SickKids Foundation

SickKids Foundation

SickKids Foundation was established in 1972 to raise and manage funds exclusively for The Hospital for Sick Children. Named board leaders include Walied Soliman as chair and V. Prem Watsa as investment committee chair. No single family wealth source is disclosed. The foundation allocates across venture capital and direct real assets. Confirmed holdings include The Breakthrough Fund in healthcare venture philanthropy. It owns the Peter Gilgan Centre for Research and Learning valued at CAD 400M and the Patient Support Centre tower. Geographic focus remains Canada with additional support structures in the United States and United Kingdom. Strategy tags list early-stage seed, startup, and expansion investments. The organization employs 589 people. It maintains related entities including Friends of The Hospital for Sick Children in the United States established in 1998 and SickKids Foundation UK. June 2025: Sponsored Scrubs in the City gala raising funds for hospital equipment and neurosurgery systems. Service providers include KPMG as auditor since 2020 and CIBC Mellon as custodian. Board composition draws from major Canadian financial institutions, creating a governance link to Brookfield Asset Management and CPP Investments. This structure separates philanthropic distribution from the hospital's clinical operations while channeling investment returns into named capital projects.