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The Princess Margaret Cancer Foundation
The Princess Margaret Cancer Foundation was established in 1982. Dr. Miyo Yamashita serves as president and chief executive. The organization operates without...
The Princess Margaret Cancer Foundation
The Princess Margaret Cancer Foundation was established in 1982. Dr. Miyo Yamashita serves as president and chief executive. The organization operates without a disclosed family wealth origin and instead aggregates donations from individuals and institutions. The foundation allocates 10.33 percent of assets to private equity. It maintains positions in Adela and Treadwell Therapeutics through its Accelerator Fund. Geographic exposure centers on Canada with secondary activity in the United States. Capital also supports direct ownership of commercial buildings including 522 University Avenue and the Princess Margaret Cancer Research Tower. The foundation employs an Investment Committee to oversee asset allocation and applies a tobacco exclusion policy. It lists Ernst & Young as auditor and retains Starlight Capital, Burgundy Asset Management, and Brookfield Asset Management as investment advisors. Additional offices are not disclosed. Recent operational activity centers on annual fundraising events such as the Ride to Conquer Cancer. The foundation maintains a distinct governance structure through its formal relationship with University Health Network, which separates philanthropic fundraising from hospital operations while directing all net proceeds to the cancer centre.
General information
Firm type
Endowment / Foundation
Year founded
1982
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
700 University Avenue 4th Floor, Toronto, ON, Canada
Principals
Dr. Miyo Yamashita
President and CEO
Jochen Tilk
Board Chair
Sector focus
Frequently asked questions
Who runs investment decisions at The Princess Margaret Cancer Foundation?
An Investment Committee oversees capital preservation and return policies. Starlight Capital, Burgundy Asset Management, and Brookfield Asset Management serve as external advisors.
Does The Princess Margaret Cancer Foundation participate in fund commitments or only direct deals?
The foundation holds limited partner interests in the Accelerator Fund and maintains direct ownership of real estate assets including commercial buildings and lottery prize properties.
What asset classes does The Princess Margaret Cancer Foundation deploy into?
Allocations include private equity at 10.33 percent, direct real estate holdings, and cash or fixed income for liquidity. Biotech startups such as Adela and Treadwell Therapeutics appear in the portfolio.
Where does The Princess Margaret Cancer Foundation source capital?
Revenue comes from annual fundraising events, a home lottery program, and major gifts from donors including the Peter Gilgan Foundation and the Slaight Family Foundation.
How is The Princess Margaret Cancer Foundation related to University Health Network?
The foundation serves as the dedicated fundraising arm for Princess Margaret Cancer Centre, which operates as part of University Health Network.
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