Princess Margaret Cancer Foundation receives $100 million anonymous donation
The largest gift for cancer care in Canadian history will accelerate research and treatment at the Toronto hospital.
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Princess Margaret Cancer Foundation has received a $100 million anonymous donation, the largest gift for cancer care in Canadian history. The donor was inspired by a personal connection to cancer and the charity's mission to create a world free from cancer.
The donation is part of the foundation's $2.5 billion "Carry the Fire" fundraising campaign, which aims to accelerate research, treatment and care at Princess Margaret Cancer Centre. The campaign focuses on three priorities: catching cancer at its earliest stages, advancing new approaches to cancer treatment, and transforming the cancer experience for patients through survivorship, rehabilitation, mental health resources and holistic support.
Dr. Mito Yamashita, President and CEO of Princess Margaret Cancer Foundation, said the gift is transformative for cancer research. "This is a moment of real opportunity, and we can meet this challenge. The Princess Margaret has the talent, the model, and, with the driving support of philanthropy, the momentum," he said in a statement. Yamashita offered no hints about the donor's identity, which remains unknown.
How will the $100 million be allocated within the broader $2.5 billion campaign?
What is the timeline for deploying these funds toward the three campaign priorities?
We'll update this story as answers emerge.
The facts
How much did Princess Margaret Cancer Foundation receive?
$100 million. This is the largest gift for cancer care in Canadian history.
What is the 'Carry the Fire' campaign?
Princess Margaret Cancer Foundation's $2.5 billion fundraising campaign designed to accelerate research, treatment and care at Princess Margaret Cancer Centre, with three priorities: early cancer detection, new treatment approaches, and improved patient support including survivorship and mental health resources.
Who is the donor?
The donor's identity remains unknown. They were inspired by a personal connection to cancer and the foundation's mission.
