kilroy04 Posted September 4, 2011 Share Posted September 4, 2011 See the announcement below. This is likely a 2 million endowment where the spinoff is used for research in inflammatory bowel disease. Perhaps in remembrance of JoAnn Butler? The Northbridge Financial Corporation Chair in Inflammatory Bowel Disease Come celebrate the generosity of Northbridge Financial Corporation and the appointment of Dr. Anne Griffiths as the inaugural Northbridge Financial Corporation Chair in Inflammatory Bowel Disease on Tuesday, September 13 at 5 p.m. in the John & Myrna Daniels Hollywood Theatre. Link to comment Share on other sites More sharing options...
Liberty Posted September 5, 2011 Share Posted September 5, 2011 That's great! If FFH employees or management are reading this, thanks! Link to comment Share on other sites More sharing options...
Parsad Posted September 5, 2011 Share Posted September 5, 2011 That's fantastic! Great to see, and what else would you expect from Fairfax and its executives. Cheers! Link to comment Share on other sites More sharing options...
kilroy04 Posted September 5, 2011 Author Share Posted September 5, 2011 Just for clarification. The Chair is at the Hospital for Sick Children (affectionately and officially alternatively known as Sickkids) in Toronto. Sickkids is part of the Univeristy of Toronto. Prem has been a previous board member of the hospital and now serves on the Sickkids Foundation board. His guidance on the finance committee helped them lose only about 6% of the endowment in the recent financial collapse. That was followed up with a 40% 1 year gain! Link to comment Share on other sites More sharing options...
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