We believe that the promise of a young person is to be found in character. To find Canada’s next generation of leaders, we must look beyond grades and rankings to find the promise of character.
At the Loran Scholars Foundation, we identify and support young people who have the integrity and courage to make difficult decisions, the perseverance to work towards long-term goals, the curiosity to better understand the world around them and the drive to make positive change in their communities.
Every year, our volunteers dedicate over 7,000 hours to selecting up to 36 Loran Scholars from over 5,000 applicants. Our scholars come from all walks of life and every corner of Canada, from Hazelton, BC to Montréal to Fogo Island, NL.
In partnership with 25 Canadian universities and our donors, we challenge our scholars to explore, develop and share their talents. Each Loran Award is valued at up to $100,000 over four years of undergraduate study, including mentorship and summer experiences.
By making long-term investments in the future of Loran Scholars, we’re investing in the future of Canada. See the impact our alumni are making on Canada and the world.
We are an independent charitable organization governed by a board of directors, working in partnership with universities, donors and volunteers. In 2017, the Financial Post once again named us a Top Canadian Charity based on evidence of good governance, financial transparency and clear evidence of impact. In 2021, Loran was honoured to be the first Canadian scholarship provider to receive an Award of Excellence from the National Scholarship Providers Association (NSPA) as the 2021 recipient of the Scholarship Provider of the Year Award (Large Provider).
Founded in 1988, the Loran Scholars Foundation was the first national organization in Canada to grant undergraduate awards based on a mix of academic achievement, extracurricular activity and leadership potential.
Our founders responded to what they recognized as a gap in the Canadian system of merit-based financial assistance to university students. Such assistance tended to be directed to two groups － those with exceptionally high academic averages, via university scholarship programs, and those with exceptional abilities as athletes, via national teams programs. Only a small proportion of overall financial aid was directed at those who show promise of the leadership and other talents that will make their communities better places both during and after their university careers.
In the words of our founder Dr. Robert Cluett, at the heart of our work is the belief that “breadth, openness to challenge, and willingness to take risk are many times more important than any quantitative measure of promise.” It is a belief that we still hold quite strongly today.
Before 2007, Loran Awards were known as Canadian Merit Scholarship Foundation National Awards. We changed the name to emphasize the long-term impact of our work and the three pillars of character, service and leadership.
Board of Directors
Our board of directors meets quarterly and has three standing committees: executive, audit and investment.
Catherine Graham (Chair)
Co-Founder & CEO of commonsku
R. Jamie Anderson (Past Chair)
Brandon Nussey (Treasurer)
Chief Financial Officer, Lightspeed HQ
VP, International Partnerships, Mitacs
Mark Angelo (Loran Scholar ’99)
CEO, LMC Healthcare
President & CEO, Montigo / Canadian Heating Products
Partner, Torys LLP
Executive Vice-President, Power Corporation of Canada
Vice Chair & Global Managing Partner, Monitor Deloitte
Head of Capital Markets, Laurentian Bank
Senior Advisor, Office of the Vice-President & Principal, University of Toronto Mississauga
President & CEO, REDspace
Director, Community Relations and Partnerships, Air Canada
President and Vice-Chancellor, York University
Alex Mazer (BMO Loran Scholar ’97)
Founding Partner, Common Wealth
Managing Director & Co-Head of BMO Capital Markets Québec, BMO Capital Markets
Co-Founder & CTO, FundThrough
President, The Henry White Kinnear Foundation
Vice-President, Portfolio Manager Burgundy Asset Management
Bruce M. Wright
Retired Managing Partner, MLT Aikins LLP
Vali Bennett (Secretary)
Vice-President and Corporate Secretary, Avana Capital Corporation
Meghan Moore (W. Garfield Weston Loran Scholar ’98)
Chief Executive Officer, Loran Scholars Foundation
Chief Investment Officer, President & Director, Freycinet Investments
Alan Broadbent, C.M.
Chairman & CEO, Avana Capital Corporation
Founder, Loran Scholars Foundation
David Crombie, P.C., O.C.
Former President and CEO, Canadian Urban Institute
Former Mayor of Toronto and Member of Parliament
Novelist, translator, editor, and teacher
J. Douglas Grant
Co-Founder, Sceptre Investment Counsel
CEO, McCall MacBain Foundation
Rod MacLennan, C.M.
Owner, Tribune Holdings Ltd.
John H. Phillips
President & CEO, Klister Credit Corp.
Director, Weston Family Foundation
President, The Henry White Kinnear Foundation
Purdy Crawford (1931 – 2014)
Former CEO, Imasco Ltd.
Former Partner, Osler, Hoskin & Harcourt LLP
Grant L. Reuber, O.C. (1927 – 2018)
Former COO, Bank of Montreal
Former Chair, Canadian Deposit Insurance
Annual Reports & Publications
Annual reports and audited financial statements
- 2021: annual report & audited financial statements
- 2020: annual report & audited financial statements
- 2019: annual report & audited financial statements
- 2018: annual report & audited financial statements
- 2017: annual report & audited financial statements
- 2016: annual report & audited financial statements
- 2015: annual report & audited financial statements
- 2014: annual report & audited financial statements
- 2013: annual report & audited financial statements
- 2012: annual report & audited financial statements
- 25th Anniversary Prospectus
- 20th Anniversary Prospectus
- Gucciardi, Franca (2004) “Recognizing Excellence? Canada’s Merit Scholarships“
For application inquiries, please email email@example.com or call 416.646.2120 x100.
Our small staff works with a national network of volunteers, donors and university partners to discover and support Loran Scholars.
Chief Executive Officer
Meghan possesses over a decade of strategic management experience in the public, private, and not-for-profit sectors. Her undergraduate studies focused on music cognition and she received a bachelor of science and a bachelor of music education from the University of Toronto. She later went on to earn an MBA from the Schulich School of Business at York University. Most recently she was the VP of Business Development at the Royal Conservatory of Music.
Vice-President, External Relations
Heather co-founded Loran’s Newfoundland selection committee in 1992 and later volunteered in Ottawa. Prior to her current role, she served as Loran’s Director of Programs for more than ten years. Heather has also worked as a guidance counsellor in Ottawa and special education teacher in New York City. She has a BA and BEd from Memorial University as well as an MEd from the University of Sydney as a Rotary Ambassadorial Scholar.
Director of Operations
With a passion for collective impact and systems change, Lily brings to Loran 20 years’ experience in communications and operations in the non-profit sector. Lily previously held leadership positions at the Toronto Region Immigrant Employment Council and the Income Security Advocacy Centre. She holds an Honours Bachelor of Commerce from McMaster University and a post-graduate certificate in public relations from Humber College.
Director of Programs
Carolyn brings to Loran more than 10 years of experience in the educational and non-profit sectors, both in Canada and in the United States. She is passionate about issues of community development, civic engagement, food security, environmental education, and youth leadership development. She holds an HBA in history from McGill University.
Development & Stewardship Officer
Nicole is passionate about inspiring others to create positive change and is a strong activist on issues about social equity, climate emergency, and affordable education. The last few years she has dedicated herself to the non-profit sector focusing her efforts on food security. Nicole graduated with a BA in Hospitality and International Business and outside of work, she loves to travel, garden, and is a true crime fanatic.
416.646.2120 x 228
Jeremiah has an interdisciplinary academic background in commerce, humanities, and performing arts which he completed at De La Salle University-Manila and the University of British Columbia. Passionate about student development, career planning and community engagement, he comes to Loran with an extensive experience working in corporate and higher education organizations such as L’Oréal, UBC, and SFU. He is also completing his Master of Education in Adult Learning and Global Change at UBC.
416.646.2120 x 230
Kimberly is an iBA graduate of the Translation Studies program at York University’s Glendon Campus. She brings to Loran years of experience in the continuing education and non-profit sectors. When she is not working, Kimberly enjoys reading or discovering new things to see and do in the city of Toronto.
Senior Scholar Advisor
Loretta Chang is a settler of colour and second-generation Canadian based in Toronto. With 15+ years’ experience in the arts, social services and higher education, Loretta is dedicated to engaging youth as they explore career options and ways to effect positive change. She holds a degree in Film Studies from Queen’s University and a diploma in Career & Work Counselling from George Brown College, keeps a stack of cookbooks on her nightstand and lends her voice to audio projects.
Margaret Ovenell (2017 CIBC Loran Scholar)
Margaret Ovenell (she/her) is a recent graduate of McGill University, where she graduated with a BA in Urban Systems Geography and Gender, Sexuality, and Feminist Studies with a minor in Political Science. Through the Loran program, Margaret had the opportunity to work with non-profits and socially-driven organizations across Canada, which has fuelled her passion for community building and social change. When Margaret isn’t working, you can find her crafting, going for a swim, or getting excited about a new bike share station.
Manager, Community Engagement & Communications
A graduate of York University’s Communication Studies program, Danielle brings a number of marketing skills that she has used to advance educational initiatives in both the for-profit and non-profit sectors. Valuing society’s newfound connectedness in the digital age, Danielle’s passion for communications and content creation can be witnessed when you catch her dropping books across the Toronto transit as part of her grassroots book sharing initiative, Books on the Transit.
Senior Manager, Marketing Communications (on parental leave)
Kylie holds a BA in English Literature and Communication and an MA in Art History from Western University. She brings to Loran many years of experience in marketing and strategic communication in publishing, agency and start-up environments. Passionate about modern art, film and music, Kylie is passionate about the arts as a medium of intercultural dialogue and building a global community.
Selections and Program Coordinator
Maya is a recent McMaster University graduate who brings her passion for social justice to the Loran team. Obtaining a major in Sociology and a minor in Diversity and Equity, Maya is drawn to issues concerning increased access to education, and promoting Diversity Equity and Inclusion within social institutions
(Grandey Loran Scholar ’15)
Tanner most recently worked for McGill University’s Office of Sustainability where he stewarded the million dollar Sustainability Projects Fund which empowers staff and students to create a culture of sustainability on campus. Prior to this, he graduated from McGill with an Honours BA in Economics and the Earth’s Environment. He brings his passion for environmental and social sustainability to the Loran team. Outside of work, he loves to garden and to refurbish vintage electronics.