University of Regina

3737 Wascana Parkway
Regina, SK S4S 0A2
Board Chair: Lee Elliott
President: Dr. Vianne Timmons

Website: www.uregina.ca
Charitable Reg. #: 10816 2124 RR0001

Sector: Education - University

Operating Charity

Charity Rating

[Charity Rating: 4/4]

Results Reporting

Grade: B+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

donor
endowed

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

♦	♦	♦
			95¢



			75¢
			avg
			65¢


			50¢

2014	2015	2016

For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #1,349

Avg. Compensation $100,318

Top 10 Staff Salary Range

$350k +	1
$300k - $350k	2
$250k - $300k	3
$200k - $250k	4
$160k - $200k	0
$120k - $160k	0
$80k - $120k	0
$40k - $80k	0
< $40k	0

Information from most recent CRA Charities Directorate filings for F2016

About University of Regina:

University of Regina (UOR) was originally established as Regina College, a small residential high school, by the Methodist church in 1911. In 1974, UOR became a degree-awarding university. University of Regina is a public research university with nearly 200 programs across 10 faculties and 25 departments. UOR has 14,000 full-time and part-time students, a 41% increase in enrolment over the past 10 years. Of these 14,000 students, more than 11% are self-declared as being of Aboriginal descent. The university also has 400 active researchers, including 9 Canada Research Chairs, and 17 research centres and institutes. Per a study conducted by Economic Development Regina Inc., the University’s total Gross Domestic Product was estimated at $408m for Regina and $542m for the province.

In F2016, University of Regina spent $206.5m on its programs, including $156.1m on salaries and employee benefits. UOR gave out $27.2m in scholarships and bursaries. UOR reports that 6,000 current students have work experience relevant to their degrees and that 91% of full-time students are satisfied with the quality of their education. UOR states that its retention of first year students to second year is 85%. As of F2016, its undergraduate graduation rate is 53%. Maclean's University Rankings reports that standout programs at the university are its Philosophy, Politics and Economics, Business Administration, and Creative Technologies programs.

In the 2015-2016 academic year, the university took a decisive step in the development of French-language education and research in the province of Saskatchewan. On July 7^th 2015, the Board of Governors of the University of Regina unanimously approved the creation of La Cite universitaire francophone.

Financial Review:

University of Regina is a big-cap charity with donations of $12.1m in F2016. Administrative costs are 10% of total revenues and fundraising costs are 12% of total donations. For every dollar donated, 78 cents goes towards its programs, falling within Ci’s reasonable range. UOR has net funding reserves of $28.7m which can cover program costs for just over 1 month. UOR has $39.9m in endowment funds.

This charity report is an update that is being reviewed by the University of Regina. Changes and edits may be forthcoming.

Updated on June 23, 2017 by Josh Lam.

Financial Ratios Fiscal year ending April	2016	2015	2014
Administrative costs as % of revenues	10.0%	9.7%	10.3%
Fundraising costs as % of donations	11.8%	9.7%	8.7%
Program cost coverage (%)	13.9%	13.3%	25.5%

Summary Financial Statements All figures in $000s	2016	2015	2014
Donations	12,087	11,109	10,970
Government funding	132,628	142,364	139,305
Fees for service	76,122	71,090	65,978
Business activities (net)	30,282	28,261	28,252
Investment income	688	9,686	12,703
Other income	2,403	2,733	2,035
Total revenues	254,210	265,243	259,243
Program costs	206,509	197,269	194,602
Administrative costs	25,273	24,765	25,375
Fundraising costs	1,420	1,079	952
Other costs	7,724	11,737	4,224
Cash flow from operations	13,284	30,393	34,090
Funding reserves	28,749	26,217	49,543

Note: UOR does not report administrative and fundraising costs on its audited financial statements. Ci took administrative and fundraising costs from the charity’s T3010 filings. Ci reported sales of services and products revenues net of expenses, reducing both revenues and expenses by $4.5m in F2016, $3.8m in F2015 and by $3.4m in F2014. Ci excluded loss on disposal of capital assets, reducing expenses by $315k in F2016, $130k in F2015 and by $341k in F2014.

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