When Izaak Walton Killam died suddenly in 1955, his wife, Dorothy Johnston Killam continued to build the Killam fortune. When she died in 1965, she left almost $100 million to higher education in Canada. That’s equivalent to $450 million in today’s market; an amount larger than the Rhodes Trust. Dorothy Killam’s Last Will and Testament would reverently honour her husband’s plans to dedicate their considerable wealth to higher education.
It is doubtful that any couple in Canadian history have contributed more to its enrichment in the fullest sense of that term.
— Douglas How, author of “A Very Private Person”
My purpose in establishing the Killam Trusts is to help in the building of Canada’s future by encouraging advanced study.
— From the Last Will and Testament of Dorothy Johnston Killam