# SickKids Foundation

SickKids Foundation is an Endowment / Foundation based in Toronto, Canada.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** 525 University Ave, Suite 1400, Toronto, Ontario, Canada
- **Founded:** 1972
- **Assets under management:** 1013 (Altss estimate)
- **Website:** sickkidsfoundation.com
- **LinkedIn:** https://ca.linkedin.com/company/sickkids-foundation

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Healthcare
- Biotechnology

## People

- Walied Soliman — Chair of the Board of Directors
- V. Prem Watsa — Chair of the Investment Committee
- Derek Neldner — Treasurer
- Sachin Shah — Board Member
- John Graham — Board Member

## Questions

### Who runs investment decisions at SickKids Foundation?

V. Prem Watsa chairs the investment committee. The committee oversees allocation of the foundation's $1.013B portfolio.

### Does SickKids Foundation participate in fund commitments or only direct deals?

The foundation holds positions in The Breakthrough Fund and maintains direct ownership of multiple Toronto hospital properties.

### What investment stages does SickKids Foundation typically target?

Strategy records list early-stage seed, startup, expansion, and general venture commitments.

### How is SickKids Foundation related to The Hospital for Sick Children?

The Hospital for Sick Children is the primary beneficiary and affiliate organization receiving all distributed funds and facilities.

### What is SickKids Foundation's known posture on co-investments alongside external GPs?

No co-investment policy is stated in available records.

## Related profiles

- [Waseda University Endowment](https://altss.com/profile/waseda-university-endowment)
- [Montis Financial](https://altss.com/profile/montis-financial-llc)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/sickkids-foundation

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