loran scholar program 2012 annual report

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2012 ANNUAL REPORT BOURSIERS SCHOLARS

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The Canadian Merit Scholarship Foundation grants Loran Awards to talented young Canadians on the basis of character, service and leadership potential.

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Page 1: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 1

2 0 1 2 A N N U A L R E P O R T

BOURSIERS

S C H O L A R S

Page 2: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 2 2012 ANNUAL REPORT | 3

TABLE OF CONTENTS

Letter from CEO & Chair 4

Results 6

Selection Process 8

2012 Scholars 9

University Partnership 11

Mentoring 12

Scholar Gatherings 14

Summer Program 16

Volunteers 22

Donors 27

Financial Information 34

Board & Staff 38

The Canadian Merit Scholarship Foundation, founded in 1988, is a national charity that works in partnership with Canadian universities, donors and volunteers throughout the country to invest in young Canadians who demonstrate character, commitment to service and leadership potential. The foundation is governed by an independent board of directors.

MISSION STATEMENTWe are committed to the greatest of Canada’s natural resources: our youth.

We work to identify and support talented students who show promise of leadership and a strong commitment to service in the community.

We fund these citizens to study on Canadian campuses, to the benefit of their future and ours.

RIGOROUS SELECTION PROCESS

We look for qualities in our scholars that a transcript alone cannot show: personal integrity and character; commitment to service and an entrepreneurial spirit; breadth in academic and extra-curricular interests; strongly developed inner-directedness; and outstanding overall potential for leadership. Through a series of assessment and personal interviews, we select the top 30 of approximately 3,800 applicants as Loran Scholars. We also grant 80 one-time entrance awards.

LONG-TERM INVESTMENT IN POTENTIAL

We provide Loran Scholars with a renewable award comprising an $9,000 living stipend matched by a tuition waiver from one of our 25 partner universities. We 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 provide $8,500 in funding for three kinds of scholar-initiated summer internships (private sector, public policy and personal/community development). We also pair scholars with mentors who will challenge them and introduce them to their new community. We expect scholars to use these opportunities to broaden and enrich their academic studies.

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 spend seven days together in Algonquin Park as part of their orientation expedition before they begin university. All scholars are invited to our annual four-day national scholars’ retreat. Our past scholars organize their own Connexion weekend every three years. We know the value of these relationships and take care to nurture them.

mission

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The past year is an important one in the history of the Loran Scholar program. Even as one of our principal donors, The W. Garfield Weston Foundation, began to wind down its support, several donors stepped up with new donations and/or multi-year commitments, demonstrating convincingly the old adage that with each challenge comes opportunity. In 2012, 19 major donors are underwriting scholarships for more than two-thirds of the Class of 2012.

Loran Scholars play increasingly critical roles in stew-arding this enterprise. They serve as volunteers, mentors, staff members, summer internship employers and donors. This year, alumni gathered for the second Connexion weekend planned and funded by alumni themselves. They also set a new record of personal giving. To date, 74% of 347 alumni have donated to the Loran Scholar program. Last year, they comprised 56% of our annual donors. This sends a strong message that those who know the program best are willing to invest in future classes of Loran Scholars.

The enrichment program continues to get better. The summer program provides the practical means for scholars to use the time between academic terms pro-ductively. For example, Erica Baker (2009 Loran Scholar) worked as a Junior Policy and Research Analyst at the Assembly of First Nations, Ali Schwabe (2009 Loran Scholar) worked with the talent acquisi-tion strategy team at Shoppers Drug Mart, and Devon Jackson (2011 W. Garfield Weston Loran Scholar) was the assistant director for The Globe Theatre’s adapta-tion of The Comedy of Errors with a cast of Afghan actors and musicians. The project rehearsed and toured in India, England, and Germany. Our staff members encourage scholars to venture beyond their comfort zones and to gain meaningful job experience in different sectors and cultural settings. The orienta-tion expedition and annual scholars’ retreat provide the time and place for scholars to build lasting rela-tionships with each other and with the Foundation.

A key piece of the enrichment program is the time our mentors invest in our scholars. Thirty outstanding Canadians committed to mentoring our newest class of Loran Scholars last year, for a total of 248 people who have participated in our mentoring program. Current mentors include CEOs of businesses and non-profits, public sector executives, social entrepreneurs, members of the Order of Canada, writers, and professionals in a wide variety of other fields. They exemplify our values of character, service and leadership and serve as role models to our scholars.

Thanks to our unique partnership with Canada’s leading universities, we leverage the private donations we receive to invest significantly in every Loran Scholar. A living stipend of $9,000 matched by a tuition waiver from a partner university provides a measure of financial independence that allows our scholars to make program choices that are best for them. To our 25 partner universities, now including Ryerson University, thank you for your continued trust and commitment.

Our nationwide network of more than 500 volunteers remains one of our organi-zation’s most important assets. Their keen insight and good judgment enables us to select students of outstanding character who demonstrate great potential for leadership each year. Further, we are pleased to have welcomed several dynamic leaders onto our Board in the past year, including Ken Broekaert, Nancy Lockhart, Meghan Moore (W. Garfield Weston Loran Scholar ’98), Mamdouh Shoukri, The Hon. Michael Wilson, and Nancy Young. Thank you to all of our volunteers who provided over 8,000 hours of volunteer service last year.

The Loran Scholar program is without doubt the premier independent, nationally competitive undergraduate award in the country. To date, we have granted more than $21 million in scholarships to more than 2,100 students over the last two decades. We are confident that with your continued, generous investment in identifying, nurturing and supporting young Canadians of exceptional promise, the Foundation will continue to be a leader in educational philanthropy and play a vital role in building a better future for all Canadians.

Warm regards,

Franca and Peter

LETTER FROM CEO & CHAIR

Peter George, C.M., O.OntChair

Franca Gucciardi (Loran ‘90)Executive Director & CEO

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RESULTS SO FAR

The breadth and depth of Loran Scholars may be difficult to capture, but Class of 1990 Loran Scholar, Sam Wong identified a common thread that connects most scholars: “The scholarship challenged me to go further, to extend myself, and to encourage others to do the same. These values continue with me today.”

For example, Graham Fox (Loran Scholar ‘93), who studied politics at Queen’s, recently became the youngest president and CEO of the Institute for Research on Public Policy. George Georghiades (‘95), a graduate of the Ivey business program at Western, transitioned from a successful career in management con-sulting with McKinsey & Co. to start his own real estate company in Kitchener-Waterloo.

François Tanguay-Renaud (‘98) earned tenure at York University, where he teaches at Osgoode Hall Law School and runs a research centre on transnational law. Two of his fellow scholars from the class of 1998, Michelle Dagnino and Heather Holland, are executive directors of Canadian charities.

On the business front, scholars are succeed-ing while pursuing entrepreneurial paths. Lucas Skoczkowski (’92) is the founder and CEO of Redknee Solutions Inc., a mobile software company listed on the Toronto Stock Exchange. Corey Centen (‘03), a graduate of the biomedical engineering program at McMaster, invented the CPRGlove, worked to commercialize it, and then sold the product to a major manufacturer in the United States. Breanne Everett (‘02), a Calgary-based plastic surgery resident, invented a sensor to mitigate the loss of sensation in the feet associated with diabetes and has founded a company to man-ufacture and distribute the device.

The younger cohort of Loran Scholars is also meeting our high expectations for academic achievement, leadership and service. Over 93 per cent of scholars graduate in good standing, while also taking on significant leadership roles on-campus. In the spring, two scholars from the class of 2008, Adam Fearnall and Siobhan

Stewart, were elected president of their respective student bodies at Western and McMaster. Paulina Bogdanova (’10) was selected as head girl of Trinity College in the University of Toronto.

More than 80 per cent of Loran Scholars pursue graduate studies, many as tenants of major scholarships. Sheiry Dhillon, from the class of 2008, is the 13th Loran Scholar to become a Rhodes Scholar. Others have received Chevening, Trudeau, Vanier, Baxter, Fulbright, NSERC and SSHRC scholarships for graduate studies. In the field of law, Annamaria Enenajor (‘02) and Adela Gotz (‘03) became the fourth and fifth Loran Scholars to serve as clerks at the Supreme Court of Canada.

Our alumni are also working for leading organizations, including federal, provincial and municipal governments, the World Bank, the Canada Pension Plan, Amazon, and various hospitals, law firms, school boards, charities, management con-sulting firms and universities.

In addition to forging successful careers, our alumni remain committed to service, volunteering in a wide range of roles with local and national charities. For example, alumni are currently volunteering with the Adoption Council of Ontario, the Manitoba Agriculture Museum, the University of Ottawa Heart Institute, shelters for the homeless in New Brunswick and Camp Triumph in Prince Edward Island.

We are pleased that so many alumni are supporting the founda-tion as volunteers and as donors. To date, 74 per cent of our alumni have donated $280,000 in support of the Loran Scholar program. One third of alumni are volunteers. Given that the average age of our alumni is just 30 years, these numbers are very encouraging.

74%$280,000

of alumni have donated

in support of Loran Scholars

13 Rhodes Scholars from Canada are also Loran Scholars

Laura Thomson,W. Garfield Weston Loran Scholar ’04, is currently a PhD candidate in Glaciology at the University of Ottawa.

2005 Dominion Loran Scholar Jesse Robson, is the co-founder and managing director of Happily Ever Active in Halifax, NS.

30y e a r s o l d

the average age o f a lumni is

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Loran Scholar group photo on facing page: back row (l to r): Tristan Emiry, Megan Smith, Nathan Valsangkar, Tony Zhang, Lynden Evers, Emily Hilton, Julie Van de Valk, Turner McKay, Hayden Rodenkirchen, Alana Lapworth, Evan Vassallo, Anamjit Sivia, Simon Harmgardt, Connor Anear, Kate Morrison; front row (l to r): Karl Chastko, Emily Hodgson, Alice Gauntley, Chanel Fournier, Maurane Cloutier, Carly Sotas, Sanasi Jayawardena, Sarah Arsenault, Aanchal Ralhan, Cam Yung, Maryellen Gibson, Kaleem Hawa, Camille Pelletier Vernooy, Alexa Mouawad, Nicole Raymer.

CLASS OF 2012Connor Anear, Loran Scholar Evan Hardy Collegiate, Saskatoon, SK

Sarah Arsenault, BMO Capital Markets Loran Scholar École Pierre Chiasson, St. Louis, PE

Karl Chastko, Marilyn & Walter Booth Loran Scholar Shoal Lake School, Shoal Lake, MB

Maurane Cloutier, BMO Capital Markets Loran Scholar Cégep François Xavier-Garneau, Québec City, QC

Tristan Emiry, Applebanks Loran Scholar Espanola High School, Massey, ON

Lynden Evers, Ralph M. Barford Loran Scholar École secondaire Franco-Jeunesse, Sarnia, ON

Chanel Fournier, Loran Scholar Collège Catholique Samuel-Genest, Ottawa, ON

Alice Gauntley, Loran Scholar Humberside Collegiate Institute, Toronto, ON

Maryellen Gibson, Rebanks Loran Scholar Lacombe Composite High School, Tees, AB

Simon Harmgardt, Young Fund Loran Scholar T.A. Blakelock High School, Oakville, ON

Kaleem Hawa, BMO Loran Scholar Upper Canada College, Toronto, ON

Emily Hilton, Future Leaders Loran Scholar Sa-Hali Secondary School, Kamloops, BC

Emily Hodgson, Loran Scholar Collége Gérald-Godin, Hudson Heights, QC

Sanasi Jayawardena, BMO Capital Markets Loran Scholar Bluevale Collegiate Institute, Waterloo, ON

Alana Lapworth, Loran Scholar Churchill Community High School, La Ronge, SK

Turner McKay, WestJet Loran Scholar County Central School, Vulcan, AB

Kate Morrison, Temerty Loran Scholar Evan Hardy Collegiate, Saskatoon, SK

Alexa Mouawad, Loran Scholar École Sécondaire L’Essor, Kingsville, ON

Camille Pelletier Vernooy, Lallemand Loran Scholar Cégep de l’Outaouais, Gatineau, QC

Aanchal Ralhan, Loran Scholar Gonzaga Regional High School, St. John’s, NL

Nicole Raymer, Loran Scholar Thomas A. Stewart Secondary School, Keene, ON

Hayden Rodenkirchen, Scace Loran Scholar Kelowna Christian School, Kelowna, BC

Anamjit Sivia, Loran Scholar Western Canada High School, Calgary, AB

Megan Smith, Loran Scholar Hants East Rural High School, Nine Mile River, NS

Carly Sotas, Loran Scholar Birtle Collegiate Institute, Birtle, MB

Nathan Valsangkar, Belzberg Loran Scholar Dover Bay Secondary, Nanaimo, BC

Julie Van de Valk, Loran Scholar Waterloo Collegiate Institute, Waterloo, ON

Evan Vassallo, Redknee Loran Scholar Sir Winston Churchill Secondary School, St. Catharines, ON

Cameron Yung, Nexen Loran Scholar St. Francis High School, Calgary, AB

Tony Zhang, Loran Scholar Sir Oliver Mowat Collegiate Institute, Scarborough, ON

THE SELECTION PROCESS

We believe that a young person’s character is a better indicator of overall potential than standard academic measures. As a result, our selection process is rigorous, thorough and involves personal interviews with a talented and diverse group of volunteers.

We send our application materials to more than 4,000 high schools and CEGEPs in Canada, and we encourage each school to select and nominate the candidates who best match our selection criteria. This year, 2,024 young Canadians were recognized by their schools for their character, commitment to service and leadership potential. An additional 1,870 students applied directly.

We have established 30 regional committees and one national direct pool committee in 21 cities across Canada. More than 295 volunteers, drawn from business, education and the wider community, are involved as assessors or interviewers.

This year, our regional committees selected 352 semi-finalists for personal inter-views from an original pool of 3,894 applicants. In February, the top 76 candidates attended our national selection weekend in Toronto, where our six national committees and two national co-chairs selected our 30 newest Loran Scholars. We also granted 42 finalist awards ($3,000 ea.), 40 provincial awards ($2,000 ea.) and recognized students with honour citations (54) and semi-final-ist certificates (214).

’11-’12 3 year average

No. of applicants 3,894 3,553

Percentage of sponsored applicants 52% 53%

Est. volunteer hours for selection process 6,000 5,600

e x c e p t i o n a l o v e r a l l p r o m i s e

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UNIVERSITY PARTNERSHIP

Unique in Canada, our university partners demonstrate their trust in our selection process by waiving tuition for Loran Scholars. They also join us in stewarding scholars throughout their undergraduate studies by designating a staff member who serves as an advisor on campus. Universities with a significant number of Loran Scholars on-campus host receptions for past and present scholars, volunteers, mentors and supporters.

Atlantic CanadaDalhousie UniversityMemorial UniversityMount Allison UniversityUniversité de MonctonUniversity of King’s CollegeUniversity of New Brunswick

QuébecMcGill UniversityUniversité LavalUniversité de Montréal

OntarioMcMaster UniversityQueen’s UniversityUniversity of GuelphUniversity of Ottawa Ryerson UniversityUniversity of TorontoUniversity of WaterlooUniversity of Western OntarioYork University

PrairiesUniversity of AlbertaUniversity of CalgaryUniversity of ManitobaUniversity of Saskatchewan

BCSimon Fraser UniversityUniversity of British ColumbiaUniversity of Victoria

Since its inception, the Loran Scholar program has excelled at selecting and supporting the next generation of leaders for Canada. Its emphasis on experiential education, entrepreneurial thinking and the importance of a well-rounded undergraduate experience makes this program worthy of all our support.

Mamdouh Shoukri President, York University & Board Director, CMSF

Peter Guo (’09), Christina Klassen (’11) and mentor Hilary Pearson at the annual Loran Scholar reception hosted at McGill University.

Patrick Cronin and Eric Tripp of BMO Capital Markets

PROFILE : PATRICK CRONIN & ERIC TRIPP

We have benefited from the counsel of Patrick Cronin, Executive Managing Director & Head of Trading Products at BMO Capital Markets, since he joined our board of directors in 2009. He has interviewed candidates at the regional and national level and, along with his wife, Ramona, Pat is a major annual donor and member of the Executive Director’s Circle.

“All of the Loran Scholars we’ve met are truly outstanding. These young people are not only accomplished, they are also confident, inspiring and passionate – all qualities that we consider essential for the next generation of Canadian leaders,” says Pat.

BMO Capital Markets has been one of our biggest supporters since they joined us eight years ago. Over that time, through its Equity Through Education program, the company has underwritten 24 BMO Capital Markets Loran Awards, each now valued at $80,000, for young women from all over Canada: from Victoria, BC to Biggar, SK to St. Louis, PEI. The bank has also offered enterprise internships to scholars through our summer program.

Equity Through Education is a charitable initiative aimed at creating a more diverse workplace by offering support to help bright, deserving people realize their educational ambitions by giving them opportunities they might not otherwise have.

“We need leaders in every domain and every organization, which is why BMO Capital Markets is a proud supporter of the Loran Scholar program. Through our Equity Through Education initiative, we have invested $1,825,000 in a diverse group of scholars, all of whom show potential as leaders,” says Eric Tripp, President, BMO Capital Markets.

All of the Loran Scholars we’ve met are truly outstanding. These young people are not only accomplished, they are also confident, inspiring and passionate – all qualities that we consider essential for the next generation of Canadian leaders.

Patrick Cronin, BMO Capital Markets

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m e n t o r i n g

MENTORS FOR THE CLASS OF 2011Iris Almeida-Côté, Chief Executive Officer, The TRIGONE Group, Montreal

Bill Black, Past President and CEO, Maritime Life, Halifax

Madeline Boscoe, Executive Director, the Reach Community Health Centre, Vancouver

Tim Brodhead, Senior Fellow, Social Innovation Generation (SIG) National, Montreal

Vickie Cammack, President & CEO, Tyze Personal Networks, Vancouver

Kevin Chan, Director of Policy, Parliamentary Affairs and Research, Office of the Privacy Commissioner of Canada, Ottawa

Shirley Chan, Past CEO, Building Opportunities with Business, Vancouver

Jane Craighead, Sr. Vice-President, Total Rewards, Scotiabank, Toronto

Linda Ann Daly, Past Chair, Kingston General Hospital, Kingston

Walter Fenlon, Financial Advisor, Assante Wealth Management, Kingston

Jane Good, Past Manager of Career Education and Counselling, Queen’s University, Kingston

Cheryl Hodder, Partner, McInnes Cooper, Halifax

Stephen Huddart, President and CEO, The J. W. McConnell Family Foundation, Montreal

Don Jaffray, Executive Director, Social Planning and Research Council of Hamilton, Hamilton

Lucia Harrison, Executive Director, Kitchener-Waterloo Multicultural Council, Kitchener

Kosar Khwaja (’94), Assistant Professor, Trauma Surgery and Critical Care Medicine, McGill University, Montreal

David Laidley, Chairman Emeritus of Deloitte & Touche LLP, Montreal

Laurie Lashbrook, President, Lashbrook Marketing & Public Relations, London

Nancy Lockhart, CAO, Frum Development Group, Toronto

Judith Marcuse, Co-Director, International Centre of Art for Social Change, Vancouver

Hilary Pearson, President & CEO, Philanthropic Foundations Canada, Montreal

Tamara Rebanks, Vice President, Community Affairs, George Weston Limited, Toronto

Sidney Ribaux, Co-founder & Executive Director, Équiterre, Montreal

Mike Ridley, Chief Information Officer, University of Guelph, Guelph

Norman Riddell, President, SOGERI Consultants, Ottawa

Karen Sheriff, President & CEO, Bell Aliant, Halifax/Toronto

Merilyn Simonds, Artistic Director, Kingston WritersFest, Kingston

Michael Urlocker, Director, Equity Research, GMP Securities, Toronto

Peter Wong, Vice President, Investment Advisor, Raymond James, Vancouver

Our growing national network of donors, alumni and volunteers is one of our greatest assets. Since 2005, the one-on-one mentorship program has involved 248 mentors, 118 of whom are mentoring current Loran Scholars. Mentors commit to sharing their experiences and networks with the scholars and also act as role models and advisors.

To build connections between mentors and scholars, senior fellows have convened gatherings for more than 100 mentors and scholars in Vancouver, Toronto, Kingston, Ottawa, Montreal and Halifax.

PROFILE : ROSE WILSON & EMMA HERRINGTON

Originally from Orillia, Ontario, Emma Herrington (Loran Scholar ‘10) is a third-year student at Dalhousie University where she is majoring in neuroscience in the integrated science program. On-campus, Emma is the president of the Dalhousie Science Society, wrestles competitively and is past-president of Smith House. During her two summers so far, Emma volunteered in a hospital in Moldova and interned at Apple Athletic Products in Ontario.

Upon moving to Nova Scotia, Emma was paired with Rose Wilson, co-chairwoman of Wilsons Fuel, through the Loran mentorship program. Rose, a 2011 Red Cross Humanitarian Award recipient, is well-known for her tireless efforts to contribute to the Halifax community. She is particularly supportive of youth in the region and is a major donor to the Loran Scholar program.

Emma was struck by her mentor’s openness from the very beginning: “Rose is unbelievably successful and yet, when you meet her, you are not overwhelmed by an ego. Her humility is something that I have tried to emulate since the day we met.”

Rose and Emma’s mentor-mentee relationship extends beyond the casual conversation: “The beauty of my relationship with Rose is that she believes fully in my ability to complete any task. I work best when I talk through decisions with someone I hold in high regard. Our discussions help me to explore my options.”

Rose also believes in the value of the reciprocal mentoring relationship, “It is an honour to be invited to mentor a young person with such strong potential for leader-ship and energy to contribute to her community. Further, the rewards are tremendous. Emma is like a member of our family now.”

The beauty of my relationship with Rose is that she believes fully in my ability to complete any task. I work best when I talk through decisions with someone I hold in high regard. Our discussions help me to explore my options.

Emma Herrington

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With 118 scholars studying throughout Canada at 19 different universities, we believe strongly in the value of establishing a national community of scholars who inspire and motivate each other. To this end, each year we bring scholars together for an orientation expedition, national scholars’ retreat, regional events and our national scholars’ forum. We also provide an online space for past and present scholars at www.loranscholar.ca and on LinkedIn.

ORIENTAT ION EXPEDIT ION

A multi-year pledge from Nancy and Bob Young continues to bring each new class of Loran Scholars together to participate in an outdoor expedition. The week-long trip provides scholars with an opportunity to challenge themselves physically, gain confidence

in taking risks and work productively in a team setting. It also builds a shared sense of identity amongst the incoming class of Loran Scholars before they disperse across Canada to begin their first term at university.

This year the incoming Class of 2012 scholars split into one hiking and two canoeing groups before venturing into Algonquin Park. Scholars covered up to 10 km a day and pitched camp every night, carrying their gear and food with them. This wilder-ness experience was a first for many. A 24-hour solitary period in the middle of the expedition and several days of rain added extra elements of challenge this year.

This is our fourth year partnering with Outward Bound to deliver this program. Since its inception in 2009, there has been a noticeable impact on scholars’ relationships with one another as the Loran Scholar community grows more cohesive every year.

a c o m m u n i t y o f s c h o l a r s

SCHOLARS’ RETREAT

Upon completion of the orientation expedition, the incoming scholars joined their upper-year counterparts at the annual Scholars’ Retreat. This year, 83 scholars, eight staff members and several alumni gathered to highlight peer-to-peer learning, role modeling, and reflection.

During the weekend, alumni facilitated sessions about the value of learning from failure and how to maximize opportunities in your career and community. Scholar- and staff-led sessions provided tips to pursue summer plans outside of your comfort zone and ideas to improve service activities. This retreat was the largest gathering of current scholars to date.

NAT IONAL SCHOLARS’ FORUM

As is tradition, first- and fourth-year scholars were invited to attend the national selection weekend to participate in the annual Scholars’ Forum and assist with interviews. The forum consisted of workshops and plenaries led by scholars, alumni, staff and guests.

Highlights of the forum included a case-based discussion on trust, reputation and ethical leadership led by Rotman business professor and former director of CMSF, Rick Powers; alumni-led sessions investigated what constitutes a classroom and what counts as education, as well as how to integrate the Loran values into the transition out of undergraduate studies. Fourth-year scholars facilitated a discus-sion titled, “What We Wish We Had Known” with first-year scholars that rounded out the day.

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PROFILE : D IVYA PAHWA

Originally from Saskatoon, Divya Pahwa (Loran Scholar ’09) graduated from Walter Murray Collegiate Institute, where she served as co-editor of the school paper, head of the environmental club and chaired the student ambassador council for Kids Help Phone.

After being selected as a Loran Scholar, Divya decided to move to Montreal to study at McGill University. Now a fourth-year student in sociology and marketing, she serves as treasurer of a campus political club and was a delegate to the G8/G20 youth summit in Paris, France. In the wider Montreal community, she volunteers with a literacy initiative for at-risk youth. She also writes for the McGill career services blog about career advice and issues facing young women in the workplace.

Divya’s summer experiences have complemented and broadened her academic studies. During the summer after

her first year at McGill, Divya volunteered with SIDART, an NGO in Jaipur, India. She helped to lead focus group discussions with politically involved women and researched de-centralized govern-ments, education and women’s empowerment in politics. “My summer working with SIDART taught me the most about people, exercising patience, and how people define value in their lives,” says Divya. “It was fascinating to understand and learn why my co-workers value kinship and loyalty so much and how family influences the decisions a young person makes.”

For her second summer, she interned at the Johnson-Shoyama Graduate School of Public Policy in Saskatoon. Building on her experience the previous summer, she researched and wrote a paper on federalism, social policy, the welfare state and health care in India.

For her third summer, Divya worked at Loblaw Companies in Brampton. She interned in product development, project management and marketing, with a focus on new gluten-free products. “Working for such a large company I was expected to learn a lot on my own. From a business perspective, it was quite possibly the best learning experience I’ve had in the past four years,” she says.

Over the course of their undergraduate studies, scholars are expected to gain work experience in the private and public sectors in Canada and abroad. Staff members support scholars by establishing partnerships with leading companies and organiza-tions, such as Social Capital Partners, the Consulate General of Canada in Vietnam and the Martin Prosperity Institute. In 2011, 28 internships were made available to scholars through the Foundation. Scholars are also encouraged to connect to our extensive network of donors, alumni and volunteers. They can access up to $8,500 in order to plan three unique and challenging summer experiences.

1. An enterprise internship: Scholars develop skills in a for-profit environment and learn about leadership in the business world. For example, 2010 BMO Capital Markets Loran Scholar Sarah Lone was a Social Responsibility Research Assistant with Teck Resources Ltd, a mining company with 9000 employees worldwide.

2. A public policy internship: Scholars gain experi-ence with Canada’s policy-making process, in its partisan or non-partisan forms, and are exposed to institutions that influence public policy in Canada. For example, 2010 Loran Scholar Dylan Collins interned with the British Columbia Centre for Disease Control, where he researched policies to widen access to an opioid antidote.

3. Personal and/or community development: In Canada or abroad, scholars participate in projects that take them outside of their academic and personal comfort zones. For example, 2009 W. Garfield Weston Loran Scholar Tyler Heal helped to lay the ground-work for a new Arctic service-learning project for the University of Alberta’s engineering department in Pangnirtung, Nunavut.

The summer program has exceeded my expectations, says Divya. I had no idea there was so much adventure and learning in store for me. It’s been an incredible ride.

Divya Pahwa

s u m m e r p r o g r a m

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In late September 2011, alumni, scholars and their guests gathered in Toronto for the second Connexion weekend. On Friday, Klara Michal (‘97) hosted an informal reception that gave alumni an opportunity to meet and catch up with each other.

Ilse Treurnicht, CEO of the MaRS Discovery District, kicked off Saturday with a morning keynote address. She challenged alumni to consider the innovation impera-tive we face as a nation and called on a new generation of leaders to usher in this new knowledge economy.

The theme, “Unconventional Leaders in an Open World”, included six interactive panels involving 16 speakers on topics related to the theme, including the future of health care, innovation in public policy and the public sector, urban environmental-ism, unconventional education, rural Canada and the open Internet.

Naheed Nenshi, Mayor of Calgary, was the highlight of the evening as he delivered a keynote address outlining his “politics in complete sentences” approach. An excerpt of Mayor Nenshi’s speech was later aired on CTV’s W5 program.

An alumni brunch on Sunday concluded the weekend. Alumni spoke about the value of the personal connections forged through the alumni network and partici-pated in a brainstorming session led by Chris Cowperthwaite (‘99), the incoming coordinator of the alumni association.

Writing about the weekend later an alumna said she would strongly recommend the Connexion experience, stating: “The inspiration, the confidence and the sense of potential you walk away with is really remarkable. Plus, the desire to continue to achieve, work hard to serve your community, and to build meaningful connections with people is invaluable.”

PROFILE : GEORGE GEORGHIADES

Almost three years ago, George Georghiades (Loran Scholar ’95) and his brother Nickolas started Lexington Park Real Estate Capital Inc., a premier real estate invest-ment and asset management firm in Waterloo. Focused on the growing region of Kitchener-Waterloo, the firm manages a broadly diversified portfolio of retail, office, and multi-residential assets totaling over $135 million. Beyond generating returns, the firm strives to create sustainable new and repurposed assets that serve the long-term interests of the communities in which it operates.

Being selected as a Loran Scholar and having the opportunity to study at Huron College and the Richard Ivey School of Business was a life-changing experience for George. “I was very comfortable in Waterloo. But it was great to be plucked out and be immersed in a new environment with the resources and time to think about what I wanted to do and who I wanted to be. Without the award, I would never have been able to study away from home,” he says.

George was a residence don for two years and served on a number of Ivey committees. Through his mentor, Paul Hayman, fellow scholars and other contacts in the foundation’s network, he found summer internships at Co-operators Insurance, HSBC Bank Canada and Ballantyne Systems.

Upon graduating from Ivey, George joined McKinsey & Company as an analyst and spent nearly a year in Greece helping to establish the firm’s Athens office. After two and half years, he then went to work on special projects within CIBC’s Retail Markets group.

George earned an MSc in real estate economics and finance from the London School of Economics and an MPA from the Kennedy School at Harvard University before returning to McKinsey. He held progressively senior roles and was primarily focused on alternative investments, real estate and private equity. In conjunction with his academic studies, his time at McKinsey provided the content knowledge that he needed to launch Lexington Park with his brother.

George is a strong supporter of the Loran Scholar program. He mentored a scholar who attended Western, was the first alumnus to serve on the board of the foundation, and currently chairs the selection committee in Kitchener-Waterloo/Guelph. Through Lexington Park, he is also a major donor. “To be competitive globally, we need to invest significantly in talented young Canadians,” he says. “Just a few people can have a huge impact on the world. We need to give them an option to excel here in Canada and the Loran Scholar program does that – one student at a time.”

It’s easy to give back to an institution that has helped shape my life.

George Georghiades

Page 12: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 22 2012 ANNUAL REPORT | 23

Sergio Acuna Mancilla

Joel Adams

Megan Adams

Alice Adelkind

Amanda Affonso

Dorinne Ah-Kam

Lauren Albrecht (‘01)

Brent Allison

Teresa Alm

Iris Almeida-Coté

Anne Andermann

Caroline Andrew

Amy Andrews Alexander (‘96)

Mark Angelo (‘97)

James Appleyard

Louise Arkle

Ted Aubut

Mary Lou Babineau

Anne Catherine Bajard

Lauren Baker

Karim Bardeesy

Stephanie Barker

Katie Barnes-Prior

Allison Barrett-George

Debbie Barton Moore

Jeff Baryshnik (‘98)

David Bell

Hannah Bell

Teresa Bennett (‘94)

Vali Bennett

Louis Bernatchez

Lyle Best

Bridget Beswick (‘99)

Mebrat Beyene

Benoit Bisaillon

Bill Black

Rob Black

Calee Blanchard (‘98)

Randy Boissonnault

Madeline Boscoe

Julie Clare Boudreault

Marina Boulos

Andreea Bourgeois

Marg Bowman

Cory Brake

Gurpreet Brar (‘00)

Samuel Breau (’05)

Jeff Brison

Scott Brittain

Alan Broadbent

Tim Brodhead

Ken Broekaert

Elizabeth Bronson

Kyla Brophy (‘06)

Joseph Brubaker

Dinu Bumbaru

Erika Burger (‘91)

Kate Burke

Helen Burstyn

François Cadieux (‘05)

Kelsey Cameron (‘98)

Lindsay Cameron

Vickie Cammack

Valerie Campbell

Wendi Campbell

Ray Cantwell (‘98)

Derek Carlisle

Sharon Carstairs

Sheila Casgrain

John Cawley

Wendy Cecil

Amy Cervenan (‘99)

Louise Chagnon-Bucheit

Mark Chamberlain

Kevin Chan

Shirley Chan

Alice Chan-Yip

Robert Chatelain (‘01)

Tameeza Chatur

Priscilla Chen

Steve Chipman

Jerome Chomos

Jeeshan Chowdhury (‘00)

Jennifer Clapp

Jennifer Clark

Meghan Clarke

Andrew Clement

Lisa Cline

Robert Cluett

Ruth Ann Companion

Alex Conliffe (‘99)

Martin Connell

Meg Connell

Megan Conway

Sean Conway

George Cooke

Aline Cool

George Cooper

Michele Corbeil

Priscilla Corcoran Mooney

Dave Cormier

Christine Corston

Stephen Couchman

Yvan Couture

Chris Cowperthwaite (‘99)

Philip Cowperthwaite

Christine Cowtan

Jane Craighead

Caroline Crawford (‘06)

Purdy Crawford

David Crombie

Patrick Cronin

Michael Currie (‘05)

Ruth daCosta

Ann Dadson

Michelle Dagnino (‘98)

Kit Dalaroy

Linda Ann Daly

Lisa Dalziel

Elaine Davies

Annabelle DeGouveia

Paul Dekar

Lisa Demers

Rose-May Demore

Jean Dennie

Melanie Derynck (‘02)

Brian Desbiens

Mohamed Dhanani

Adrienne di Paolo

Cam di Prata

Sarah Dickson

Lauren Dobell

Kelly Doctor (‘99)

Alix Dostal

Vaughan Dowie

James Downey

Andrea Drager

Jacques Dubé

Peter Dueck

Wendy Duff

Nora Duke

Martin Dumas

Carly Dunster

Kim Dupre

Erin Eacott (‘93)

David Eaves

Kim Echlin

Lyle Eide

Susan Eide

Pearl Eliadis

Michael Emes

Kristin Erickson (‘01)

Breanne Everett (’02)

Paul Fahey

Kevin Fairs

Conor Falvey (‘06)

Johnny Fansher

Kevin Farrell

Sarah Farrell

Walter Fenlon

Andrea Feunekes

Marta Filipski (‘02)

Mary Ann Finn

Julie Firestone

Brenda Fitzgerald

Normand Fortier

Catherine Fowler

Graham Fox (‘93)

Renzo Francescutti

Evan Fraser

Graham Fraser

Diane Freeman

Charlotte French

David Friesen

Virginia Froman

Janet Frood

Rick Frost

Guy Fuller

Kathleen Gallagher

Carolina Gallo Richer La Flèche

Brian Gardner (‘93)

Peter George

George Georghiades (‘95)

Frances Gertsch

Natalie Gerum (‘05)

Melissa Gibaldi (‘04)

Julie Gibson (‘95)

Mark Gifford

Scott Gilmore

Eric Gionet

Patrick Giroux

Jonathan Glencross

Steve Glickman

Nicki Glowacki

Jane Good

Ida Goodreau

Douglas Grant

Pierre-Luc Gravel

James Gray

Jerry Gray

Loree Gray

Shari Graydon

Kelly Grindrod

Harry Grossmith

Wojciech Gryc (‘04)

Bill Guest

Luther Haave

Frederick Hall

Louise Hamel

Darlene Hammell

Leanne Hammond Komori

Lucy Hanes Chatham

Debbie Hanlon

Ian Hanna

Rick Harcourt

Dylan Hardy

Patricia Harris

Lucia Harrison

Robert Hawkes

Anne Hebert

Gerard Heffernan

Cheryl Heinzl

David Helliwell

Meghan Henry

Claire Hepburn

Les Herr

Hillary Higgins (‘03)

Garry Hilderman

Alex Himelfarb

Terrence Ho

Cheryl Hodder

Karen Hoffmann

Laura Hogan (‘99)

Heather Holland (‘98)

Jonathan Holmes (‘07)

Since inception, our selection process has relied on a network of dedicated volun-teers who assess and interview candidates. We recruit volunteers from a variety of sectors and careers who are demonstrating in their own lives the very values we look for in our scholars. Our small staff of seven employees works at the centre of this national network.

From the directors on our board to the interviewers and assessors to the mentors who commit to four years of advising a scholar, it is only through the work of volunteers that we are able to deliver such an effective enrichment program. Last year, more than 500 volunteers gave more than 8,000 hours of their time. We thank the indi-viduals 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 potential.

v o l u n t e e r s

Page 13: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 24 2012 ANNUAL REPORT | 25

Grant Hopcroft

Nancy Hopkins

Jon Hountalas

Stephen Huddart

Renée Hudon

Jim Hughes

Michelle Hurtubise

Andrea Iaboni

Yaacov Iland (‘97)

David Ingram

Nicole Israel (‘99)

Humera Jabir (‘08)

Tim Jackson

Don Jaffray

Francine James (’94)

Ed Jernigan

Michael Johnston

Craig Jones

Seth Kay

Allison Keating (‘04)

Anthony Keating

Carol Kehoe

Ruth Kelly

Kevin Keough

John Keuper

Ekta Khemani

Kosar Khwaja (‘94)

Candace Kielbiski

Jamie King

Jennifer King (‘98)

Joey Kish

Emilie Knoechel (‘96)

Sara Knowles (‘98)

Audrey Kobayashi

Michael Kogon (‘95)

Amy-Lee Kouwenberg (‘01)

Norman Labrie

David Laidley

Scott Landgraff

Jane Lapointe

Viviane Lapointe

Paul Larocque

Laurie Lashbrook

Sylvie Lauzon

Tracy Lavin

Patrick Lawlor

Doug Lawson

Stéphane LeBlanc

Marie Leblanc-Kerr

Linda Leith

Richard Lemon

John Lennox

Richard Lessard

Pat Letizia

Peter Leuprecht

Leah Levac

Leanne Lewis

Christopher Li (‘93)

Grace Li (‘06)

Alison Loat

Nancy Lockhart

Sandra Lockyer

Charles Loewen

Chad Lubelsky

Wayne Ludlow

Gaëtan Lussier

Marie-Claire Lussier-Desbiens (‘05)

Emma Lyndon (‘98)

Jeanette Lynes

Kurt Lynn

Mary MacDonald-Pickering

Rhiannon MacDonnell

Sandra MacGillivray (‘94)

Jim Mackey

Peter MacKinnon

Roderick MacLennan

Michael MacMillan

Antonia Maioni

Beth Malcolm

Zahra Mamdani

Sharon Manson Singer

Judith Marcuse

Verlie Martin

Marilyn Mason

Jaymie Matthews

Judy Matthews

Ashif Mawji

Arthur May

Alex Mazer (‘97)

Donald Mazer

Gordon McBean

Brian McCain

Jill McCaw

Rosemarie McClean

Velma McColl

Kim McConnell

Helen McEvoy

Sandy McFadden

Désirée McGraw

Mary McIntosh

Helen McLean

Anne McLellan

Christy McLeod

Axel Meisen

Sylvie Mercier

Klara Michal (‘97)

Christian Michaud

Sandi Mielitz

Heather Millar (‘00)

Diane Minichiello

Sam Minniti

Usha Mittoo

Jessica Moe (‘04)

Mike Moffatt

John Montalbano

Meghan Moore (‘98)

Mary Moran

Michael Moreau (‘98)

Caroline Morency

Elizabeth Morey

David Morin

Isabelle Morin

Françoise Morissette

William Morneau

Kim Morris

David Mosher

Christine Moss

Kristen Munro

Susan Murley

Shawn Murphy

Kyleen Myrah

Nicolas Nadeau (‘02)

Patrick Nadeau (‘98)

Kendra Naidoo (‘01)

Ted Needham

Byron Neiles

Naheed Nenshi

Jennifer Newcombe

Chris Newton-Smith (’95)

Martha Nixon

David Noble

Donna Noonan

Wesley Novotny (‘96)

Mark Nyvlt

Janice O’Born

Daniela O’Callaghan (‘01)

Jennifer O’Connor

Jeremy O’Krafka

Liz O’Neill

Vivienne Ojala

Sharon Olmstead

Catherine Ouimet

Mark Ouseley (‘06)

Terry Owen

VOLUNTEERS cont inued

VOLUNTEERS cont inued

PROFILE : THE HON. MICHAEL WILSON, P.C. , C .C.

Well-known for his work as federal Minister of Finance and later as Canada’s Ambassador to the United States, The Honourable Michael Wilson joined the Board of the Canadian Merit Scholarship Foundation in 2012. He brings a wealth of expe-rience from his distinguished career in Canadian public life as a politician, diplomat, business leader and community volunteer to our board.

“The Loran Scholar program, with its emphasis on identifying and nurturing strong character in young Canadians who are making practical contributions to communi-ties across the country, is a key means of investing in the future prosperity of Canada. I am proud to serve on the board,” says Mr. Wilson, who is Chairman of Barclays Capital Canada.

Mr. Wilson is a strong supporter of higher education. He is a graduate of Trinity College and currently serves as Chancellor of the University of Toronto. In 2010, he was promoted to Companion of the Order of Canada for his outspoken advocacy in the field of mental health and for his contributions to public service, both in Canada and on the international stage.

Sevaun Palvetzian

Marc Paquin

Sandra Patterson

Lianne Paturel

Martin Pearce

Matthew Pearce

Hilary Pearson

Landon Pearson

Ian Peer

Carole Pelletier

Kate Pereira (‘04)

Laura-Julie Perreault

Ann Peters

Cathy Phillips

John Phillips

Tara Phillips (‘96)

Craig Pho

Lawrie Pollard

Gerry Pond

Rick Powers

Gail Prasad (‘98)

Deborah Preston

Christopher Proctor (‘06)

Ene Querney

Jennifer Racine

Marie-France Raynault

Brandi Read (‘98)

Tamara Rebanks

Wendy Rebanks

Matthew Reid (‘05)

Sylvie Renault

Grant Reuber

The Loran Scholar program, with its emphasis on identifying and nurturing strong character in young Canadians who are making practical contributions to communities across the country, is a key means of investing in the future prosperity of Canada. I am proud to serve on the board,

The Honourable Michael Wilson

Page 14: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 26 2012 ANNUAL REPORT | 27

Vis ionar ies ’ C i rc le - $500 ,000+

Estate of Ora Adeline Abraham

Walter and Marilyn Booth

Nancy & Bob Young

Founders ’ C i rc le - $75 ,000+

Anonymous

Anonymous

Samuel Belzberg

Craig Casgrain

Tamara Rebanks & James Appleyard

Wendy & Leslie Rebanks

Founders ’ C i rc le - $25 ,000-$74 ,999

Gerald & Geraldine Heffernan

Robert Cluett

Klara Michal (‘97)A

John & Cathy Phillips

Rose Wilson

Founders ’ C i rc le - $10 ,000-$24 ,999

Wendy M. Cecil

Patrick & Ramona Cronin

William Morneau

Craig Pho & Mireille Moors

Richard Rooney

Mark Schaan (‘97)

Kevin Sullivan

Quynh-Thuyen Tan (’92)

Fred R. Wright

Ben A. Young

INDIVIDUAL ANNUAL GIVING

We thank the individuals listed below for their financial contributions in support of our mission. A denotes a donor who also gave travel miles to mitigate the costs of national selections. M indicates a monthly donor.

(from 1 May 2011 to 30 April 2012)

Sidney Ribaux

Doug Richardson

Emma Richardson

Lindsey Richardson

Norman Riddell

Mike Ridley

Nada Ristich

Joy Roberts

Peter Robic

Haley Robinson (‘08)

Peter Robinson

Bruno Rocca

Ryan Rodrigues

Meghan Rodrigues

Wendy Roe

Tina Rogers

Richard Rooney

Jane Rounthwaite

Kate Rounthwaite

Jane Roy

Lucie Saint Gelais

Abigail Salole

Nadia Salvaterra (‘00)

David Sandomierski (‘97)

Matthew Sardina

Meredith Saunderson

Judy Savage

Philip Savage

Andrée Savoie

Roberta Sawatzky

Natasha Sawh

Susan Scace

Mark Schaan (‘97)

Vicki Schmolka

Lyle Schwartz (‘96)

Rudy Sedlak (‘97)

Hersh Sehdev

Nola-Kate Seymoar

Steve Shannon

Jason Shannon

Mike Shaver

Allan Shaw

Karen Sheriff

Yafang Shi

Mamdouh Shoukri

Don Shumka

Robert Silverman

Michael Simmonds

Merilyn Simonds

Elliot Sims (‘04)

Duncan Sinclair

Lucas Skoczkowski (‘92)

Beth Skuy

Malcolm Smith

Michael Smith

Robert Smithson

Kim Steele

Erin Steuter

Judy Stymest

Linda Sun (‘07)

Peter Sweeney

John Swift

Michele Symons

Amy Tan (‘96)

Michele Leighton Symons

François Tanguay- Renaud (‘98)

Karen Tanner

Deborah Taylor

Peter Taylor

Leah Temerty Lord

Ken Teslia

Chantal Thériault

Myriam Thériault

Joël Thibert (‘00)

Patricia Thiel

Steve Thomas

David Thompson

Ian Thompson

Wendy Thomson

Chantal Tie

Tiffany Tingley (‘02)

Kenneth Tolmie

Martha Tory

Warren Tranquada (‘92)

Beatrice Traub-Werner

Moreen Tremblay

Marilyn Trenholme Counsell

Ilse Treurnicht

Janet Tryhuba

Linda Tunney

Edna Turpin

Chris Umiastowski

Michael Urlocker

Steven Uster (‘97)

Barbara Uteck

Beth Vader (‘99)

Stéphane Vaillancourt

Valérie Valiulis

Jason van Eyk

John van Nostrand

Colleen Varcoe

Bhavana Varma

Christine Vaughan

Christl Verduyn

Lynda Vézina

Bilkis Vissandjée

Román Viveros-Aguilera

David Vlemmix (‘05)

Kevin Waller

Richard Walling

Gary Warner

Jaime Watt

Ashley Weese

Joy Weismiller

Frances Westley

W. Galen Weston

Anne Whelan

Laura White (‘00)

James Wilson

Karen Wilson

Michael Wilson

Rose Wilson

Chuk Wong

Peter Wong

Sue Wong

Rob Wood

Cornell C.V. Wright

Fred Wright

John Wright

Arash Yazdani

Elizabeth Yeo

Bill Young

Nancy Young

Sarah Young

Erica Zarkovich (‘98)

Pierre Zundel

VOLUNTEERS cont inued

Page 15: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 28 2012 ANNUAL REPORT | 29

Execut ive D i rec to r ’s C i rc le - $500-$999 (cont ’d . )

Scho la rs ’ C i rc le - $250-$499

Anonymous

Ray (‘98) & Christine Cantwell

Greig & Carolyn Clark

Aline Cool

Brian Degnan

Melanie Derynck (‘02)

Michael Douglas (‘99)

James Downey

Kim Echlin

Conor Falvey (‘06)M

Maya Fernandez (‘08)

Afzal Habib (‘06)

Frederick Hall

Ian Hembery

Laura Hogan (‘99)

Michelle HurtubiseM

Francine James (‘94)

Sean Junor

Jennifer King (‘98)

Catherine Lambert (‘00)

John Watt Lennox

Emma Lyndon (‘98)

Matto Mildenberger (‘03)

Calvin Mitchell (‘10)

Patrick Nadeau (‘00)M

Barbara Nelson

Marian Nemec (‘91)

Kara O’Brien (‘01)

Neil Peet (‘04)

Ann Peters

Shayan Rahnama (‘01)

Tara & Rudy Sedlak (‘97)

Evan Short (‘93)

Megan Stone (‘06)

Christl Verduyn

Virginia Froman

Peter George

Holly Gwynne-Timothy

Marianne Hawkins (‘93)

Adina & Jesse HelmerM

Yaacov Iland (‘97)M

Heather Kerr (‘96)

Michael Laine

Sophia Lu (‘07)

Gaëtan Lussier

Sarah Michael (‘93)

Mary Moran

Chris Newton-Smith (‘95)

Wesley Novotny (‘96)

Natalie Parks (‘03)

Joanne Pooley

Tina Rogers

Heather SprattA, M

Amy Tan (‘96)

Martha J. Tory

Warren Tranquada (‘92)

Ryan Van Wert (‘98)

Chai r ’s C i rc le - $5 ,000-$9 ,999

Roderick MacLennanA

Bill & Betty Morris

Heinz & Margaret Rieger

Lucas Skoczkowski (‘92)

Steven Uster (‘97)

Chai r ’s C i rc le - $2 ,500-$4 ,999

Kenneth Broekaert

Corey Centen (‘03)

Bryan P. Davies & Andra TakacsA

Mary Ann Finn

Doug & Ruth Grant

Franca Gucciardi (‘90) & Alex Usher

David Ingram

L.O. Pollard

Cornell Wright & Sarah McEvoy

Execut ive D i rec to r ’s C i rc le - $1 ,000-$2 ,499

Gail Asper & Michael Paterson

Jeff Baryshnik (‘98)

Jalynn H. Bennett

Robert Campbell

Nathan Clute (‘98)

George Cooper

Elaine Davies

Brian Desbiens

Paul Fahey

Catherine Fowler

Brian Gardner (‘93)

Harry Holman

Richard Ivey

Kosar Khwaja (‘94)

Michael Kogon (‘95)

Sandra (‘94) & Rodney MacGillivray

Don & Rosemarie McClean

Christy McLeod

Richard Phillips

Karen McRae

Brandi Read (‘98)

Russell M. Robinson II

Lionel Schipper

Jordan Velestuk (‘99)

Execut ive D i rec to r ’s C i rc le - $500-$999

Anonymous (2)

Dominic Allain (‘95)

Amy Andrews Alexander (‘96)

Mark Angelo (‘99)

Alison & David Appleyard

Patricia Arroyo (‘92)

Stephanie Barker

Teresa Bennett (‘94)

Pierre Boudreault

Gurpreet Brar (‘00)M

Robert Chipman

Jennifer ClarkM

Chris Cowperthwaite (‘99)M

Purdy & Bea Crawford

Michelle Dagnino (‘98)

Adrienne Di Paolo

Erin Eacott (‘93)

Graham Fox (‘93)M

Page 16: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 30 2012 ANNUAL REPORT | 31

Kevin O’Rielly

Justin Oake (‘06)

Sharon Olmstead

Livia Ottisova (‘03)

Mark Ouseley (‘06)

Jonathan Paradis (‘08)

Konnie Peet

John Pegg (‘06)

Aimee Pelletier (‘00)M

Kate Pereira (‘04)M

Lauren Phillips (‘99)

Tara Phillips (‘96)

Debjani Poddar (‘05)

Jay Potter (‘02)

Richard Powers

Gail Prasad (‘98)

Christopher Proctor (‘06)

Vanessa Redditt (‘03)

Matthew Reid (‘05)

Cameron Revington (‘11)M

Armin Rezaiean-Asel (‘11)

Lindsey Richardson

Karen Roberts (‘00)

Haley Robinson (‘08)

Jesse Robson (‘05)

George Roter

Jane Rowland

David Sandomierski (‘97)M

Gail Scott

Roberta Seed

Katie Sheehan

Robert Sillcox

Karlee Silver

Michael Singh (‘07)

Mariana Sklepowich (‘01)M

Graham Smith (‘05)

Kimia Sorouri (‘11)

Elizabeth Sully (‘04)

James Sully (‘02)

Linda Sun (‘07)

Ian Sunderland (‘98)

Kailea Switzer (‘05)

Julianna Tan (‘11)

François Tanguay-Renaud (‘98)

Myriam Thériault

Joël Thibert (‘00)

Jamie Thomas-Pavanel (‘05)

Tiffany Tingley (‘02)

Hoai-An Tran (‘08)

Geneviève Tremblay (‘97)

Joshua Vanwyck (‘04)

David Vlemmix (‘05)M

Christine Wadsworth (‘06)

Joshua Wales (‘04)

Alexander Way (‘04)

Darryl White

Sarah Wiley

Karen Wilson

Annabel Wong

Diana Wong (‘08)

Sam Wong (‘90)

Stephen Young (‘03)

Erica Zarkovich (‘98)

Jiawen Zhou (‘11)

Hayes Zirnhelt (‘05)

Scho la rs ’ C i rc le - up to $249 (cont . ’d )

Megan Adams

Ainsley Alexander (‘03)

Stephanie Arbez (‘01)

Aaron Bailey (‘11)M

Jordan Banks

Zoë Barrett-Wood (‘06)

Mischa Bartkow (‘99)M

Eric Beaudoin (‘05)

Bridget Beswick (’99)

Joan & Richard Beswick

Rick Bhullar (‘00)

Calee Blanchard (‘98)

Emily BoehmM

Jérémy Boulanger-Bonnelly (‘11)M

Kate Boyle

Samuel Breau (‘05)

Kyla Brophy (‘06)

Erika Burger (‘91)M

Brant Carson (‘99)

Brianne Castonguay (‘03)

Amy Cervenan (‘99)

Danielle Chahine-Iny (‘98)

Shirley Chan

Robert Chatelain (‘01)

Cherie Chen (‘11)M

Sunny Cheung (‘06)

Anne Cheverie (‘04)

Alison Chick (‘01)

Jerome Chomos

Taylor Christl (‘00)

Alex Conliffe (‘99)M

Stephen Cosman (‘03)

Caroline Crawford (‘06)

Don Currie

Michael Currie (‘05)

Patrick David (‘99)

& Michael SmithM

Rebecca Davis (‘00)

Max Deschner (‘09)

Jugal Kishore Dhoot

Kathryn Dingle (‘07)

James Di Paolo (‘08)

Kelly Doctor (‘99)

Janet Drynan

Francis Dubé (‘01)M

Michael Dudkiewicz (‘98)

Patrick Duncan (‘06)

Kaitlin Dupuis (‘02)

Danya Dziedzic (‘09)

Ann Falvey

Akin Famuyide (‘04)

Adam Fearnall (‘08)

Emma Feltes (‘04)

Mairead Ferguson (‘11)

Marta Filipski (‘02)

Danica Fisher (‘98)

Sonja Forstner

Frances Gertsch

Natalie Gerum (‘05)

Jane Good

Sam Gregory (‘11)M

Wojciech Gryc (‘04)A

Ali Hamandi

Emma Hapke (‘03)

Ryan Harley

Eric Haywood-Farmer (‘96)M

Meghan Henry

Daniel Hertz (‘08)

Hillary Higgins (‘03)

Heather Holland (‘98)

Jonathan Holmes (‘07)M

Robyn Hooper (‘07)

William Hooper

Lindsey Horsfield (‘02)M

Nazim Hussain (‘01)

Mathieu Isabel (‘06)

Devon Jackson (‘11)

Melinda Jacobs (‘08)M

Aneil Jaswal (‘07)

Soniya Jobanputra (‘97)

Charlotte Jones

Shannon Jorgensen (‘00)

Jean-Philippe Julien (‘01)

Sharon Kennedy (‘05)

Shannon King (‘11)

Emilie Knoechel (‘96)

Sara Knowles (‘98)

Amy-Lee Kouwenberg (‘01)

Hans Krause (‘11)M

Marie-Renée Lajoie (‘04)

Courtney Lancaster (‘04)

Hyla LaPointe (‘08)M

Charles Larson (‘03)

Alvin Lee

Janet Lewis

Grace Li (‘06)M

Christopher Li (‘93)

David Lussier (‘06)

Nyranne Martin (‘97)

Maria Maute (‘06)

Alexander Mazer (‘97)M

Marcus McCann

Doug McChesney

Julie McGill

Heather Millar (‘00)M

David-Martin Milot (‘07)

Jessa Miyashiro (‘06)

Jessica Moe (‘04)

Meghan Moore (‘98)M

Victoria More (‘07)

Jeanie Morton (‘02)

Sivakami Mylvaganam (‘11)M

Nicolas Nadeau (‘02)

Anita Nador

Jenna Newman (‘95)

Terry Nickerson

Ron Novotny

Scho la rs ’ C i rc le - up to $249

Page 17: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 32 2012 ANNUAL REPORT | 33

Loran Alumni Association

Pr inc ipa l Benefacto rs - $50 ,000+

P r imary Benefacto rs - $25 ,000+

Anonymous Avana Capital Corporation

Future Leaders Fund The Great-West Life, London Life, Canada Life

Majo r Benefacto rs - $10 ,000+

Friesens Lexington Park Real Estate Capital Inc.

The Midloch Foundation

Benefacto rs - $5 ,000+

Anonymous Burgundy Asset Management Ltd.

Deloitte & Touche Foundation Canada E.W. Bickle Foundation

Frum Development Group

Majo r Donors - up to $4 ,999

Dr. Gupta Medicine Professional Corporation Loran Scholars’ Association

Microsoft Corporation National Leasing

Outward Bound Canada Robertson Stromberg LLP

R.H. McRae Charitable Foundation TD Private Giving Foundation

The Taligent Group United Way Ottawa

University of Guelph, Biomedical Sciences

I n -K ind

Bennett Jones LLP Harper Grey LLP

We need leaders in every domain and every organization, which is why BMO Capital Markets is a proud supporter of the Loran Awards. Through our Equity Through Education initiative, we have invested $1,825,000 in a diverse group of scholars, all of whom show potential as leaders. Eric Tripp, Co-President, BMO Capital Markets

school and sports photography

CORPORATE AND FOUNDATION ANNUAL GIVING ( f rom 1 May 2011 to 30 Apri l 2012)

Since our earliest days, the Loran Scholar program 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 leadership potential.

Pr inc ipa l Suppor te r - $1 ,000 ,000+

Primary Supporter - $500,000+

Major Supporter - $250,000+

Assoc ia te Suppor te rs - $75 ,000+

The Henry White Kinnear

Foundation

Friends of Canadian Education

The Michael Young Family Foundation

The Temerty Family Foundation

Ralph M. Barford Family Foundation

The Morrison Foundation

Sponsor of the W. Garfield Weston Loran Awards

Official Air Travel Sponsor

Page 18: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 34 2012 ANNUAL REPORT | 35

INCOME (Lo ran Awards) 2012 2011 $ $

Donations 2,121,960 2,020,498

Interest and other income 148,025 84,064

2,269,985 2,104,562

EXPENSES

Stipend grants 1,003,000 985,000 Enrichment program

Summer 214,032 202,695

Mentorship and stewardship 56,621 51,729

Gatherings (retreat, conferences, orientation expedition, etc.) 150,576 137,867

Selections 135,485 144,470

1,559,713 1,521,761

General and administration 185,012 187,891

1,744,725 1,709,652

Excess of revenue over expenses 525,260 394,910

Note: Our partner universities waive tuition for Loran Scholars. Total cost of $669,720 is based on the national average tuition of $5,581.

INCOME (Lo ran Awards)

wITH TUITION - SEE NOTE, ABOvE

A B income

The W. Garfield Weston Foundation (29%)

Individuals (12%)

Corporations (21%)

Foundations (11%)

Interest & Other Income (3%)

Universities (Tuition) (24%)

A B income

Over the past seven years, the Foundation has steadily increased its asset base from $1.3 million to $6.8 million. This provides us with the necessary reserve to continue to offer 30 new awards every year, knowing we have sufficient funds to pay out all anticipated stipends to in-stream Scholars. The increase also reflects the establishment of a modest endowment fund ($2.4M), providing our donors with a means to make a long-term gift in support of the Loran Awards, such as the $500K gift made this year by Walter & Marilyn Booth. One of our goals over the next few years is to fund a modest proportion of our annual expenditures from income earned on invested capital.

We encourage you to review our audited financial statements, which are available at www.loranscholar.ca. Below is summarized financial information for the year ended April 30, 2012.

ASSETS 2012 2011 $ $

Current assets 2,826,764 3,132,537

Long-term assets 3,974,629 2,425,121

Other 2,902 3,627

6,804,295 5,561,285

L IAB IL IT IES AND NET ASSETS

Current liabilities 1,285,302 1,350,634

Long-term liabilities 1,497,745 1,243,556

2,783,047 2,594,190

NET ASSETS

Endowment Fund 2,476,884 1,181,565

Unrestricted 1,544,364 1,785,530

4,021,248 2,967,095

6,804,295 5,561,285

f i n a n c i a l s

Page 19: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 36 2012 ANNUAL REPORT | 37

PROFILE : BREANNE EVERETT

Dr. Breanne Everett, (Loran Scholar ’02), is the President and CEO of Orpyx, a Calgary-based company developing sensor technologies to address diabetic patients’ foot complications. Still under the age of 30, this is not the first time she is combining her talents for creativity, entrepreneurship and technical knowledge. She started a jewellery-making business in elementary school that generated regular profits. Her jewellery appeared regularly on the television show North of 60 and in three motion pictures.

Breanne says that being selected as a Loran Scholar was a critical moment in her life: “It removed any limitations and gave me the moral and financial support to pursue what I really wanted to do. By selecting scholars based on their personal characteristics and drive rather than a specific career path, scholars are supported to pursue their own goals and interests.” Breanne elected to leave her home in Bragg Creek, AB to enroll in the biochemistry program at McGill University.

She returned to Alberta to complete medical school and her residency in Plastic and Reconstructive Surgery at the University of Calgary. Struck by the number of diabetic patients she was meeting and the severe complications they experience, Breanne began to imagine combining diabetic foot care and neuroplasticity to address these problems. In 2011 she took a leave of absence from her residency in order to focus on leading Orpyx. She is also completing her MBA through the Haskayne School of Business.

“Orpyx is not only about meeting the needs of diabetic patients; it is also about taking a preventative approach to patient care and inspiring innovation in the medical profession,” says Breanne. Orpyx’s sensor-based technologies hold potential to be used in a variety of medical and athletic applications.

Recognizing the importance that the Loran Award played in her own life, Breanne is committed to give back to the program. She is a volunteer and active member of the alumni network.

It removed any limitations and gave me the moral and financial support to pursue what I really wanted to do. By selecting scholars based on their personal characteristics and drive rather than a specific career path, scholars are supported to pursue their own goals and interests.

Dr. Breanne Everett

A B income

EXPENDITURES (Lo ran Awards)

wITHOUT TUITION

wITH TUITION - SEE NOTE, OPPOSITE PAgE

A B income

Selections (8%)

Selections (5%)

Gatherings (9%)

Gatherings (6%)

Summer Program (12%)

Summer Program (9%)

Mentorship & Stewardship (3%)

Mentorship & Stewardship (2%)

Tuition (28%)

Stipend Grants (57%)

Stipend Grants (42%)

General & Administration (11%)

General & Administration (8%)

A B income

A B income

Page 20: Loran Scholar program 2012 Annual Report

2012 ANNUAL REPORT | 38 2012 ANNUAL REPORT | 39

R. Alan Broadbent, C.M.Chair, Avana Capital Corporation

Robert CluettFounder of CMSF

David Crombie, P.C., O.C.Former Mayor of Toronto and Member of Parliament

Kim EchlinAuthor

David FriesenChairman, Friesens Corporation

J. Douglas GrantFounder, Sceptre Investment Counsel

James K. Gray, O.C.Founder, Canadian Hunter Exploration

Lucy Hanes ChathamChairman, The Morehead-Cain Foundation

Rod MacLennan, C.M.President, Tribune Holdings

Grant Reuber, O.C.Former COO, Bank of Montreal; former Chair, Canadian Deposit Insurance Corporation

W. Galen Weston, O.C.Chairman, George Weston Ltd

Karen E. WilsonSolicitor

HONOURARY COUNCIL

Executive Committee

Mary Ann Finn, Peter George, Franca Gucciardi, Bill Morneau, Susan Scace (Chair), Tamara Rebanks

Audit Committee

Rosemarie McClean (Chair)

John Phillips, CEO, Klister Credit Corp

Patrick Cronin

Martha J. Tory, Senior Partner, Ernst & Young LLP

Investment Committee

James Appleyard

Cam di Prata

Paul Fahey, Vice-President, Pension Investments, Nav Canada

Bill Morneau (Chair)

Chuk Wong, Vice-President & Portfolio Manager, Goodman & Company

COMMITTEES

STAFF

The Foundation’s CEO, Franca Gucciardi (416.646.2120 x222, [email protected]), is a member of the Class of 1990. She has been leading the foundation since 2004. The complete CMSF staff team consists of seven individuals based in Toronto, including three alumni of CMSF programs.

Kenneth BroekaertSenior Vice-President, Burgundy Asset Management

Patrick CroninExecutive Managing Director & Head, Financial Products, BMO Capital Markets

Brian DesbiensPast President, Sir Sandford Fleming College

Cam di PrataPast Executive Vice-President & Head, Corporate & Investment Banking, National Bank Financial

Mary Ann Finn (Treasurer)Partner, Deloitte & Touche LLP

Peter George, C.M., O.Ont. (Past Chair)Past President, McMaster University

Franca Gucciardi (Loran Scholar ‘90)Executive Director & CEO, CMSF

Nancy LockhartCAO, Frum Development Group

Rosemarie McCleanSenior Vice-President, Ontario Teachers’ Pension Plan

Meghan Moore (W. Garfield Weston Loran Scholar ‘98)Senior Manager, Strategic Initiatives, United Way of Greater Toronto

Bill MorneauExecutive Chairman, Morneau Shepell

Tamara Rebanks (Vice-Chair)Vice-President, Community Affairs, George Weston Ltd.

Susan Scace (Chair)President, The Henry White Kinnear Foundation

Mamdouh ShoukriPresident & Vice-Chancellor, York University

Michael H. Wilson, C.C. Chairman, Barclays Capital Canada

Cornell C.V. WrightPartner, Torys LLP

Nancy YoungCEO & Owner, Elizabeth Bradley Designs

Vali Bennett (Secretary)Director of Administration,Avana Capital Corporation

Board Members who retired in 2012

James Appleyard (Past Chair)Chairman & CEO, Artez Interactive

George Cooper, C.M.Partner, McInnes Cooper

Fred WrightPartner, Capital West Partners

BOARD OF D IRECTORS & OFF ICERS

Page 21: Loran Scholar program 2012 Annual Report

The Canadian Merit Scholarship Foundation 416.646.2120460 Richmond Street West 866.544.2673 (toll-free)Suite 502 416.646.0846 (fax)Toronto, ON M5V 1Y1 www.loranaward.ca

Charitable registration number: 855-132643-RR0001. We invite you to donate on-line at www.loranaward.ca/donate