One of the Foundation missions is to promote medical research with the aim of improving advances in healthcare. To date, the Foundation has supported these institutions in healthcare:
- The Jay and Barbara Hennick Fund for Medical Research at the Mount Sinai Hospital
- The Hennick Family Command Centre at the Mount Sinai Hospital
- The Crohn's & Colitis Foundation of Canada
- The Hospital for Sick Children
- The Toronto General and Western Hospital
- Baycrest Centre for Geriatric Care
- Canadian International Scientific Exchange Program