2010/11 Baycrest and Baycrest Foundation Annual Report


Imagine
Previous page | Next page
2010/11 ANNUAL REPORT NOW IS THE TIME TO TRANSFORM THE FUTURE BUILDING THE FUTURE OF AGING INTRODUCING BAYCREST HEALTH SCIENCES TEACHING AND LEARNING IN THE NEXT GENERATION INNOVATION ENGINE BRINGING GREAT IDEAS TO LIFE BAYCREST BOARD OF DIRECTORS, BOARD OF GOVERNORS, EXECUTIVE TEAM AND MEDICAL STAFF BAYCREST FINANCIAL SUMMARY NOW IS THE TIME TO SUPPORT THE FUTURE

NOW IS THE TIME TO SUPPORT THE FUTURE

Message from the Baycrest Foundation Board Chair and Interim President

Warren Kimel - Chair, Baycrest Foundation Board of Directors and Florence Weinberger - Interim President, Baycrest Foundation

In every generation and in every decade since it was founded on the values of Judaism almost 100 years ago, Baycrest has made remarkable contributions to the field of aging and seniors' health care, both locally and globally.

Warren Kimel
Chair, Baycrest Foundation Board of Directors

Florence Weinberger
Interim President, Baycrest Foundation

International governments, universities, hospitals and long-term care facilities, from Beijing to Reykjavik, are looking to Baycrest for its expertise to help meet the escalating needs of the world's aging population.

The Baycrest Foundation is extremely proud of Baycrest's considerable achievements and the place it has earned on the world stage, and we are excited to support Baycrest's aspiration to become the global leader in aging and the brain.

The strategic directions set out in the Next Generation of Baycrest are the same for both Baycrest and the Baycrest Foundation: leverage our strengths in order to enhance our ability to care for seniors; increase our impact worldwide; and generate revenue.

Just as Baycrest is seeking ways to commercialize its "know how" to achieve greater financial stability, the foundation is making headway in our endeavours to move beyond our traditional donor base and find new avenues of support.

The growth of our hockey tournament, the Scotiabank Pro-Am for Alzheimer's, exemplifies our efforts to gain national exposure for Baycrest while raising funds in new markets. With tournaments in Toronto, Edmonton and Calgary this year, the Pro-Am has raised more than $16 million since 2006. Expansion to Ottawa and Vancouver next year, and Montreal in 2013, will generate critical new revenue for Alzheimer's disease research and care.

Women of Baycrest (WB) is also raising Baycrest's profile and garnering support from new individuals and corporations interested in finding ways to help women's brains stay healthy longer. This year's first academic symposium and upcoming public forum are introducing Baycrest to more people and gaining support for the WB's $5 million campaign. In two short years, this incredible initiative has raised close to $2 million.

"The strategic directions set out in the Next Generation of Baycrest are the same for both Baycrest and the Baycrest Foundation: leverage our strengths in order to enhance our ability to care for seniors; increase our impact worldwide; and generate revenue."

Events as diverse as tennis, golf, cycling and dancing with stars continue to attract new participants and sponsors. This year, even with the tight competition for donor dollars, our events raised more than $7.5 million – a one per cent increase over last year – and our total number of donors rose by 18 per cent.

With donations coming in from 49 different countries around the globe, it is evident that Baycrest has made its mark far beyond our local community. However, the importance of our community donors, leaders and volunteers is indisputable. They are absolutely crucial to Baycrest's ongoing success and we are extraordinarily grateful for their generosity and commitment.

Baycrest would not be where it is today without the formidable and constant support of our community, but a global leader requires global support. The Baycrest Foundation will continue to build on our strengths to ensure Baycrest fulfils its vision
to bring innovations in aging and brain health to people around the world.

 

Previous page | Next page