University of Calgary
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
80%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 80 cents are available for programs.
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OVERVIEW
About University of Calgary:
In 1966, the University of Calgary (UCalgary) was granted autonomy from the University of Alberta (founded 1908). The university’s mission and goals include sharpening focus on research and scholarship, enriching the quality and breadth of learning, and fully integrating the university with the community. The University of Calgary was ranked 11th in 2018 among Canada’s top Medical & Doctoral schools in Maclean’s magazine’s 2019 university rankings. UCalgary has 14 faculties offering more than 250 academic programs.
University of Calgary had 23,241 undergraduate (7.1% international) and 5,905 graduate students (26.9% international), for a total student population of 29,145 in F2018. In F2018, University of Calgary had 1,800 full-time academic staff members. This results in a student to faculty ratio of 16:1 in F2018. UCalgary has 7.8 million items in library collections and 15 Rhodes scholars to date.
University of Calgary is home to 148 research chairs, including the Canada Excellence Research Chair in materials Engineering for Unconventional Oil Reservoirs. UCalgary has more than 50 research institutes and centres. It focuses on six global priority research areas – Energy innovations for today and tomorrow; Human dynamics in a changing world; Engineering solutions for health; New Earth-space technologies; Infections, inflammation and chronic diseases; and Brain and mental health.
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Results and Impact
In F2018, University of Calgary reported a 95% undergraduate retention rate and 78% good to excellent first-year student satisfaction. The university also reports a 91.1% graduate employment rate, 76.7% of which are employed in a field related to their discipline. UCalgary reports 356 invention disclosures in research in F2018.
While Ci highlights these key results, they may not be a complete representation of University of Calgary’s results and impact.
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Finances
University of Calgary received total donations of $146.2m in F2018. Administrative costs are 7% of revenues (excluding investment income) and fundraising costs are 13% of donations. For every dollar donated, 80 cents go to the cause. This is within Ci’s reasonable range for overhead spending. Net funding reserves of $868.0m can cover nine months of annual program costs.
This charity report is an update that has been sent to University of Calgary for review. Changes and edits may be forthcoming.
Updated on July 23, 2019 by Lauren Chin.
Financial Review
Fiscal year ending March
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.2% | 6.0% | 4.9% |
| Fundraising costs as % of donations | 12.6% | 11.0% | 8.7% |
| Total overhead spending | 19.8% | 17.0% | 13.7% |
| Program cost coverage (%) | 75.9% | 72.4% | 147.0% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 146,207 | 136,828 | 145,988 |
| Government funding | 846,772 | 815,370 | 754,450 |
| Fees for service | 229,906 | 226,481 | 219,235 |
| Business activities (net) | 109,680 | 111,677 | 104,239 |
| Investment income | 53,495 | 59,607 | 51,792 |
| Other income | 3,741 | (3,669) | (4,211) |
| Total revenues | 1,389,801 | 1,346,294 | 1,271,493 |
| Program costs | 1,144,112 | 1,110,082 | 1,068,379 |
| Administrative costs | 95,605 | 77,482 | 60,140 |
| Fundraising costs | 18,467 | 15,035 | 12,731 |
| Total spending | 1,258,184 | 1,202,599 | 1,141,250 |
| Cash flow from operations | 131,617 | 143,695 | 130,243 |
| Capital spending | 194,857 | 138,981 | 181,390 |
| Funding reserves | 867,986 | 804,005 | 1,570,445 |
Note: Ci reported sales of services and products net of expenses, affecting revenues by ($12k) in F2018, ($15k) in F2017, and ($13k) in F2016. Ci used University of Calgary's CRA T3010 filing to break down administrative and fundraising costs.
Salary Information
$350k + |
6 |
$300k - $350k |
4 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Charity Contact
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