2014 ANNUAL REPORT

2014 ANNUAL REPORT | 1 mission RIGOROUS SELECTION PROCESS

We look for qualities in our scholars that a transcript alone cannot show: personal The Loran Scholars Foundation, founded in 1988, is a national charity that integrity and character; commitment to service and an entrepreneurial spirit; breadth works in partnership with Canadian universities, donors and volunteers in academic and extra-curricular interests; strongly developed inner-directedness; and outstanding overall potential for leadership. Through a series of assessments and throughout the country to invest in young Canadians who demonstrate personal interviews, we select the top 30 from 3,500 applicants as Loran Scholars. character, commitment to service and leadership potential. The foundation is We also grant up to 80 one-time entrance awards. governed by an independent board of directors. Formerly known as the Canadian Merit Scholarship Foundation, the Loran LONG-TERM INVESTMENT IN POTENTIAL Scholars Foundation changed its name in 2014. We provide Loran Scholars with a renewable award comprising an $9,000 living stipend and a matching tuition waiver from one of our 25 partner universities. We MISSION STATEMENT encourage scholars to resist the temptation to take easy or conventional paths and to seek out, instead, how they can most effectively contribute to society. To this end, we We are committed to the greatest of Canada’s natural resources: our youth. provide $8,500 in funding for three kinds of scholar-initiated summer internships (private sector, public policy and personal/community development). We also pair We work to identify and support talented students who show promise of scholars with mentors who will challenge them and introduce them to their new leadership and a strong commitment to service in the community. community. We expect scholars to use these opportunities to broaden and enrich their academic studies. We fund these citizens to study on Canadian campuses, to the benefit of their future and ours. EXTENSIVE NETWORK

We welcome Loran Scholars into an extended family of volunteers, donors, staff, and past and present scholars. The incoming class of Loran Scholars spends five days together in Algonquin Park as part of their orientation expedition before they begin TABLE OF CONTENTS university. All scholars are invited to our annual four-day national scholars’ retreat. Letter from CEO & Chair 4 Summer Program 16 Our past scholars organize their own Connexion weekend every three years. We know the value of these relationships and take care to nurture them. Results So Far 6 Volunteers 20 Selection Process 9 Donors 26 Class of 2014 10 Financial Information 35 University Partnership 11 Board of Directors & Officers 38 Mentoring 12 Honorary Council, Committees Scholar Gatherings 14 & Staff 39

2014 ANNUAL REPORT | 2 2014 ANNUAL REPORT | 3 LETTER FROM CEO & CHAIR

In February 2014 we selected the 25th class of Loran 33 regional committees in 22 cities across the country. To these committees we Scholars. What started in Bob Cluett’s living room in welcomed 81 new volunteers who themselves demonstrate the qualities of 1988, with a handful of devoted people and an character, service and leadership we are looking for in our scholars. ambitious idea, has grown into a foundation that has Among our most dedicated volunteers are the members of our board of directors, provided more than $26 million in undergraduate awards who are listed on page 38. This year we welcome Michele Symons who has to over 2,300 students. It is a testament to our founders’ served as a volunteer for the past several years. vision and determination that, over a quarter-century later, our project shows no signs of slowing down. Our enrichment program makes the Loran Award among the most comprehensive in the world. This year our summer program supported scholars in expanding their Franca Gucciardi (Loran Scholar In 2007, we adopted “Loran” as the name of our ‘90), Executive Director & CEO horizons by working around the globe, from Haida Gwaii to Buenos Aires to the awards. Loran was chosen because it is a navigation South Atlantic island of Saint Helena. Mentorship is an equally crucial component. system that uses three points (for us, our values of Thank you to our volunteer mentors who dedicate their time to enriching our character, service and leadership) to determine one’s scholars’ undergraduate experience. We are impressed by the depth and quality course. It speaks to our values as well as our unique of these relationships that, though first established by us, often flourish well history. This year, we are extending that brand to the entire beyond graduation. In addition, Loran Scholars benefit from a community of past organization under the name Loran Scholars and present scholars on whom they can depend for friendship, guidance and in- Foundation. The name reinforces our focus: selecting, spiration. These relationships are first formed during the Outward Bound supporting and developing Loran Scholars for their orientation expedition, and are sustained at our yearly retreat and forums. They benefit and for ours. also thrive beyond graduation with the help of our triennial alumni Connexion Susan Scace, Chair Four years ago we set a goal to raise $14 million by Weekends. As the alumni community grows, we look forward to seeing new col- 2017. This amount is necessary to ensure a successful laborations and friendships form. transition away from having 35% of our revenue come from one major donor. It Twenty-five of Canada’s leading universities are our partners in providing Loran also ensures that we continue to fund 30 new Loran Scholars every year, as we Scholars with both a world-class education and a home for their four years of un- have done this year. dergraduate study. They generously match scholars’ living stipends with tuition For the class of 2014, 25 Loran Scholars have their award underwritten by a waivers that last year totaled over $700,000. Our university representatives play specific donor committed to funding their four years in the program. Among our an important role on campus as counselors to scholars and as advocates and newest supporters are John and Marcy McCall MacBain, who sponsored five promoters of the Loran Scholars Foundation. To our partner universities (listed on scholars from the class. Alumni are playing an increasingly important role. Lucas page 11), thank you for your continued trust and investment. Skoczkowski (‘92) and his company Redknee supported two scholars this year, For 25 years, the Loran Scholars Foundation has led the way as Canada’s premier while 258 of his fellow past scholars in the Loran Alumni Association funded a independent undergraduate award. We take great pride in the achievements of third. Alumni have now cumulatively contributed over $1 million back to the past and present scholars, and we look forward to the next quarter century of Loran Scholars Foundation. Thanks to the outstanding support of our donors, today investing in Canada’s future. we are 84% of the way to our $14 million dollar goal. Once again, to all of our volunteers, donors, alumni and staff, thank you for your Our work depends on a network of over 350 volunteer assessors, interviewers and enormous support over the past 25 years. administrators across the country, assisted by our small but outstanding staff. Identifying 30 promising young leaders from among a talented pool of about 3,500 applicants would be impossible without them. The success and rigor of our Warm regards, interview process depends on truly getting to know our candidates. This year we added regional selection committees in Regina and Vancouver, making a total of Franca and Susan

2014 ANNUAL REPORT | 4 2014 ANNUAL REPORT | 5 RESULTS SO FAR

In Toronto, software startup Canopy Labs is working Best Production award at Toronto’s SummerWorks festival. As creative director to help businesses improve their sales by predicting of Project: Humanity, Andrew Kushnir (‘98) is raising social awareness through customer behavior and trends. They are growing, the arts while challenging audiences with his roles in cutting-edge plays. Mark and have already raised more than $1.5 million Godfrey (‘06)’s group Pram Trio is making waves in the Jazz world, winning the dollars in venture capital. Wojciech Gryc (’04), Grand Prix at the Montreal International Jazz Festival this year. started the company at age 26 after earning two graduate degrees at Oxford and working at a global In the realm of politics and public policy, Alex Mazer (’98) is running for City management consulting firm. Wojciech is an annual Council in Toronto, where four other alumni are helping run his campaign. Mischa Oak (‘99) and Matthew Reid (‘05) are running for School Trustee in donor and has employed two Loran Scholars through Wojciech Gryc & Sammy Lau the summer program. The Canopy Labs team includes Vancouver, BC and London, ON respectively. David Vlemmix (‘05) and Sammy Lau (‘10), and two former Loran Scholars In addition to pursuing successful careers, our alumni Foundation board members and current donors serve as strategic advisors. remain committed to service, volunteering in a variety Canopy Labs is a microcosm of the Loran Scholar community 25 years after its of roles with local, national and international organizations. founding. The impact of being a Loran Scholar extends well beyond the For example, Lindsey MacDonald (‘02) is working with four-year undergraduate degree, as graduating scholars join a network of a national organization she helped establish that uses alumni and volunteers who collaborate and support each other in living the football as a means of improving the lives of homeless values of character, service and leadership. Although the average age of past and socially excluded people in London, England. In Loran Scholars is only 29, they are leaders in business, public policy, nonprofits, Halifax, Jesse Robson (‘05) is helping seniors stay medicine, law, academia and many other disciplines. In all these diverse fields healthy and engaged through her organization Happily Ever Active. Alumni are Loran Scholars stand out for their desire to lead change, improve and innovate also serving on various boards including Camp Oochigeas, the Girl Guides of in the service of the public good. Canada, and the University of Ottawa Heart Institute. Over 80% of our alumni pursue graduate studies, Scholars are also increasingly connected through our program. In February, more than 70 past scholars gathered at the BMO Institute for Learning for a Rhodes Scholars many as tenants of major scholarships. This year Dylan Collins (‘10) was the 15th Loran Scholar to reunion. Those attending represented 18 out of 20 classes of past scholars. We from Canada are become a Rhodes Scholar. Other alumni have look forward to the next alumni reunion in 2016. Loran Scholars earned Trudeau, Weston, Schmidt-MacArthur and Alumni know that the long-term vision of of alumni 15 Banting fellowships for their studies. the Loran Scholars Foundation is for past 84% have donated Loran Scholars continue to demonstrate their entrepreneurial drive by starting Loran Scholars to play a prominent role in and leading businesses. In Calgary, Breanne Everett (’02)’s company Orpyx has stewarding the program. A landmark released its first product: a device using sensor technology to prevent foot $554,000 endowment gift this year from $1 MILLION complications for people with diabetes. Toronto-based startup Shoebox, Lucas Skoczkowski (’92) is one example of co-founded by Steven Cosman (‘03), received $2 million in venture capital for this vision becoming reality. 2014 was a re- in support of Loran Scholars its cloud-based photo-storage service. In the UK, Hina Zaman (‘98) founded cord-setting year for alumni support in online health marketplace Wellvine and hired Evan Vassallo (‘12) as her first terms of both number of participants and dollars raised. In addition, all four employee. Alumni are bridging the worlds of business and social change. classes of current Loran Scholars ran peer-led fundraising campaigns. Eighty-four Afzal Habib (‘06) has started a social enterprise in Kenya focused on early percent of alumni have made their first donation; many also serve as volunteers, childhood education. mentors, staff members and summer internship employers. In giving, alumni demonstrate that they – the people who know it best – understand the value of Past scholars are also making an impact through the arts. In Toronto, director our work and are willing to invest in it. and dramaturge Leora Morris (‘02)’s play about apartheid South Africa won the

2014 ANNUAL REPORT | 6 2014 ANNUAL REPORT | 7 exceptional PROFILE: MICHELLE DAGNINO overall promise Michelle Dagnino (W. Garfield Weston Loran Scholar ‘98) has spoken to thousands of people around the world about issues facing Generation Y, the cohort of young people currently in their 20s and 30s. Her accomplishments as THE SELECTION PROCESS a writer, lawyer and social entrepreneur has been widely recognized; Michelle was named one of Canada’s Top 100: Most Powerful Women in 2006 and she is the subject of two documentaries. We believe that a young person’s character is a better indicator of overall potential than standard academic measures, and, as a result, our selection process is Michelle believes that the support she received as a Loran Scholar was crucial rigorous, thorough and involves personal interviews with a talented and diverse to her academic and professional development. “I am where I am today group of Canadian leaders. professionally because I received the W. Garfield Weston Loran Award, and for that I’m very grateful,” she says. We send our application materials ’13-’14 to more than 4,000 high schools and CEGEPs in Canada, and we Number of applicants 3,278 I come from a working-class family. I’m a first-generation encourage each school to select Percentage of sponsored applicants 59% Canadian. I didn’t know other people who had gone and nominate the candidates who Est. volunteer hours for selection process 5,540 on to postsecondary education. The Loran Scholar best match our selection criteria. family supported me in my decision-making processes This year, 1,922 young Canadians and opened my eyes to the fact that I could go on to were recognized by their schools for their character, commitment to service and leadership potential. In addition, 1,325 students applied directly for our graduate school. scholarships. We have established 33 regional committees and one national direct pool Michelle recalls the steps that led her on the path to her present role as executive committee in 22 cities across Canada. More than 350 volunteers, drawn from director of the Jane/Finch Community and Family Centre. As she was finishing business, education and the wider community, are high school in Victoria, BC, she learnt about programs at York University through Each applicant is involved as assessors or interviewers. assessed by up to the contacts she’d made through Loran Scholar selection process. It proved an This year, our regional committees selected 359 semi- excellent fit, and she went on to obtain a master’s in political science from that 12 INDIVIDUALS finalists for personal interviews from an original pool institution. over the course of 3,278 applicants. Our five-year average is 3,500 Her Loran Scholar mentor, then Covenant House Toronto executive director of three months applicants. In February, the top 74 candidates Ruth daCosta, introduced Michelle to the non-profit sector in Toronto. attended our national selection weekend in Toronto, Eventually, Michelle would become an executive director in her own right with where our six national committees and two national co-chairs selected our 30 Youth Action Network, a national charity dedicated to youth activism and newest Loran Scholars. We also granted 39 finalist awards ($3,000 ea.) and 35 empowerment. provincial awards ($2,000 ea.), and we recognized students with honour citations (53) and semi-finalist certificates (197). As a past Loran Scholar, Michelle gives back as a donor and a volunteer assessor. “That’s how I show my commitment and belief to the organization. It’s a way of telling the scholars that this really did change my life and I want this to continue.” She adds: “It takes people from diverse backgrounds and brings them together and says ‘we as Canadians believe in you and support you and want you to go on to become Canada’s best and brightest.’ It’s really building a generation of Canada’s next leaders in a wide variety of sectors.”

2014 ANNUAL REPORT | 8 2014 ANNUAL REPORT | 9 CLASS OF 2014 * indicates a scholar with an anonymous donor UNIVERSITY PARTNERSHIP

Eric Boucher, Loran Scholar Clare Lyle, Belzberg Loran Scholar École secondaire Macdonald-Cartier, Sudbury, ON Elphinstone S.S. / Heritage Christian Online School, Gibsons, BC Our 25 university partners demonstrate their trust in our selection process by offering an annual tuition waiver of up to $9,000 for Loran Scholars. They also join us in Kate Chamandy, BMO Capital Markets Loran Scholar Justina Marianayagam, BMO Capital Markets Loran Scholar Marianopolis College, Saint-Sauveur, QC Streetsville Secondary School, Mississauga, ON stewarding scholars throughout their undergraduate studies by designating a staff member who serves as an advisor on campus. This university partnership is unique Sarah Millman, Bragg Loran Scholar Emma Clark, Temerty Loran Scholar among scholarship programs in Canada. Seycove Secondary School, North Vancouver, BC Cobequid Educational Centre, Truro, NS Kit Dashwood, Scace Loran Scholar Kabir Nadkarni, McCall MacBain Loran Scholar Universities with a larger number of Loran Scholars host gatherings for past and Ernest Manning High School, Calgary, AB St. Francis Xavier Secondary School, Mississauga, ON present scholars, volunteers, mentors and supporters. This year, Queen’s, McGill and Dalhousie hosted receptions for the Loran Scholar community. Sean Davidson, Ralph M. Barford Loran Scholar Faelan Prentice, Young Fund Loran Scholar All Saints Catholic Secondary School, Whitby, ON Reynolds Secondary School, Victoria, BC Lauréanne Dussault-Desrochers, McCall MacBain Loran Scholar Allison Pritchard, Loran Scholar* Atlantic Canada Ontario Prairies Cégep de l’Outaouais, Gatineau, QC West Island College, Calgary, AB Dalhousie University McMaster University University of Alberta Memorial University Queen’s University University of Calgary Mount Allison University University of Guelph University of Manitoba Université de Moncton University of Ottawa University of Saskatchewan University of King’s College Ryerson University University of New Brunswick University of Toronto British Columbia University of Waterloo Simon Fraser University Québec Western University University of British Columbia McGill University York University University of Victoria Université Laval Université de Montréal

Janique Fillion, Rebanks Loran Scholar JiaRui Pu, Skoczkowski Loran Scholar École Communautaire Réal-Bérard, St. Malo, MB Marc Garneau Collegiate Institute, Toronto, ON Michael Flood, Ryan Family Fund Loran Scholar Shakti Ramkumar, Loran Scholar United World College Costa Rica, Rothesay, NB Kwantlen Park Secondary School, Surrey, BC Sarah Greene, McCall MacBain Loran Scholar Annie Russell, BMO Loran Scholar Fogo Island Central Academy, Tilting, NL Maple Ridge Secondary School, Maple Ridge, BC Callen Hageman, Alumni Association Loran Scholar Sarah Veber, Loran Scholar* Uxbridge Secondary School, Uxbridge, ON Gonzaga Regional High School, St. Philip’s, NL Jena Hudson, Pond Loran Scholar Emily Wiesenthal, McCall MacBain Loran Scholar Howe Sound Secondary School, Squamish, BC Bonar Law Memorial School, Rexton, NB Loran Scholars are entrepreneurial and intellectually curious individuals Ryan Jamula, Loran Scholar Kirk Wright, Ralph M. Barford Loran Scholar who are committed to serving the greater community. They excel in a wide École Secondaire Kelvin High School, Winnipeg, MB Brantford Collegiate Institute and Vocational School, Brantford, ON range of fields and have made significant contributions to McGill’s campus Miranda LaBrash, Loran Scholar Stephen Xu, McCall MacBain Loran Scholar life through co-curricular activities, athletics, the arts and student Walter Murray Collegiate, Saskatoon, SK Bell High School, Ottawa, ON government. McGill is proud to have welcomed more than 100 scholars Jill Lamb, Shannon Loran Scholar Jerry Zhang, Hasham Loran Scholar since 1988, and we look forward to many more years of partnership. Central Kings Rural High School, Berwick, NS Bayview Secondary School, Markham, ON Professor Suzanne Fortier, Loran Scholar Terry Zhang, Loran Scholar* Danyka Leclair, Principal and Vice-Chancellor, McGill University Polyvalente Roland-Pépin, Campbellton, NB Victoria Park Collegiate Institute, Toronto, ON

2014 ANNUAL REPORT | 10 2014 ANNUAL REPORT | 11 mentoring PROFILE: ANAMJIT SINGH SIVIA & MARTIN CONNELL

Our growing national network of donors, alumni and volunteers is one of our greatest Originally from Calgary, Anamjit Singh Sivia (Loran Scholar ’12) is a third-year assets. Since 2005, our one-on-one mentorship program has involved 278 mentors, electrical engineering student at the University of Toronto. He is president of the 112 of whom are mentoring current Loran Scholars. Mentors commit to sharing their Engineers Without Borders chapter at U of T and works as a translator and English experiences and networks with the scholars and also act as role models and advisors. instructor at the Canadian Centre for Victims of Torture. Anamjit co-founded the university’s Sikh Students Association, and he has volunteered as a consultant for MENTORS FOR THE CLASS OF 2013 local nonprofit organizations. He also writes for various campus newspapers. As a Loran Scholar, Anamjit was paired with Martin Connell, OC, O.Ont, past chair of Shirley Abramsky, Philanthropist, Kingston, ON John S. Montalbano, CEO, the Toronto Community Foundation and co-founder of ACE Bakery Limited. Martin, RBC Global Asset Management, Vancouver, BC Joel Adams, Lecturer & Founding Director of a 1994 recipient of the Pearson Medal of Peace, has also led two regional investment Technological Entrepreneurship & Innovation, David Mosher, Senior Research Scientist, funds providing services to low-income self-employed people in Latin America and Western University, London, ON Geological Survey of Canada – Atlantic Division, Halifax, NS Africa. As chairman of the Omega Foundation, he helped create and support the Michel Brutti, Senior Partner, SmartSAVER program, an initiative that seeks to increase the level of awareness and Head of International Equities, Jarislowsky Fraser Gregory Newman, Senior Counsel, Department of Ltd., Montreal, QC Justice Legal Services Unit, DFATD, Ottawa, ON participation among low-income families in the federal government’s Registered Education Savings Plan (RESP) program and the Canada Learning Bond. Tim Bryant, Professor, Department of Brandon Nussey, Chief Financial Officer, Mechanical and Materials Engineering, Desire2Learn, Waterloo, ON Anamjit and Martin quickly established a rapport when they met. “Martin’s humility Queen’s University, Kingston, ON Jennifer Partridge, Community Grants Coordinator, and friendly nature won me over immediately,” Anamjit says. “He has a lifetime of Lindsay Cameron Wilson, Author and Winnipeg Community Foundation, Winnipeg, MB experience in fields I am interested in, such as microfinance, international develop- media personality, Halifax, NS Laura Robinson, Head and Associate Professor, ment and mining, and I have very much enjoyed our conversations.” Peter E. Case, Chairman, Audit Committee Department of English, Royal Military College, of Fortis Inc, Kingston, ON Kingston, ON Stuart H. “Kip” Cobbett, Partner and General Melissa Sonberg, Adjunct Professor & Executive When I listen to him, I can see a future in Counsel, Stikeman Elliott LLP, Montreal, QC in Residence, McGill University - Desautels which I say, ‘I knew Anamjit when he was a Faculty of Management, Montreal, QC Alex Conliffe (’99), VP Operations, student at U of T. Look at where he is now!’ He Engineers Without Borders, Toronto, ON Guthrie Stewart, Advisor of Tandem Expansion Fund I, L.P., Montreal, QC is the kind of person that makes me feel that Helen Cooper, Senior Manager, the world will be in good hands. Ontario Ministry of Community & Social Services Peter Taylor, Professor, Mathematics and and former mayor, Kingston, ON Education, Queen’s University, Kingston, ON Martin Connell Marie-Renée Lajoie (’04), Emergency Medicine Barbara Uteck, former Secretary to the Governor Physician, Jewish General Hospital, Montreal, QC General, Ottawa, ON Gaëtan Lussier, Chair, The Canadian Martin J. Valasek, Partner, Agri-Food Policy Institute, Ottawa, ON Norton Rose Fulbright Canada LLP, Montreal, QC “My mentor has also introduced me to great Canadian traditions,” recounts Anamjit, who received his citizenship this year. “He and his family are kind enough to invite Louise MacCallum, Founder, Manon Vennat, C.M., Principal, Musagetes Foundation and former BlackBerry Manon Vennat & Associates, Montreal, QC me to their cottage for Thanksgiving dinner and to their Easter lunch.” Software Engineer, Waterloo, ON Peta Wales, Head of Retail (Banking) Proposition, For Martin, the mentoring experience is both rewarding and inspiring. “Anamjit has a Louise Macdonald, Executive Leadership Coach, HSBC Canada, Vancouver, BC refreshing optimism and quiet passion for everything he does. He cares, takes action Montreal, QC Lisa Wolverton, Executive Director, and is restlessly curious. When I listen to him, I can see a future in which I say, Mary McIntosh, Manager of Media Relations, Wolverton Foundation and founder of ‘I knew Anamjit when he was a student at U of T. Look where he is now!’ He is the Dalhousie University’s Medical School, Halifax, NS “Generation i”, Vancouver, BC kind of person that makes me feel that the world will be in good hands, and I Hon. Peter Milliken, P.C., Lawyer and former David Zussman, Jarislowsky Chair in Public Sector consider myself very lucky to call him a friend.” Speaker of the House of Commons, Kingston, ON Management, University of Ottawa, Ottawa, ON

2014 ANNUAL REPORT | 12 2014 ANNUAL REPORT | 13 a community of scholars

ORIENTATION EXPEDITION SCHOLARS’ RETREAT With 112 scholars studying at 19 different universities throughout Canada, we believe Upon completion of the orientation expedition, the incoming scholars joined strongly in the value of building a national community of scholars who inspire and their upper-year peers at the annual Scholars’ Retreat. This year, 84 scholars motivate each other. To this end, each year we bring scholars together for an orientation plus staff members and alumni gathered for peer-to-peer learning, role expedition, national scholars’ retreat, regional events and our national scholars’ modeling, and reflection. forum. We also provide online platforms for our scholars to connect. During the weekend, scholars and staff led sessions on making the most of the A multi-year pledge from Nancy and Bob Young continues to bring each new class of summer program and mentoring relationship, managing the transition from high Loran Scholars together to participate in an Outward Bound outdoor expedition. The school to university and making service activities meaningful. Past scholars Alex week-long trip into Algonquin Park provides incoming scholars with an opportunity to Mazer (BMO Loran Scholar ‘97) and Michelle Dagnino (W. Garfield Weston challenge themselves physically, gain confidence in taking risks and work productively Loran Scholar ‘98) were invited to share advice with upper-year scholars. in a team setting. It also builds a shared sense of identity as Loran Scholars before they disperse across Canada to begin their first semester of university.

NATIONAL SCHOLARS’ FORUM First- and fourth-year scholars participated in the annual Scholars’ Forum and The Outward Bound trip showed me the importance of compassion, grit and the assisted with national selection interviews in February. The forum consisted of value of taking time to reflect. Not only did I learn how to steer a canoe, tie several workshops and plenaries led by scholars, alumni, staff and guests. different types of knots and survive in the wilderness, but I also learned how to ask for help when I needed it and persevere through times of difficulty. I feel much Highlights included a keynote and Q&A on leadership with the Hon. Kathleen Wynne, Premier of Ontario, a morning address by George Roter, co-founder and more confident about my upcoming transition to university. then-CEO of Engineers Without Borders and an alumni panel featuring six past

JiaRui Pu, 2014 Skoczkowski Loran Scholar Loran Scholars. In addition, BMO and The Humphrey Group facilitated workshops on career planning and presentation. Continuing a tradition begun last year, the Class of 2010 announced a pledge to fund a provincial award as a

graduating class gift.

2014 ANNUAL REPORT | 14 2014 ANNUAL REPORT | 15 summer program PROFILE: COREY CENTEN

Over the course of their undergraduate internships were made As a fourth-year student at McMaster, Corey Centen (Loran Scholar ’03) and his class- studies, scholars are expected to gain available to Loran Scholars mates created a device that uses a series of sensors and chips to help people give work experience in the private and through the foundation in 2014. CPR correctly. The invention won several major awards and made international public sectors in Canada and abroad. 16 headlines, with both Time Magazine and Popular Science naming it one of the year’s Staff members support scholars by establishing partnerships with leading companies best inventions. Corey co-founded a company, which he later sold to a Fortune 500 and organizations, such as Shannex in Nova Scotia, Pulse Energy in Vancouver and company, to commercialize the invention, and the device was launched in 2013. the Nobel Women’s Initiative in Ottawa. Corey credits the Loran Scholars The Loran Scholars Scholars are encouraged Foundation with giving him the to connect to our extensive Foundation enabled me financial independence and moral network of donors, alumni to take risks, to learn support to develop his inventions. He and volunteers, and they and to explore my own spent his first summer starting a solar can access up to $8,500 in interests fully. cell technology company, an experience that taught him much about entre- order to plan three unique Corey Centen and challenging summer preneurship and commercialization. internships. “Having gone through the process of starting a company, obtaining research grants and filing patents, I was well prepared for getting the CPR assist device to market.” AN ENTERPRISE INTERNSHIP Corey has since started a new health technology venture. An annual donor since Scholars develop skills in a for-profit environment and learn about leadership in the 2006, he joined the Executive Director’s Circle this year in support of future scholars. business world. For example, Sam Gregory (W. Garfield Weston Loran Scholar ‘11), a political science and international development student at McGill University, worked as a customer experience consultant for Bell Canada in Toronto. He helped complete a PROFILE: JENNA GALL financial analysis of the company’s consumer service practices and was subsequently offered a full-time position. Born and raised in the The summer program allowed me to gain A PUBLIC POLICY INTERNSHIP farming community of experience in so many areas while doing Scholars gain experience with the policy-making processes in its partisan and Montmartre, Saskatchewan, things that I never thought I could do as an nonpartisan forms, and they are exposed to institutions that influence public policy in Jenna Gall (W. Garfield undergrad. These experiences have become Weston Loran Scholar Canada and abroad. For example, Madeleine Pawlowski (John Lindsay Morehead Loran irreplaceable parts of who I am today. Scholar ‘11) interned with the department of Public Health, Environmental and Social ‘10) has felt a lifelong Determinants of Health at the World Health Organization in Geneva, Switzerland. connection to nature. Jenna Gall While attending UBC PERSONAL AND/OR COMMUNITY DEVELOPMENT Okanagan, she started and led an environment and sustainability society, coordinated Scholars participate in projects that take them outside of their academic and personal a volunteer program and initiated a local food project called Karma Bowl. comfort zones. For example, Scott Henry (Young Fund Loran Scholar ‘13), a business The Loran Scholars Foundation provided Jenna with opportunities to broaden her and computer science student at UBC, worked at a technology entrepreneurship hub in university experience. She spent her public policy summer with the Yukon Climate Nairobi, Kenya. Change Secretariat; the next summer, she interned at a renewable energy company in Saskatoon, SK. For her third summer, Jenna moved to Nunavut to work for the Youth Arctic Coalition, an organization she helped to found. Jenna currently serves as an outreach director for the Youth Arctic Coalition and as a youth committee member of the Central Okanagan Environmental Advisory Commission.

2014 ANNUAL REPORT | 16 2014 ANNUAL REPORT | 17

Suzanne Clapp Patrick David (‘99) Paul Elsley George Georghiades (‘95) volunteers Jennifer Clark Marc de la Bruyère Kristin Erickson (‘01) Natalie Gerum (‘05) Brynn Clarke Alexandre Décary Margaret Esparza-Lee Julie Gibson (‘95) Our selection process relies on a network of dedicated volunteers who assess and Lisa Cline Annabelle DeGouveia Chris Evans Jennifer Gillivan interview candidates. We recruit volunteers from a variety of sectors and careers who Bob Cluett Lisa Demers Robin Everall Scott Gilmore are demonstrating in their own lives the very values we look for in our scholars. Our Pauline Coady Rose-May Demore Breanne Everett (‘02) Geneviève Girard small staff of eight employees works at the centre of this national network. Stuart Cobbett Jean Dennie Carolyn Eyles Patrick Giroux From the directors on our board to the interviewers and assessors to the mentors who Freda Colbourne Melanie Derynck- Conor Falvey (‘06) Nicki Glowacki commit to four years of advising a scholar, it is only through the work of volunteers Ruth Ann Companion Lightstone (‘02) Johnny Fansher Jane Good that we are able to deliver such an effective enrichment program. Last year, more than Alex Conliffe (‘99) Max Deschner (‘09) Elizabeth Fedorkow Ida Goodreau 400 volunteers gave more than 8,500 hours of their time. We thank the individuals Martin Connell Joe Desloges Emma Feltes (‘04) Don Goodrow listed below for giving their time and for believing in the value of making long-term investments in young Canadians who demonstrate character, service and leadership. George Cooke Rita Devlin Marier (‘03) Walter Fenlon Nora Gorman

Shirley Abramsky Eric Bercier Jonathan Burke Joel Adams Bridget Beswick (‘99) David Burrows Dorinne Ah-Kam Manoj Bhakthan Helen Burstyn Lauren Albrecht (‘01) Bill Black Anne Butler Lucie Allard Calee Blanchard (‘98) Talitha Calder (‘09) Eric Allen Emily Boehm Lindsay Cameron Wilson Diane Allain Randy Boissonnault Kelsey Cameron (‘98) Billy Allan David Bond Vickie Cammack Warren Allmand Madeline Boscoe Danika Campbell (‘08) Teresa Alm Pat Bovey Ray Cantwell (‘98) Terry Cooke Mohamed Dhanani Andrea Feunekes Emilie Glockner (‘96) Iris Almeida-Côté Marg Bowman Derek Carlisle Aline Cool Adrienne Di Paolo Marta Filipski (‘02) Philip Gosling Caroline Andrew Kate Boyle Peter Case Helen Cooper Carey Diamond Mary Ann Finn Catherine Graham Mark Angelo (‘99) Lee Bragg Judy Casey Hennie Corrin Sarah Dickson Julie Firestone Scott Graham James Appleyard Christopher Braney Sheila Casgrain Daniela Corsetti (‘10) Ron Dimock Brenda Fitzgerald Jerry Grandey Louise Arkle Gurpreet Brar (‘00) Wendy Cecil Christine Corston Jim Diotte Sabrina Fontaine J. Douglas Grant Ted Aubut Samuel Breau (‘05) Amy Cervenan (‘99) Sophie Courtois Kelly Doctor (‘99) Simon Foster Pierre-Luc Gravel Karim Bardeesy Sarah Briand (‘07) Louise Chagnon-Bucheit Chris Cowperthwaite (‘99) Alix Dostal Catherine Fowler Loree Gray Stéphanie Barker Alan Broadbent Mark Chamberlain Jane Craighead Michael Douglas (‘99) Graham Fox (‘93) Shari Graydon Karen Barnstable Tim Brodhead Kevin Chan Caroline Crawford (‘06) Vaughan Dowie Mike Fox Kelly Grindrod Allison Barrett-George Ken Broekaert Shirley Chan Purdy Crawford Terry Downs Graham Fraser Bill Guest Sue Bates Elizabeth Bronson Tameeza Chatur (1931-2014) Jacques Dubé Charlotte French Frederick Hall Greg Bavington Katherine Brown Priscilla Chen David Crombie Peter Dueck David Friesen Wayne Hambly David Bell Michel Brutti Christopher Chen Patrick Cronin Nadine Duguay Virginia Froman Darlene Hammell Hannah Bell Coralie Bryant Eric Choi Ian Cull Nora Duke Janet Frood Leanne Hammond Élie Belley-Pelletier Tim Bryant Jerome Chomos Ann Dadson Martin Dumas Rick Frost Marcia Hammonds Teresa Bennett (‘94) Michele Buchignani Gisèle Chrétien Michelle Dagnino (‘98) Erin Eacott (‘93) Catherine Gagné (‘08) Bev Hanson Vali Bennett Dinu Bumbaru Cathy Christie Kit Dalaroy David Eaves Brian Gardner (‘93) Rick Harcourt Claudia Barrett Erika Burger (‘91) Maria Churchill Linda Ann Daly Kim Echlin Peter George Patricia Harris

2014 ANNUAL REPORT | 20 2014 ANNUAL REPORT | 21 VOLUNTEERS continued

Lucia Harrison Nicole Israel (‘99) David Laidley Earl Ludlow Rosemarie McLean Kristen Munro Marc Paquin Gisèle Regimbal Sara Hassani (‘07) Yvan Jacques Marie-Renée Lajoie (‘04) Gaëtan Lussier Anne McLellan Karen Murdoch Jennifer Partridge Matthew Reid (‘05) Robert Hawkes Don Jaffray Catherine Lambert (‘00) Marie-Claire Christy McLeod Shawn Murphy Sandra Patterson Sylvie Renault Eric Haywood-Farmer (‘96) Francine James (‘94) Scott Landgraff Lussier-Desbiens (‘05) Robert McMurtry Wayne Murphy Martin Pearce Grant Reuber Cheryl Heinzl Peter Jeffrey Aldéa Landry Louise MacCallum Tracey McVicar Kyleen Myrah Hilary Pearson Chet Reynolds David Helliwell Ed Jernigan Otto Lang Louise Macdonald Axel Meisen Patrick Nadeau (‘00) Landon Pearson Sidney Ribaux Meghan Henry Kyle Jeworski Vivienne Lapointe Mary MacDonald- Chris Mercer Kendra Naidoo (‘01) Ian Peer Lindsey Richardson (‘09) Jeff Henry Michael Johnston Paul Larocque Pickering Sylvie Mercier Carol Najm France Pégeot Norman Riddell Les Herr Shannon Jorgensen (‘00) Laurie Lashbrook Rhiannon MacDonnell Sarah Michael (‘93) Claire Nantes Kate Pereira (‘04) Mike Ridley Hillary Higgins (‘03) Janelle Joseph (‘97) Sylviane Latour Sandra MacGillivray (‘94) Klara Michal (‘97) Byron Neiles Elizabeth Perez Nada Ristich

Roseanne Hill Blaisdell Anthony Keating Doug Lawson Peter MacKinnon Susan Millican Ron Neville Ann Peters Janice Ristock David Hinton Carol Kehoe Susan Lawson Rod MacLennan Peter Milliken Gregory Newman Cathy Phillips Denise Ritchie Terrence Ho Ruth Kelly Stephane LeBlanc Beth Malcolm David-Martin Milot (‘07) Chris Newton-Smith (‘95) John Phillips Joy Roberts Cheryl Hodder Sharon Kennedy (’05) Alison Lee (‘09) Sharon Manson Singer Judy Matthews Vi Nguyen Tara Phillips (‘96) Reynold Robertson Karen Hoffmann Kevin Keough Andrea Lehman Mike Marsh Diane Minichiello Lori Nolt Craig Pho Gael Robertson-Craig Laura Hogan (‘99) Heather Kerr (‘96) Janelle Lemieux Jaymie Matthews Harley Mintz Donna Noonan Cara Piperni Peter Robic Maureen Hogan (‘98) John Keuper John Lennox Wilmot Matthews Lois Mitchell Wesley Novotny (‘96) Kelly Pitaoulis Frank Robinson Heather Holland (‘98) Kosar Khwaja (‘94) Leanne Lewis Mina Mawani Marcia Moffat Brandon Nussey Gail Plecash Laura Robinson Jonathan Holmes (‘07) Jamie King Christopher Li (‘93) Alex Mazer (‘97) Mike Moffatt Kara O’Brien (‘01) Gerry Pond Haley Robinson (‘08) Susan Holt Jennifer King (‘98) Grace Li (‘06) Gordon McBean John Montalbano Jennifer O’Connor Jay Potter (‘02) Jesse Robson (‘05) Nancy Hopkins Joey Kish Kai Li Brian McCain Meghan Moore (‘98) Frank O’Dea Suzanne Pozak (‘95) Meghan Rodrigues Jon Hountalas Sara Knowles (‘98) Stephen Lieff Jill McCaw Mary Moran Aine O’Flynn Gail Prasad (‘98) (nee Clarke) Stephen Huddart Marlaine Koehler Jonathan Lister Rosemarie McClean Caroline Morency Karen Oldfield Deborah Preston Ryan Rodrigues Jim Hughes Mike Kogon (‘95) Nancy Lockhart Velma McColl Elizabeth Morey Julia Ouellette Leslie Quinton Wendy Roe Jessica Hughes Amy-Lee Kouwenberg (‘01) Sandra Lockyer Travis McDonough William Morneau Catherine Ouimet Jennifer Racine Michael Roland Leslie Hunter Lauryn Kronick Denis Losier Diane McGifford Kim Morris Terry Owen Shayan Rahnama (‘01) George Roter Michelle Hurtubise Meriko Kubota David Lozinski Mary McIntosh Jean Morrison Robert Pace Marie-France Raynault Michael Rothwell Smith Andrea Iaboni (‘94) Eva Kwok Chad Lubelsky Meagan McLavish (‘09) David Mosher Scott Pagan Tamara Rebanks Denis Roy Yaacov Iland (‘97) Monica Lacey Wayne Ludlow Helen McLean Chris Moss Kim Parlee Wendy Rebanks Donna Rubenstein

2014 ANNUAL REPORT | 22 2014 ANNUAL REPORT | 23 VOLUNTEERS continued PROFILE: THE RALPH M. BARFORD FOUNDATION

Jeff Sage Merilyn Simonds Laura Thompson Gary Warner Over the past five years,the Ralph M. Barford Foundation has become one of the Lucie Saint Gelais Duncan Sinclair David Thompson Trina Warren primary supporters of Loran Scholars. The foundation, which honours business Abigail Salole Lucas Skoczkowski (‘92) Ann Tierney Jaime Watt leader Ralph M. Barford, C.M. and his commitment to education, has invested Luise Sander Beth Skuy Tiffany Tingley (‘02) Joy Weismiller in six Loran Scholars since 2010. John Sanders Nathan Slee Kenneth Tolmie Anne Whelan Beth Malcolm, Chair of the Ralph M. Barford Foundation, joined our Board of David Sandomierski (‘97) Gary Smith Martha Tory Laura White (‘00) Directors in September 2013. Beth brings her governance experience to our Meredith Saunderson Michael Smith Warren Tranquada (‘92) Dawn Williams board through her current role at the Ralph M. Barford Foundation, as president Judy Savage Robert Smithson Beatrice Traub-Werner Lucinda Williams of Petels Corporation and as past director of GSW Inc., Teachers Across Borders Renée Savoie-Power Ekaterina Smolina (‘04) Linda Tunney Michael H. Wilson and Intercordia Canada. Natasha Sawh Kate Somers Michael Urlocker Rose Wilson Beth has served as a regional and national interviewer for the Loran Scholars Foundation. She is a graduate of Queen’s University and believes that the under- graduate years are a crucial time for nurturing leadership in young people. “Our decision to invest in Loran Scholars was very easy,” Beth says. “The foundation helps talented youth reach their full potential by pairing them with dedicated mentors and offering them access to a superb summer program, university support and a close-knit and supportive alumni community.” According to Beth, Loran Scholars are becoming trailblazers and leaders in all disciplines, from business, public service and the arts to science and technology. She adds,

Susan Scace Melissa Sonberg Steven Uster (‘97) Marva Wisdom Mark Schaan (‘97) Steve Sousa Barbara Uteck Elizabeth Witmer Vicki Schmolka Guthrie Stewart Shelley Uytterhagen Lisa Wolverton Best of all, the students that I have met Rudy Sedlak (‘97) Jane Stoyles Beth Vader (‘99) Chuk Wong are not only exceedingly intelligent and Kathy Sendall Judy Stymest Martin Valasek Peter Wong inspiring, but they are genuinely nice people Heather Senst Sunali Swaminathan Ryan Van Wert (‘98) Robert Wood who demonstrate a sense of duty to make Melissa Seth (‘04) Peter Sweeney Bhavana Varma Cornell Wright their corner of the world a better place. Nola-Kate Seymour John Swift Christine Vaughan Elizabeth Yeo Jason Shannon Michele Symons Angela Vavitsas Bev Young Beth Malcolm Manu Sharma Karen Tanner Manon Vennat Bill Young Rob Shea Dan Tarek June Verhelst Nancy Young Manuela Sheehy Deborah Taylor Bilkis Vissandjée Sarah Young Karen Sheriff Peter Taylor Roman Viveros-Aguilera Erica Zarkovich (‘98) The Ralph M. Barford Loran Scholars are Sarah Ens (2010), Sarah Burns (2011), Yafang Shi Janet Teasdale David Vlemmix (‘05) Amber Zirnhelt (‘00) Lynden Evers (2012), Soheil Koushan (2013), Sean Davidson (2014) and Kirk Wright (2014). Mamdouh Shoukri Ken Teslia Paul Vogt Pierre Zundel Don Shumka Myriam Theriault Peta Wales Jo Mark Zurel Michael Simmonds Joel Thibert (‘00) Kevin Wamsley David Zussman

2014 ANNUAL REPORT | 24 2014 ANNUAL REPORT | 25 INDIVIDUAL ANNUAL GIVING Chair’s Circle - $2,500-$4,999

Jim & Marilyn Burt Kenneth Tolmie We thank the individuals listed below for their financial contributions Mary Ann Finn Steven Uster (‘97) A in support of our mission. denotes a donor who also gave travel miles Brian Gardner (‘93) & Monica Tran Jordan Velestuk (‘99) M to mitigate the costs of national selections. indicates a monthly donor. Franca Gucciardi (‘90) Michael H. Wilson Daniel Hertz (‘08) Cornell Wright & Sarah McEvoy Visionaries’ Circle - $500,000+ L.O. Pollard Anonymous Nancy & Bob Young Lucas Skoczkowski (‘92)A Executive Director’s Circle - $1,000-$2,499

Dominic Allain (‘95) Michael Kogon (‘95) Founders’ Circle - $80,000+ Patricia Arroyo (‘92) David H. Laidley James Appleyard & Tamara Rebanks Wendy & Leslie Rebanks Gail Asper & Michael Patterson Sandra (‘94) & Rodney MacGillivray Samuel Belzberg Shannon Family Jeff Baryshnik (‘98) Rosemarie McClean Hasham Family Peter A. Brieger and Beverley Hamblin Christy McLeod Jonathan Burke Karen McRae Founders’ Circle - $25,000-$79,999 Helen Burstyn Wesley Novotny (‘96) Corey Centen (‘03) Richard Phillips Ron & Jan Brenneman Klara Michal (‘97)A Bryan P. Davies & Andra Takacs Brandi Read (‘98) William C. Graham John & Cathy PhillipsA Patrick Duncan (‘06) Loraine Ronchi (‘93) Gerald & Geraldine Heffernan Rose Wilson Paul Fahey Nadia Salvaterra (’00) Catherine Fowler Lionel & Carol Schipper Founders’ Circle - $10,000-$24,999 Peter George Tara & Rudy Sedlak (‘97) Marianne Hawkins (‘93) Jason Shannon Jalynn Bennett William Morneau Richard Ivey Mamdouh Shoukri Ken Broekaert Craig Pho & Mireille Moors Donald K. Johnson Warren Tranquada (‘92) Craig Casgrain Gerry Pond Kosar Khwaja (‘94) Wendy M. Cecil Heinz & Margaret Rieger Louise Chagnon-Bucheit Richard Rooney Bob Cluett Mark Schaan (‘97) Executive Director’s Circle - $500-$999 A Patrick & Ramona Cronin Don Shumka Teresa Alm James Downey Douglas & Ruth Grant Kevin Sullivan Mark Angelo (‘99) Jacques Dubé A Roderick MacLennan Fred R. Wright Teresa Bennett (‘94) Erin Eacott (‘93) Beth Malcolm A.B. Young Pierre Boudreault Annamaria Enenajor (‘02) Gurpreet Brar (‘00)M Graham Fox (‘93)M Chair’s Circle - $5,000-$9,999 Kelsey Cameron (‘98) Virginia Froman M Anonymous Jon Hountalas Chris Cowperthwaite (‘99) Emilie Glockner (‘96) Todd Hargarten Bill & Betty Morris Purdy & Bea Crawford Afzal Habib (‘06) Diane de Kerckhove (‘92) Adina & Jesse HelmerM Rita Devlin Marier (‘03) Andrea Iaboni (‘94)

2014 ANNUAL REPORT | 26 2014 ANNUAL REPORT | 27 Executive Director’s Circle - $500-$999 (cont’d.) Scholars’ Circle - up to $249

Yaacov Iland (‘97)M Joanne Pooley Amy Alexander (‘96)M Alex Conliffe (‘99) Hannah Gillis (‘13) Michael Laine Shayan Rahnama (‘01) Caroline Andrew Quinn Conlon (‘13) Mark Godfrey (‘06) Gaetan Lussier Grant L. Reuber, O.C. Anonymous (8) Daniela Corsetti (‘10) Brendon Goodmurphy (‘03) Emma Lyndon (‘98) David Sandomierski (‘97)M Stephanie Arbez (‘01) Caroline Crawford (‘06) Sam Gregory (‘11)M John & Sidney Madden Michael Singh (‘07) David Bailey Michael Currie (‘05) Varnit Grewal (‘13) M Sarah Michael (‘93) Martha Tory Aaron Bailey (‘11) Laura D’Angelo (‘01) Claire Gummo (‘13) M M Mary Moran Ryan Van Wert (‘98) Erica Baker (‘09) David D’Arienzo (‘11) Peter Guo (‘09) Adrian Mucalov (‘97) Karen Wilson Jesse Barke Michelle Dagnino (‘98) Ali Hamandi (‘06) Zoë Barrett-Wood (‘06) Rebecca Davis (‘00) Danika Hammond (‘13) Chris Newton-Smith (‘95) Peter Wong Connor Bays (‘08)M Brigette DePape (‘07) Alexander Harmsen (‘10) Tara Phillips (‘96) Eric Beaudoin (‘05) Max Deschner (‘09) Sara Hassani (‘07) Cynthia Beaudry (‘07) Sheiry Dhillon (‘08) Eric Haywood-Farmer (‘96)M Scholars’ Circle - $250-$499 David Bell Tushar Dhoot (‘11) Tyler Heal (‘09) Anton Andryeyev (‘01) Christopher Li (‘93) Esha Bhandari (‘01) Kathryn Dingle (‘07) Scott Henry (‘13) David & Alison Appleyard Meghan Moore (‘98)M Rick Bhullar (‘00) James DiPaolo (‘08) Emily Hilton (‘12) Alan Bays Miranda Morgan (‘99) Calee Blanchard (‘98) Kelly Doctor (‘99) James Hoffman (‘09) M Bridget Beswick (‘99)M Patrick Nadeau (‘00)M Emily Boehm Michael Douglas (‘99) Hannah Holden (‘09) Francis Dubé (‘01)M M Danielle Chahine-Iny (‘98) Marian Nemec (‘91) Polina Bogdanova (‘10) Heather Holland (‘98) Ana Boskovic (‘11) Alain Dupuis (‘06) Constance Holman (‘09) Greig Clark Jenna Newman (‘95) Jérémy Boulanger-Bonnelly (‘11)M Danya Dziedzic (‘09) Jonathan Holmes (‘07) Freda Colbourne Terry Nickerson Samuel Breau (‘05) Sarah Ens (‘10) Robyn Hooper (‘07) Don Currie Kara O’Brien (‘01) Kyla Brophy (‘06) Kristin Erickson (‘01) Lindsey Horsfield (‘02)M Melanie Derynck (‘02) Divya Pahwa (‘09) Stephen Brophy (‘10) Carson Falk (‘10) Nazim Hussain (‘01) Kim Echlin Konnie Peet Erika Burger (‘91)M Ann & Denis Falvey Mathieu Isabel (‘06) Dr. Michael Emes Christopher Proctor (‘06) Sarah Burns (‘11) Conor Falvey (‘06)M Humera Jabir (‘08) Akin Famuyide (‘04) Natasha Sawh Talitha Calder (‘09) Myriam Faucher (‘13) Melinda Jacobs (‘08)M Fred & Sharyn Hall Evan Short (‘93) & Catriana McKie Ray Cantwell (‘98) Adam Fearnall (‘08)M Francine James (‘94) Adam Hasham (‘10) Graham Smith (‘05) Brant Carson (‘99) Emma Feltes (‘04) Aneil Jaswal (‘07) Hillary Higgins (‘03) Heather SprattA,M Brianne Castonguay (‘03) Maya Fernandez (‘08) Sanasi Jayawardena (‘12) Laura Hogan (‘99)M Katherine StewartM Joanne Cave (‘09) Nadia Festinger (‘04) Elizabeth Jean Morton (‘02) Michelle HurtubiseM Linda Sun (‘07) Amy Cervenan (‘99) Woganee Filate (‘96) Ellie Jin (‘09) Sean Junor François Tanguay-Renaud (‘98) Shirley Chan Marta Filipski (‘02) Braeden Jones (‘10) Heather Kerr (‘96) Chantal Tie Karl Chastko (‘12) Danica Fisher (‘98) Charlotte Jones Jennifer King (‘98) Joshua Vanwyck (‘04) Robert Chatelain (‘01) Sonja Forstner Shannon Jorgensen (‘00) Marie-Renée Lajoie (‘04) Chuk Wong Cherie Chen (‘11)M Chanel Fournier (‘12) Janelle Joseph (‘97) Paul LarocqueM Diana Wong (‘08) Anne Cheverie (‘04) Catherine Gagné (‘08) Jean-Philippe Julien (‘01) Barry Leipsic (‘02) Alison Chick (‘01) Jenna Gall (‘10) Haley Kawaja (‘10) Jerome Chomos Winston Gamache (‘13) Shannon King (‘11) Jennifer Clark Natalie Gerum (‘05) Sara Knowles (‘98) Jonah Clifford (‘10) Julie Gibson (‘95) Priya Koilpillai (‘10) Dylan Collins (‘10) Rebecca Gill (‘07) Soheil Koushan (‘13)

2014 ANNUAL REPORT | 28 2014 ANNUAL REPORT | 29 Scholars’ Circle - up to $249 (cont.’d) PROFILE: GREAT-WEST LIFE, LONDON LIFE AND CANADA LIFE Amy-Lee Kouwenberg (‘01) Sebastian Muermann (‘13) Cole Smith (‘13) Hans KrauseM Sivakami Mylvaganam (‘11)M Kate Smolina (‘04) Great-West Life, London Life and Canada Life offer a broad portfolio of financial Lucas Kruitwagen (‘07)M Nicolas Nadeau (‘02) Feodor Snagovsky (‘09) and benefit plan solutions that serve the needs of more than 12 million people Beth Kuijpers (‘99) Kendra Naidoo (‘01) Carly Sotas (‘12) across Canada. Through their national corporate citizenship program, Stronger Ben Kunz (‘98) Claire Nantes Robert Sparrow (‘07)M Communities Together™, the companies have funded Loran Finalist and Andrew Kushnir (‘98) Kaitlyn O’Shaughnessy (‘08) Alexane St-Amant Ringuette (‘10) Provincial awards for 23 out- Michaela Kuuskman (‘07) Kevin O’Rielly Emilie Stevens (‘02) We consider our funding for the Loran Awards standing students. These students Stephen Lake (‘07) Justin Oake (‘06) Siobhan Stewart (‘08) to be an investment in the future – in young are among the top 3% of our Courtney Lancaster (‘04) Livia Ottisova (‘03) James Sully (‘02)M people with the exceptional character, service and candidate pool, and each one receives a one-time entrance Pinky Langat (‘08) Mark Ouseley (‘06) Elizabeth Sully (‘04) leadership potential to achieve personal success award valued at either $2,000 Pénélope Langlais-Oligny (‘13) Jonathan Paradis (‘08) Kailea Switzer (‘05) and contribute to vibrant communities, Hyla Lapointe (‘08) Natalie Parks (‘03) Tanya Taggart-Hodge (‘09) (provincial) or $3,000 (finalist). Jan Belanger, Vice-President, Community Relations, Charles Larson (‘03) Meghan Payment (‘13) Julianna Tan (‘11) Great-West Life, London Life and Canada Life The 2014 Great-West Life, Sammy Lau (‘10) Neil Peet (‘04) Amy Tan (‘96) London Life and Canada Life Alison Lee (‘09)M John Pegg (‘06) Rosy Teed (‘13) Loran Finalist and Provincial award recipients are Fatima Boulmalf (Laval, QC), John W. Lennox Aimee Pelletier (‘00) Joel Thibert (‘00) Quin Pon (Regina, SK), George Radner (Toronto, ON) and Isaac Wurmann Janet Lewis Kate Pereira (‘04)M Jamie Thomas-Pavanel (‘05) (Winnipeg, MB). Brianne Lewis (‘04) Lauren Phillips (‘99) David & JenniferThompson Grace Li (‘06)M Debjani Poddar (‘05) Laura Thomson (‘04) PROFILE: MCCALL MACBAIN FOUNDATION Lindsey Li (‘10) Jay Potter (‘02) Hoai-An Tran (‘08) Mimi Liu (‘10) Shawn Potter (‘06) Geneviève Tremblay (‘97) Julia LoM Richard Powers Benjamin Turner From volunteering for Welcome Week to leading the McGill Students’ Society, John Sarah Lone (‘10) Nicole Raymer (‘12) Julie Van De Valk (‘12) McCall MacBain’s undergraduate experience was a formative one. “It laid the Sophia Lu (‘07) Vanessa Redditt (‘03) Evan Vassallo (‘12)M foundation for my studies at Oxford and Harvard, and for my entrepreneurial career.” Marin MacLeod (‘09) Matthew Reid (‘05)M David Vlemmix (‘05)M John and his wife Marcy McCall MacBain established the McCall MacBain Mandeep Mahal (‘04) Cameron Revington (‘11)M Christine Wadsworth (‘06) Foundation in 2007 to improve the welfare of humanity through focused grants Birinder Mangat (‘03) Armin Rezaiean-Asel (‘11) Joshua Wales (‘04) in education, health and the environment. To invest in promising young Nyranne Martin (‘97) Dr. Robert McMurtry Alex Way (‘04) Canadians at a formative stage in their lives, they have underwritten five McCall Katie Mattina (‘09) Karen Roberts (‘00) Anne Whelan MacBain Loran Awards in 2014. Maria Maute (‘06) Jesse Robson (‘05) Laura White (‘00) M M Alexander Mazer (‘97) Jane Rowland Sylvia Wu (‘07) We need strong, dedicated and creative leadership Brian McCain Zia Saleh (‘10) Stephen Young (‘03) to achieve positive outcomes. As Loran Scholars, Jessica McCuaig (‘09) Vicki Schmolka Zachary Young (‘10) young Canadians have the opportunity to learn, Jessa McGregor Miyashiro (‘06) Alexandra Schwabe (‘09) Cameron Yung (‘12) take meaningful risks and determine how they Sadie McInnes (‘13) Leah Secord (‘10) Erica Zarkovich (‘98) can best contribute to society. Meagan McLavish (‘09) Roberta Seed Anja Zeljkovic (‘07) Matto Mildenberger (‘03) Kevin Shahbazi (‘07) Jennifer Zhang (‘05) John McCall MacBain Heather Millar (‘00)M Guarav Sharma (‘10) Tony Zhang (‘12) David-Martin Milot (‘07) Marc-André Simard (‘09) Jiawen Zhou (‘11) The 2014 McCall MacBain Loran Scholars are Lauréanne Dussault-Desrochers Elise Min (‘04) Elliot Sims (‘04) Hayes Zirnhelt (‘05) (Gatineau, QC), Sarah Greene (Tilting, NL), Kabir Nadkarni (Mississauga, ON), Victoria More (‘07) Mariana Sklepowich (‘01)M Emily Wiesenthal (Squamish, BC) and Stephen Xu (Ottawa, ON).

2014 ANNUAL REPORT | 30 2014 ANNUAL REPORT | 31 CORPORATE AND FOUNDATION Primary Benefactors - $25,000+ ANNUAL GIVING (from 1 May 2013 to 30 April 2014) Avana Capital Corporation Bragg Family Foundation Future Leaders Fund Great-West Life, London Life, and Canada Life Since our earliest days, the Loran Scholars Foundation has benefited from the support of Canadian companies and foundations that are aligned with our mission of investing in young people who demonstrate character, service and Major Benefactors - $10,000+ leadership potential. Anonymous Burgundy Asset Management Ltd. Principal Supporter - $1,000,000+ Friends of Canadian Education Friesens Corporation Lexington Park Real Estate Capital Inc. The Midloch Foundation Whitecastle Investments Limited

Benefactors - $5,000+ Primary Supporter - $500,000+ Canopy Labs Deloitte & Touche Foundation Canada E.W. Bickle Foundation Houssian Family Foundation The Morrison Foundation The Ralph M. Barford Foundation Major Donors - up to $4,999

Major Supporter - $250,000+ AGF Investments Inc. ArcelorMittal Dofasco Inc. BHP Billiton Dr. Gupta Medicine Professional Corp. Dr. Ian Sunderland Medical Prof. Corp. Edge Imaging GlobeInvest Capital Management Inc. Goldman Sachs Foundation The Temerty Family HealthBuddies Ltd. Jarislowsky Fraser Ltd. Foundation Loran Scholars Association Morneau Shepell National Leasing Raymond James Canada Foundation Associate Supporters - $75,000+ Robertson Stromberg LLP The Printing House The Taligent Group United Way of Greater Toronto United Way Ottawa

The Henry White Kinnear Foundation

Loran Alumni The Michael Young Association Family Foundation

Official Air Travel Sponsor

2014 ANNUAL REPORT | 32 2014 ANNUAL REPORT | 33 ENDOWMENT GIVING (cumulative to 30 April 2014) financials

The Loran Scholars Foundation established an endowment fund in 2008 to provide a dependable, increasing source of income to support the foundation’s mission of Over the past nine years, the Loran Scholars Foundation has steadily increased investing in young Canadians. The fund is managed by Burgundy Asset Management its asset base from $1.3 million to $9.6 million. This asset base provides us with and overseen by a volunteer committee struck by our board of directors. the necessary reserve to continue to select 30 Loran Scholars every year, knowing that we have sufficient funds to pay out all anticipated stipends to Cornerstone Supporter - $500,000+ in-stream scholars. This increase also reflects the establishment of a modest endowment fund ($4.6 million), providing our donors with a means to make a Estate of Ora Adeline Abraham Walter & Marilyn Booth long-term gift in support of promising young Canadians. One of our goals is to Lucas Skoczkowski (’92) fund a modest proportion of our annual expenditures from income earned on invested capital. Cornerstone Benefactor - $100,000+ We encourage you to review our audited financial statements, which are available at www.loranscholar.ca. Below is summarized financial information for Bob Cluett John Lindsay Morehead Fund the year ended April 30, 2014. RBC Dominion Securities ASSETS 2014 2013 $ $ Cornerstone Donor - $10,000+ Current assets 3,637,724 2,948,326 Quynh-Thuyen Tan (’92) Hilary Pearson & Michael Sabia Long-term assets 6,011,863 4,776,141 Wayne and Isabel Fox Family Foundation Lexington Park Real Estate Capital Inc. Other 9,649,587 7,724,467

LIABILITIES AND NET ASSETS

Current liabilities 1,352,756 1,303,829 Long-term liabilities 1,401,596 1,583,737 2,754,352 2,887,566

NET ASSETS

Endowment Fund 4,610,267 3,192,404 Unrestricted 2,284,968 1,644,497 6,895,235 4,836,901 9,649,587 7,724,467

2014 ANNUAL REPORT | 34 2014 ANNUAL REPORT | 35 REVENUE (Loran Scholars) 2014 2013 EXPENDITURES (Loran Scholars) $ $ without tuition Contributions 2,361,621 2,288,896 Investment income 398,237 381,169 Mentorship & Stewardship (3%) Other income 1,830 Gatherings (6%) Total Revenue 2,490,828 2,269,985

DISBURSEMENTS Stipend Grants (59%) Selections (9%) Stipend grants 1,140,500 1,188,000 Enrichment program Summer 248,703 223,045 Mentorship and stewardship 55,715 67,112 General & Gatherings (retreat, conferences etc.) 127,954 130,373 Administration (10%) Selections 180,232 148,300 Subtotal 1,753,105 1,756,830 General and Administration 190,944 192,414 Summer Program (13%) Total Expenses 1,944,048 1,949,244 Excess of revenue over expenses 815,810 722,651

Note: Our partner universities offer a matching tuition waiver for Loran Scholars. Total cost of $705,424 is based on data submitted by scholars. with tuition - see note, previous page INCOME (Loran Scholars) Mentorship & Stewardship (2%) Gatherings (5%) with tuition - see note, above Corporations (22%) Selections (7%) Interest & Other Stipend Grants (43%) Income (2%) General & Individuals (16%) Administration (7%)

Universities Summer Program (9%) (Tuition) (23%)

Tuition (27%) Foundations (22%) The W. Garfield Weston Foundation (15%) 2014 ANNUAL REPORT | 36 2014 ANNUAL REPORT | 37 Ken Broekaert Senior Vice-President, Burgundy Asset Management Loran Scholars Foundation 460 Richmond Street West Suite 502 Toronto, ON M5V 1Y1 416.646.2120 | www.loranscholar.ca

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