Hamiltonians Charles And Margaret Juravinski Create $100M+ Endowment To Fund Health Research In Perpetuity
Hamilton philanthropists Charles and Margaret Juravinski will create an endowment of more than $100 million to support researchers across Hamilton Health Sciences, McMaster University and St. Joseph’s Healthcare Hamilton.
Their estate gift is one of Canada’s largest ever legacy gifts and will provide up to $5 million a year to the institutions, in perpetuity.
“It brings us great pleasure to think that when we are gone, our legacy to this community may be measured in the good health of those who come after us,” the Juravinskis said in a letter to the community released today. “As a couple, our most important lesson has been this: the greatest pleasure in life and the most powerful force for good in the world is sharing.”
The endowment will create the Juravinski Research Centre, which will equally support Hamilton Health Sciences, McMaster University and St. Joseph’s Healthcare Hamilton by funding health research in a variety of areas including cancer, mental health, lung and respiratory care, and diseases of aging.
“The health of generations of Canadians will be positively impacted by this wonderful legacy gift from Charles and Margaret Juravinski,” said Rob MacIsaac, President & CEO of Hamilton Health Sciences. “In making this gift, they also helped inspire and enable our three organizations to collaboratively address some of the most important health issues of our time.”
The Juravinskis, who have called Hamilton home for decades, are generous benefactors to health care, education and research in the city. They have given more than $50 million to Hamilton organizations, which includes support for the Juravinski Hospital and Cancer Centre at Hamilton Health Sciences, the Margaret & Charles Juravinski Education, Research & Development Centre at McMaster University and the Margaret & Charles Juravinski Centre for Integrated Healthcare and the Juravinski Innovation Tower at St. Joseph’s Healthcare Hamilton.
About The Juravinski Research Centre
- A research collaboration between Hamilton Health Sciences, McMaster University, St. Joseph’s Healthcare Hamilton, St. Joseph’s Healthcare Foundation, Hamilton and Hamilton Health Sciences Foundation
- The Centre will support areas of research including cancer, mental health, lung health/respirology and diseases of aging (e.g. Alzheimer’s disease and macular degeneration)
- Together, the partners will engage in collaborative, strategic projects that are focused on health-related research enhancing the health and prosperity of all of our citizens
- An eight-member Steering Committee will be responsible for setting all priorities and programs to be undertaken by the Juravinski Research Centre
Charles And Margaret Juravinski – A Legacy Of Leadership
- Charles, 89, and Margaret, 87
- Charles (born in Blaine Lake, SASK) and Margaret Juravinski (born in Hamilton, ON) grew up knowing true poverty and hardship.
- Charles, born within days of the 1929 stock market crash, knew what it was like to live without work, money, heat and running water. His family moved to Hamilton when he was a child. His professional career evolved after he first worked at a construction company and then went on to own a series of businesses, which included a gas station and a development company.
- Charles and Margaret built and managed Flamboro Downs race track for 27 years, selling it in 2002 to Magna Entertainment.
We think of ourselves as lucky people. We have enjoyed many opportunities and an uncommon share of good fortune, having lived long lives in this amazing community.
We have worked hard, enjoyed many good times and had the great fortune to meet many fine people in our journey through life.
Our work has brought many rewards that our parents would never have dreamed possible.