Ontario Trust for Student Support matches CIBC to create $1 million endowment
CIBC's donation will be matched dollar-for-dollar by the Ontario Trust for Student Support, doubling the impact of the donation and raising the endowment to
"At CIBC, we are passionate about helping to create a future without breast cancer by actively supporting breast cancer research, education and treatment," said Gerry McCaughey, President and Chief Executive Officer. "We are proud to provide funding for this bursary program that will allow deserving nursing students to delve deeper and achieve a greater understanding of breast cancer so that they will be better able to provide the treatment and care cancer patients need to help them cope with the ramifications of this disease."
CIBC's history of supporting the breast cancer cause dates back to 1992 with the Canadian Breast Cancer Foundation CIBC Run for the Cure. Since then, CIBC employees have raised more than
"McMaster has enjoyed a long and mutually beneficial relationship with CIBC over the years," says
Previous CIBC gifts to McMaster range from library construction to medical research, and from the McMaster University Student Centre to an endowed chair in the DeGroote School of Business. In 2006, the bank established the CIBC Graduate Bursary in Breast Cancer and the CIBC Medical Bursary in Breast Cancer.
In addition to a shared vision, McMaster and CIBC share a founder:
McMaster University, one of four Canadian universities listed among the Top 100 universities in the world, is committed to discovery and learning in teaching, research and scholarship. It has a student population of 23,000 and more than 135,000 alumni in 128 countries.
CIBC is committed to supporting causes that matter to our clients, our employees and our communities. We aim to make a difference in communities through corporate donations, sponsorships and the volunteer spirit of employees. With a strategic focus on youth, education and health, and employee commitment to causes including the Canadian Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's Foundation and United Way, we are investing in the social and economic development of communities across the country. In 2008, CIBC group of companies contributed more than