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UNDERREPORTED

Anonymous benefactor gives $100 million to Princess Margaret Cancer Foundation

An unnamed donor has contributed $100 million to the Princess Margaret Cancer Foundation, the largest single gift in its history.

A confidential benefactor has pledged $100 million to the Princess Margaret Cancer Foundation, marking the biggest individual contribution the organization has ever received. President and CEO Miyo Yamashita called the gift transformational for the foundation’s research, education and clinical programs, and announced it during a fundraising campaign event. She emphasized that the donor’s personal connection to cancer motivated the unprecedented support.

The foundation plans to allocate the funds toward its highest-priority needs, accelerating innovation in treatment and care. Cancer patient Annie Raimondo expressed gratitude, describing the donation as a source of hope for current and future patients. The contribution underscores the role of private philanthropy in advancing Canada’s cancer fight.

Why it matters

A $100 million gift could dramatically accelerate cancer research and improve patient care across Canada.

In this story

anonymous donor$100 millioncancer researchPrincess MargaretMiyo YamashitaAnnie Raimondodonationcancer foundationCanada
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