Mount Sinai Hospital Foundation

2004-0 5

Giving is the best medicine

Annual Report Giving is The Best Medicine

Throughout our 8o-year history built on outstanding community support, advances in medicine at Mount Sinai Hospital have underscored our leadership role in providing The Best Medicine for our patients. We are fortunate to have donors whose generous philanthropy fuels Hospital initiatives, care, and innovation, improving the quality of life for our patients – whether it’s leading- edge technology, surgery, or research for fighting disease.

We are proud to be one of the country’s leading academic health centres, with a well-earned reputation for outstanding patient care, innovative teaching, and pioneering research. Mount Sinai is an acknowledged leader in such areas as gastrointestinal and infectious diseases, orthopaedics, internal medicine, heart and respiratory failure, surgical oncology, women’s and infants’ health, urology, emergency and palliative care, it is a recognized centre for high-incident chronic adult diseases such as arthritis, cancer, heart disease, and diabetes. Our dedicated team of nurses, doctors, scientists, staff, and volunteers are united in their desire to improve the quality of life of our patients.

To that end, in the past year, Mount Sinai has: O Treated more than 25,ooo inpatients O Treated another 63o,ooo outpatients O Delivered more than 7,ooo babies O Treated 38,ooo patients in the Emergency Department.

Mount Sinai will continue to create The Best Medicine through the advancement of scientific knowledge at our world-renowned Samuel Lunenfeld Research Institute. With over 5oo researchers, investigators, and staff, the Institute ensures that the latest scientific discovery is translated into the best in patient care now and in the future.

Mount Sinai Hospital is deeply grateful to all the people whose talent, commitment, and generosity create The Best Medicine. Michael Bregman, Chair, and Carol Wilding, President, Mount Sinai Hospital Foundation

Fueling The Best Medicine

At Mount Sinai Hospital Foundation, everything is focused on one objective – The Best Medicine, which is not just the name of one the most successful fundraising campaigns in Canadian hospital history. Every day, Mount Sinai’s nurses, physicians, scientists, staff, volunteers, and donors make The Best Medicine a passionate reality.

The Best Medicine campaign relies on the extraordinary generosity of our donors and those who facilitate their philanthropy. Consider our results to date: we have now raised more than $25o million toward our $4oo-million campaign goal. These funds help provide Mount Sinai Hospital with the infrastructure to deliver the best patient care along with ground-breaking medical research.

For more than 8o years, Mount Sinai has continuously improved delivery of excellence in patient care. In an era of tight fiscal constraints, the support of our donor community is even more essential in allowing Mount Sinai to pursue its mission. Each and every dollar donated is important and warmly appreciated.

We are extremely fortunate that our inspiring donors turn their compassion into action. We pay special tribute to our most generous supporters over the year ended March 3ı, 2oo5:

O the Kimel family, long-time donors who contributed once again, with $8 million to upgrade our medical imaging department;

O Joseph and Wolf Lebovic, who donated an additional $6 million to establish the Joseph and Wolf Lebovic Research Centre; O the Ira Gluskin and Maxine Granovsky-Gluskin Charitable Foundation, which provided $3 million to establish the Granovsky-Gluskin Centre for Best Practice in Family Medicine;

O Barry and Honey Sherman and Al and Malka Green, who each pledged new $ı-million donations.

Our renowned Samuel Lunenfeld Research Institute (slri) is ranked among the world’s top ten research centres. Here, philanthropy is fueling international research into gene-based disease as well as other areas, including oncology, diabetes, arthritis, orthopaedics, women’s and infants’ health, and gastrointestinal disease. Our scientists receive abundant international acclaim, wonderful testimony to the calibre of research conducted at the slri, which would not be possible without donor support. From the Surgical Skills Centre to the Marvelle Koffler Breast Centre to the new home of the Temmy Latner Centre for Palliative Care, the generosity of our donors is transforming Mount Sinai, and advancing excellence.

This report marks a changing of the guard at the Foundation. It is the first report issued under the leadership of new President Carol Wilding and new Foundation Board Chair Edward Sonshine, who carry the mandate and possess the qualifications to lead us to greater heights. It also marks Michael Bregman’s final report with the completion of his three-year term as Board Chair. We view the future with great enthusiasm and confidence.

Mount Sinai is a very special and wonderful hospital. It is filled with extraordinary people – clinicians, volunteers, staff, and supporters – who care deeply. They all share the same noble goal of providing patients with The Best Medicine. As this Annual Report pays tribute to the generosity of donors who help make it a reality and a tremendous success, we have titled it, appropriately, Giving is the Best Medicine. We thank you.

Michael Bregman Carol Wilding Chair, Mount Sinai Hospital Foundation President, Mount Sinai Hospital Foundation The Best Medicine

In ı995, Mount Sinai launched The Best Medicine, an ambitious – and highly successful – fundraising campaign under the visionary leadership of Lawrence Bloomberg. Joining him in leading phase two of the campaign was Michael Bregman and now Ed Sonshine, Chair of the Foundation Board. Today more than $25o million has been generated, funding leading-edge research, improved facilities, and innovative programs. The Best Medicine campaign has an ambitious goal to raise a total of $4oo million by 2oo8.

Lawrence Bloomberg Our donors understand the power of their philanthropy to transform innovative ideas into healthier lives. While government funds the Hospital’s operating budget, it is our donors who provide Mount Sinai funds that allow flexibility and opportunity to innovate, upgrade, and adapt to rapidly changing healthcare delivery. This generosity is the bedrock that supports the best care for our patients – now and in the future.

Inside this Report, you will see how the contributions of thousands of people in the Mount Sinai family have enabled our skilled and compassionate caregivers to contin- ue providing our patients with the best medicine. While we can profile only a few individuals who have pledged over the last year, we value every dollar from every Edward Sonshine donor. Our friends in the community help us fulfill our vision of becoming one of the country’s leading patient care, teaching, and research hospitals.

Join us as we thank and pay tribute to those who have helped make Mount Sinai Hospital synonymous with excellence, The Best Medicine.

Lawrence Bloomberg Edward Sonshine, qc Chair, Mount Sinai Hospital Chair, Mount Sinai Hospital Board of Directors Foundation Board of Directors

The Best Medicine Campaign Cumulative Total s r ■ 2004-05 a

reached l By 2008 l $250 million The Best Medicine o 250 campaign has the D goal of raising a

■ 2003 f total of $4oo million

launched o 200 The Best Medicine campaign s Phase II n 150 o i l l

■ 2001 i raised $150 million 100 M

■ 1995 launched 50 $100-million The Best Medicine campaign 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Fiscal Year Dr. Larry White (left) and the Kimel Family

Seeing Patients in New Ways

Something extraordinary is under construction at Mount Sinai – and it is going to improve how our doctors provide care. It is the Kimel Family Centre for Advanced Medical Imaging, a state-of-the-art centre for sophisticated diagnostic and thera- peutic techniques. The Centre has been made possible by an exceptional $8-million pledge from the Kimel family – Manny and Candice, Ron, Warren and Debbie, and Elkie and Abbie Adler. The Kimel family first contributed to the Hospital in ı988 in honour of their late mother, Eva Kimel, who was a grateful patient at Mount Sinai. Over the years they have supported both Mount Sinai’s Nuclear Medicine and mri facility – so this transformational gift is a generous extension of their continuing interest and commitment. The revitalized facility will not only transform the face of medical imaging, but will revolutionize our doctors’ and technicians’ ability to find, diagnose, and treat disease earlier.

This advanced technology, including two updated Magnetic Resonance Imaging (mri) machines and a brand new Computerized Tomography (ct) scanner, allows physicians like Dr. Larry White to see inside the human body with powerful new tools.

These include clearer, sharper images, allowing for faster and more accurate diagnosis and treatment. In addition, this sophisticated equipment will improve patient care through faster turn-around times and improved privacy and comfort.

With a state-of-the-art facility like the Kimel Family Centre for Advanced Medical Imaging, we can see our patients in important new ways to provide them with the most effective care, with The Best Medicine. Dr. Tony Pawson with Wolf and Joseph Lebovic

Laying the Foundation for Discovery

Rising behind Mount Sinai is the impressive Joseph and Wolf Lebovic Research Centre, a building that symbolizes Mount Sinai’s position as a highly respected academic research hospital. Housing a variety of research and clinical centres, this campus was made possible through a transformational $6-million gift from Joseph and Wolf Lebovic, two of the Hospital’s most magnanimous donors.

For more than two decades, Mount Sinai has been the grateful recipient of their generosity – a cumulative gift of $ı6 million. Together with their father, the late Harry Lebovic, Joseph and Wolf founded Lebovic Enterprises in ı953. They hope to inspire others to give. Joseph says, “I really get so much pleasure from giving this money away…people should know giving doesn’t hurt… It’s a good investment.”

The Joseph and Wolf Lebovic Research Centre, eloquent testament to their continued support, will house the Toronto Centre for Phenogenomics, a partnership of four Toronto teaching hospitals. This unique facility is dedicated to biological research using mice to determine the genetic basis of disease and cures in humans. This Centre will advance the Hospital’s renowned Samuel Lunenfeld Research Institute, led by the remarkable Dr.TonyPawson, who this year alone has won three prestigious awards for his innovative genome research, which will ultimately provide solutions on a grand scale.

The Lebovics’ generosity will speed the process of genetic discoveries and their application to disease, translating from “bench” to “bedside.” Ultimately, this improves care for our patients, enabling us to offer The Best Medicine. Ira Gluskin and Maxine Granovsky-Gluskin with Dr. David Tannenbaum

The Mark of Family Medicine: Relationships Begin Here

A key to ensuring your own good health comes from forming a trusted relationship with your family physician. In the case of Ira Gluskin and Maxine Granovsky- Gluskin, that bond with Dr. Warren Rubenstein led them to pledge $3 million to our Department of Family Medicine – one of the largest and most respected centres of its kind in Canada.

“No doctors in Canada are doing this to get rich – especially family doctors,” says Ira. “There’s no prestige associated with family medicine, really, and it’s a real sacrifice for them. They put in a lot of hours and our society will benefit by having more family doctors take care of us.”

As devoted philanthropists, both Ira and Maxine are valuable supporters of the Mount Sinai family. Their most recent gift testifies to that commitment, and their belief in the fundamental importance of family-based medical care.

The Granovsky-Gluskin Centre for Best Practice in Family Medicine, led by Dr. David Tannenbaum, will be housed in the Joseph and Wolf Lebovic Building. It will bring together Family Health Teams, including research and clinical care, enabling family doctors to apply the latest scientific breakthroughs, at Mount Sinai and elsewhere, to their patients.

An exciting model of multidisciplinary care with teams of physicians, nurses, allied health professionals, support staff, and volunteers, the new Granovsky-Gluskin Centre for Best Practice in Family Medicine will be a warm, welcoming environment for all patients and their families, a place where they will receive The Best Medicine. Al Green, Dr. Bernard Zinman, and Malka Green

ARMed with Information

Two of Toronto’s leading philanthropists and long-time supporters of the Hospital are Al and Malka Green, who have been part of the Mount Sinai family for more than 2o years.

Al wanted to make a gift that would benefit diabetes patients. To that end,the Greens’ contribution launched an advanced electronic record keeping system – the Ambulatory Records Management System, known simply as arms – which has already started in the Leadership Sinai Centre for Diabetes.

The new arms system gives nurses and physicians, like Dr. Bernard Zinman, Division Head of the Leadership Sinai Centre for Diabetes, immediate access to patients’ entire case histories and medical data. Having such complete and immediate information allows health care providers to focus much more time and energy on their patients. In addition, arms offers co-ordinated booking of lab, imaging, and specialist appointments. For patients with chronic diseases like diabetes, who require multiple medical visits, this advancement means appointments are easily co-ordinated, avoiding undue scheduling stress and encouraging faster access.

As a result of the Greens’ latest generous donation, Mount Sinai now stands as a leader in the rapid advancement from a paper-based record system to an easily accessible, computerized database of information. This is just one essential part of providing The Best Medicine. Barry and Honey Sherman with Dr. Edward Keystone

Honouring Two Pioneering Doctors

It’s a perfect match: two generous donors honouring two pioneering doctors.

As strong supporters of research, Barry and Honey Sherman, among Canada’s lead- ing philanthropists, paid tribute to the work and careers of Dr. Allan Gross and Dr. Edward Keystone, two of North America’s leading specialists in orthopaedics and arthritis, respectively, with a $ı-million gift toward their breakthrough research.

Associated with Mount Sinai Hospital for 33 years, Dr. Allan Gross has developed advances in orthopaedic transplantation that are now standard practice in operating rooms around the world. As a pioneer in surgical repair of the hip and bone, Dr. Gross draws patients and surgeons alike from all over the world to learn and benefit from his revolutionary techniques. A visit to Dr. Gross has come to mean an improved quality of life for countless grateful patients.

Dr. Edward Keystone is one of the great champions of new treatments for arthritis and other autoimmune diseases. Among many other positions and honours, he is the Chairman of the Canadian Rheumatology Research Consortium, founder of the Arthritis and Autoimmunity Research Centre, and Director of the Rebecca Macdonald Centre for Arthritis and Autoimmune Disease at Mount Sinai Hospital. Advancements in research generated through his work have come to mean an easier, more manageable way of life for thousands of arthritis sufferers.

Benefits of the Shermans’ gift and the work of Drs. Gross and Keystone will be felt by patients receiving The Best Medicine in the community, and – given the sharing of medical advances – around the world, for years to come. Auxiliary President Heather Gotlieb and Nurse Janis Manes

A Labour of Love

Every year, more than 7,ooo babies are born at Mount Sinai, making ours the busiest obstetrics unit in the country. So it shouldn’t be any surprise that North America’s largest hospital Auxiliary has embraced Women’s and Infants’ Health, a cause dear to the hearts of its members.

With its $6-million pledge recently fulfilled under the leadership of President Heather Gotlieb, the Auxiliary has set an ambitious new goal to raise $3.5 million – and named it, fittingly, Healthy Babies. Proceeds will support nurses like Janis Manes, by providing new fetal monitors and physical improvements for the Neonatal Intensive Care Unit, as well as supporting fetal and neonatal research at the Samuel Lunenfeld Research Institute. These funds will have an enormous impact on the provision of high-quality patient care – in this case, for our youngest, most vulnerable patients – for which Mount Sinai Hospital is known.

The Auxiliary is truly the heart of the Mount Sinai family, offering its continued support with enthusiasm, creativity, and dedication to ensure the very best patient care. The Auxiliary, the oldest in Canada, has raised more than $22 million since its inception more than 5o years ago – an achievement built on collective energy and shared vision. Without a doubt, its success will give thousands of high-risk newborns The Best Medicine, and a better chance at a healthy start in life. Dr. Donald Low, Kenny Albert, Dr. Allison McGeer, and Jonathan Pollack. Albert and Pollack are longtime members of Leadership Sinai

Leading the Way

Leadership Sinai is a respected and energetic member of the Mount Sinai family. A program to attract and engage younger people, both emotionally and financially, Leadership Sinai encourages community leaders and young professionals to get involved in philanthropy and in Mount Sinai. This network of talented, committed men and women represents fresh Mount Sinai leadership, and has produced some of our most influential senior volunteers serving on Boards and Committees. Led by its President, Jordan Sarick, Leadership Sinai raises funds to meet the Hospital’s needs through membership and a lively roster of events ranging from galas to golf tournaments to speakers’ series that mix philanthropy with fun.

They know that the very heart of The Best Medicine is a promise to be here when our patients need us most. That’s why Leadership Sinai has committed $ı million to support Mount Sinai’s Highest Priorities, which will provide the financial capacity to respond to our most urgent healthcare needs, especially in times of crisis.

Another ambitious program is helping the Hospital play an increasingly vital role in the struggle against infectious diseases. The Leadership Sinai Centre for Infection Control, headed by Dr. Donald Low and Dr. Allison McGeer, strives to prevent the spread of infectious disease, as well as implementing preventative actions to help keep the community safe.

Leadership Sinai is having a wide-reaching and long-lasting impact. While successfully generating support for The Best Medicine, its members’ enthusiasm helps cultivate the newest Mount Sinai leaders. The Best Medicine Campaign April 1,1995 to March 31, 2005

Individuals listed have shown great philanthropic leadership through their generous support of priority initiatives and research at Mount Sinai Hospital and its Samuel Lunenfeld Research Institute, enabling us to continue to provide quality patient care, teaching and research. We extend our heartfelt thanks to the following donors who made pledges and gifts during The Best Medicine campaign (April 1, 1995 to March 31, 2005). The names of those who made a new pledge or donation in 2004-05 appear in bold.

Summit Society Founders Guardians’ Circle – Bronze Champions ($5 Million and Up) ($1 Million to $2 Million) ($500,000 to $999,999) Lawrence S.Bloomberg/National Bank BMO Financial Group Henry Bernick Financial Geoffrey and Laurie Bledin The Edward M. Bronfman Family Manuel and Candice Kimel, Michael and Yetta Bregman and Family Foundation Ronald Kimel, Abbie and Elkie Adler, Saul Feldberg Warren and Debbie Kimel Joseph Burnett The A & B Fogel Foundation Murray and Marvelle Koffler Canadian Imperial Bank of Commerce Morey and Jennifer Chaplick The DH Gales Family Charitable The Joseph and Wolf Lebovic Foundation of Toronto Foundation The Dan Family Peter and Shelagh Godsoe The Samuel Lunenfeld Charitable Morgan Firestone Foundation Estate of Albert Cummings Johnston Foundation Sydney G. Frankfort Estate of Helen Dickson Barclay Harris The R. Samuel McLaughlin Foundation The Freeman Family Foundation Estate of James Graham Hunter Mount Sinai Hospital Auxiliary Linda Frum and Howard Sokolowski and Gerald Schwartz and Heather Reisman Family Janssen-Ortho Inc. Isadore and Rosalie Sharp Ira and Irving Gerstein Robert Lantos Larry and Judy Tanenbaum and Family Abraham and Malka Green RBC Foundation Foundation Kenneth Rotenberg Guardians’ Circle – Gold Jay and Barbara Hennick Jeff Rubinoff ($3 Million to $5 Million) The Jack and Buschie Kamin Foundation The Seymour Schulich Foundation Estate of Benjamin Herbert Birstein Bertha Kerbel The Hedwig Walch Charitable Foundation Ira Gluskin and Maxine Granovsky- Albert and Temmy Latner Family Gluskin Charitable Foundation Foundation Windfields Farm Limited Leadership Sinai Jeffrey and Beverly Lipson and Family Anonymous (1) Rebecca MacDonald The Fred A. Litwin Family Foundation Peter A. Silverman Q.C. MDC Corporation/Miles S. Nadal Nancy Pencer Guardians’ Circle – Silver O &Y Properties Inc./Reichmann Family ($2 Million to $3 Million) Robert Rubinoff and Family David and Stacey Cynamon Bernard and Honey Sherman The Bernard I. Ghert Family Foundation The Sonshine Family Foundation Ellen and Martin Prosserman and Family TD Bank Financial Group Sam and Judy Pencer and Family Mark and Stephanie Valentine Lionel and Sandra Waldman and Family Larry and Marla Wasser Scotiabank Jack and Anne Weinbaum Anonymous (1) Judith Wells The Max and Beatrice Wolfe Charitable Foundation The Ray D. Wolfe Family Anonymous (1)

For more information on The Best Medicine campaign, please visit www.mtsinai.on.ca The Best Medicine Campaign 2oo4–2oo5 Donations

The Foundation gratefully received donations in excess of $5,000 from Joseph and Helen Berman the following donors from April 1, 2004, to March 31, 2005. Cara Operations Limited Sydney and Florence Cooper Foundation Malka Fingold The Willie and Mildred Fleischer $1,000,000 and up The Waitzer Family Charitable Foundation Lionel and Sandra Waldman and Family Manuel and Candice Kimel, Linda Frum and Howard Sokolowski Ronald Kimel, Abbie and Elkie Adler, The Jack Weinbaum Family Foundation Galin Foundation Warren and Debbie Kimel Windfields Farm Limited Charles and Marilyn Gold Family Foundation The Joseph Lebovic Charitable Foundation $50,000 to $99,999 Robert and Catherine Grundleger The Wolf Lebovic Charitable Foundation The Harweg Foundation Kym Anthony $500,000 to $999,999 Hofstedter Family Charitable Foundation AstraZeneca Canada Inc. HSBC Bank Canada Ira Gluskin and Maxine Granovsky-Gluskin ATU Jerry Fund, Inc. Janssen-Ortho Inc. The Samuel Lunenfeld Charitable Leonard and Felicie Blatt The Julius Kuhl Family Foundation Foundation Lawrence and Frances Bloomberg Robert Lantos Robert Rubinoff and Family The Edward M. Bronfman Family Denis M. Marsh Anonymous (1) Foundation The Tabachnick Foundation Caledon Commonwealth Ltd. $250,000 to $499,999 Orion Securities Inc. Cisco Systems Canada Inc Correen Pacht and Brenda Staroselsky Abraham and Malka Green Foundation Sabina Citron Nancy V. Pencer Mount Sinai Hospital Auxiliary Datex-Ohmeda (Canada) Inc. Richard and Karen Pilosof Jeff Rubinoff C.A. Delaney Capital Management Ltd. Thomas and Marjorie Schwartz Isadore and Rosalie Sharp Bertrand Gerstein Family Foundation Scotiabank Bernard and Honey Sherman GlaxoSmithKline Inc. The Philip Smith Foundation The Saul A. Silverman Family George and Kay Goldlist and Family Stryker Canada LP Foundation Ned and Anita Goodman and Family Richard Venn and Carol Mitchell Edward and Fran Sonshine Great-West Life, London Life and Canada Life Michael and Lea-Anne Wekerle $100,000 to $249,999 The Miriam and Harold Green Family Welded Tube of Canada Cerner Canada, Ltd. Foundation Judith Wells Canadian Imperial Bank of Commerce The Hanson Family The Max and Beatrice Wolfe Charitable Foundation Cinram International Inc. The Henry White Kinnear Foundation The Dan Family Foundation The Northern Trust Company, Canada $10,000 to $24,999 D. Morgan Firestone O &Y Foundation for Better Communities AIM Trimark Investment The DH Gales Family Charitable O &Y Properties Inc. Foundation of Toronto Pfizer Canada Inc. All Gold Imports Inc. The B.I. Ghert Family Foundation Philfam Investments Inc. Appel Family Foundation Peter and Shelagh Godsoe RBC Foundation Asia Pacific Lifts (Canada) Ltd. Barbara and Jay Hennick Family Fund Barrie Rose and Family Steven and Rita Banach Hewlett-Packard (Canada) Ltd. Norine Daniels Rose Geoffrey Bledin/The Equitable Trust Company IBM Canada Ltd. Kenneth Rotenberg BMO Fountain of Hope, Employees’ The Jack and Buschie Kamin Foundation The Seymour Schulich Foundation Foundation Murray and Marvelle Koffler Shandex Group The Boiler Inspection and Insurance The Fred A. Litwin Family Foundation TD Bank Financial Group Company of Canada Network Appliance Canada The Hedwig Walch Charitable Foundation Michael and Yetta Bregman and Family Nortel Networks The Whiteoaks Group Clairvest Group Inc. Ellen and Martin Prosserman and Family Anonymous (3) Colliers International Purdue Pharma Coloplast Canada Corporation $25,000 to $49,999 Janet Rossant Florence Cooper Jeffrey and Beverly Lipson and Family Alliance Atlantis Communications Inc. Harold Corrigan, C.A. Larry and Judy Tanenbaum and Family The Bennett Family Foundation Denton D. Creighton The Best Medicine Campaign 2oo4–2oo5 Donations

John H. Daniels Charitable Trust Progress Packaging Limited The Frankel Family (Aron and Miriam Angela and Stanely Deluce Stephen and Suzie Pustil Frankel) Diamond Court Apartments Carol and Morton Rapp Foundation David and Bonnie Goldstein Morris Diamond Rasch Foundation The Grand Chapter of Royal Arch Masons of Canada Lisa and Philip Draper The Cyril and Dorothy, Joel and Jill EJLB Foundation Reitman Family Foundation The Herbert Green Family Charitable Foundation Inc. Jack M. Fine Rocky Bay Investments Ltd. Alexander E. Grossman Foundation Edward and Sylvia Fisch Gerry and Caren Ruby Family Foundation Lawrence Haber and Reena Berlind Mark Freedman and Judy L. Jacobs Sanofi-Synthelabo Canada Inc. Harry Rosen Inc. Sandra Gertner The Oskar Ascher Schmidt Charitable Gluckstein Design Planning Inc. Foundation Hartley Hershenhorn Gluskin Sheff & Associates Inc. Barbara Schnurbach Steven M. Hershenhorn Goldcastle Investments Limited/ Gerald Schwartz and Heather Reisman HM Cash Inc. A. Ephraim and Shirley Diamond Sears Canada Inc. Interwide Investments Limited and Stephen Diamond Michael and Jackie Shulman JF Brennan Design/Build Inc. The Gilbert Goodman Family Foundation John and Marcie Suske Al and Malka Green James and Elaine Kay Nancy Grossman, Lorri Kushnir and The Wayne Tanenbaum Charitable Harvey and Milly Kirsh Foundation Jodi Molson Mabel Kniseley Nurses’ Endowment Zelda Hershenhorn and Family Kenneth M. and Jennifer Tanenbaum Foundation and Family Sarah Hisey Kwan Yip Wei N.A. Taylor Foundation Nelson Arthur Hyland Foundation Geoffrey Matus Tenet Computer Group Icefloe Technologies Inc. Motorcade Industries Limited John G. Weir Jay-M Holdings Limited Mr. Sub Alan G. Wigston The Henry and Berenice Kaufmann The National Life Assurance Company Foundation Guy Wigston of Canada KBSH Capital Management Burton and Marilyn Winberg Mimi and Sam Pollock Israel Koschitzky Family Charitable Jonathan and Amal Wolfe Foundation Sheila Pollock The Leonard Wolfe Family Charitable Lionel and Helaine Robins and Family Henrietta Kostman Foundation Marcia Latowsky World Federation of Neurology Louis Savlov The Harry Leikin Family Charitable Samuel and Charlotte Schwartz Foundation Anonymous (5) Charles and Mina Schwarz Rebecca MacDonald $5,000 to $9,999 Ronald and Joanne Schwarz Masonic Foundation of Ontario Harold and Margaret Altman Joel and Tammy Seigel Mark McCain and Caro MacDonald Robert and Mary Pat Armstrong McCarthy Tetrault Foundation David and Wendy Share MDI Solutions Artex Systems Inc. Monty M. Simmonds Merck Frosst Canada Inc. Chico Beharry Gary Slaight Miele Limited Dennis and Laura Bennie Paul and Carol Slavens Beatrice and Arthur Minden Foundation Robert D. Berger and Dr. Marla Shapiro Louis A. Strauss Minto Foundation Inc. Gordon and Ruth Berger Sun Life Financial Company of Canada Florence Minz and Gordon Kirke Blue-Zone Technologies Ltd. Jay and Linda Swartz Nachas Homes Limited BMO Nesbitt Burns Inc. TD Securities, Technology Solutions Harvey and Barbara Naglie Sandoz Cha and May Bo Cheng TELUS Corporation National Bank Financial Inc. Grace K. Chan Towne Garden Homes Limited Katherine A. B. Newman Cora Cohen Neil and Rachel Nisker Tri City Equipment Rental & Leasing Cooper’s Iron and Metal Inc. Osler, Hoskin & Harcourt LLP UBS Securities Canada Inc. DHU Corporation Donald Philip Owen, Loudon Owen and Howard Wetston and Debbie Fischer Family Echo Advertising & Marketing Inc. The Barbara and Harvey Wolfe Family Park’N’Fly Michael and Judy Firestone Charitable Foundation Morris and Pearl Perlis First Asset Management Inc. Anonymous (5) Chairs and Directorships As at March 31, 2005

We are grateful to donors supporting Chairs and Directorships that provide for our doctors and scientists, who are recognized leaders in their field. Funds are invested and income earned supports the research and educational activities of the Chair holder.

Apotex Chair in Molecular Oncology $ 2,162,573 Morgan Firestone Chair in Psychotherapy* 901,000 Sydney G. Frankfort Chair in Family Medicine* 1,021,051 D. H. Gales Directorship for the Surgical Skills Centre 505,826 Ira and Irving Gerstein Chair in Neonatal Medicine* 50,075 Bernard I. Ghert Family Foundation Chair in Orthopaedics* 1,009,078 Koffler Directorship for the Samuel Lunenfeld Research Institute 377,458 Marvelle Koffler Chair in Breast Research* 1,020,293 Temmy Latner / Dynacare Chair in Head and Neck Oncology* 1,833,204 Leadership Sinai Chair in Surgery* 1,000,000 Mount Sinai Hospital Auxiliary Chair in Women’s and Infants’Health Research 2,000,000 Sam and Judy Pencer Family Chair in Diabetes Research* 1,034,626 Sam and Judy Pencer Chair in Applied General Psychiatry* 1,024,600 Heather M. Reisman Chair in Perinatal Nursing Research 905,000 Rubinoff / Gross Chair in Orthopaedic Oncology* 1,154,911 Anne Tanenbaum Chair in Molecular and Developmental Biology* 1,130,902 Rose Torno Chair in Obstetrics and Gynaecology 2,000,000 Sandra and Lionel Waldman Family Chair for the Physician-in-Chief* 1,003,692 $ 20,134,289

*Matched by the Mount Sinai Hospital Foundation of Toronto

Fellowships As at March 31, 2005

Fellowships support development of emerging professional and scientific talent and we appreciate these gifts, which are invested. The income earned is distributed annually to support individuals pursuing advanced medical and research studies.

Irving R. Gerstein Research Fellowship in Cancer $ 409,373 Norm Hollend Fellowship in Oncology Research 439,871 Hy Isenbaum Research Fellowship in Oncology 409,272 David McColm Fellowship in Lung Cancer Research 409,272 $1,667,787

Chiefs-of-Staff at Mount Sinai Hospital with Joseph Mapa (right) President and CEO Mount Sinai Hospital Foundation of Toronto and University of TorontoFellowships As at March 31, 2005

We thank the funders of these programs, established jointly with the University of Toronto, benefitting those graduate students working at Mount Sinai Hospital and in need of financial assistance.

Mount Sinai Matched by Hospital University Foundation of Toronto Total

Canada Life Assurance Company Graduate Fellowship in Medical Research $ 100,000 $200,000 $300,000 Bernard I. Ghert Fellowship in Psychiatry 50,000 100,000 150,000 Government of Ontario/Mount Sinai Hospital Graduate Scholarships in Science and Technology at the University of Toronto 100,000 200,000 300,000

Malka and Al Green Fellowship in Psychiatry 102,610 205,220 307,830

Halbert Family Fund for Breast Cancer Research 100,000 200,000 300,000

Bernard Ludwig Graduate Fellowship in Obstetrics and Gynaecology 153,673 307,346 461,019

Samuel Lunenfeld Research Institute 1,000,000 2,000,000 3,000,000 Graduate Student Fellowships including: • Alan Bernstein Graduate Student Fellowship in Research Excellence • Monelle Seigal/Gozlan Family Fellowship

The Bank of Montreal Graduate Fellowships in Medical Research 350,000 700,000 1,050,000

Judy and Samuel Pencer Fellowship in Psychiatry 76,800 153,600 230,400

Dr. Elliot A. Phillipson – 333,333 666,666 999,999 • Department of Medicine Fellowships

The Richard Venn and Carol Mitchell Graduate Student Fellowships in Women’s Health Research 100,000 200,000 300,000 $ 2,466,416 $ 4,932,832 $ 7,399,248 Endowment Funds As at March 31, 2005

We thank those who made endowment funds a Petro-Canada Young Innovator Award Programme permanent legacy, providing for the future of Mount Irving Pustil and Louis Weinstein Endowment Fund for Diabetes Research Sinai. Gifts of $10,000 or more are invested and Renée Reichmann Endowment Fund for Nursing Education the income earned is distributed annually. Joel and Jill Reitman Endowment Fund Philip Smith Endowment Fund for Research Nathan and Toby Starr Endowment Fund for Research in $1,000,000 and up Mental Retardation Samuel Lunenfeld Charitable Foundation Endowment Fund Max and Anne Tanenbaum Endowment Fund for Research Mark and Stephanie Valentine NICU Fund for Excellence Rose Torno Nursing Scholarship Fund Penny Tramiel Endowment Fund for Cancer Research $500,000 to $999,999 Yorkton Securities Fund for Young Scientists Albert and Temmy Latner Family Foundation/Mount Sinai Hospital/Sarah Herzog Memorial Hospital Joint Program $50,000 to $99,999 Fred A. Litwin Centre for Cancer Genetics Jennifer Ivey Bannock Endowment Fund Julius Revich Endowment Fund Dr. David R. Bohnen Endowment Fund for Research* Albert D. and Gary L. Segal Endowment Fund for Dr. Martin Breitman Endowment Fund Medical Research Chan Yin Yuan, Chan Veng Jun and Family Endowment Fund Larry and Marla Wasser Endowment Fund for the Louis and Molly Chesler Endowment Fund Wasser Pain Management Centre Jerome S. Cooper Leukemia Research Fund $250,000 to $499,999 Ruth and Harry Davis Endowment Fund William and Celia Eisenberg Endowment Berman Family Foundation Endowment Fund Mr. and Mrs. Robert S. Fish and Daughters Endowment Fund George and Golda Fine Endowment Fund for for Medical Research Research in Molecular Immunology and Neurobiology Albert and Myra Gallander Endowment Fund for Samuel Hershoran Lipson Fund for Excellence in Sarcoma Kidney Research Mount Sinai Hospital Auxiliary Living Legacy Fund Marilyn and David Gluskin Endowment Fund Endowment in Obstetrical Anaesthesia Samuel and Freda Gotfrid Endowment Fund for Frances and Rossi Rosenthal Family Endowment Medical Research Fund for Medical Research Harold and Miriam Green Research Endowment Fund Harold Tanenbaum Endowment for Medical Research Frank H. Guest Endowment Fund Saul Wagman Endowment Fund for Medical Research Hugh Mappin Endowment Fund for Pancreatic Disease Research Morton Mendelson Endowment Fund for Research $100,000 to $249,999 Millie Merkur Endowment Fund for Research Samya Moranis Chris Lectureship Fund Earl Myers Endowment Fund Esther and Jack Cole Endowment Fund for Cardiology Nursing Education Endowment Fund1 Research Howard L. Orfus Endowment Fund Freeman Family Foundation Endowment Fund for Edwin J. Pivnick Endowment Fund for Medical Research* Endrocrine Oncology Theodore and Florence Richmond Endowment Paul Grylak Endowment Fund in Memory of Wife Leah Fund for Medical Research Jay and Barbara Hennick Endowment Fund for Henry S. Rosenberg, Q.C. Ph.D. Endowment Fund* Medical Research Sadowski and Davies Endowment Fund Caroline and Emily Kassie Endowment Fund for Medical Research Max and Lena Sharp Endowment Fund Sidney Liswood Endowment Fund Gertrude and David Sher Endowment Fund Earl Mandell Endowment Fund for Medical Research Sala and Pinkus Tepper Endowment Fund Fay and Lou Mendelson and Ben Mendelson Endowment Fund Clare and Gerald Turner Endowment Fund Minnie Nisker Endowment Fund for Cancer Research Ben Ulster Fund for Research in Cardiology J.C. Oelbaum Endowment Fund for Medical Research West Family Endowment Fund for Cancer Research

*Established by Resolution of the Board of Directors Endowment Funds

$25,000 to $49,999 Samuel and Ethel Roher Endowment Fund for Medical Research Gurston S. Allen Endowment Fund* Ron, Cynthia, Dylan and Myles Rosenthal Endowment Fund Eva and Mary Barrer Endowment Fund Belle and Harry Rotenberg Endowment Fund Barbara Berger Memorial Endowment Fund Harry Rotenberg Endowment Fund for Medical Research Harold and Esther Berk Endowment Fund for Medical Research Joseph J. Schiffer and Dr. Irvine Schiffer Exchange Program in Oncology Marie Berris Research Fund Charlotte Schwartz Endowment Fund for Medical Research Morley Binstock Endowment Fund for Head and Neck Oncology Carrie Schwarz Endowment Fund for Leukemia Research Boccia Family Endowment Fund Samuel V. Shefsky Endowment Fund for Diabetes Research Eugene and Alice Boccia Endowment Fund Leonard Simpson and Family Foundation Endowment Fund Sarah Bregman Endowment Fund for Cardiology Lilly Offenbach and Nathan Strauss, q.c. Endowment Fund Anne and David Brill Endowment Fund for Medical Research established in memory of her husband, David and Lois Buckstein’s Children Endowment Fund Nathan, by Lily Offenbach Strauss for Medical Research Ben and Vera Walker Endowment Fund for Research Cardiology Research Fund Florence Winberg Endowment Fund Muriel Carlen Endowment Fund Jerold and Gayle Winter and Family and Motorcade Industries Senator and Mrs. David A. Croll Endowment Fund Limited Endowment Fund for Crohn’s and Colitis Research Jack and Sophia Ellis Endowment Fund Louis Yolles Endowment Fund Jack and Valerie Fine Endowment Fund Rayzel Zuckerman Endowment Fund for Cancer Research Fogler, Rubinoff Endowment Fund in honour of $10,000 to $24,999 Lloyd S.D. Fogler, q.c. James M. Frank Endowment Fund for Cancer Research Susan Anne Adams and Andrew Wm. Levine Endowment Fund for Surgical Research Lillian and Harry Freedman Endowment Fund Agnew Pecham and Associates Endowment Fund in honour Wolf and Esther Goldstein Scholarship Fund for Nurses of Dr. G. Harvey Agnew Nat and Ethel Gotfrid Endowment Fund for Medical Research Dr. Dominick Amato Endowment Fund Julie Hanson Endowment Fund for Colon Cancer Research Larry Andreansky Endowment Fund Jacob and Dorothy Hendeles Foundation Fund Pearl and Samuel Bacher Endowment Fund Fannie and Saul Hertzman Endowment Fund Rose and Percy Banks Endowment Fund Charles and Molly James Endowment Fund Dr. Alan and Leah Bassett Endowment Fund Barney Joseph Endowment Fund Jack and Lillian Beale Endowment Fund Adam Karpen Endowment Fund Coralia Bennett Endowment Fund for Cardiac Research Joseph and Joel Kerbel Endowment Fund Gitel Bergman Scholarship Fund Morris and Miriam Kerzner Family Endowment Fund Anne and Joseph Black Endowment Fund Eva Kimel Endowment Fund Daniel Bradley Klar Black Endowment Fund Libman Family Endowment Fund for Medical Research Mary and Sydney Blinick Endowment Fund Abbey A. Lipson Endowment Fund Dr. David R. Bohnen Endowment Fund for Research Joseph M. Lubotta Endowment Fund Anne and David Brill Endowment Fund Bernard Ludwig Fellowship in Maternal/Fetal Medicine Pearl and Louis S. Brody Endowment Fund Louis Manpel Scholarship Gertrude and Meyer Bromberg Endowment Fund for Cancer Research Nikki McMaster Fund The Carrie Fund for Autoimmune Diseases Harry and Faye Minden Endowment Fund Lillian and Tom Cash and Family Endowment Fund Miriam Neveren Endowment Fund for Medical Research Dr. Joshua J. and Henrietta Chesnie Endowment Fund for Louis and Sarah Neveren Endowment Fund for Medical Research Cardiology Research Edwin J. and Charlotte Pivnick Family Endowment Fund Charles Cloth and Mary Spears Endowment Fund for Dr. Alexander Relle Memorial Lecture Fund Cancer Research Sam and Luba Richardson Endowment Fund Gwen and Chauncey Cohen Endowment Fund

*Established by Resolution of the Board of Directors Endowment Funds

Essie and Arthur Cohen Endowment Fund Dr. David A. Jordan and Family Endowment Fund George A. Cohon Family Endowment Fund Isaac and Sarah Kaufman Endowment Fund Anne Joan Zeppa Coyne Endowment Fund Norman and Ellin Kert Endowment Fund Dadouch Family Endowment Fund for Cancer Research Jerry and Karmela Klasner Endowment Fund Pearl and Harold Dennis Endowment Fund Shirley and Hughie Kline Endowment Fund Andrew Draper Endowment Fund Henry and Zelda Korenblum Endowment Fund Shelby Draper Endowment Fund for Cancer Research Harry Korzen Endowment Fund for Oncology Research Judith Lynne Duckman Endowment Fund for Colon Sigmund Kuperstein Endowment Fund for Medical Research Cancer Research Maryann Lawrence Bursary Fund for ICU/CCU Ruth Easser Psychiatric Endowment Fund Jerry and Betty Lefkovitch Endowment Fund Selma and David Eisen Endowment Fund Jacob, Sara, Murray and Adrienne Levinter Endowment Fund Wendy and Elliot Eisen Endowment Fund for Research Empire Forest Hill Lodge Endowment Fund Lou Lokash Endowment Fund David Epstein Endowment Fund David B. Lubotta Endowment Fund in Honour of His Bar-Mitzvah Dr. Joseph Fenton Endowment Fund Harry Marcus Endowment Fund Harry and Freda Fogler Endowment Fund Barnet and Gertrude Markson Endowment Fund Ida and Sollie Fox Endowment Fund Olga and Sam Meister Medical Research Fund Ruth and Roy Frankel Endowment Fund Jack Melman Endowment Fund for Palliative Medicine Ted and Judy Freedman Endowment Fund Dr. Morris Mannuel and Rita Cecille Mink Endowment Fund Ruth and Irving Frisch Family Endowment Fund for Heart Research Garbe Family Endowment Fund Eunice and David Mouckley Endowment Fund for Research Goldie Gasner Endowment Fund Mount Sinai Hospital – Fund for Excellence Carol and Percy Gitelman Endowment Fund for Family Medicine Allan Noble Endowment Fund Samuel and Sarah Glassman Endowment Fund George and Esther Novak Endowment Fund Ronald and Charlotte Glick Endowment Fund Russel Alan Ogus Endowment Fund for Psychiatric Research Sidonie Goldstein Lectureship on Sepsis Samuel Orfus Endowment Fund for Research Ellen Goodman Endowment Fund for Research Kevin Samuel Paris Endowment Fund for Neonatal Research Lillian and Sydney Goodman Endowment Fund Jess and Ingrid Pennelli Endowment Fund Senator Jerry and Mrs. Carole Grafstein Breast Cancer Jacob Perlman Endowment Fund Research Fund Dora and Sam Prince Family Endowment Fund Abraham and Malka Green Arts and Crafts Endowment Fund Jack Gringorten Endowment Fund for Heart Research Morris Prousky Endowment Fund Morris Gross Family Endowment Fund for Medical Research Ida Ragals Research Fund Fred Grossman Endowment Fund Norman and Rae Rebick Endowment Fund Helen Grossman Endowment Fund Edward I. Richmond Endowment Fund J. George Gruber Endowment Fund Adele Ross Endowment Fund Caroline Harris Endowment Fund Stanley and Tanya Rossby Endowment Fund Jack and Emily Hayward Endowment Fund Louis and Minnie Rotenberg Endowment Fund Joseph Herman Endowment Fund for Surgical Research Lanny Salsberg Memorial Fund Gertrude Herszzon Endowment Fund Jennie and Sol Frank Samuels Endowment Fund Jack and Saul Hertzman and Harry A. Stone Endowment Fund Al and Gertrude Sax Memorial Fund Isadore and Libby Hoffman Endowment Fund Leo and Ruth Schacter Endowment Fund for Research Benjamin and Anita Hutter Endowment Fund Samuel and Helen Schacter Endowment Fund Irving and Mina Ingber Endowment Fund Rose and Samuel Segal Endowment Fund Darrell Isenberg Research Endowment Fund Irving and Eva Seligman Endowment Fund Albert Jaffey Endowment Fund Shirley Shaul Endowment Fund Endowment Funds

Lynn and Skip Sigel Emergency/Trauma Department Dr. Alan and Dora Track Surgical Research Fund Special Fund Andrew Tuvel Endowment Fund Malack and Esther Simlevitz Endowment Fund Andrew Tuvel Medical Oncology Research Fund Murray L. Simon Orthodontic Endowment Fund Van Der Kuijp Westerweld Family Fund Isla and John Slavens Endowment Fund Irwin A. Wallace Endowment Fund Paul and Carol Slavens Endowment Fund Dr. Irving and Margaret Wayne Research Endowment Fund Carole and Morton Smith Endowment Fund Candy Weil Endowment Fund Harold and Sylvia Smith Endowment Fund Anne and Leon Weinstein Endowment Fund Sara and Leonard C. Smith, q.c. Endowment Fund Moshe Joseph Weisfield Endowment Fund Social Work Department Endowment Fund Grace Weiss Endowment Fund for Oncology Research Susan Sorokin Endowment Fund for Nursing Education Sarah and Morry Wingold Endowment Fund for Research Speedy Muffler King Endowment Fund Rosalind Witkin Endowment Fund Dr. Sidney Starkman Endowment Fund David A. Wodlinger Endowment Fund Norman B. Stein Endowment Fund Ethel Woolfe Endowment Fund Max and Freda Steinberg Endowment Fund Annette (Denny) and Cecil Yolles in honour of Mary and Dorothy and Harry A. Stone Endowment Fund Samuel Yolles Endowment Fund Jack E. Young Endowment Fund Philip and Pearl Stone Endowment Fund for Research Eliezer and Itta Zeisler Endowment Fund for Heart and Harry Sversky Endowment Fund Stroke Research Charles Taylor Endowment Fund Carole Herman Zucker Endowment Fund Eleanor and Burnett Thall Research Endowment Fund Total Chairs, Directorships, Fellowships, and Florence and Harry Topper Endowment Fund Endowment Funds 49,312,660

Marvelle and Murray Koffler, Rose Wolfe, and Joseph Mapa at the Leadership Donors Appreciation Dinner Bequests Gifts of Life Insurance Policies

The Foundation gratefully received bequests in We are grateful to those donors who contribute excess of $1,000 from the following Estates between by purchasing a life insurance policy and assigning April 1, 2004 to March 31, 2005. Mount Sinai as beneficiary.

Estate of Samuel M. Ackerman Estate of Rudolph James Julie Albert Ernie and Rivette Herzig Estate of Lillian Altman Estate of Sidney Klein Georges Benarroch Leanne Kipfer Estate of Reta Appelbaum Estate of Ernest Litovitz Jordan S. Bernamoff Leemoy L. Len Estate of Alex Beder Estate of Irwin Lyons Jack Bernstein Sharon London Liss Estate of Edna Teresa Beder Estate of Joan McDowell Ivan and Helen Cader Paul and Pearl Marcus Estate of George Bernstein Estate of Gail Posluns Daniel Chai Jeffrey K. Mawle Estate of Benjamin Herbert Estate of Anna Maria Carmen Ming Y. Chan Hugh McKay Birstein Ramirez S.K. Betty Chee Barbara Millichamp Estate of Ernest Bradshaw Estate of Irwin Rosen Sidney Chelsky Lionel Richler Estate of Archie Brill Estate of Diane Esther Selick Dr. Zane Cohen Robert A. Rubinoff Estate of Cecil E. Brown The Albert Shifrin Trust James Crichton Eve Violet Rubinstein Estate of Jennie Feld Estate of Louis Spring Jon S. Dellandrea Eleanor Shear Estate of Fella Goldberg Estate of Toby Steiman Lyne Dellandrea Michael Solomon Estate of Ghida Goldsmith Estate of Violet Lillian Stephen Diamond Sheldon and Susan Taerk Twilley Estate of Murray Greenbloom Robert and Maxine Fish Kenneth Tanenbaum Estate of Betty Wasser Estate of Max Gwartz Gary Fogler Gerald P. Turner Estate of Moshe Zylberman Estate of Helen Kathleen Gladys Fogler Rt.Honourable John N.Turner Harrop Anonymous (5) Lloyd S.D. Fogler, QC Hilary Turnock The Gangolf E. Herman Trust Melvin Gilbert Lawrence D. Wilder Peter Godsoe Irwin Wortsman Gary and Linda Goldberg Clare Wright Mel Goodman Anonymous (3) Tennys J.M. Hanson Leadership Sinai

Leadership Sinai was created in 1993 to encourage Elliott Levine Melanie Segal and develop the involvement of young people in the Russell Levy Daniel Shapira Hospital. Through membership and fundraising, Anthony Ostler Warren Shear Kelly Patchet David Michael Sherman Leadership Sinai has made substantial contributions Jonathan M. Pollack Les Sherman to Mount Sinai supporting research, enhanced patient Paul F. Postiglione Joshua M. Silber care facilities, new technology, and equipment. Armand Reale Christopher Slightham Jay G. Rosenfeld Joan E. Sproul Kenneth Rubin Chaim Talpalar April 1, 2004 through $1,000 to $4,999 Andrea Rudnick R. Blair Tamblyn March 31, 2005 Megan L. Abel Daniel Rumack Christine Terashita New Members Leonard M. Abramsky Daniel Samson Eric Weisz Candy Schaffel Joshua Wise Robyn Beder Kenny Albert Oz A. Cohen Robyn Beder Joseph Fanaki Ugo Bizzarri Steven Farber Caroline Bokar Leadership Sinai Board of Directors Lev Bukhman Aliza Fisch As at March 31, 2005 Amnon Fisch David M. Burton Shaun Francis Oz A. Cohen Chair David Goldstein Stacy Francis Richard J. Cooper Rohit Gupta Jordan Sarick Benjamin Gerstein Jerry Cukier Steven Hershenhorn Owen Duckman Albert Haddad Vice Chairs Eric Hoffstein Robert Ellis Michael Kalles Mike King Joseph Fanaki Jonathan Pollack Vered Kaminker Caryn Markman Steven Farber Kenny Albert Jay Klein Allan O’Dette Amnon Fisch Robert Kofman Secretary Kelly Patchet Gary Fogler Michael Kraft Jonathan Robinson Bruce V. Freeman Lisa Swartzman Sidney Lisser Chris Slightham Frank B. Gerstein Andrea Rudnick Treasurer Blair Tamblyn Lindsay Gillespie Simone Seltzer Christine Terashita Jordan Gnat David Sherman David Sugarman Michael Worb Joshua Wise Rob Godfrey Officer Linda H. Goldberger Ex-Officio New Pledges, Pledge David Goldstein Michael Nisker Payments and Gary Fogler Shane Grosman Directors Donations Rohit Gupta Carol Wilding Jerry Cukier $10,000 and up Vic S. Gupta Immediate Past Chair Jake Herman Linda Goldberger Kenny Albert Eric N. Hoffstein Zachary Goldman Carrie Orfus Gelkopf Jordan Sarick Vered Kaminker Les Sherman Vikram Khurana Jordan Sarick, Michelle and Zachary Goldman Lisa Swartzman Shawn R. Kimel $5,000 to $9,999 Michael D. King Robert Kofman Geoffrey Bledin The Henry and Zelda Michael J.R. Nisker Korenblum Family Foundation Michael Kraft Daniel Lawee Robert Lederri

For more information on Leadership Sinai, please visit www.mtsinai.on.ca 132 4

1. Lionel and Sandra Waldman at the Leadership Donors Appreciation Dinner 2. Andy and Gaye Stein of Henry’s, and Susan Taerk, Chair, Henry’s Tournament Fore Health, benefitting Marvelle Koffler Breast Centre. 3. Dr. Marla Shapiro co-chair of The Run/Walk for the Best Medicine 4. Bob Rubinoff, Espie Chan, and Dr. Zane Cohen at the Leadership Donors Appreciation Dinner 5. Rob Grundleger, Michael Bregman, Michael Smith at the Mount Sinai Classic presented by Equitable Trust 6. Dr. Allan Gross is celebrated at his Tribute Dinner presented in 56partnership with the Canadian Technion Society

An Eventful Year

Thanks to extraordinary volunteers, corporate sponsors, partners, and Financial Models Company participants who supported special events benefitting Mount Sinai Hospital, Inc. First Gulf Development raising more than $2 million between April 1,2004 and March 31, 2005. Corporation Gentec International $100,000 to $5,000 to $9,999 Burgundy Asset Management GMP Securities Ltd $249,999 Ltd. Goodman and Carr LLP Canada’s Research-Based Extrudex Aluminum Green Realty Limited Scotiabank Rx&D Pharmaceutical Companies Forest Hill Real Estate Inc. Howard Sokolowski/Tribute $50,000 to $99,999 Catalpa Enterprises Ltd. Fuji Photo Film Canada Inc. Communities Compass Group Canada Kodak Canada Inc. Geoffrey Bledin/ Hurontario Centre Limited The Equitable Trust Company The Descartes Systems Olympus America Inc. Carla Karkheck Group Inc. Otis Canada Inc. Diageo Konica Minolta Photo $25,000 to $49,999 Panasonic Canada Inc. Imaging Canada Inc. Dynamic Mutual Funds Procter & Gamble Firm Capital Corporation KPMG LLP General Electric Canada Inc. Pharmaceuticals Canada, Inc. Henry’s Alexander E. Grossman Kronis, Rotsztain, Margles, $1,000 to $2,499 Cappel $10,000 to $24,999 Foundation Hewlett-Packard (Canada) Elkie Adler Mememe Inc. Abbott Laboratories (Canada) Ltd. National Bank Financial Inc. Ltd. All Stars Courier Service Manulife Financial The National Life Assurance AstraZeneca Canada Inc. Aon Reed Stenhouse Inc. MDC Corporation/Miles S. Company of Canada Canon Canada Inc. Nadal Bioscrypt Inc. Pentax Canada Inc. GlaxoSmithKline Inc. Nikon Canada Inc. BMO Nesbitt Burns Inc. Janssen-Ortho Inc. Oxoid Inc. Al G. Brown & Associates Posluns Family Foundation Geo. A. Kelson Company TD Cornerstone Budget Car Rentals Toronto Priestly Demolition Inc. Limited Limited Town Shoes Limited R.H.G.C. Management Ltd. Cresford Developments Loblaw Companies Ltd. The Habour Group – RBC Merck Frosst Canada Inc. $2,500 to $4,999 Cyberplex Inc. Investment The Daniels Corporation MPG Canada Inc. Berlex Canada Inc. Research in Motion Pal Benefits Inc. DayMen Photo Marketing The Rae Bobbe Ltd. Richter, Usher & Vineberg Wyeth Canada Foundation/Mintz & Partners An Eventful Year

Sandylion Sticker Designs/ Friends of Mount Sinai Hospital organized events to $5,000 to $9,999 Labelad raise money for either The Best Medicine campaign, Duroch’s Annual Golf Schaeffer & Associates Ltd. or a specific program area of excellence. Tournament Sherritt International Franco Furniture Golfing for Corporation Kids Tournament Rosenberg, Smith and Third-Party Events $25,000 to $49,999 Giftcraft Partners Maple Downs Charity Pro- Softchoice Corporation $500,000 to APAS Golf Tournament Am Golf Tournament $1,000,000 Sony of Canada Limited Bay Street Hockey Tournament $2,500 to $4,999 Speedware Corporation Inc. Mount Sinai Hospital and Canadian Technion Society – The Christine Wood Grant Syntax Systems Limited Fund Dinner Rhett Eyers Memorial Golf Dr. Allan Gross Tribute Tournament The Hazcon Group Ltd. Dinner The National Colorectal Cancer Campaign Scotiabank – Breast Cancer The Toronto Star Israel Cancer Research Fund Fundraising Initiative & Canadian Breast Cancer Tyson Developments Ltd. $10,000 to $24,999 Foundation Gala $1,000 to $2,499 $50,000 to $99,999 I Survived Toronto t-shirt campaign Cornerstone 52 Foundation Unicorn Dream Dinner Hip Hip Hooray Sunset Shuffle 6k The Snowflake Ball

For more information on our events, please visit www.mtsinai.on.ca

Friends for Life Society

We thank our Friends for Life Society donors who generously give annually to Mount Sinai Hospital. The Mount Sinai Hospital Foundation is pleased to present the following list of Society members who have given between $500 and $4,999 from April 1, 2004 to March 31, 2005.

Fellows CIBC IBM Employees’ Charitable Dr. Judith Shamian $2,500 – $4,999 CIBC World Markets Fund Norman Shnier and Roberta Atlantic Packaging Products Children’s Miracle Dr. Brian D. Jafine Shnier Ltd. Foundation Harvey Kalles Smart Lazer Grafix Barr Associates Design Marvin Cooper Lee Li Wholesale Meat Ltd. Sun Chemical Consultants John D. Coyne and Karen Eleanor Leibel D’Arcy and Virginia Sweeney Bazil Developments Inc. Zeppa Michael Lipkin Terlyn Industries Ltd. The Benjamin Foundation John and Vera Elder Lana Merhej Michael Thomas Howard and Carol Bernick Graham Farquharson Metropolitan Equities Limited Topper Linen Supply Limited Family Foundation Fasson C. John Nott Westwind Partners Inc. Borden Ladner Gervais llp Joe and Budgie Frieberg Harvey Borden, c.a. Betty D. Phillips Partners Richard Furst Raymond James $1,000 – $2,499 Maxie Bluestein, The Samuel Len Gill and Rose Levy Charitable RBC Foundation ı953o 9 Ontario Ltd. Foundation Golden Gate Wire Rhett Eyers Memorial Golf Ed and Heather Bryant Goldman Sachs Canada Tournament Andrew and Michelle Abbott Canaccord Capital Corp. The Ralph and Roslyn Halbert The Jack Rose Family Lynn Albert Cassels Brock & Blackwell llp Foundation Foundation Algood Casters Limited Chris Steer Insurance Brokers George and Linda Heller Alan D. Schwarz Clive and BarbaraAllen Limited* Hydin Limited ScotiaMcLeod Altet Stucco Ltd.

* Member, Best of Friends monthly giving program Friends for Life Society

Mr. and Mrs. Ron Ander Kenneth G. Copland Hadesh Foundation Nicol MacNicol Irene Anderson Cornerstone 52 Foundation Roslyn Halbert Dr.David and Dr.Edna Magder Carmen Antonini Warner Cowan Stephen and Andrea Halperin Mr. and Mrs. Gerry Maldoff The Appleton Charitable Barry and Sandi Cracower Mike Hammer Manulife Financial Foundation Ilidio and Mercedes Da Silva K. Pruyn Haskins Ronald Masleck Jose Araujo Deloitte & Touche llp Hershman and Burger Family Gordon and Ann McArthur Aronovitch MacAulay Rollo llp Gertrude Diamond A.S. Hertz Family Foundation John McMahon Aufgang Holdings Limited Patricia Digings Alison Himel Mr. and Mrs. Sam Meister Alberta Ayriss* Erika Dovey The B.A. Himel Family Alexander Kotov and Victoria The Ralph M. Barford Miss Edna J. Dow Foundation Mirskaya Foundation Dynamic Fund Foundation Ronald and Joan Hogwood Moet-Hennesy Brands Select N. Marina Barnstijn Wines Early Morning Productions Inc. Horner Developments Ltd. Peter Baron Craig and Shirley Moyer Dr. Seymor Eber Shirley Hoy Bayview Secondary School J. E. Eberle Idea Marketing Corp. David and Kim Murdoch Benign Essential Blepharospasm Bernice Eckler Christopher Igglesden* Gary Nachshen Robert and Eleanor Bennett Allen and Ellen Eisen Imperial Coffee and Services Inc. Denise Nadalini Roland Bertin Mr. and Mrs. Elliott Eisen John Noble Septic Services Inc. Glenna P. Nesbitt Dr. Irving I. Betcherman The Elegant Garage Sale Johnson-Rose Inc. Neil and Gladys Neufeld Lenny and Evie Binder EllisDon Corporation Judith Jordan-Austin North America Construction Herbert R. Binder (ı993) Ltd. Mr. and Mrs. Igor Ellyn, q.c. The Morris Justein Family Biomet Canada Charitable Foundation Novator Systems Ltd. Embanet Corporation Mr. and Mrs.Ron Blitstein, c.a. Hillel and Donna Kagan Ronald, Lilly & Annette Philip M. Epstein Oelbaum & Family Erika and Ernie Bloch Kenneth Karp Wilfred M. Estey OPG Employees’ & Ann Boeckh Mr. and Mrs. William Kassel The Les and Minda Feldman Pensioners’ Charity Trust Gordon J. Bogden Shayam and Anita Kaushal* Charitable Foundation Bernard K. Ozawa Hilde Breuer Martin Kelman Ralph and Kathleen Fenik John Pantarotto John Breuer Norman L. Kert The Morton and Ethel Fields Participation Holdings Ltd. Stanley Brock Foundation Kindwin Development Corporation Partners in Caring Howard and Roz Brodsky First Associates Investments Inc. Paula Kirsh Stan Pasternak Myer D. Brody and Mimi Debbie Fischer Robert I. Peacock Fullerton Jenkin and Edwina Fok Olga Koel Rob and Jacqueline Peeren David E. Buck William A. Foote Golda Koschitzky Elliott Peranson Patricia A. Burke-Smith* Franco Furniture Golf Kal Kuronen By Design Fine Jewellery Ltd. Tournament for Kids The Albert Abrum Lager David and Debbie Perkell Foundation The Cadillac Fairview Franco Furniture Refinishing PF & R Holdings Inc. Corporation Limited Sydney G. Frankfort Trust Michael Laine Beverley J. Pinchin Laura Cameron* Agency Leslie B. Lander Professional Association of CanadaHelps.org Theodore J. Freedman Minnie Lebovic Interns and Residents of Ontario Capstone Inc. Herbert and Betty Frieberg Cleona Lee Raduna Contracting & Excavating Inc. Rita Carret Harvey Fruitman Lee-Mar Developments Ltd. RBC Dominion Securities Inc. Challenger Motor Freight Ehab Gaber Mr. and Mrs. Jay A. Lefton Inc. Employees Charity Trust Edgar A. Garber Robert G. Leong RBC Foundation J.S. Cheng & Partners Inc. Garfinkle, Biderman llp Leon's Furniture Limited Redbourne Properties Inc. Chenstochover Aid Society David Gelman Donald W. Lewtas and Richter, Usher & Vineberg Helen Choi Chu Chow Bernard Glazier Barbara Mitton RNE Realty Limited The Beverley and Samuel H. Mr. and Mrs. Robert Jivco Licov Clara Roberts Cohen Family Foundation Goldberger Lions Delivery Service Limited Roche Diagnostics Marshall and Judith Cohen Joseph Gorog Vicki Loftus Harold and Medora Roe Michael and Naomi Cohen Gertrude M. Gotlib The Lowidt Foundation Rogers Group of Companies M. Earlaine Collins Mr. and Mrs. Cecil H. Graff Ben and Jill Lustig Mr. and Mrs. R. Louis Ronson Arthur Cook Brian Greenspan Thomas G. Lutton Carl Rosen Richard and Gail Cooper Mr. and Mrs. Joel S. Greisman Ronald and Diana MacFeeters David and Brenda Ross

* Member, Best of Friends monthly giving program Friends for Life Society

The Royal Canadian Legion Ida Tugg Paul and Kaye Beeston J. Mitchell Dykstra The Samuel J. and Jean Sable Alina Turk John Patrick Bell* Norman and Ellen Eckler Family Foundation United Parcel Service Canada Penelope Bell Bill Elleker Mark J. Sarner Ltd. Paul Bellack Gordon R. Elliot Jennie M. Sawula Jim Vassos Bendale Cleaning Mr. and Mrs. Lawrence Enkin Katalin Schafer Brenda Vince John and Sherrill Berrys* Lieselotte A. Eschenauer Schering Canada Inc. Mr. and Mrs. Milan Voticky Bessin Family Foundation Haron Ezer Myra Schiff Sydney K. Wahl Terrence Hugh Big Canoe Farband of Lithuanian Jews E. Traudi Schlehuber Peter Wallace Bijoux Village Fine Jewellers Mustafa Farooqi Joe Schlesinger Susan H. Walsh E. M. Blake and Susan Gilles Fecteau Charles and Ruth Schwartz Herman Walter Hutcheson Bernard Feinstein* SCL Imaging Group George Wasserstein Blizzard Courier Service David Feldman Limited Robert I. Scolnick John H. Watson Jonathan Fidler Agostinho Bonanca Shadowcorp Investments Ltd. Margaret Wayne* Martha Finkelstein J. Allan Boyle Gerald Shefsky Sophie Weimert Morris Flicht Marion Brancaccio Arnold B. Shniffer A. Michael and Virginia Michael and Sandra Florence Sico Inc. Wenban Sidney and Gladye Bregman Family Foundation Sandra L. Simpson* David Wex Barbara Brett Lionel Frankel Hin Leung So Wilkinson & Co. Brown Entertainment Inc D. I. Fraser* Gary S. Solway Winberg Foundation Dr. James E. Brunton Harold and Ethel Freeman Doris Sommer-Rotenberg Mr. and Mrs. Howard Wise Buffet Charbonneau Joseph M. Fried Robert and Marilyn Spindler Mr. and Mrs.Stanley H. Witkin Charles and Elizabeth Bulloch Tom Friedland Ronald S. Steinberg Jackein Wong Cris Bustos Friends Enterprises Elise S. Stephenie Timothy and Lynda Wood Lilian N. Campo* Ian Fyfe Gordon and Joyce Strauss* Minnie Yack Canadian Moulded Products Gem-Sen Michael Carli Joanne Sulman Leon S. Yolles and Dora Sean Gilbert* Yolles Charitable Foundation Mr. and Mrs. Sheldon Carr, b.a. Sunset Shuffle 6K Jeffrey and Orly Glatt Marcia Zuker and Jeffery Barnes CDI Computer Dealers Inc. D’Arcy and Virginia Sweeney Sandra Glaze Susan Centner-Davidson* Houi and Ann Takounseun Associates Stanley Goldfarb $500 – $999 Central Glass & Mirror Ltd. The Frances Tanenbaum Jacob and Ellena Gornitzki Charitable Foundation Century Builders Hardware ıı74 9 ı9 Ontario Inc. Helen Gottschling Joan Taylor* Limited Accurate Fasteners Ltd. Estelle Grant The Teakwood Charitable Kevork Cerrahyan Foundation Salem Alaton* Herbert Chang David Green The Olde Teddy Bear Shoppe Hasan Albulak Channeled Resources Inc. Michael S. Grobin Lioe Thung Alliance Capital Services Inc. Ruben and Pui Yuk Cheng Peter Guselle TI Group Inc. Altana Pharma Inc. Beverley Chernos Elizabeth D. Hamilton Lloyd Title Arnold Amber Choi Chu Chow* The Honourable Justice Monte H. Harris Stephen Title R. David and Ann Anderson Dora C. Chow Roger Hatch Murray Tkatch Jake and Vivian Anhang Dougal Clark Bronislaw W. Hausman Moses & Temara Tobe Edward Anthony* Danier Leather Inc. Diana Hausman Foundation Inc. Ben Applebaum Decorium Haymishe Homes Inc. Jocelyn Todd Philip and Linda Armstrong Delta Architectural Hardware David Toles B.C. Music and Consulting Corp. Mr. and Mrs. Arden R. Haynes Tony Chaar Salon Inc. Bank of America Canada Dino Dilio D. Hazzoh Torstar Corporation Harold Schwegel and Joseph R. Dukovac Leonore V. Hetherington S.E. Tower Anne Barszczewski Margaret Dumberg Janet C. Heywood Tremco Canada Division James and Marcia Bartlet Richard Dumberg Nancy E. Hill Trenton Cold Storage Robert Bateman Robert and Helga Dunn Dr. Carol Hindmarsh Tribute Communities Edwin L. Beallor Ronald Durand C. Michael Hine Tros Aluminum Installations Andre Beaulieu Durock Alfacing International Harvey and Sharon Hirsh Ltd. Margaret E. Beck Limited Dr. Helen Ho

* Member, Best of Friends monthly giving program Friends for Life Society

Timen Ho and Ling-Hing Allan MacKinnon Martine Positano Stanley Sobek Ho-Lai Cesare F. Mandarino Prestige Exteriors Inc. Joan Solway Zoltan and Andrea Horcsok Mr. and Mrs. George Mann Progress Doors Limited Roy S. Speares Hydro One Employee’s and Jola Marcon Lino and Edith Quattrin Margaret Spohn Pensioner’s Charity Trust Fund Mark Lash Designs Quebecor World Inc. Anthony and Anne Marie State of Israel Bonds Canada Iatesta David and Faye Markowitz Anton and Ilana Rabie Edda Sterner Incubed Ltd. Jeffrey and Janice Maser Marc Ralsky* Frederick and Anne Stinson* J. Indig Family Holdings Inc. Mastermind Educational Raoul Wallenberg – Yorkdale George and Marilyn Stone Technologies Inc. Circle Lodge B’nai Brith 2485 Industrial Commercial Sadie Stren Margaret Matyas George Ratner Packaging Limited Anne A. Sudic Mary M. Maude Frank Rea P. Isaac Aubrey A. Sugar John and Christine Ivany Linda M. McCain Rice Brydone Limited Sunview Doors Limited Thomas Izzard* Heather McCallum Douglas L. Ludwig and Karen J. Rice* Geza Szamosi Prithvi James Jean McClay Rhonda Richer Marion Tanaka Karl Janzer Victoria McCowan Catherine Rimler Miss Ana Paula Tavares* Guy V. Jason Hugh A. McKay Anne G. Ritchie TelcoCommunity Volunteers – Mikhela Jason Tom McLeod Cedric E. Ritchie Toronto Retirees Club Yael S. Jason McMillan Binch LLP Maryhelen Robertson Kevin and Heather Thistle Sherril J. Johnson Froim and Ruth Merkur Shirley Robson Kent S. Thomas Dr. Michael Johnston Dr. Michael M. Minden Rock A Bye Baby Jill Thompson Judex Inc. Abby Minuk Ron Pollock Imports Ltd. Ruth Thompson Gerry and Sandra Kaminsky Luigi and Elena Miraglia Jan Mizrahi Mr. and Mrs. Ron Rosenthal Harry Todd Construction Sidney and Margaret Keen Limited Helen Morgan* Debbie Ross Sharon Kelson Geza Tormasi Martha Morris Grace C. Ross Kenair Apartments Limited Toronto Blue Jays Baseball Club Rabbi John Moscowitz Ruth Ross Robert Kepes Donald L. Triggs Miss Catherine Moulton Aser Rothstein Joseph Kerzner Mr. and Mrs. Peter Tseng* Edward D. Murray Leon Rumm Sandra Kesselman-Hardy Tyco Electronics Canada Ltd. Andre Nacawa* Yuji Sakuma Gladys Kingsland Nadbro Construction Limited* Kevin and Wendy Samson* U.B.R.F.I.S.T. International Patti J. Kirk Union Health &Welfare Fund John A. Nairn Maureen Sandler Jillian Koplowitz Irving Ungerman Ltd. John L. Nanos Annalee Sawiak Jean Kramar Urbancorp. Richard C. Nathanson Joseph and Esterina Schmitt P. Jan and Gail Krog Algis J. Vaisnoras Reta Newman David M. Schwartz Maurice J. Kulik Dr. and Mrs.J.David VanLoon Carl and Edith Newton Sears Employees Charitable Margaret C. Kwan Fund Grace M. Vidal-Ribas John and Yvonne Nicholls Sai-Yiu Kwan Peter Seto Robert A. Wake Angela Orsi Labyrinth Services Inc. Nihar B. Shah* Lance Ward Dr. Howard Ovens Philip Ladovsky Shared Healthcare Supply Jacob Weber Raha Mohammad Panah Douglas Shu-Tak Lam Services Ltd. Paul and Susan Weinberg Paul J. Pape W.D. Latimer Co. Limited Jerry and Barbara Shefsky Glen W. Wenzel Paradigm Information Dr. Isaac H. Shleser Grant Laycock and Rita Houle Technologies Inc. Henry J. Wolfond Evsei Shnaider* Stewart Lee Ilse Pawlik Mabel Woo Helen Leon Rhoda E. Payne Shrink Packaging Systems Ltd. Dr. Donald B. Woods* Les Modes Klaus Steilmann Inc. PCL Constructors Canada Inc. Dr. Bernard Silverman Irving and Sylvia Wortsman Martin Li Robert Penteliuk and Randi R. Silverstein Bernard Young B. H. Lloyd Michelle Burjaw* Betty A. Skolnik John Young* Vince and Yvette Loconte Mr. and Mrs. Murray Perelman Joel E. Slan Leo Zaidman* Nancy Love Brenda Petryna Edward and Barbara Smith Dr. Barry and Sharon David M. Lukianow Barry and Barbara Pickford Michael R. Smith Zimmerman MAC Cosmetics Guy Polley Michael Snell Anonymous: 13

* Member, Best of Friends monthly giving program Mount Sinai Hospital Foundation of Toronto

Summarized Balance Sheet As at March 31, 2005

ASSETS (in thousands of dollars) 2005 2004

Cash $ 2,274 $ 1,718 Accounts receivable and prepaid expenses 171 248 Investments – at cost 50,168 47,161 Capital assets – net 154 67 Total Assets $ 52,767 $ 49,194

LIABILITIES

Accounts payable and accrued liabilities $ 16,405 $ 13,835 Funds held under administration 955 1,632 17,360 15,467 Fund balances 35,407 33,727 Total liabilities and fund balances $ 52,767 $ 49,194

Auditors’ Report on Summarized Financial Statements

To the Directors of Mount Sinai Hospital statements in accordance with the criteria Foundation of Toronto described in the Guideline referred to above.≈ The accompanying summarized balance sheet These summarized financial statements do not and summarized statement of revenue and contain all the disclosures required by Canadian expenses and changes in fund balances are generally accepted accounting principles. derived from the complete financial statements Readers are cautioned that these statements of Mount Sinai Hospital Foundation of may not be appropriate for their purposes. Toronto as at March 3ı, 2oo5 and for the year For more information on the Foundation's then ended on which we expressed an opinion financial position, revenue and expenses and without reservation in our report dated April fund balances, reference should be made to the 29, 2oo5. The fair summarization of the com- related complete financial statements. plete financial statements is the responsibility of management. Our responsibility, in accordance with the applicable Assurance Guidelines of The Canadian Institute of Chartered Accountants, is to report on the summarized Chartered Accountants financial statements. Toronto, Ontario In our opinion, the accompanying summarized April 29, 2oo5 financial statements fairly summarize, in all material respects, the related complete financial Mount Sinai Hospital Foundation of Toronto

Summarized Statement of Revenue and Expenses and Changes in Fund Balances Year Ended March 31, 2005

REVENUE (in thousands of dollars) 2005 2004 2005 2004

Donations, bequests and contributions $ 21,179 $ 19,331 84% 83% Events – net 2,417 890 9% 4% Investment income 1,675 3,185 7% 13% Total Revenue $ 25,271 $ 23,406 100% 100%

EXPENSES Fundraising and administrative $ 4,021 $ 3,707 17% 19% Grants to Mount Sinai Hospital 19,570 15,432 83% 81% 23,591 19,139 100% 100%

Excess of revenue over expenses and grants for the year 1,680 4,267 Fund balance – beginning of year 33,727 29,460 Fund balance – end of year $ 35,407 $ 33,727

WHERE THE MONEY COMES FROM Donations, bequests, and contributions 84% Events – net 9%

Investment income______7%

______100%

WHERE YOUR MONEY GOES Grants for patient care, research 83% O Construction and equipment O Clinical research and programs O Samuel Lunenfeld Research Institute O Other programs

Fundraising and administrative______17%

______100%

Notes to Summarized Financial Statements The Foundation is incorporated under the responsibilities, that all funds received mitted a request for re-designation from laws of Ontario as a corporation without with a restricted purpose are expended a charitable organization to a public share capital. The Foundation receives, for the purpose for which they are foundation. Canada Revenue Agency accumulates and distributes funds and/or provided. approved the re-designation effective the income therefrom for the advance- Accounts payable and accrued liabilities April 1, 2005. ment of medical research, education and include amounts payable to the Hospital Investments, including investments improvement of patient care at Mount of $15,851,339 (2004 – $13,609,962). denominated in U.S. dollars, are recorded Sinai Hospital (the “Hospital”). The Foundation is a charitable organi- at historical cost and are written down to The summarized financial statements zation registered under the Income Tax market value when there is evidence of a of Mount Sinai Hospital Foundation of Act (Canada) and, as such, is exempt from decline in value that is other than tempo- Toronto (the “Foundation”) are reported income taxes and able to issue donation rary. The market value of the investments using the restricted fund method of receipts for income tax purposes under at March 31, 2005 is $52,845,959 (2004 – accounting for contributions. The Registration Number 11904 8106 RR0001. $48,258,744). Foundation ensures, as part of its fiduciary During the year, the Foundation sub- Mount Sinai Hospital Foundation of Toronto Board of Directors As at March 31, 2005

Chair of the Board Directors Honorary Officers Michael Bregman Suzanne Ivey Cook Irving R. Gerstein cm Vice Chairs David Cynamon Hy Isenbaum fca Frank B. Gerstein Murray B. Koffler oc Geoffrey Bledin Ira Gluskin Joseph Lebovic Lawrence S. Bloomberg Gary Goldberg Kenneth Rotenberg Robert A. Rubinoff Maxwell Gotlieb Gerald J. Shear Howard Sokolowski Alan Greenberg Dr. Louis Siminovitch oc Richard E. Venn Debbie Kimel Morton M. Smith qc Treasurer Thomas Koffler Ex-Officio Directors Joseph Lebovic Ken Tanenbaum Fred A. Litwin Heather Gotlieb Secretary Michael J.R. Nisker Thomas E. Kierans oc Dr. Stephen Lye Stephen H. Diamond Neil Nisker Lesley Binstock Offman Joseph Mapa President Ron Prosserman Jordan Sarick Carol Wilding Joel Reitman Lawrence M. Tanenbaum Immediate Past Honey Sherman Chair Mark Waldman Larry Wasser Lloyd S.D. Fogler qc Judy Wells Jonathan Wolfe

Design: Russell Branding Copywriting: Ramsay Writes Cover photography: Russell Monk Portrait photography: Sid Tabak Typography: Dennis Mason Printing: The Print Resource Mount Sinai Hospital is dedicated to discovering and delivering the best patient care with the heart and values true to our heritage.

Dr. Tony Pawson, award-winning scientist and director of Mount Sinai’s extraordinary centre for scientific discovery, the Samuel Lunenfeld Research Institute, at home in his lab.

600 University Avenue Toronto, Ontario, Canada m5g 1x5 Tel: 416.586.8203 Fax: 416.586.8639 www.mtsinai.on.ca