University of Manitoba

About University of Manitoba:

Founded in 1877, the University of Manitoba is the largest post-secondary educational institution in Manitoba. The University's Bannatyne Campus has 10 buildings located in the center of Winnipeg. The Bannatyne Campus is the centre for medical, dental and health-related instruction and research. The University's Fort Garry Campus has 60 major buildings over 280 hectares. The Fort Garry Campus includesthe university's four colleges, laboratories, administrative and service offices, recreation facilities, research agencies, libraries and residences.

In 2015, the University released Taking Our Place, its strategic plan for the next 5 years. The plan focuses on delivering an outstanding educational experience, furthering its research, developing Indigenous leaders, and engaging the community. University of Manitoba's mission is "to create, preserve, communicate and apply knowledge, contributing to the cultural, social and economic well-being of the people of Manitoba, Canada and the world."

In F2015, University of Manitoba had 25,298 undergraduate students and 3,719 graduate students. Of its students, 4,464 were international students and 2,168 were Indigenous students. In F2015, the University employed 6,295 academic staff, 4,553 support staff and 1,197 full-time faculty members. This results in a student to full-time faculty ratio of 24:1.

University of Manitoba reports that the University contributes $1.8 billion annually to the province's economic activity. Further, it reports that the University attracts over 180,000 annual visitors to Manitoba, and supports over 20,000 local jobs. Finally, for every dollar spent, the University reports that it generates $1.85 for the Manitoba economy.

Financial Review:

University of Manitoba is a Major 100 charity, with donations of $82.4m in F2015. However, donations only made up 9.5% of total revenues in F2015. Government funding makes up 57% of revenues, at $492.3m in F2015. As the University did not explicitly report the expenses associated with ancillary services and sales of goods and services, the business activities presented below are gross values. The University's administrative costs are 4% of revenues and its fundraising costs are 4% of donations. As the administrative and fundraising costs were not explicitly reported in the audited financial statements, these values were taken from the charity's T3010 filings. For every $1 donated to the University, 91 cents is put towards its programs, falling within Ci's reasonable range. University of Manitoba's funding reserves of $736.3m include $395.7m in donor-endowed funds. This means that, excluding donor-endowed funds, the University can cover 6 months of its annual programs using its existing reserves.

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

Updated on June 24, 2016 by Lynn Tay.