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 ■ 2004-05 reached By 2008 $250 million The Best Medicine 250 campaign has the goal of raising a ■ 2003 launched total of $4oo million 200 s The Best Medicine r a l campaign l o Phase II D 150 f o s n 2001 o ■ i l l raised $150 million 100 i 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