The steps that the Board that the key highlight was the transition of leadership to Dr. of Governors decided to take will allow the College to meet Jim Power, the College’s 18th principal. At any institution, its obligations and, at the same time, ensure there will be the shift from one successful leader to another is often no negative impact on the outstanding education that our challenging, and we should all be pleased that our recent students currently enjoy. transition has carried through so incredibly smoothly. The future of Upper Canada College is very bright. During his first year in the proverbial director’s chair, Through your generosity and the sound fiscal manage- Jim Power focused on listening, reviewing and prioritizing ment at the College, UCC is in great financial shape. all that needs to be done. He has great ideas for the future, On behalf of the Board of Governors, I want to thank and we are excited to see his plans unfold. all of you who have supported UCC financially. More than During 2004–05, a Board-initiated review of UCC 1,500 community members gave to UCC’s Annual Fund communications wrapped up. It was, in part, an effort to this year. In total, community members donated approxi- pinpoint innovative ways to improve connections within mately $4 million to support the College. our community, and between parents and the College. A In addition, I want to thank our tireless volunteers key initiative that sprang from this work was a plan for a whose contributions continue to enhance the UCC new UCC website to better connect with our community experience — for students and all other members of the and prospective UCC families. UCC community. Each year is not without its challenges, and commu- Andy Pringle ’69 nication with our community remained essential as CHAIRMAN we worked to resolve the legal cases. We have made BOARD OF GOVERNORS SCENE STEALERS: The 2004–05 school year was filled with winning moments. 2 Executive Summary Message from the Principal Roll ’em…. What do we see when we dim the lights honourable work — taking more and more steps each and roll our “Year in Review” reel? Some of our most cele- month — working to tread ever more lightly on our fragile brated moments are decidedly grainy, black and white planet. For instance, this year alone, we reduced water even. After all, the College celebrated its 175th anniver- consumption by 20%, contributing to an overall reduction sary during 2004–05 — long before those fancy talking of a full quarter since 2000. pictures hit the silver screen. As well, the Prep Learning Garden is a new jewel in So how did we celebrate this milestone? For one, we the Green School’s crown, a fertile oasis brimming with looked back. A special issue of Old Times profiled 175 of vegetables, herbs, sunflowers and butterflies. The new our most distinguished graduates. A “Who’s Who” of UCC Learning Garden was the focus of many lessons at the achievers, the issue flew off College newsstands. We also Prep, and in the summer, Horizons Summer School stu- issued an open invitation to our community, offering a dents helped to tend it. The garden yielded several hun- “behind-the-scenes” look at the College. As a first-time dred pounds of harvest, much of it donated to local com- participant in the popular civic festival, Doors Open munity-centre kitchens. Toronto, we welcomed close to 1,000 attendees through I’d like to add to Andy Pringle’s thoughts on the our gates one sunny Sunday in May. Their enthusiasm and importance of your contributions; they help make UCC genuine curiosity were testament to the fact that UCC great. Your contributions as donors and as volunteers have continues to maintain its sizeable reputation — in our made a huge impact. And I am grateful to many of you community and beyond — as a leader in boys’ education. who, in my first full year at UCC, have offered invaluable Our Year in Review reel also includes more than a few assistance, helping me understand both the traditions and acceptance speeches (none of them too teary, mind you). potential of this fine school. For example, our Horizons tutoring program received an Great schools, of course, are about so much more Urban Leadership Award from the Canadian Urban than academic, artistic and athletic accomplishment. And Institute, a non-profit dedicated to enhancing the quality great boys’ schools have a special opportunity to be as of urban life. And our Senior Boys’ Soccer Team members intentional as possible about addressing challenges relat- were national champions at the Canadian Association of ed to character. That’s why we want to do everything we Independent Schools’ Soccer Tournament in Quebec. can to make sure that our school’s culture reflects the In the classroom, too, the spotlight shone. François “Three Cs” of caring, connected and character — first. We Cadieux ’05 received the Garfield Weston Foundation’s want to make sure that each boy is known and cared for, National Award, the most generous scholarship awarded so that no one falls through the cracks. And we want each in Canada. Overall, 2005’s Leaving Class performed boy to understand the wisdom of “character is destiny.” admirably on the IB Diploma exam; 41% of students Even as this year’s reel comes to a close, we’re already achieved 36 points or higher. One student even turned in recording the indelible highlights of the new school year. a score of 45 — a perfect showing. …Action! Though our Green School avoids the high-wattage spotlight (we strive to conserve electricity), we must Jim Power light at least a few anniversary candles to celebrate its PRINCIPAL Executive Summary 3 Total Giving to the College by Fiscal Year UCC continues to benefit from the vision and generosity of our family of donors. New Commitments:* $13,320 2000–01 Receipted Gifts:* $11,285 New Commitments: $5,594 2001–02 Receipted Gifts: $6,633 New Commitments: $6,446 2002–03 Receipted Gifts: $3,808 New Commitments: $4,021 2003–04 Receipted Gifts: $6,398 New Commitments: $4,054 2004–05 Receipted Gifts: $3,921 *Includes a $6.9 million gift to fund the Richard Wernham & Julia West Centre for Learning. Other $63,062 Total Giving to the College by Type of Gift Planned Gifts For the year ended June 30 # of Donors Amount Received $489,781 Annual Fund . .1,597 . .$905,704 Major Gifts . 41 . $2,462,436 Major Gifts Annual Fund $2,462,436 $905,704 Planned Gifts . 14 . .$489,781 Other . .91 . .$63,062 Total . $3,920,983 4 Executive Summary The Endowment Thanks to the support of our donors and our investment results, the UCC Endowment has grown by more than $16 million over the past five years. (in thousands) 1999–2000 $24,662 2000–2001 $30,495 2001–2002 $31,261 2002–2003 $29,959 2003–2004 $37,137 2004–2005 $40,789 Where the Gifts Were Directed $3,920,983 Contributions to Contributions The UCC Foundation to the College $1,801,199 $2,119,784 Capital Projects Endowed Programs General Fund $529,014 $1,131,193 $402,910 Other $1,028,293 College Priority Fund $382,437 Endowed Student General Endowment Financial Assistance $4,328 $213,073 Expendable Scholarships Programs Endowed Special Purpose Fund Endowed Prizes & Bursaries $91,460 $12,000 $37,695 $88,580 Executive Summary 5 Board of Governors Visitor Ex Officio Members Committees of Paul Gooch HRH Prince Philip Glen Grunwald the Board Sandra Hives DUKE OF EDINBURGH PRESIDENT & CEO OF THE TORONTO Audit Committee Steve Johnson BOARD OF TRADE Andy Pringle ’69, Chair Patti MacNicol Honorary Chairman Hollis Brent ’72 Neil Mens Anthony J.
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