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Philanthropic Leadership

UCC Foundation

The UCC Foundation is a separate and independent entity, governed by its own board of trustees and supported by staff shared with UCC.
The Foundation’s primary purpose is the management and stewardship of the College’s $129 million (as of June 30, 2023) endowment. The Foundation seeks to embody the  College's values — learning, pluralism, service, community and wellbeing — in conducting its activities and investments. Mindful of its responsibility to support UCC in perpetuity through careful stewardship of the endowment, the Foundation seeks to support, where possible, strong communities, social wellbeing, service to others, diversity, equity and inclusion and meaningful contributions to combat climate change. We recognize that all investments have impact and seek to minimize harm as well as invest in opportunities for superior return by proactively integrating environmental, social and governance (ESG) factors. 

The entire College community benefits from UCC’s endowment. Approximately twenty per cent of our students receive financial assistance through endowed funds. These funds also support special purposes such as UCC’s Horizons Program, the Wernham West Centre for Learning, enhancements to co-curricular activities and special departmental initiatives. All students benefit from the generosity our donor community has shown the College over many years. 

The Foundation is a charity registered separately from the College and was incorporated under the law of the Province of Ontario in 1962. 

For further information, please contact the Foundation’s Chair, Elliot Johnson ’94, or Executive Director, Brendan Dellandrea ’01.

Board of Trustees (Canada)

List of 11 items.

  • Elliot Johnson ’94, President

    Elliot has served as a trustee since 2016 and was formerly a member of the UCC Foundation Investment Committee. He is Chief Investment Officer and Chief Operating Officer of Evolve Funds, an investment firm specializing in exchange traded mutual funds. He has previously held senior roles at a number of large Canadian asset management, wealth management and capital markets firms.
    From 2016 - 2020 Elliot was also a trustee of Trinity College at the University of Toronto where he chaired the Committee on Investments.
    Read Bio
  • Tanya Covassin

    Tanya has been a trustee since 2018. She serves as a director of various private and public companies. In addition to her global board work, Tanya has a background in both investment banking and private equity. She has originated, structured, executed and managed large-scale private and public investments and financings. 

    Tanya earned her Honours B.E.S. from the University of Waterloo and her MBA from the University of Toronto. She also has an ICD.D certification from the Institute of Corporate Directors.

    Tanya is the mother of Massimo ’29.
    Read Bio
  • Matt Farb ’96

    Matt has served as a Trustee since 2016 and was formerly a member of the UCC Foundation Investment Committee. He is President and Chief Investment Officer of Better Capital Corp., which he founded in 2015. He’s also served as President and CIO of Coldstream Capital Management Inc. and President of East West Investment Management Corporation.
    Read Bio
  • Jim Garner ’77

    Jim Garner ’77 was appointed as a Trustee of the Upper Canada College Foundation in November 2019. Recently retired, Jim is an experienced senior executive with broad experience in finance, healthcare/life sciences and the education sector. He has extensive board experience as a director and executive with public company, broader public sector, not-for-profit and organizations.

    He served as Vice-Principal, Advancement and Strategy of Upper Canada College from 2014 until 2019, and is a former Association Council President (2012-2014) and member of the Board of Governors (2012-2014).  He has held several executive positions in private and public sectors, including Executive Vice-President, Corporate Services of the Hospital for Sick Children, where he oversaw the planning of the $400-million Peter Gilgan Centre for Research and Learning. 
    Jim holds a Bachelor of Commerce degree from Queen's University and an MBA from the Institute of Management Development in Switzerland. Jim is a CPA/CA and a Chartered Business Valuator and earned his ICD.D designation from the Institute of Corporate Directors. He and his wife Sally share two daughters Jillian and Kate.
    Read Bio
  • Christine McLean

    Christine has served as a trustee since 2023. She is a Portfolio Manager at Fairbank Investment Management and began her career at Sprucegrove Investment Management in 2004 as an Investment Analyst, before leaving in 2020 as the Director of Research. She serves as a Board Member of Fairfax Financial Holdings Ltd and Branksome Hall.  

    Christine holds a Bachelor of Science in Business Administration specializing in Finance from the University of Richmond, Virginia. 
    Christine is the mother of Kiran ’33, Mira and Logan.
    Read Bio
  • Niral Merchant ’93

    Niral has served as a trustee since 2018. He is a Principal of Augmentram Capital Corp., a private merchant bank which provides capital and strategic insight to growing businesses. Niral has held senior financial leadership roles in a number of operating companies.

    He has an MBA from INSEAD and is a Chartered Professional Accountant and CFA designation holder. He is an active volunteer sitting on the board of a number of philanthropic and community-based organizations.
    Read Bio
  • J.P. Mackay ’02

    J.P. is President of Association Council, which represents the interests of Old Boys, parents, faculty, staff, and other community members with demonstrated interest in the College. He also serves as Chair of the Barbara A. Barrow Scholarship Foundation and is a member of the Lang Scholar Program Advisory Board.

    Professionally, J.P. is Senior Vice President, National Operations at Allied Properties Real Estate Investment Trust.

    J.P. holds a BA from the University of British Columbia and an MBA from the Ivey Business School.
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  • Raymond Shiu

    Raymond has been a trustee since 2020. He is Director, Private Capital - Consumer & Retail at Ontario Teachers' Pension Plan (OTPP). Raymond joined OTPP in 2005 from RBC Capital Markets. He has been involved in a number of direct investments across the consumer sector and currently sits on several boards of private companies within the OTPP portfolio.
    Raymond earned a B.Comm. from the University of Alberta and an MBA from the Richard Ivey School of Business at Western University.
    Raymond is the father of Tyler ’27 and Nathaniel ’29.
    Read Bio
  • Stephanie Tjon

    Stephanie has served as a trustee since 2023. She is Manager, Business Support Team in the Office of Economic Growth and Innovation at the OSC (OSC Innovation Office). Prior to joining the OSC, Stephanie practiced business law at Osler and was a Senior Accountant at KPMG. She also sits on the OSC’s Inclusion and Diversity Council as well as volunteering in her community on a number of committees and boards.
    Stephanie holds a Bachelor of Commerce from Queen’s University and completed her law degree at the University of Toronto. 
    Stephanie is a mother to Noah ’27, Alyssa and Camille.
    Read Bio
  • Lara Zink

    Lara has served as a Trustee since 2014. She is a Managing Director in Global Institutional Equity Sales at RBC Capital Markets. She has senior coverage responsibility for over 30 institutional equity investors including pension plans and mutual funds located in Toronto and Montreal. Prior to joining RBC Capital Markets, Lara was an Account Manager in Financial Institutions at the Royal Bank. Lara joined the Royal Bank in 1995 as a Business Banking Account Manager Trainee.
    Lara has an MBA from the Rotman School of Management and a BA, Honours from Western University. She is an active volunteer for the Special Olympics, Women in Capital Markets, and sits on board of the UCC Foundation.
    Lara is the mother of Robbie ’20 and Christina.
    Read Bio
  • Staff:

    Brendan Dellandrea '01, Executive Director
    Patti MacNicol, Treasurer

List of 1 frequently asked questions.

  • Foundation Honorary Trustees

    David Beatty ’59
    Cathy Clark
    Charles Cowan ’46
    John Eaton ’57
    Peter Eby ’56
    Alan Ely ’65
    Bernard Gustin ’65
    Tom Heintzman ’58
    Sam Hughes ’48
    Arthur James ‘33
    Hans Michael Jebsen
    Desiree Jebsen
    Lee Lau
    Margaret Lau
    Elizabeth Lee
    Jimmy Lee
    Michael MacMillan ’74
    Diane Mara
    Ted McMurrich ’34
    Kelly Meighen
    Michael Meighen
    Tony Ormsby ’44
    Paul Phelan ’69
    Andy Pringle ’69
    Loretta Rogers
    John Stevenson ’47
    John Stewart
    Richard M. Thompson
    John Thompson ’60
    Roly Watt ’62
    Julia West
    Galen Weston
    Paul Winnell ’67
    Michael Wilson ’55
    William Wong ’82

List of 1 frequently asked questions.

List of 1 frequently asked questions.

UCC Foundation (U.S.)

Incorporated in the State of New York and registered with Internal Revenue Service 501(c), the Upper Canada Educational Foundation provides a vehicle for US-based members of the UCC community to support the College and receive an IRS tax receipt. The Upper Canada Educational Foundation is guided by a 17-member board of directors and managed by UCC staff.

List of 1 frequently asked questions.

  • Board of Trustees (U.S.)

    Fabio Savoldelli ’80, Chairman
    Brendan Dellandrea ’01, Executive Director
    Randy Carver ’82
    Russell Chong ’90
    Christopher Cruz ’02
    William Deng ’00
    Peter Gordon ‘07
    Larry Grafstein ’78
    Elliot Johnson  ’94
    Hampton Long ’95
    Patti MacNicol, Vice-Principal, Administration and Innovation
    Greg Meredith ’76
    Frank Pottow ’82
    Chuck Powis ’82
    Erik Schatzker ’88
    Graham Vehovec ’11
    Roly Watt ’62
    Duncan Webb ’76
    Richard Willoughby ’80

UCC Foundation (U.K.)

Incorporated in the United Kingdom. and registered with Inland Revenue, the UCC United Kingdom Foundation provides a vehicle for U.K.-based members of our community to support the College. It’s guided by a board of directors and managed by UCC staff.

List of 1 frequently asked questions.

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